Stock To Watch: Actuant Corporation (NYSE:ATU)


The leading market experts have placed a mean price target of $22.57 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 $1.22 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 $23.69, and stock is trading $0.74 points away or +3.11% from its 50-day moving average of $23.69. Further it is trading $-0.08 or -0.32% away its 200-day moving average of $24.51. Actuant Corporation (NYSE:ATU) 52-week high is $27.71 and the 52-week low is $17.02.

This explains if the stock moves $-3.28, it will post a 52-week high. In event of +43.54% 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 $24.43 and registered a market cap of $1.44B. 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 5.13.

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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