Enerpac Tool Group Corp (NYSE: EPAC) has reported E.P.S. of $0.34 for its first fiscal quarter (ending November 30) versus $0.11 for the same period a year ago — an increase of 209%. Relative to the consensus estimate of $0.32, this was a premium of $0.02. For the latest four quarters through November 30, E.P.S. were $1.18 compared to $0.40 a year ago — an increase of 195%.
Recent Price Action
On 12/19/23, Enerpac Tool Group Corp (NYSE: EPAC) stock increased 1.8%, closing at $30.28. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, EPAC is expected to continue to be a major Value Builder.
Enerpac Tool Group has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Enerpac Tool Group has a very low Appreciation Score of 14 but a good Power Rating of 80, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Be the first to comment