Value Line (NASDAQ:VALU) Releases Earnings Results

Value Line (NASDAQ:VALU) released its quarterly earnings data on Friday. The financial services provider reported $0.55 earnings per share for the quarter, Zacks reports. Value Line had a return on equity of 24.00% and a net margin of 62.02%.

Value Line Stock Down 1.4 %

Value Line stock traded down $0.55 during trading hours on Friday, hitting $39.60. The stock had a trading volume of 3,732 shares, compared to its average volume of 7,186. The stock has a market capitalization of $372.95 million, a P/E ratio of 16.85 and a beta of 0.74. Value Line has a 12-month low of $32.94 and a 12-month high of $57.68. The stock’s 50-day moving average price is $41.76 and its 200-day moving average price is $46.41.

Value Line Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, February 10th. Stockholders of record on Monday, January 27th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, January 27th. This represents a $1.20 annualized dividend and a dividend yield of 3.03%. Value Line’s payout ratio is presently 51.06%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Value Line from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th.

About Value Line

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.