Enerpac Tool Group (NYSE:EPAC) Announces Quarterly Earnings Results

Enerpac Tool Group (NYSE:EPAC) announced its quarterly earnings data on Monday. The company reported $0.47 earnings per share for the quarter, meeting the consensus estimate of $0.47, Zacks reports. Enerpac Tool Group had a return on equity of 27.56% and a net margin of 14.13%. The firm had revenue of $150.39 million during the quarter, compared to the consensus estimate of $153.20 million. During the same quarter in the previous year, the company posted $0.39 earnings per share. Enerpac Tool Group updated its FY 2024 guidance to EPS.

Enerpac Tool Group Price Performance

Shares of Enerpac Tool Group stock opened at $38.16 on Thursday. The company has a quick ratio of 2.41, a current ratio of 3.11 and a debt-to-equity ratio of 0.71. The company has a market cap of $2.07 billion, a PE ratio of 25.11 and a beta of 1.18. The business has a 50 day moving average of $37.59 and a 200 day moving average of $34.20. Enerpac Tool Group has a 52 week low of $24.58 and a 52 week high of $39.49.

Enerpac Tool Group Company Profile

Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.