Gardner Denver (NYSE:GDI) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “Gardner Denver Holdings, Inc. is a provider of mission-critical flow control and compression equipment and associated aftermarket parts, consumables and services. Its products and services consist of compressor, pump, vacuum and blower. Gardner Denver Holdings, Inc. is based in Milwaukee, United States. “

A number of other research firms also recently weighed in on GDI. ValuEngine downgraded shares of Gardner Denver from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. Piper Jaffray Companies reissued a “buy” rating and set a $34.00 target price on shares of Gardner Denver in a research report on Wednesday, February 20th. Robert W. Baird reissued a “buy” rating and set a $32.00 target price on shares of Gardner Denver in a research report on Wednesday, February 20th. Stifel Nicolaus reissued a “hold” rating and set a $25.00 target price on shares of Gardner Denver in a research report on Wednesday, February 20th. Finally, TD Securities reissued an “average” rating and set a $25.00 target price on shares of Gardner Denver in a research report on Monday, December 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $30.77.

Gardner Denver stock opened at $27.82 on Tuesday. Gardner Denver has a twelve month low of $18.70 and a twelve month high of $35.28. The company has a market cap of $5.61 billion, a PE ratio of 21.57 and a beta of 1.60. The company has a quick ratio of 1.35, a current ratio of 2.23 and a debt-to-equity ratio of 0.99.

Gardner Denver (NYSE:GDI) last released its earnings results on Tuesday, February 19th. The company reported $0.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.12. Gardner Denver had a net margin of 10.02% and a return on equity of 18.95%. The firm had revenue of $712.70 million during the quarter, compared to the consensus estimate of $726.41 million. Gardner Denver’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities analysts expect that Gardner Denver will post 1.32 EPS for the current fiscal year.

Hedge funds have recently made changes to their positions in the stock. Laurel Wealth Advisors LLC purchased a new stake in shares of Gardner Denver during the 4th quarter valued at approximately $47,000. American International Group Inc. lifted its stake in shares of Gardner Denver by 19.4% during the 4th quarter. American International Group Inc. now owns 2,553 shares of the company’s stock valued at $52,000 after buying an additional 414 shares in the last quarter. Tower Research Capital LLC TRC purchased a new stake in shares of Gardner Denver during the 3rd quarter valued at approximately $130,000. Public Employees Retirement Association of Colorado lifted its stake in shares of Gardner Denver by 17.5% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 4,611 shares of the company’s stock valued at $94,000 after buying an additional 688 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY lifted its stake in shares of Gardner Denver by 19.0% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 5,285 shares of the company’s stock valued at $108,000 after buying an additional 843 shares in the last quarter. Institutional investors own 96.99% of the company’s stock.

About Gardner Denver

Gardner Denver Holdings, Inc provides mission-critical flow control and compression equipment; and associated aftermarket parts, consumables, and services in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Industrials, Energy, and Medical.

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