$0.14 EPS Expected for Actuant Corporation (ATU)
March 12, 2018 – By Peter Erickson
Investors sentiment decreased to 1.37 in 2017 Q3. Its down 0.35, from 1.72 in 2017Q2. It turned negative, 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.
Moreover, Ig Inv Mngmt Limited has 0.01% invested in Actuant Corporation (NYSE:ATU). Raymond James Tru Na accumulated 16,830 shares. Southeastern Asset Mngmt Inc Tn stated it has 5.90 million shares or 1.82% of all its holdings. Federated Investors Inc Pa reported 0% stake. Voya Investment Ltd Llc owns 0.11% invested in Actuant Corporation (NYSE:ATU) for 2.07M shares. Leucadia Natl holds 0.03% or 14,292 shares in its portfolio. Parkside Commercial Bank Trust has 0% invested in Actuant Corporation (NYSE:ATU). Gamco Investors Inc Et Al holds 14,000 shares. Ameritas Inv owns 5,076 shares. Moreover, Mountain Lake Inv Mgmt Lc has 1.97% invested in Actuant Corporation (NYSE:ATU). Pacific Ridge Capital Prtnrs Limited Liability, Oregon-based fund reported 29,220 shares. Citadel Advsrs Limited Liability Corp reported 92,618 shares. Nationwide Fund Advsr has invested 0% in Actuant Corporation (NYSE:ATU). Vanguard Grp Inc holds 5.31 million shares. Barclays Public Limited has 5,991 shares for 0% of their portfolio.
Since September 28, 2017, it had 0 insider buys, and 2 selling transactions for $153,218 activity. 5,000 shares were sold by Wozniak Ted, worth $130,950 on Tuesday, October 10.
Analysts expect Actuant Corporation (NYSE:ATU) to report $0.14 EPS on March, 28.They anticipate $0.03 EPS change or 27.27 % from last quarter’s $0.11 EPS. ATU’s profit would be $8.40 million giving it 42.24 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 1.03% or $0.245 during the last trading session, reaching $23.655. About 178,433 shares traded. Actuant Corporation (NYSE:ATU) has risen 0.16% since March 12, 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. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, September 12. Zacks downgraded Actuant Corporation (NYSE:ATU) on Wednesday, August 26 to “Hold” rating. The stock of Actuant Corporation (NYSE:ATU) earned “Hold” rating by BMO Capital Markets on Thursday, January 25. The firm earned “Hold” rating on Tuesday, October 24 by RBC Capital Markets. The stock of Actuant Corporation (NYSE:ATU) earned “Speculative Buy” rating by Acumen Capital on Friday, December 18. J.P. Morgan upgraded Actuant Corporation (NYSE:ATU) rating on Wednesday, June 21. J.P. Morgan has “Hold” rating and $2100 target. Suntrust Robinson initiated Actuant Corporation (NYSE:ATU) on Tuesday, November 3 with “Buy” rating. The firm has “Market Perform” rating given on Friday, August 18 by BMO Capital Markets. BMO Capital Markets maintained Actuant Corporation (NYSE:ATU) on Wednesday, December 20 with “Hold” rating. On Tuesday, November 3 the stock rating was initiated by SunTrust with “Buy”.
Actuant Corporation designs, manufactures, and distributes a range of industrial products and systems worldwide. The company has market cap of $1.42 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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