Park National Story

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PRK -- USA Stock  

USD 124.03  2.44  1.93%

Park National Cash Flow Per Share is decreasing as compared to previous years. The last year's value of Cash Flow Per Share was reported at 7.81. The current Revenue to Assets is estimated to increase to 0.06, while Average Assets are projected to decrease to under 6.1 B. Park National is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 26th of January 2021. Is financial services space attracting new traders, let's check if Park National is sending any bullish signals. We will analyze why Park National investors may still consider a stake in the business. The entity moves indifferently to market moves. We can now concentrate on Park National as a potential investment option for your portfolios.
Published over a month ago
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Does Park National (AMEX:PRK) have strong basic indicators based on the recent surge?
Macroaxis provides advice on Park National to complement and cross-verify current analyst consensus on Park National. Our recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. The company dividends can provide a clue to the current value of the stock. This firm one year expected dividend income is about $2.5 per share.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Park National income statement, its balance sheet, and the statement of cash flows. Potential Park National investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Park National investors may use each financial statement separately, they are all related. The changes in Park National's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Park National's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Park National fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Park National performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Park National shares is the value that is considered the true value of the share. If the intrinsic value Park National is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Park National.
Please read more on our fundamental analysis page.

Are Park National Earnings Expected to grow?

The future earnings power of Park National involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Park National factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Park National stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Park National expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Park National earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Park National dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Park National one year expected dividend income is about $2.1 per share.
Park National Preferred Dividends Income Statement Impact is increasing as compared to previous years. The last year's value of Preferred Dividends Income Statement Impact was reported at 3.08 Million. The current Dividend Yield is estimated to increase to 0.0329, while Payment of Dividends and Other Cash Distributions is projected to decrease to (71.5 M).
Last ReportedProjected for 2021
Preferred Dividends Income Statement Impact3.1 M3.4 M
Payment of Dividends and Other Cash Distributions-66.3 M-71.5 M
Dividend Yield 0.0279  0.0329 
Dividends per Basic Common Share 3.38  3.30 
Investing in dividend-paying stocks, such as Park National Corp is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Park National must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Park National. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How Park National utilizes its cash?

To perform a cash flow analysis of Park National, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Park National is receiving and how much cash it distributes out in a given period. The Park National cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Park National Net Cash Flow from Operations is increasing as compared to previous years. The last year's value of Net Cash Flow from Operations was reported at 127.67 Million

Park National Gross Profit

Park National Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Park National previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Park National Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Breaking down Park National Indicators

There are few distinct groups of Park National stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Park National is distributed among investors.

Ownership Allocation

Park National owns a total of sixteen million three hundred nine thousand nine hundred ninety-nine outstanding shares. Over half of Park National outstanding shares are owned by third-party entities. These third-party entities are typically referred to corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Park National. Please watch out for any change in the institutional holdings of Park National as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Retail Investors
47.0%
Institutions
50.58%
Retail Investors47.0
Insiders2.42
Institutions50.58
 2018 2019 2020 2021 (projected)
Cash and Equivalents167.21 M159.96 M143.96 M146.06 M
Total Assets7.8 B8.56 B7.7 B7.14 B

Park National implied volatility may change after the surge

The standard deviation is down to 2.67 as of today. Park National currently demonstrates below-verage downside deviation. It has Information Ratio of 0.08 and Jensen Alpha of 0.4. However, we do advice investors to further question Park National expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Perspective on Park National

Although many other companies under the banks?regional industry are still a bit expensive, Park National may offer a potential longer-term growth to traders. On the whole, as of the 24th of January 2021, we believe that at this point, Park National is very steady with below average odds of financial turmoil within the next 2 years. From a slightly different point of view, the entity appears to be overvalued. Our ongoing 30 days 'Buy-vs-Sell' recommendation on the firm is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Park National Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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