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

by · The Cerbat Gem

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

Several other research analysts have also recently commented on the stock. Roth Capital reiterated a “buy” rating and set a $50.00 price target on shares of Enerpac Tool Group in a report on Thursday, July 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enerpac Tool Group in a research report on Friday, August 14th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Enerpac Tool Group presently has a consensus rating of “Hold” and a consensus target price of $50.00.

Get Our Latest Research Report on Enerpac Tool Group

Enerpac Tool Group Trading Down 1.7%

Shares of EPAC stock opened at $36.41 on Tuesday. The stock has a market capitalization of $1.86 billion, a P/E ratio of 20.57 and a beta of 0.87. 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 debt-to-equity ratio of 0.41, a quick ratio of 2.04 and a current ratio of 2.67. The company has a 50 day moving average price of $36.16 and a 200 day moving average price of $36.02.

Enerpac Tool Group (NYSE:EPAC – Get Free Report) last posted its quarterly earnings results on Wednesday, July 8th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.49 by $0.11. Enerpac Tool Group had a net margin of 14.72% and a return on equity of 23.21%. The business had revenue of $167.55 million during the quarter, compared to the consensus estimate of $165.60 million. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. Enerpac Tool Group has set its FY 2026 guidance at 1.840-1.890 EPS. Equities research analysts predict that Enerpac Tool Group will post 1.87 EPS for the current fiscal year.

Hedge Funds Weigh In On Enerpac Tool Group

Several institutional investors have recently bought and sold shares of the company. Nykredit A S purchased a new stake in shares of Enerpac Tool Group in the second quarter valued at about $31,000. Integrated Wealth Concepts LLC acquired a new position in Enerpac Tool Group during the 2nd quarter worth approximately $34,000. Danske Bank A S acquired a new stake in shares of Enerpac Tool Group in the 3rd quarter valued at approximately $45,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Enerpac Tool Group in the fourth quarter valued at approximately $47,000. Finally, Advisory Services Network LLC purchased a new position in Enerpac Tool Group in the third quarter worth $61,000. 97.70% of the stock is owned by institutional investors and hedge funds.

About Enerpac Tool Group

(Get Free Report)

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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