Deltic Timber (NYSE:DEL) posted its quarterly earnings data on Wednesday. The construction company reported $0.42 earnings per share (EPS) for the quarter, reports. Deltic Timber had a net margin of 4.13% and a return on equity of 3.74%.
Deltic Timber (DEL) traded up $3.97 on Wednesday, reaching $97.23. 95,936 shares of the company’s stock were exchanged, compared to its average volume of 146,291. The company has a quick ratio of 1.18, a current ratio of 1.72 and a debt-to-equity ratio of 0.94. The stock has a market cap of $1,111.56, a P/E ratio of 126.27 and a beta of 0.93. Deltic Timber has a 1 year low of $65.65 and a 1 year high of $100.35.
In related news, VP David V. Meghreblian sold 16,057 shares of the business’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $90.94, for a total value of $1,460,223.58. Following the transaction, the vice president now directly owns 27,424 shares of the company’s stock, valued at approximately $2,493,938.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Byrom Walker sold 5,500 shares of the business’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $90.94, for a total transaction of $500,170.00. Following the completion of the transaction, the chief financial officer now directly owns 10,979 shares in the company, valued at $998,430.26. The disclosure for this sale can be found here. 12.10% of the stock is owned by insiders.
A number of equities analysts have issued reports on DEL shares. TheStreet downgraded shares of Deltic Timber from a “b-” rating to a “c+” rating in a report on Friday, December 15th. ValuEngine downgraded shares of Deltic Timber from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. Deltic Timber presently has a consensus rating of “Hold” and an average target price of $50.13.
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About Deltic Timber
Deltic Timber Corporation is a vertically integrated natural resources company. The Company is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard (MDF). It operates through four segments: Woodlands, which manages all aspects of the Company’s timberlands; Manufacturing, which consists of its approximately two sawmills that manufacture a range of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate, which includes the Company’s four real estate developments and a related country club operation, and Corporate.
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