Value Line (NASDAQ:VALU) Share Price Passes Below 200 Day Moving Average – What’s Next?

Shares of Value Line, Inc. (NASDAQ:VALU) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $38.10 and traded as low as $37.21. Value Line shares last traded at $37.21, with a volume of 2,144 shares.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on VALU shares. Wall Street Zen upgraded Value Line to a “hold” rating in a research report on Saturday, September 13th. Weiss Ratings restated a “hold (c)” rating on shares of Value Line in a report on Tuesday, November 25th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Value Line currently has a consensus rating of “Hold”.

Value Line Price Performance

The company has a 50-day moving average of $37.72 and a 200 day moving average of $38.10. The company has a market cap of $350.15 million, a PE ratio of 16.46 and a beta of 1.25.

Value Line (NASDAQ:VALU) last posted its quarterly earnings data on Monday, September 15th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter. The business had revenue of $8.61 million during the quarter. Value Line had a return on equity of 21.35% and a net margin of 61.09%.

Value Line Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 10th. Investors of record on Monday, October 27th were given a $0.325 dividend. The ex-dividend date was Monday, October 27th. This represents a $1.30 dividend on an annualized basis and a yield of 3.5%. Value Line’s dividend payout ratio (DPR) is currently 57.52%.

Value Line declared that its board has approved a stock repurchase program on Wednesday, October 29th that permits the company to buyback $2,000.00 billion in shares. This buyback authorization permits the financial services provider to repurchase up to 547,465.2% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Value Line

Several institutional investors have recently made changes to their positions in the company. Millennium Management LLC bought a new position in Value Line during the 3rd quarter valued at about $334,000. Neuberger Berman Group LLC grew its stake in shares of Value Line by 3.5% during the third quarter. Neuberger Berman Group LLC now owns 114,473 shares of the financial services provider’s stock valued at $4,474,000 after buying an additional 3,923 shares during the last quarter. Teton Advisors LLC bought a new position in shares of Value Line during the third quarter valued at approximately $1,171,000. Cloud Capital Management LLC purchased a new stake in shares of Value Line in the third quarter worth approximately $128,000. Finally, Strs Ohio bought a new stake in shares of Value Line during the 1st quarter worth approximately $356,000. Institutional investors own 6.26% of the company’s stock.

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.