Stock To Watch: Actuant Corporation (NYSE:ATU)


The leading market experts have placed a mean price target of $22.29 on Actuant Corporation (NYSE:ATU) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.29 a share for the upcoming quarter and $1.21 for the current fiscal. Technical View The technical analysis of Actuant Corporation Common Stoc plainly substantiates that the 50-day moving average of Actuant Corporation Common Stoc is $25.38, and stock is hovering -2.42 or -9.53% distant from $25.38. It is noted that the 200-day MA is $24.31, and Actuant Corporation Common Stoc stock is $-1.35 or -5.55% off from this point. Actuant Corporation (NYSE:ATU) 52-week high is $27.71 and the 52-week low is $17.02. This explains if the stock moves $-4.75, it will post a 52-week high. In event of $+34.90% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Actuant Corporation Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Actuant Corporation (NYSE:ATU) ratio came in at N/A. The stock last ended the trading session at $22.96 and registered a market cap of $1.35B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Actuant Corporation (NYSE:ATU) PEG ratio is at 4.79.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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