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Actuant Earnings Preview For Wednesday's Release

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Actuant Corp (ATU)

Background: Actuant, headquartered in Milwaukee, Wisconsin, is a diversified industrial company with operations in 15 countries. Actuant offers products under such established brand names as Enerpac, Gardner Bender, Milwaukee Cylinder, Nielsen Sessions, Power-Packer, and Power Gear.

Investors are looking forward to improving third-quarter earnings before the market opens on June 19, 2013 The consensus opinion is presently 65 cents a share, a progression of five cents (7.7%) from 60 cents during the corresponding period last year. Estimates from analysts range from a low of 55 cents per share, up to the highest estimate of 68 cents per share.

This stock currently has an annualized dividend of 4 cents, yielding 0.1%.

Analyst opinion is mixed with this company. Most of the analysts surveyed don't believe a buy or a sell is currently warranted. Right now, Actuant has 6 buy recommendations out of 13 analysts covering the company, 7 holds, and no analysts recommend selling. New investors from a year ago are happy, and smarter than some analysts rating this company a hold. The shares have move higher 28% over the last 52 weeks. Analysts are calling for a price target of $33.56.
 

Short interest over 10% should give pause to investors looking at this company. The current percentage of the float short is 12.6%.

 

 

(ATU)

(KMT)

(PH)

Strong Buy

3

3

5

Moderate Buy

3

4

4

Hold

7

7

7

Avg Analyst Price Target

$33.56

$44.09

$99.33

Revenue

$1.59 billion

$2.60 billion

$13.08 billion

Est Low EPS

0.55

0.69

1.90

Est High EPS

0.68

0.86

2.11

1 Year Stock Price Change

31.56%

22.70%

22.47%

 

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Stock Tickers: ATU KMT PH Author Disclosure: n/a
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