Actuant (ATU) Receives Daily Coverage Optimism Rating of 0.19

Media headlines about Actuant (NYSE:ATU) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Actuant earned a news impact score of 0.19 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.0857598440626 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

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Several research firms have recently commented on ATU. Zacks Investment Research cut shares of Actuant from a “buy” rating to a “hold” rating in a research note on Friday, December 22nd. KeyCorp reissued a “buy” rating and set a $29.00 price target on shares of Actuant in a research note on Sunday, November 19th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $25.11.

Shares of Actuant (NYSE ATU) opened at $23.90 on Friday. Actuant has a 52 week low of $21.60 and a 52 week high of $29.17. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.35 and a current ratio of 1.80. The company has a market cap of $1,434.19, a P/E ratio of -21.53, a PEG ratio of 2.39 and a beta of 1.56.

Actuant (NYSE:ATU) last released its quarterly earnings results on Wednesday, December 20th. The industrial products company reported $0.19 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.02. Actuant had a negative net margin of 5.89% and a positive return on equity of 9.29%. The business had revenue of $289.00 million for the quarter, compared to analysts’ expectations of $269.22 million. During the same period in the prior year, the firm earned $0.20 earnings per share. Actuant’s revenue was up 8.7% compared to the same quarter last year. analysts anticipate that Actuant will post 1.07 EPS for the current fiscal year.

In other Actuant news, VP Ted Wozniak sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $25.66, for a total value of $153,960.00. Following the transaction, the vice president now directly owns 70,705 shares of the company’s stock, valued at $1,814,290.30. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by company insiders.

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About Actuant

Actuant Corporation designs, manufactures and distributes a range of industrial products and systems to various end markets. The Company operates through three segments: Industrial, Energy and Engineered Solutions. The Company’s Industrial segment is primarily involved in the design, manufacture and distribution of branded hydraulic and mechanical tools to the maintenance, industrial, infrastructure and production automation markets.

Insider Buying and Selling by Quarter for Actuant (NYSE:ATU)

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