Brokerages expect Enerpac Tool Group Corp. (NYSE:EPAC) to announce $0.13 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Enerpac Tool Group’s earnings, with estimates ranging from $0.10 to $0.15. Enerpac Tool Group reported earnings of $0.06 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 116.7%. The business is expected to report its next earnings report on Wednesday, March 23rd.
According to Zacks, analysts expect that Enerpac Tool Group will report full-year earnings of $0.95 per share for the current financial year, with EPS estimates ranging from $0.93 to $0.96. For the next fiscal year, analysts forecast that the firm will post earnings of $1.12 per share, with EPS estimates ranging from $1.08 to $1.15. Zacks’ earnings per share averages are an average based on a survey of research firms that that provide coverage for Enerpac Tool Group.
Enerpac Tool Group (NYSE:EPAC) last posted its earnings results on Tuesday, December 21st. The company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.21 by ($0.05). Enerpac Tool Group had a return on equity of 10.48% and a net margin of 6.71%. The business had revenue of $130.90 million for the quarter, compared to the consensus estimate of $141.24 million. During the same period in the previous year, the firm earned $0.09 earnings per share. The company’s revenue was up 9.6% compared to the same quarter last year.
Shares of NYSE:EPAC traded down $0.14 during trading on Friday, reaching $20.11. The stock had a trading volume of 396 shares, compared to its average volume of 230,094. The firm’s fifty day moving average is $21.62 and its 200 day moving average is $23.31. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.11 and a current ratio of 2.74. Enerpac Tool Group has a 52 week low of $18.69 and a 52 week high of $28.84. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 33.52 and a beta of 1.41.
In related news, Director E James Ferland, Jr. bought 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 26th. The shares were bought at an average price of $20.26 per share, for a total transaction of $40,520.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.41% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. CWM Advisors LLC raised its holdings in Enerpac Tool Group by 3.1% during the second quarter. CWM Advisors LLC now owns 16,170 shares of the company’s stock worth $430,000 after buying an additional 490 shares during the last quarter. Mutual of America Capital Management LLC raised its holdings in Enerpac Tool Group by 6.9% during the second quarter. Mutual of America Capital Management LLC now owns 8,547 shares of the company’s stock worth $228,000 after buying an additional 552 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Enerpac Tool Group by 4.6% in the third quarter. Victory Capital Management Inc. now owns 18,624 shares of the company’s stock valued at $386,000 after purchasing an additional 822 shares during the last quarter. Swiss National Bank raised its holdings in shares of Enerpac Tool Group by 0.7% in the third quarter. Swiss National Bank now owns 132,900 shares of the company’s stock valued at $2,755,000 after purchasing an additional 900 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its holdings in shares of Enerpac Tool Group by 1.1% in the second quarter. Parametric Portfolio Associates LLC now owns 145,355 shares of the company’s stock valued at $3,869,000 after purchasing an additional 1,648 shares during the last quarter. Hedge funds and other institutional investors own 97.76% of the company’s stock.
About Enerpac Tool Group
Enerpac Tool Group Corp. is a diversified industrial company. The firm engages in the designing, manufacturing, and distribution of industrial products and systems to various end markets. It operates through the following segments: Industrial Tools and Services; and Other. The Industrial Tools and Services segment supplies both products and services to a broad array of end markets, including industrial, energy, mining and production automation markets.
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