News headlines about Actuant (NYSE:ATU) have been trending somewhat positive on Friday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Actuant earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 45.8608215124992 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of research analysts have issued reports on ATU shares. Zacks Investment Research lowered shares of Actuant from a “buy” rating to a “hold” rating in a research note on Friday, December 22nd. KeyCorp reissued a “buy” rating and set a $29.00 target price on shares of Actuant in a research note on Sunday, November 19th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $25.11.
Shares of Actuant (NYSE:ATU) opened at $23.35 on Friday. Actuant has a 52-week low of $21.60 and a 52-week high of $29.17. The company has a market cap of $1,398.18, a PE ratio of -21.04, a price-to-earnings-growth ratio of 2.33 and a beta of 1.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.35 and a current ratio of 1.80.
Actuant (NYSE:ATU) last released its quarterly earnings results on Wednesday, December 20th. The industrial products company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. Actuant had a negative net margin of 5.89% and a positive return on equity of 9.29%. The company had revenue of $289.00 million for the quarter, compared to the consensus estimate of $269.22 million. During the same period in the previous year, the firm earned $0.20 EPS. Actuant’s revenue was up 8.7% on a year-over-year basis. sell-side analysts anticipate that Actuant will post 1.07 earnings per share for the current fiscal year.
In other Actuant news, VP Ted Wozniak sold 6,000 shares of the business’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $25.66, for a total transaction of $153,960.00. Following the sale, the vice president now directly owns 70,705 shares in the company, valued at approximately $1,814,290.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is currently owned by insiders.
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Actuant Company Profile
Actuant Corporation designs, manufactures and distributes a range of industrial products and systems to various end markets. The Company operates through three segments: Industrial, Energy and Engineered Solutions. The Company’s 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.
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