Enerpac Tool Group Corp. (NYSE:EPAC) Receives Average Rating of “Hold” from Brokerages

Shares of Enerpac Tool Group Corp. (NYSE:EPAC) have been given an average rating of “Hold” by the five analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $52.00.

A number of research firms have recently issued reports on EPAC. William Blair started coverage on Enerpac Tool Group in a research note on Friday, January 16th. They issued a “market perform” rating for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Enerpac Tool Group in a report on Monday, December 29th. Wall Street Zen lowered shares of Enerpac Tool Group from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Finally, Roth Mkm set a $51.00 price target on Enerpac Tool Group and gave the stock a “buy” rating in a research report on Monday, October 20th.

Enerpac Tool Group Price Performance

Shares of NYSE EPAC opened at $42.41 on Tuesday. Enerpac Tool Group has a one year low of $35.01 and a one year high of $47.47. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.14 and a current ratio of 2.83. The firm has a market capitalization of $2.24 billion, a P/E ratio of 25.40 and a beta of 0.99. The company’s fifty day moving average is $39.80 and its two-hundred day moving average is $40.36.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings data on Wednesday, December 17th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.01). The business had revenue of $144.21 million during the quarter, compared to analysts’ expectations of $146.45 million. Enerpac Tool Group had a return on equity of 22.46% and a net margin of 14.64%.During the same quarter in the prior year, the firm earned $0.40 earnings per share. Analysts forecast that Enerpac Tool Group will post 1.78 EPS for the current fiscal year.

Hedge Funds Weigh In On Enerpac Tool Group

Institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC grew its holdings in shares of Enerpac Tool Group by 29.5% during the 1st quarter. AQR Capital Management LLC now owns 27,208 shares of the company’s stock valued at $1,221,000 after acquiring an additional 6,203 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Enerpac Tool Group by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,370 shares of the company’s stock worth $1,452,000 after purchasing an additional 1,425 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Enerpac Tool Group by 24.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 217,195 shares of the company’s stock worth $9,743,000 after buying an additional 42,835 shares during the last quarter. Jane Street Group LLC boosted its holdings in Enerpac Tool Group by 32.8% in the 1st quarter. Jane Street Group LLC now owns 131,506 shares of the company’s stock valued at $5,899,000 after purchasing an additional 32,491 shares during the period. Finally, US Bancorp DE lifted its stake in shares of Enerpac Tool Group by 15.0% in the second quarter. US Bancorp DE now owns 15,993 shares of the company’s stock valued at $649,000 after buying an additional 2,083 shares during the period. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Company Profile

Enerpac Tool Group Corp. (NYSE: EPAC) is a global provider of high-pressure hydraulic tools, controlled force products and precision positioning equipment. The company’s products and solutions enable customers in manufacturing, energy, infrastructure, transportation and construction to lift, move, position and secure heavy loads with safety and accuracy. Enerpac’s core portfolio includes hydraulic pumps, cylinders, torque wrenches, torque multipliers, flange spreaders, tensioners and portable bolting tools, complemented by electric and pneumatic tools for a wide range of industrial applications.

In addition to its extensive product lines, Enerpac offers integrated systems and services such as engineered lifting solutions, custom skidding and spreader beam assemblies, mobile bolting units and digital monitoring platforms.