Anticipated $0.36 EPS for Actuant Corporation (ATU) as of June, 20

May 17, 2018 - By Margaret Guttierez

Actuant Corporation (NYSE:ATU) Corporate Logo
Big Money Sentiment decreased to 1.29 in Q4 2017. It has change of 0.08, from 2017Q3’s 1.37. The ratio dived due to Actuant Corporation positioning: 21 sold and 38 reduced. 19 funds amassed positions and 57 increased positions. Investors holded 62.75 million in 2017Q3 but now own 64.66 million shares or 3.05% more.
Oppenheimer Asset Mngmt holds 0.01% of its capital in Actuant Corporation (NYSE:ATU) for 16,733 shs. Ameriprise Finance reported 0% stake. Pub Sector Pension Investment Board invested 0.01% in Actuant Corporation (NYSE:ATU). Manufacturers Life Insurance Company The invested in 0% or 45,385 shs. Pzena Invest Mngmt Lc invested in 4.27M shs or 0.53% of the stock. Dimensional Fund L P, Texas-based fund reported 2.38M shs. Riverhead Capital Mngmt Ltd Liability Corporation owns 5,154 shs. Goldman Sachs, New York-based fund reported 184,347 shs. First Midwest National Bank & Trust Trust Division reported 11,641 shs. Oppenheimer has 0.04% invested in Actuant Corporation (NYSE:ATU) for 59,057 shs. Great West Life Assurance Can has 81,818 shs for 0% of their capital. Credit Suisse Ag, Switzerland-based fund reported 60,515 shs. Vanguard Grp Incorporated Inc holds 5.45 million shs. Ny State Teachers Retirement Sys has invested 0% in Actuant Corporation (NYSE:ATU). Elk Creek Prtn Limited Liability Company holds 0.63% or 420,726 shs in its capital.

On June, 20 WallStreet expected Actuant Corporation (NYSE:ATU)’s earnings report, as reported by Faxor. Analysts predict $0.36 EPS, which is $0.04 up or 12.50 % from 2017’s $0.32 EPS. If reported the P/E will be 16.98 with $21.85M profit. After $0.13 EPS report last quarter, Wall Street now predicts 176.92 % EPS growth of Actuant Corporation. ATU reached $24.45 during the last trading session after $0.2 change.Currently Actuant Corporation is downtrending after 9.76% change in last May 17, 2017. ATU has 321,386 shares volume. The stock underperformed the S&P500 by 21.31%.

Actuant Corporation (NYSE:ATU) Ratings Coverage

Total analysts of 5 have positions in Actuant (NYSE:ATU) as follows: 2 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 40%. Since December 20, 2017 according to StockzIntelligence Inc Actuant has 8 analyst reports. On Thursday, January 25 the stock of Actuant Corporation (NYSE:ATU) has “Hold” rating given by BMO Capital Markets. On Wednesday, December 20 the stock has “Hold” rating by BMO Capital Markets. On Wednesday, March 21 the stock of Actuant Corporation (NYSE:ATU) earned “Hold” rating by RBC Capital Markets. In Wednesday, December 20 report RBC Capital Markets maintained it with “Hold” rating and $26.0 target. On Thursday, March 22 Stifel Nicolaus maintained Actuant Corporation (NYSE:ATU) rating. Stifel Nicolaus has “Hold” rating and $25 target. On Wednesday, March 21 the firm has “Buy” rating by Robert W. Baird given. On Wednesday, March 21 the stock of Actuant Corporation (NYSE:ATU) has “Hold” rating given by BMO Capital Markets. On Thursday, March 22 the rating was maintained by KeyBanc Capital Markets with “Overweight”.

Actuant Corporation designs, manufactures, and distributes a range of industrial products and systems worldwide.The company has $1.48 billion market cap. It operates through three divisions: Industrial, Energy, and Engineered Solutions.Currently it 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.

Another two news for Actuant Corporation (NYSE:ATU) were briefly brought out by: Businesswire.com on May 07, 2018 with title “Actuant Announces General Counsel Appointment”. The other Prnewswire.com‘s article was titled “Machinery Stocks on Investors’ Radar — Flowserve, Gardner Denver, Generac, and Actuant” and brought out on May 07, 2018.

Actuant Corporation (NYSE:ATU) Analyst Ratings Chart

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