Analysts See $0.36 EPS for Actuant Corporation (ATU)

May 17, 2018 - By Tina Thibodeau

Actuant Corporation (NYSE:ATU) LogoInvestors sentiment decreased to 1.29 in 2017 Q4. Its down 0.08, from 1.37 in 2017Q3. It dived, as 21 investors sold Actuant Corporation shares while 38 reduced holdings. 19 funds opened positions while 57 raised stakes. 64.66 million shares or 3.05% more from 62.75 million shares in 2017Q3 were reported.
Legal & General Group Public Limited reported 121,681 shares. 548,829 were reported by Schwab Charles Inv Mgmt Incorporated. Oppenheimer Com reported 59,057 shares. Moreover, Frontier Capital Limited Liability has 0.28% invested in Actuant Corporation (NYSE:ATU). Price T Rowe Md holds 8,954 shares. 447,634 are owned by Principal Group Inc. Aperio Limited Liability Company owns 18,494 shares or 0% of their US portfolio. Hsbc Hldg Pcl holds 10,156 shares. California Public Employees Retirement System has 0.01% invested in Actuant Corporation (NYSE:ATU) for 200,057 shares. Cooke Bieler Limited Partnership, a Pennsylvania-based fund reported 679,410 shares. Jpmorgan Chase reported 526,675 shares. Rhumbline Advisers stated it has 0.01% in Actuant Corporation (NYSE:ATU). Louisiana State Employees Retirement System has 25,700 shares. Mason Street Advsrs Ltd Limited Liability Company holds 15,559 shares. Tower Research Capital Ltd Liability Com (Trc) invested in 0.02% or 6,201 shares.

Analysts expect Actuant Corporation (NYSE:ATU) to report $0.36 EPS on June, 20.They anticipate $0.04 EPS change or 12.50 % from last quarter’s $0.32 EPS. ATU’s profit would be $21.85 million giving it 16.98 P/E if the $0.36 EPS is correct. After having $0.13 EPS previously, Actuant Corporation’s analysts see 176.92 % EPS growth. The stock increased 0.82% or $0.2 during the last trading session, reaching $24.45. About 321,386 shares traded. Actuant Corporation (NYSE:ATU) has declined 9.76% since May 17, 2017 and is downtrending. It has underperformed by 21.31% the S&P500.

Actuant Corporation (NYSE:ATU) Ratings Coverage

Among 5 analysts covering Actuant (NYSE:ATU), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Actuant had 8 analyst reports since December 20, 2017 according to SRatingsIntel. The company was maintained on Thursday, March 22 by Stifel Nicolaus. The firm has “Overweight” rating given on Thursday, March 22 by KeyBanc Capital Markets. The stock has “Hold” rating by RBC Capital Markets on Wednesday, March 21. BMO Capital Markets maintained Actuant Corporation (NYSE:ATU) rating on Thursday, January 25. BMO Capital Markets has “Hold” rating and $25.0 target. The rating was maintained by RBC Capital Markets on Wednesday, December 20 with “Hold”. Robert W. Baird maintained it with “Buy” rating and $25.0 target in Wednesday, March 21 report. The firm has “Hold” rating given on Wednesday, March 21 by BMO Capital Markets. BMO Capital Markets maintained it with “Hold” rating and $24.0 target in Wednesday, December 20 report.

Actuant Corporation designs, manufactures, and distributes a range of industrial products and systems worldwide. The company has market cap of $1.48 billion. It operates through three divisions: Industrial, Energy, and Engineered Solutions. It currently has negative earnings. The Industrial segment is primarily involved in the design, manufacture, and distribution of branded hydraulic and mechanical tools to the maintenance, industrial, infrastructure, and production automation markets under the Enerpac, Simplex, Precision-Hayes, Milwaukee Cylinder, and Larzep brand names.

More news for Actuant Corporation (NYSE:ATU) were recently published by: Businesswire.com, which released: “Actuant Announces General Counsel Appointment” on May 07, 2018. Prnewswire.com‘s article titled: “Machinery Stocks on Investors’ Radar — Flowserve, Gardner Denver, Generac, and Actuant” and published on May 07, 2018 is yet another important article.

Actuant Corporation (NYSE:ATU) Ratings Chart

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