Enerpac Tool Group (NYSE:EPAC) Hits New 1-Year Low – Should You Sell?

Enerpac Tool Group Corp. (NYSE:EPAC)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $32.71 and last traded at $33.8490, with a volume of 257974 shares trading hands. The stock had previously closed at $33.13.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Wall Street Zen raised shares of Enerpac Tool Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Weiss Ratings lowered shares of Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Enerpac Tool Group currently has a consensus rating of “Hold” and a consensus target price of $51.00.

Enerpac Tool Group Stock Performance

The stock’s 50 day moving average price is $35.46 and its 200 day moving average price is $38.29. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.88 and a current ratio of 2.56. The company has a market capitalization of $1.78 billion, a P/E ratio of 21.57 and a beta of 0.89.

Enerpac Tool Group (NYSE:EPAC) last posted its quarterly earnings data on Wednesday, March 25th. The company reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. Enerpac Tool Group had a net margin of 13.69% and a return on equity of 22.25%. The company had revenue of $154.81 million for the quarter, compared to analyst estimates of $147.80 million. Enerpac Tool Group’s quarterly revenue was up 6.4% on a year-over-year basis. As a group, equities analysts expect that Enerpac Tool Group Corp. will post 1.89 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of EPAC. Fifth Third Bancorp lifted its position in shares of Enerpac Tool Group by 121.3% during the 3rd quarter. Fifth Third Bancorp now owns 874 shares of the company’s stock valued at $36,000 after acquiring an additional 479 shares during the period. Danske Bank A S acquired a new position in shares of Enerpac Tool Group during the 3rd quarter valued at $45,000. Kemnay Advisory Services Inc. acquired a new position in shares of Enerpac Tool Group during the 4th quarter valued at $47,000. Advisory Services Network LLC acquired a new position in shares of Enerpac Tool Group during the 3rd quarter valued at $61,000. Finally, Global Retirement Partners LLC acquired a new position in shares of Enerpac Tool Group during the 4th quarter valued at $78,000. Institutional investors and hedge funds 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.