Zacks: Actuant Corporation (NASDAQ:EPAC) Given Average Rating of “Hold” by Brokerages

Shares of Actuant Corporation (NASDAQ:EPAC) have earned an average broker rating score of 3.33 (Hold) from the six analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation and five have given a hold recommendation to the company.

Brokers have set a 1-year consensus target price of $22.60 for the company and are expecting that the company will post $0.09 earnings per share for the current quarter, according to Zacks. Zacks has also given Actuant an industry rank of 243 out of 255 based on the ratings given to its competitors.

Shares of NASDAQ:EPAC opened at $21.43 on Wednesday. Actuant has a fifty-two week low of $19.07 and a fifty-two week high of $26.56.

Actuant (NASDAQ:EPAC) last announced its quarterly earnings results on Thursday, September 26th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $158.32 million during the quarter, compared to analyst estimates of $168.71 million.

About Actuant

Actuant Corp. is a diversified industrial company, which engages in the designing, manufacturing, and distribution of a broad range of industrial products and systems to various end markets. It operates through the Industrial Tools and Services; and Engineered Components and Systems segments. The Industrial Tools and Services segment supplies both products and services to a broad array of end markets, including industrial, energy, mining and production automation markets.

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