UBS: Valuation Attractive on Actuant (ATU) - All Segments Growing in Tough Economy = Pretty Impressive
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Price: $33.86 -0.29%
Rating Summary:
3 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
3 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade ATU Now!
UBS maintains a 'Buy' on Actuant (NYSE: ATU) price target of $30.00 (from $33.00).
Analyst, Robert Barry, thinks shares remain attractive, on a valuation basis. It also looks like all segments within the company continue to grow. Barry highlighted the company's Energy and Electrical as real standouts. Looking ahead, he feels the initial FY13 outlook is prudently conservative. However, UBS was already at the top of the EPS estimate range for FY12/13, so the lower FY12 by $0.01 to $2.07 (consensus $2.07) and FY13 by $0.02 to $2.29 (consensus is $2.27)
For an analyst ratings summary and ratings history on Actuant click here. For more ratings news on Actuant click here.
Shares of Actuant closed at $26.51 yesterday, with a 52 week range of $17.47-$29.97.
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Analyst, Robert Barry, thinks shares remain attractive, on a valuation basis. It also looks like all segments within the company continue to grow. Barry highlighted the company's Energy and Electrical as real standouts. Looking ahead, he feels the initial FY13 outlook is prudently conservative. However, UBS was already at the top of the EPS estimate range for FY12/13, so the lower FY12 by $0.01 to $2.07 (consensus $2.07) and FY13 by $0.02 to $2.29 (consensus is $2.27)
For an analyst ratings summary and ratings history on Actuant click here. For more ratings news on Actuant click here.
Shares of Actuant closed at $26.51 yesterday, with a 52 week range of $17.47-$29.97.
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