Zacks Rating on Actuant Corporation (ATU)

Actuant Corporation (ATU) : The consensus on Actuant Corporation (ATU) based on 9 analyst recommendation on the company stock is 2.67, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Actuant Corporation (ATU) : Average target price received by Actuant Corporation (ATU) is $23 with an expected standard deviation of $2.55. The most aggressive target on the stock is $27, whereas the most downbeat target is $20. 5 financial analysts are currently covering the stock.


Shares of Actuant Corporation rose by 2.51% in the last five trading days and 4.03% for the last 4 weeks. Actuant Corporation has dropped 7.71% during the last 3-month period . Year-to-Date the stock performance stands at 2.46%. Actuant Corporation (NYSE:ATU): On Tuesdays trading session , Opening price of the stock was $24.71 with an intraday high of $24.89. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $24.53. However, the stock managed to close at $24.55, a loss of 0.37% for the day. On the previous day, the stock had closed at $24.64. The total traded volume of the day was 664,611 shares.

Actuant Corporation is a global diversified company that designs, manufactures and distributes a range of industrial products and systems to various end markets. The Company is organized into three operating segments: Industrial, Energy and Engineered Solutions. The Industrial segment is involved in the design, manufacture and distribution of branded hydraulic and mechanical tools to the maintenance, industrial, infrastructure and production automation markets. The Energy segment provides joint integrity products and services, customized offshore vessel mooring solutions, as well as rope and cable solutions to the global oil & gas, power generation and other energy markets. The Engineered Solutions segment provides highly engineered position and motion control systems to original equipment manufacturers (OEM) in various on and off-highway vehicle markets, as well as, a variety of other products to the industrial and agricultural markets.

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