CL King initiated coverage on Enerpac Tool Group with a new price target
$EPAC
Industrial Machinery/Components
Technology
CL King initiated coverage of Enerpac Tool Group with a rating of Buy and set a new price target of $35.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2023 | $35.00 | Buy | CL King |
| 6/22/2022 | $22.00 → $23.00 | Equal Weight → Overweight | Wells Fargo |
| 1/7/2022 | $20.00 | Underweight → Neutral | JP Morgan |
| 1/5/2022 | Sector Perform → Underperform | RBC Capital | |
| 12/22/2021 | $21.00 → $20.00 | Sector Perform | RBC Capital |
| 11/2/2021 | $22.00 | Underweight → Equal-Weight | Wells Fargo |
| 9/30/2021 | $22.00 → $20.00 | Underweight | Wells Fargo |
| 9/30/2021 | $26.00 → $22.00 | Sector Perform | RBC Capital |
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on Enerpac Tool Group Corp. (NYSE:EPAC). Click Here to view the full Argus Equity Research Report. COMPANY HIGHLIGHTS: Excerpts (as conveyed by Argus Analyst Steve Silver) include: EPAC: A premier industrial tools, services, technology and solutions company Diversified Global Business: Enerpac is a diversified provider of industrial products and services, with a broad vertical market focus and geographic operating footprint. The company
Dennis Bowe to continue in advisory role to support transition STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced the Board of Directors of STRATTEC has appointed Matthew Pauli as Senior Vice President, Chief Financial Officer effective November 13, 2024. He will succeed Dennis Bowe, who will be continuing with the Company in an advisory role to aid in the transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241111337953/en/The Board of Directors of STRATTEC has appo
In a release issued under the same headline yesterday by Enerpac Tool Group Corp. (NYSE:EPAC), please note that in the Outlook section, the third paragraph should have read "Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $85 million to $95 million." and not "Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $89 million to $99 million." The $85 million to $95 million free cash flow guidance is consistent with the original financial tables included in the release and the presentation and slides for the earnings call held earlier today. The corrected release is as follows: Fiscal 2024 Continuing Operat
CL King initiated coverage of Enerpac Tool Group with a rating of Buy and set a new price target of $35.00
Wells Fargo upgraded Enerpac Tool Group from Equal Weight to Overweight and set a new price target of $23.00 from $22.00 previously
JP Morgan upgraded Enerpac Tool Group from Underweight to Neutral and set a new price target of $20.00
4 - ENERPAC TOOL GROUP CORP (0000006955) (Issuer)
4 - ENERPAC TOOL GROUP CORP (0000006955) (Issuer)
4 - ENERPAC TOOL GROUP CORP (0000006955) (Issuer)
10-K - ENERPAC TOOL GROUP CORP (0000006955) (Filer)
8-K - ENERPAC TOOL GROUP CORP (0000006955) (Filer)
8-K - ENERPAC TOOL GROUP CORP (0000006955) (Filer)
SC 13G/A - ENERPAC TOOL GROUP CORP (0000006955) (Subject)
SC 13G - ENERPAC TOOL GROUP CORP (0000006955) (Subject)
SC 13G/A - ENERPAC TOOL GROUP CORP (0000006955) (Subject)
Dennis Bowe to continue in advisory role to support transition STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced the Board of Directors of STRATTEC has appointed Matthew Pauli as Senior Vice President, Chief Financial Officer effective November 13, 2024. He will succeed Dennis Bowe, who will be continuing with the Company in an advisory role to aid in the transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241111337953/en/The Board of Directors of STRATTEC has appo
MILWAUKEE, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Enerpac Tool Group Corp. (NYSE:EPAC) ("Enerpac" or "the Company") announced today that Darren M. Kozik is joining the Company as Executive Vice President and Chief Financial Officer effective October 28, 2024. He will report to Paul Sternlieb, President & CEO, and serve as a member of the Company's executive leadership team. Mr. Kozik will provide leadership over all aspects of the Company's finance and IT functions globally. Mr. Kozik joins Enerpac Tool Group from ManpowerGroup, a leading global workforce solutions company. With 25 years of finance experience, he most recently held the position of SVP, Global Corporate Finance, where he led th
In a release issued under the same headline yesterday by Enerpac Tool Group Corp. (NYSE:EPAC), please note that in the Outlook section, the third paragraph should have read "Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $85 million to $95 million." and not "Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $89 million to $99 million." The $85 million to $95 million free cash flow guidance is consistent with the original financial tables included in the release and the presentation and slides for the earnings call held earlier today. The corrected release is as follows: Fiscal 2024 Continuing Operat
Fiscal 2024 Continuing Operations Highlights* Net sales were $590 million, a decline of 1.5% year-over-year, with organic growth of 2.2%.**Gross margin expanded 180 basis points year-over-year to 51.1%.Operating margin was 20.6% and adjusted operating margin was 23.2%.Net earnings were $82 million and adjusted net earnings were $95 million, representing year-over-year increases of 53% and 14%, respectively.Diluted EPS was $1.50 and adjusted diluted EPS was $1.72.Adjusted EBITDA was $147 million, an increase of 8% year-over-year. Adjusted EBITDA margin of 25.0% increased 220 basis points.Cash from operations was $81 million with free cash flow of $70 million.Returned $38 million to sharehold
MILWAUKEE, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Enerpac Tool Group Corp. (NYSE:EPAC) announced today that it will release its fourth quarter fiscal 2024 earnings after the market closes on Tuesday, October 15, 2024. Management will conduct a conference call to discuss the results on Wednesday, October 16, 2024, beginning at 8:30 a.m. ET / 7:30 a.m. CT. A real-time webcast of the conference call can be accessed via the Investors section of the Company's website here. For those who are unavailable to listen to the live broadcast, a replay will be available shortly after the call for 90 days. About Enerpac Tool Group Enerpac Tool Group Corp. is a premier industrial tools, services, tec