Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Park National Corp before investing.

In this article, we go over a few key elements for understanding Park National Corp’s stock price such as:

• Park National Corp’s current stock price and volume
• Why Park National Corp’s stock price changed recently
• Upgrades and downgrades for PRK from analysts
• PRK’s stock price momentum as measured by its relative strength

About Park National Corp (PRK)

Before we jump into Park National Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Park National Corporation is a financial holding company. The Company's banking operations are conducted through its subsidiary, Park National Bank, a national banking association. The Company's principal business consists of owning and supervising its subsidiaries. Park National Bank engages in the commercial banking and trust business, generally in small and medium population areas in Ohio, North Carolina and South Carolina communities, in addition to operations within the metropolitan areas of Columbus and Cincinnati, Ohio; Charlotte, North Carolina; and Louisville, Kentucky. Park National Bank operates financial service offices in Ohio, Kentucky, North Carolina and South Carolina. Park National Bank delivers financial products and services through its financial service offices and through a network of automated teller machines, as well as telephone and Internet-based banking through both personal computers and mobile devices, including ParkDirect, a mobile bank experience.

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Park National Corp’s Stock Price as of Market Close

As of July 18, 2024, 4:00 PM, CST, Park National Corp’s stock price was $164.74.

Park National Corp is down 4.54% from its previous closing price of $172.58.

During the last market session, Park National Corp’s stock traded between $165.80 and $172.80. Currently, there are 16.12 million shares of Park National Corp stock available for purchase.

Park National Corp’s price-earnings (P/E) ratio is currently at 21.8, which is high compared to the Banks industry median of 11.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Park National Corp Stock Price History

Park National Corp’s (PRK) price is currently up 15.74% so far this month.

During the month of July, Park National Corp’s stock price has reached a high of $174.85 and a low of $139.97.

Over the last year, Park National Corp has hit prices as high as $172.80 and as low as $90.28. Year to date, Park National Corp’s stock is up 17.04%.

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What Caused Park National Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 17, 2024, there were 0 analysts who downgraded Park National Corp’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Park National Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Park National Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Park National Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Park National Corp (PRK) by visiting AAII Stock Evaluator.

Relative Price Strength of Park National Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 17, 2024, Park National Corp has a weighted four-quarter relative price strength of 10.83%, which translates to a Momentum Score of 89 and is considered to be Very Strong.

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Park National Corp Stock Price: Bottom Line

As of July 18, 2024, Park National Corp’s stock price is $164.74, which is down 4.54% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Park National Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.