Actuant Corporation (ATU) EPS Estimated At $0.18

Actuant Corporation (NYSE:ATU) Logo
Investors sentiment increased to 1.27 in 2019 Q2. Its up 0.17, from 1.1 in 2019Q1. It is positive, as 7 investors sold Actuant Corporation shares while 45 reduced holdings. 16 funds opened positions while 50 raised stakes. 62.27 million shares or 0.18% less from 62.39 million shares in 2019Q1 were reported.
Moreover, Jennison Associate Ltd Liability Corporation has 0.02% invested in Actuant Corporation (NYSE:ATU) for 774,181 shares. D E Shaw Com Incorporated reported 0% in Actuant Corporation (NYSE:ATU). Mutual Of America Capital Mgmt Limited Liability Com stated it has 2,202 shares or 0% of all its holdings. Legal General Public Limited reported 0% in Actuant Corporation (NYSE:ATU). Alliancebernstein Lp invested 0% of its portfolio in Actuant Corporation (NYSE:ATU). Dimensional Fund Advsrs L P invested in 2.38M shares. Great West Life Assurance Can reported 0% of its portfolio in Actuant Corporation (NYSE:ATU). Blair William & Il reported 10,160 shares. Jpmorgan Chase And Com accumulated 83,149 shares or 0% of the stock. Gamco Investors Et Al invested 0% of its portfolio in Actuant Corporation (NYSE:ATU). California Pub Employees Retirement Systems, a California-based fund reported 112,079 shares. Sg Americas Limited Co invested in 0.02% or 88,894 shares. Aperio Gru Limited Liability accumulated 18,519 shares. Prudential Fin reported 97,932 shares. Moreover, Geode Mgmt Ltd has 0% invested in Actuant Corporation (NYSE:ATU) for 729,381 shares.

Analysts expect Actuant Corporation (NYSE:ATU) to report $0.18 EPS on September, 25.They anticipate $0.21 EPS change or 53.85 % from last quarter’s $0.39 EPS. ATU’s profit would be $11.27M giving it 36.24 P/E if the $0.18 EPS is correct. After having $0.45 EPS previously, Actuant Corporation’s analysts see -60.00 % EPS growth. The stock increased 1.91% or $0.49 during the last trading session, reaching $26.09. About 353,252 shares traded or 16.49% up from the average. Actuant Corporation (NYSE:ATU) has declined 17.48% since September 12, 2018 and is downtrending. It has underperformed by 17.48% the S&P500.

Actuant Corporation (NYSE:ATU) Ratings Coverage

Among 3 analysts covering Actuant (NYSE:ATU), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Actuant has $23 highest and $1800 lowest target. $21.33’s average target is -18.24% below currents $26.09 stock price. Actuant had 5 analyst reports since March 22, 2019 according to SRatingsIntel. BMO Capital Markets maintained it with “Hold” rating and $23 target in Friday, March 22 report. The stock of Actuant Corporation (NYSE:ATU) has “Neutral” rating given on Tuesday, September 3 by Robert W. Baird. The company was downgraded on Wednesday, September 11 by JP Morgan.

Actuant Corporation designs, manufactures, and distributes a range of industrial products and systems worldwide. The company has market cap of $1.63 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.

More notable recent Actuant Corporation (NYSE:ATU) news were published by: Businesswire.com which released: “Actuant Schedules Third Quarter 2019 Earnings Conference Call – Business Wire” on June 07, 2019, also Benzinga.com with their article: “Actuant Q3 Earnings Preview – Benzinga” published on June 25, 2019, Businesswire.com published: “Actuant to Become Premier Industrial Tool Company – Business Wire” on January 24, 2019. More interesting news about Actuant Corporation (NYSE:ATU) were released by: Seekingalpha.com and their article: “Actuant Corporation 2019 Q3 – Results – Earnings Call Slides – Seeking Alpha” published on June 26, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For June 26, 2019 – Benzinga” with publication date: June 26, 2019.

Actuant Corporation (NYSE:ATU) Ratings Chart

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