Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets. Park's advanced composite materials include film adhesives (undergoing qualification) and lightning strike materials. Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications.
Company profile
Ticker
PKE
Exchange
Website
CEO
Brian Shore
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Transdigm • Spirit Aerosystems • Elbit Systems • Ducommun • Astronics • CPI Aerostructures • EHang • Air Industries • Astro Aerospace • As-ip Tech ...
Former names
PARK ELECTROCHEMICAL CORP
SEC CIK
Corporate docs
Subsidiaries
Neluk, Inc. • New England Laminates Co., Inc. • Park Sales Corp. • Tin City Aircraft Works, Inc. • Park Aerospace Technologies Asia Pte. Ltd. • NW Orangethorpe, Inc. ...
IRS number
111734643
PKE stock data
Latest filings (excl ownership)
8-K
Park Aerospace Corp. Increases Regular Quarterly Cash Dividend and Declares Special Dividend
13 Feb 23
10-Q
2022 Q3
Quarterly report
6 Jan 23
8-K
Park Aerospace Corp. Reports Third Quarter Results
5 Jan 23
10-Q
2022 Q2
Quarterly report
7 Oct 22
8-K
Park Aerospace Corp. Reports Second Quarter Results
6 Oct 22
8-K
Park Aerospace Corp. Announces Election
15 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
21 Jul 22
10-Q
2023 Q1
Quarterly report
8 Jul 22
8-K
Park Aerospace Corp. Reports First Quarter Results
7 Jul 22
DEF 14A
Definitive proxy
17 Jun 22
Transcripts
PKE
Earnings call transcript
2023 Q3
5 Jan 23
PKE
Earnings call transcript
2023 Q1
7 Jul 22
PKE
Earnings call transcript
2022 Q4
14 May 22
PKE
Earnings call transcript
2022 Q3
11 Jan 22
PKE
Earnings call transcript
2022 Q2
7 Oct 21
PKE
Earnings call transcript
2022 Q1
8 Jul 21
PKE
Earnings call transcript
2021 Q4
14 May 21
PKE
Earnings call transcript
2021 Q3
7 Jan 21
PKE
Earnings call transcript
2021 Q1
9 Jul 20
PKE
Earnings call transcript
2020 Q4
15 May 20
Latest ownership filings
SC 13G
BRANDES INVESTMENT PARTNERS, LP
13 Feb 23
SC 13G/A
RENAISSANCE TECHNOLOGIES LLC
13 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G
River Road Asset Management, LLC
8 Feb 23
SC 13G/A
BlackRock Inc.
23 Jan 23
4
BRIAN E SHORE
31 Aug 22
3
Cory Nickel
15 Aug 22
4
STEVEN T WARSHAW
14 Apr 22
4
D. Bradley Thress
14 Apr 22
4
Yvonne Julian
14 Apr 22
Financial summary
| Quarter (USD) | Nov 22 | Aug 22 | May 22 | Feb 22 | |
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| Diluted EPS |
| Annual (USD) | Feb 22 | Feb 21 | Feb 20 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 4.61 mm | 4.61 mm | 4.61 mm | 4.61 mm | 4.61 mm | 4.61 mm |
| Cash burn (monthly) | (no burn) | 779.17 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 3.02 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 1.59 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 2.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
11.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 101 |
| Opened positions | 11 |
| Closed positions | 17 |
| Increased positions | 39 |
| Reduced positions | 36 |
| 13F shares | Current |
|---|---|
| Total value | 185.08 mm |
| Total shares | 16.76 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.09 mm | $34.08 mm |
| Vanguard | 1.38 mm | $15.23 mm |
| Brandes Investment Partners | 1.25 mm | $13.77 mm |
| River Road Asset Management | 1.22 mm | $13.44 mm |
| Renaissance Technologies | 1.14 mm | $12.54 mm |
| Heartland Advisors | 851.81 k | $9.40 mm |
| Dimensional Fund Advisors | 796.73 k | $8.80 mm |
| Beck Mack & Oliver | 752.64 k | $8.31 mm |
| IVZ Invesco | 654.92 k | $7.23 mm |
| Gamco Investors | 650.40 k | $7.18 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 29 Aug 22 | Shore Brian E | Common Stock | Gift | Dispose G | No | No | 0 | 1,000 | 0.00 | 586,619 |
| 12 Apr 22 | Esquivel Mark A | Right to buy option Common Stock | Grant | Acquire A | No | No | 12.06 | 2,000 | 24.12 k | 20,000 |
| 12 Apr 22 | Shore Brian E | Right to buy option Common Stock | Grant | Acquire A | No | No | 12.06 | 30,000 | 361.80 k | 30,000 |
| 12 Apr 22 | Farabaugh P. Matthew | Right to buy option Common Stock | Grant | Acquire A | No | No | 12.06 | 13,000 | 156.78 k | 13,000 |
Press releases
Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
3 Mar 23
Park Aerospace Corp. Increases Regular Quarterly Cash Dividend and Declares Special Dividend
9 Feb 23
Park Aerospace Corp. Chairman and CEO to Speak at Annual Needham Growth Conference
9 Jan 23
Park Aerospace Corp. Reports Third Quarter Results
5 Jan 23