Alert: New Earnings Report (3/20/24)-Enerpac Tool Group Corp (NYSE: EPAC).

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Enerpac Tool Group Corp (NYSE: EPAC) has reported E.P.S. of $0.33 for its second fiscal quarter (ending February 28) versus $0.13 for the same period a year ago. For the latest four quarters through February 28, E.P.S. were $1.38 compared to $0.49 a year ago.

Recent Price Action

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Enerpac Tool Group Corp (NYSE: EPAC) stock closed at $35.11 on 3/20/24 after an increase of 1.2%. Moreover, unusually high trading volume at 173% of normal accompanied the advance. The stock has risen 5.8% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

EPAC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

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 13 but a good Power Rating of 81, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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