Value Line (NASDAQ:VALU) Releases Earnings Results

Value Line (NASDAQ:VALU) issued its quarterly earnings data on Friday. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $8.97 million during the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. During the same quarter in the prior year, the firm posted $1.51 earnings per share.

Value Line Price Performance

VALU opened at $39.60 on Friday. The business has a fifty day simple moving average of $41.48 and a 200 day simple moving average of $46.42. Value Line has a 1 year low of $32.94 and a 1 year high of $57.68. The company has a market capitalization of $372.95 million, a PE ratio of 16.85 and a beta of 0.74.

Value Line Announces Dividend

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

Analysts Set New Price Targets

Separately, StockNews.com cut Value Line from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.

Value Line Company Profile

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.