CJS Securities initiated coverage on shares of Enerpac Tool Group (NYSE:EPAC – Get Free Report) in a report released on Friday,Benzinga reports. The firm set an “outperform” rating and a $53.00 price target on the stock. CJS Securities’ price objective points to a potential upside of 21.25% from the stock’s previous close.
Enerpac Tool Group Stock Performance
NYSE:EPAC traded up $1.17 during trading hours on Friday, reaching $43.71. The company had a trading volume of 81,419 shares, compared to its average volume of 317,905. The firm’s 50 day moving average price is $44.43 and its 200-day moving average price is $44.35. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 26.65 and a beta of 1.18. The company has a current ratio of 2.92, a quick ratio of 2.24 and a debt-to-equity ratio of 0.47. Enerpac Tool Group has a 52 week low of $32.28 and a 52 week high of $51.91.
Enerpac Tool Group (NYSE:EPAC – Get Free Report) last announced its earnings results on Wednesday, December 18th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. On average, analysts forecast that Enerpac Tool Group will post 1.78 EPS for the current year.
Institutional Investors Weigh In On Enerpac Tool Group
Enerpac Tool Group Company Profile
Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.
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