Analyst Ratings for Actuant Corp. Cl A (ATU)

Updated: 2017-07-27

Actuant Corp. Cl A (NYSE:ATU) was awarded an average rating of Overweight from investment analysts following the stock. ATU had previously received a consensus rating of Overweight a month ago.

2 analysts declared ATU a buy, 1 gave an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has decreased by 2.

Investment analysts gave a few price targets for ATU. The highest price target was 28, implying potential capital gains of 17.15 percent. The most pessimistic analyst gave a price target of 21, which equates to a potential downside of -12.13 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -47.5 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -24.11 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of ATU to grow at a rate of 4.29 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. ATU has a PEG ratio of 6.79.

In the trailing 52-weeks, ATU hit 29.80 at the highest peak, while it's lowest trading point was 20.54. Currently the stock is 16.36 percent higher than its low, and below the high by 19.8 percent. ATU has a P/E ratio of 29.15. Investors typically compare the P/E ratio to a company's peers in the industry. The ATU value stock report compares ATU to some of its peers using value stock charts. The market cap of ATU is $1.42 billion. ATU's next earnings release will be on 0000-00-00, which is days away.