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)
10-K
2023 FY
Annual report
12 May 23
8-K
Park Aerospace Corp. Reports Fourth Quarter
11 May 23
8-K
Park Aerospace Corp. Announces Cooperation Agreement with Huffman Prairie Holdings
21 Apr 23
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
Transcripts
PKE
Earnings call transcript
2023 Q4
11 May 23
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
Financial summary
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| Annual (USD) | Feb 23 | Feb 22 | Feb 21 | Feb 20 | |
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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) | 4.24 mm | 4.24 mm | 4.24 mm | 4.24 mm | 4.24 mm | 4.24 mm |
| Cash burn (monthly) | 124.33 k | 714.50 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 425.08 k | 2.44 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 3.81 mm | 1.79 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 30.7 | 2.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
81.9% 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 May 23 | Groehl Emily J | Right to buy option Common Stock | Grant | Acquire A | No | No | 13.08 | 3,500 | 45.78 k | 3,500 |
| 1 May 23 | D. Bradley Thress | Right to buy option Common Stock | Grant | Acquire A | No | No | 13.08 | 3,500 | 45.78 k | 3,500 |
| 1 May 23 | Warshaw Steven T | Right to buy option Common Stock | Grant | Acquire A | No | No | 13.08 | 3,500 | 45.78 k | 3,500 |
| 1 May 23 | Smith Carl William | Right to buy option Common Stock | Grant | Acquire A | No | No | 13.08 | 3,500 | 45.78 k | 3,500 |
| 1 May 23 | Yvonne Julian | Right to buy option Common Stock | Grant | Acquire A | No | No | 13.08 | 3,500 | 45.78 k | 3,500 |
Press releases
Park Aerospace Corp. Reports Fourth Quarter and Fiscal Year Results
11 May 23
Park Aerospace Corp. Announces Introduction of Aeroadhere™ FAE-350-1 Structural Film Adhesive Product
9 May 23
Park Aerospace Corp. Announces Date of Fiscal Year Earnings Release and Conference Call
8 May 23
Park Aerospace Corp. Announces Its Largest Customer Has Approved and Qualified the Company's Major Expansion for Production
24 Apr 23
Park Aerospace Corp. Announces Cooperation Agreement With Huffman Prairie Holdings
20 Apr 23