Gardner Denver Holdings Inc (NYSE:GDI) has been assigned an average recommendation of “Buy” from the fourteen research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $32.83.
A number of research analysts have commented on the company. Zacks Investment Research downgraded Gardner Denver from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Stifel Nicolaus reaffirmed a “buy” rating and set a $38.00 target price (down previously from $41.00) on shares of Gardner Denver in a report on Tuesday, February 20th. UBS Group assumed coverage on Gardner Denver in a report on Tuesday, January 23rd. They set a “buy” rating and a $42.00 target price on the stock. Barclays assumed coverage on Gardner Denver in a report on Thursday, February 15th. They set an “equal weight” rating and a $35.00 target price on the stock. Finally, Johnson Rice assumed coverage on Gardner Denver in a report on Tuesday, January 30th. They set an “accumulate” rating and a $40.00 target price on the stock.
Shares of Gardner Denver (NYSE:GDI) traded down $0.30 during midday trading on Friday, reaching $32.66. The company’s stock had a trading volume of 579,436 shares, compared to its average volume of 719,044. Gardner Denver has a 12-month low of $19.91 and a 12-month high of $38.00. The company has a current ratio of 2.61, a quick ratio of 1.72 and a debt-to-equity ratio of 1.37. The firm has a market cap of $6,460.00 and a price-to-earnings ratio of -326.60.
Gardner Denver (NYSE:GDI) last issued its quarterly earnings data on Thursday, February 15th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.28. The business had revenue of $665.00 million for the quarter, compared to analyst estimates of $654.94 million. equities analysts anticipate that Gardner Denver will post 1.26 EPS for the current year.
A number of large investors have recently added to or reduced their stakes in the business. Advisor Group Inc. lifted its holdings in shares of Gardner Denver by 145.5% in the 3rd quarter. Advisor Group Inc. now owns 5,837 shares of the company’s stock worth $160,000 after purchasing an additional 3,459 shares during the last quarter. Metropolitan Life Insurance Co. NY lifted its holdings in shares of Gardner Denver by 50.2% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 4,850 shares of the company’s stock worth $165,000 after purchasing an additional 1,620 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Gardner Denver in the 4th quarter worth approximately $171,000. State of Alaska Department of Revenue bought a new stake in shares of Gardner Denver in the 4th quarter worth approximately $176,000. Finally, Comerica Bank bought a new stake in shares of Gardner Denver in the 4th quarter worth approximately $208,000.
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About Gardner Denver
Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.
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