Value Line (NASDAQ:VALU) Posts Quarterly Earnings Results

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

Value Line Stock Up 2.4 %

Shares of NASDAQ:VALU traded up $1.27 during midday trading on Friday, hitting $53.39. The stock had a trading volume of 8,518 shares, compared to its average volume of 6,302. The company has a market cap of $502.93 million, a P/E ratio of 25.18 and a beta of 0.81. Value Line has a 12 month low of $36.00 and a 12 month high of $57.68. The business’s 50-day simple moving average is $50.74 and its 200-day simple moving average is $45.66.

Value Line Dividend Announcement

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

Analyst Ratings Changes

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

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.