Actuant Corporation (ATU) Analysts See $0.36 EPS

May 17, 2018 - By Henry Gaston

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.
Prudential Financial has invested 0% in Actuant Corporation (NYSE:ATU). Invesco owns 0% invested in Actuant Corporation (NYSE:ATU) for 117,122 shares. 283,153 were accumulated by Wells Fargo Company Mn. Ubs Asset Mgmt Americas Inc invested in 38,335 shares. Frontier Capital Mngmt Limited Liability Company, Massachusetts-based fund reported 1.49 million shares. Ny State Common Retirement Fund invested 0% of its portfolio in Actuant Corporation (NYSE:ATU). Dimensional Fund L P has 0.02% invested in Actuant Corporation (NYSE:ATU) for 2.38 million shares. Southernsun Asset Management Limited Liability invested in 2.54M shares or 1.64% of the stock. Credit Suisse Ag reported 0% of its portfolio in Actuant Corporation (NYSE:ATU). Ameriprise Fincl reported 307,300 shares. Moreover, New York State Teachers Retirement Systems has 0% invested in Actuant Corporation (NYSE:ATU). 13,095 were reported by Landscape Management Ltd Limited Liability Company. Teacher Retirement Systems Of Texas holds 0% of its portfolio in Actuant Corporation (NYSE:ATU) for 20,383 shares. Southeastern Asset Mgmt Tn holds 5.90 million shares or 1.85% of its portfolio. Parallax Volatility Advisers Ltd Partnership holds 0% or 9,114 shares in its portfolio.

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. Stifel Nicolaus maintained Actuant Corporation (NYSE:ATU) rating on Thursday, March 22. Stifel Nicolaus has “Hold” rating and $25 target. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, March 21. The firm earned “Hold” rating on Thursday, January 25 by BMO Capital Markets. Robert W. Baird maintained the shares of ATU in report on Wednesday, March 21 with “Buy” rating. As per Wednesday, December 20, the company rating was maintained by RBC Capital Markets. KeyBanc Capital Markets maintained Actuant Corporation (NYSE:ATU) on Thursday, March 22 with “Overweight” rating. As per Wednesday, December 20, the company rating was maintained by BMO Capital Markets. The rating was maintained by BMO Capital Markets on Wednesday, March 21 with “Hold”.

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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