Enerpac Tool Group (NYSE:EPAC) Hits New 52-Week High at $35.96

Enerpac Tool Group Corp. (NYSE:EPAC - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as $35.96 and last traded at $35.96, with a volume of 79427 shares changing hands. The stock had previously closed at $35.24.

Enerpac Tool Group Price Performance

The company has a fifty day moving average price of $34.28 and a two-hundred day moving average price of $31.08. The company has a current ratio of 3.11, a quick ratio of 2.41 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $1.96 billion, a PE ratio of 28.38 and a beta of 1.21.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last posted its quarterly earnings data on Thursday, March 21st. The company reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36. The firm had revenue of $138.44 million during the quarter, compared to the consensus estimate of $141.10 million. Enerpac Tool Group had a return on equity of 26.38% and a net margin of 11.75%. During the same period in the prior year, the business earned $0.35 EPS. Sell-side analysts forecast that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current year.

Institutional Trading of Enerpac Tool Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC increased its position in Enerpac Tool Group by 2.0% during the 3rd quarter. Los Angeles Capital Management LLC now owns 18,385 shares of the company's stock worth $486,000 after purchasing an additional 362 shares during the period. Moody National Bank Trust Division increased its position in Enerpac Tool Group by 3.4% during the 4th quarter. Moody National Bank Trust Division now owns 13,467 shares of the company's stock worth $419,000 after purchasing an additional 437 shares during the period. GAMMA Investing LLC increased its position in Enerpac Tool Group by 90.1% during the 1st quarter. GAMMA Investing LLC now owns 937 shares of the company's stock worth $33,000 after purchasing an additional 444 shares during the period. SkyView Investment Advisors LLC increased its position in Enerpac Tool Group by 3.1% during the 3rd quarter. SkyView Investment Advisors LLC now owns 14,946 shares of the company's stock worth $395,000 after purchasing an additional 451 shares during the period. Finally, Howe & Rusling Inc. increased its position in Enerpac Tool Group by 5.3% during the 3rd quarter. Howe & Rusling Inc. now owns 14,245 shares of the company's stock worth $376,000 after purchasing an additional 721 shares during the period. 97.70% of the stock is owned by hedge funds and other institutional investors.

Enerpac Tool Group Company Profile

Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.