For its third fiscal quarter (ending May 31), Enerpac Tool Group Corp (NYSE: EPAC) has reported E.P.S. of $0.42 compared to $0.30 a year ago. For the latest four quarters through May 31, E.P.S. were $1.49 compared to $0.72 a year ago.
Recent Price Action
Enerpac Tool Group Corp (NYSE: EPAC) stock rose slightly by 0.3% on 6/24/24. The stock closed at $38.60. Moreover, exceptionally high trading volume at 350% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged 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 (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Enerpac Tool Group has a very low Appreciation Score of 13 but a good Power Rating of 84, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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