Actuant Corporation (ATU) Analysts See $0.36 EPS

May 17, 2018 - By Christine Ryals

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.
283,153 were reported by Wells Fargo And Mn. Ironwood Investment Counsel Ltd Liability Com holds 14,750 shares. Cooke And Bieler Limited Partnership reported 679,410 shares. Tiaa Cref Inv Mgmt Llc has invested 0% of its portfolio in Actuant Corporation (NYSE:ATU). Landscape Limited Liability has 13,095 shares for 0.03% of their portfolio. Cna Financial reported 61,266 shares stake. Mason Street Advsr Lc reported 15,559 shares. Bank Of Montreal Can has 0% invested in Actuant Corporation (NYSE:ATU). New York-based Cramer Rosenthal Mcglynn Limited Company has invested 0.71% in Actuant Corporation (NYSE:ATU). Gamco Investors Et Al stated it has 0% in Actuant Corporation (NYSE:ATU). 45,385 were reported by Manufacturers Life Company The. Pnc Serv Grp has invested 0% in Actuant Corporation (NYSE:ATU). Florida-based Raymond James Na has invested 0.03% in Actuant Corporation (NYSE:ATU). Voya Invest Mngmt Ltd Liability Corporation invested in 0.11% or 2.16 million shares. Moreover, Hsbc Public Limited Co has 0% invested in Actuant Corporation (NYSE:ATU) for 10,156 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 firm has “Hold” rating by BMO Capital Markets given on Thursday, January 25. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Thursday, March 22 report. As per Wednesday, December 20, the company rating was maintained by RBC Capital Markets. The stock of Actuant Corporation (NYSE:ATU) earned “Buy” rating by Robert W. Baird on Wednesday, March 21. RBC Capital Markets maintained it with “Hold” rating and $24.0 target in Wednesday, March 21 report. The company was maintained on Wednesday, March 21 by BMO Capital Markets. On Wednesday, December 20 the stock rating was maintained by BMO Capital Markets with “Hold”. Stifel Nicolaus maintained the shares of ATU in report on Thursday, March 22 with “Hold” rating.

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: Prnewswire.com, which released: “Machinery Stocks on Investors’ Radar — Flowserve, Gardner Denver, Generac, and Actuant” on May 07, 2018. Businesswire.com‘s article titled: “Actuant Announces General Counsel Appointment” and published on May 07, 2018 is yet another important article.

Actuant Corporation (NYSE:ATU) Ratings Chart

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