Enerpac Tool Group (EPAC) Scheduled to Post Earnings on Wednesday

Posted by Defense World Staff on Jun 14th, 2023

Enerpac Tool Group (NYSE:EPAC – Get Rating) will be posting its quarterly earnings results after the market closes on Wednesday, June 21st. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Enerpac Tool Group (NYSE:EPAC – Get Rating) last posted its quarterly earnings results on Tuesday, March 21st. The company reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $141.96 million for the quarter. Enerpac Tool Group had a net margin of 4.23% and a return on equity of 20.08%.

Enerpac Tool Group Stock Performance

Enerpac Tool Group stock opened at $27.21 on Wednesday. The firm’s 50 day simple moving average is $24.98 and its 200 day simple moving average is $25.52. The company has a current ratio of 2.48, a quick ratio of 1.82 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $1.56 billion, a PE ratio of 63.28 and a beta of 1.35. Enerpac Tool Group has a 1-year low of $16.09 and a 1-year high of $28.57.

Analyst Ratings Changes

Separately, TheStreet raised shares of Enerpac Tool Group from a “c” rating to a “b-” rating in a report on Tuesday, March 21st.

Hedge Funds Weigh In On Enerpac Tool Group

A number of institutional investors have recently made changes to their positions in EPAC. Bank of New York Mellon Corp increased its holdings in shares of Enerpac Tool Group by 1.6% in the 1st quarter. Bank of New York Mellon Corp now owns 590,340 shares of the company’s stock worth $12,922,000 after buying an additional 9,287 shares during the last quarter. US Bancorp DE increased its holdings in shares of Enerpac Tool Group by 808.7% in the 1st quarter. US Bancorp DE now owns 1,563 shares of the company’s stock worth $34,000 after buying an additional 1,391 shares during the last quarter. Citigroup Inc. increased its holdings in shares of Enerpac Tool Group by 11.4% in the 1st quarter. Citigroup Inc. now owns 51,935 shares of the company’s stock worth $1,137,000 after buying an additional 5,316 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Enerpac Tool Group by 183.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,936 shares of the company’s stock worth $64,000 after buying an additional 1,902 shares during the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of Enerpac Tool Group by 4.0% in the 1st quarter. Bank of Montreal Can now owns 21,040 shares of the company’s stock worth $455,000 after buying an additional 809 shares during the last quarter. Institutional investors own 97.96% of the company’s stock.

Enerpac Tool Group Company Profile

(Get Rating)

Enerpac Tool Group Corp. is a diversified industrial company. The firm engages in the design, manufacture, and distribution of industrial products and systems to various end markets. It operates through the following segments: Industrial Tools and Services, and Other. The Industrial Tools and Services segment supplies both products and services to a broad array of end markets, including the industrial, energy, mining, and production automation markets.