Value Line (NASDAQ:VALU) Announces Earnings Results

Value Line (NASDAQ:VALU) released its quarterly earnings data on Friday. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, Zacks reports. Value Line had a return on equity of 22.29% and a net margin of 54.72%.

Value Line Stock Performance

VALU traded up $1.27 during midday trading on Friday, reaching $53.39. The company had a trading volume of 8,518 shares, compared to its average volume of 6,302. The stock has a market cap of $502.93 million, a PE ratio of 25.18 and a beta of 0.81. The business has a 50-day moving average price of $50.74 and a two-hundred day moving average price of $45.66. Value Line has a 12-month low of $36.00 and a 12-month high of $57.68.

Value Line Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, October 28th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend was Monday, October 28th. Value Line’s payout ratio is 56.60%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Value Line from a “hold” rating to a “buy” rating in a report on Wednesday, September 11th.

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.