Actuant Corporation (ATU) Analysts See $0.14 EPS

March 15, 2018 - By reb123z

 Actuant Corporation (ATU) Analysts See $0.14 EPS
Investors sentiment decreased to 1.37 in 2017 Q3. Its down 0.35, from 1.72 in 2017Q2. It worsened, as 13 investors sold Actuant Corporation shares while 47 reduced holdings. 22 funds opened positions while 60 raised stakes. 62.75 million shares or 3.05% less from 64.72 million shares in 2017Q2 were reported.
Invesco holds 0% or 112,546 shares in its portfolio. Pacific Ridge Cap Ptnrs Lc reported 0.21% in Actuant Corporation (NYSE:ATU). Nationwide Fund holds 0% or 42,084 shares. Parametric Port Associate Limited Company has invested 0.01% in Actuant Corporation (NYSE:ATU). Moreover, Morgan Stanley has 0% invested in Actuant Corporation (NYSE:ATU) for 83,086 shares. Ls Invest Ltd Liability Company invested in 0% or 2,180 shares. Moreover, Pinebridge Invs Ltd Partnership has 0.04% invested in Actuant Corporation (NYSE:ATU). Barclays Plc accumulated 5,991 shares. Voya Invest Mgmt Ltd Liability Com holds 0.11% in Actuant Corporation (NYSE:ATU) or 2.07 million shares. Raymond James Na holds 0.03% in Actuant Corporation (NYSE:ATU) or 16,830 shares. Envestnet Asset reported 2,285 shares. Pnc Services Inc has 1,807 shares for 0% of their portfolio. Louisiana State Employees Retirement invested in 24,200 shares. Tower Cap Limited Company (Trc) holds 0.01% in Actuant Corporation (NYSE:ATU) or 2,651 shares. Raymond James And Assoc accumulated 0.03% or 620,138 shares.

Since September 28, 2017, it had 0 insider purchases, and 2 insider sales for $153,218 activity. 5,000 shares were sold by Wozniak Ted, worth $130,950.

Analysts expect Actuant Corporation (NYSE:ATU) to report $0.14 EPS on March, 21 before the open.They anticipate $0.03 EPS change or 27.27 % from last quarter’s $0.11 EPS. ATU’s profit would be $8.40M giving it 41.61 P/E if the $0.14 EPS is correct. After having $0.19 EPS previously, Actuant Corporation’s analysts see -26.32 % EPS growth. The stock decreased 1.27% or $0.3 during the last trading session, reaching $23.3. About 368,716 shares traded. Actuant Corporation (NYSE:ATU) has risen 0.16% since March 15, 2017 and is uptrending. It has underperformed by 16.54% the S&P500.

Actuant Corporation (NYSE:ATU) Ratings Coverage

Among 18 analysts covering Actuant (NYSE:ATU), 6 have Buy rating, 0 Sell and 12 Hold. Therefore 33% are positive. Actuant had 45 analyst reports since August 26, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of ATU in report on Sunday, August 20 with “Hold” rating. Gabelli upgraded the stock to “Buy” rating in Thursday, June 22 report. The firm earned “Sector Perform” rating on Friday, January 13 by RBC Capital Markets. Suntrust Robinson initiated Actuant Corporation (NYSE:ATU) on Tuesday, November 3 with “Buy” rating. RBC Capital Markets maintained Actuant Corporation (NYSE:ATU) on Tuesday, September 12 with “Hold” rating. Aegis Capital initiated it with “Buy” rating and $30 target in Friday, December 2 report. The stock of Actuant Corporation (NYSE:ATU) has “Hold” rating given on Wednesday, June 21 by BMO Capital Markets. The company was downgraded on Friday, October 7 by Wells Fargo. On Monday, November 14 the stock rating was upgraded by Robert W. Baird to “Outperform”. The firm earned “Hold” rating on Thursday, June 22 by Stifel Nicolaus.

Actuant Corporation designs, manufactures, and distributes a range of industrial products and systems worldwide. The company has market cap of $1.40 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.

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