Actuant's (ATU) fourth-quarter fiscal 2019 results benefit from lower interest rate and favorable tax rates, while suffers from weak sales and operating profits.
Robert W. Baird analyst Mircea Dobre maintained a Hold rating on Actuant (ATU – Research Report) today and set a price target of $22.00. The company’s shares closed last Monday at $21.83. According to TipRanks.com, Dobre is a 3-star analyst with an average return of 1.0% and a 48.1% success rate. Dobre covers the Industrial
ATU earnings call for the period ending August 31, 2019.
MRNS – MRNS leads the way today as the best performing small cap stock, closing up 23.36%.
Find out which of these companies suffered from troubling earnings trends.
Gainers: Tecogen (NASDAQ:TGEN) +9%. Vertex Energy (NASDAQ:VTNR) +6%.Losers: Actuant (NYSE:ATU) -13%. AAR (NYSE:AIR) -7%. Ballard Power Systems (NASDAQ:BLDP) -6%.
Actuant falls sharply Thursday after the company's fiscal fourth-quarter earnings beat Wall Street expectations but revenue fell short.
Actuant (ATU -13.9%) reported Q4 net sales of $158M (-4.9% Y/Y); core sales declined by 3% Y/Y due to planned strategic exits and softening in certain markets and geographies.Industrial Tools & Se
Actuant (ATU) delivered earnings and revenue surprises of 16.67% and -6.15%, respectively, for the quarter ended August 2019. Do the numbers hold clues to what lies ahead for the stock?
Actuant (NYSE:ATU): Q4 Non-GAAP EPS of $0.21 beats by $0.03; GAAP EPS of -$0.01 beats by $3.06.Revenue of $158.3M (-4.9% Y/Y) misses by $10.27M.Press Release
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Investors in Actuant Corp (ATU) saw new options become available this week, for the May 2020 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 233 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration..
Actuant Corporation (NYSE:ATU) announced the adoption of its new business name 'Enerpac Tool Group' and to begin trading under a new NYSE ticker symbol, EPAC, on Monday, October 7, 2019. The company
Actuant Corp. said Monday it will change its business name to Enerpac Tool Group, as the expected divestiture of its engineered components and systems...
Actuant (ATU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Actuant (ATU -2.8%) slides after analysts at both KeyBanc and Gabelli downgrade shares to Hold equivalent ratings.KeyBanc analyst Jeffrey Hammond says he appreciates the logic behind ATU's near-comple
Agco (AGCO +1.9%) and Oshkosh (OSK +1.4%) are upgraded to Overweight from Neutral at J.P. Morgan, as the U.S. machinery sector still lags the broader market YTD but has outperformed since Labor Day am
Kennametal (KMT) suffers from restructuring charges, forex-related woes and challenging end-market conditions.
In trading on Thursday, shares of Actuant Corp (ATU) crossed above their 200 day moving average of $23.51, changing hands as high as $23.57 per share. Actuant Corp shares are currently trading up about 5.8% on the day..
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
Global uncertainties, strained trade relations, weakness in industrial production and forex woes adversely impact industrial tool makers. Favorable policy changes and development activities are positives.
Yesterday, a Director at Actuant (ATU – Research Report), Holly Van-Deursen, sold shares of ATU for $34.92K. Following Holly Van-Deursen’s last ATU Sell transaction on January 26, 2009, the stock climbed by 5.1%. See today’s analyst top recommended stocks >> The company has a one-year high of $31 and a one-year low of $19.07. Currently,
In trading on Friday, shares of Actuant Corp (ATU) crossed above their 200 day moving average of $24.47, changing hands as high as $24.55 per share. Actuant Corp shares are currently trading up about 2.2% on the day..
Shares of Altura Energy (ATU) were revisited by a Wall Street analyst today. The company received a Buy rating from GMP FirstEnergy's analyst Robert
Gainers: NoneLosers: Cemtrex (NASDAQ:CETX) -18%. AeroVironment (NASDAQ:AVAV) -6%. Ultralife (NASDAQ:ULBI) -5%. Actuant (NYSE:ATU) -5%.