Value Line (NASDAQ:VALU) Releases Earnings Results

Value Line (NASDAQ:VALU) issued its earnings results on Friday. The financial services provider reported $0.60 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 Up 2.4 %

Shares of NASDAQ VALU traded up $1.27 during midday trading on Friday, reaching $53.39. 8,518 shares of the stock were exchanged, compared to its average volume of 6,297. Value Line has a twelve month low of $36.00 and a twelve month high of $57.68. The firm has a 50-day simple moving average of $50.74 and a two-hundred day simple moving average of $45.66. The firm has a market cap of $502.93 million, a price-to-earnings ratio of 24.59 and a beta of 0.81.

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 issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend was Monday, October 28th. Value Line’s payout ratio is presently 56.60%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised 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.