Zacks Research Upgrades Enerpac Tool Group (NYSE:EPAC) to Hold

Key Points

• Zacks Research upgraded Enerpac Tool Group from “strong sell” to “hold,” while analysts overall maintain a consensus “Hold” rating with a $50 price target.
• Enerpac shares opened at $36.41 and were trading near their 50- and 200-day moving averages; the stock has a 52-week range of $32.35 to $45.00 and a market capitalization of approximately $1.86 billion.
• The company exceeded quarterly expectations, reporting $0.60 in EPS versus a $0.49 estimate and $167.55 million in revenue, up 5.7% year over year. Institutional investors own approximately 97.7% of the company’s shares.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) was upgraded by investment analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a note issued to investors on Tuesday, Zacks reports.

Other equities analysts also recently issued research reports about the stock. Roth Capital reissued a "buy" rating and issued a $50.00 target price on shares of Enerpac Tool Group in a report on Thursday, July 9th. Weiss Ratings reiterated a "hold (c)" rating on shares of Enerpac Tool Group in a report on Friday, August 14th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $50.00.

Enerpac Tool Group Trading Down 1.7%

Shares of Enerpac Tool Group stock opened at $36.41 on Tuesday. The company has a fifty day moving average of $36.16 and a 200 day moving average of $36.02. Enerpac Tool Group has a fifty-two week low of $32.35 and a fifty-two week high of $45.00. The company has a market capitalization of $1.86 billion, a P/E ratio of 20.57 and a beta of 0.87. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.04 and a current ratio of 2.67.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last released its earnings results on Wednesday, July 8th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.11. Enerpac Tool Group had a return on equity of 23.21% and a net margin of 14.72%.The firm had revenue of $167.55 million during the quarter, compared to analysts' expectations of $165.60 million. The business's quarterly revenue was up 5.7% compared to the same quarter last year. Enerpac Tool Group has set its FY 2026 guidance at 1.840-1.890 EPS. On average, sell-side analysts anticipate that Enerpac Tool Group will post 1.87 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Nykredit A S purchased a new stake in Enerpac Tool Group during the second quarter valued at approximately $31,000. Integrated Wealth Concepts LLC purchased a new position in shares of Enerpac Tool Group in the 2nd quarter worth approximately $34,000. Danske Bank A S purchased a new position in shares of Enerpac Tool Group in the 3rd quarter worth approximately $45,000. Kemnay Advisory Services Inc. bought a new position in shares of Enerpac Tool Group during the 4th quarter valued at approximately $47,000. Finally, Advisory Services Network LLC bought a new position in shares of Enerpac Tool Group during the 3rd quarter valued at approximately $61,000. Hedge funds and other institutional investors own 97.70% of the company's stock.

Enerpac Tool Group Company Profile

Enerpac Tool Group Corp. NYSE: EPAC is a global provider of high-pressure hydraulic tools, controlled force products and precision positioning equipment. The company's products and solutions enable customers in manufacturing, energy, infrastructure, transportation and construction to lift, move, position and secure heavy loads with safety and accuracy. Enerpac's core portfolio includes hydraulic pumps, cylinders, torque wrenches, torque multipliers, flange spreaders, tensioners and portable bolting tools, complemented by electric and pneumatic tools for a wide range of industrial applications.

In addition to its extensive product lines, Enerpac offers integrated systems and services such as engineered lifting solutions, custom skidding and spreader beam assemblies, mobile bolting units and digital monitoring platforms.

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