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Enerpac Tool Group (EPAC): Strong Industry, Solid Earnings Estimate Revisions
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One stock that might be an intriguing choice for investors right now is Enerpac Tool Group Corp. (EPAC - Free Report) . This is because this security in the Manufacturing - Tools & Related Products space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Manufacturing - Tools & Related Products space as it currently has a Zacks Industry Rank of 37 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Enerpac Tool Group is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
In fact, over the past month, current quarter estimates have risen from 20 cents per share to 24 cents per share, while current year estimates have risen from 53 cents per share to 66 cents per share. This has helped EPAC to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So, if you are looking for a decent pick in a strong industry, consider Enerpac Tool Group. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
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Enerpac Tool Group (EPAC): Strong Industry, Solid Earnings Estimate Revisions
One stock that might be an intriguing choice for investors right now is Enerpac Tool Group Corp. (EPAC - Free Report) . This is because this security in the Manufacturing - Tools & Related Products space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Manufacturing - Tools & Related Products space as it currently has a Zacks Industry Rank of 37 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Enerpac Tool Group is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
Enerpac Tool Group Corp. Price and Consensus
Enerpac Tool Group Corp. price-consensus-chart | Enerpac Tool Group Corp. Quote
In fact, over the past month, current quarter estimates have risen from 20 cents per share to 24 cents per share, while current year estimates have risen from 53 cents per share to 66 cents per share. This has helped EPAC to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So, if you are looking for a decent pick in a strong industry, consider Enerpac Tool Group. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
Zacks' Top Picks to Cash in on Artificial Intelligence
In 2021, this world-changing technology is projected to generate $327.5 billion in revenue. Now Shark Tank star and billionaire investor Mark Cuban says AI will create "the world's first trillionaires." Zacks' urgent special report reveals 3 AI picks investors need to know about today.
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