Actuant Corp Fourth Quarter Earnings Sneak Peek

Actuant Corp (NYSE:ATU) will unveil its latest earnings on Monday, September 26, 2011. Actuant Corporation is a global manufacturer and marketer of a range of industrial products and systems. The Company is organized into four operating and reportable segments as follows: Industrial, Energy, Electrical and Engineered Solutions.

Actuant Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 46 cents per share, a rise of 48.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 47 cents. Between one and three months ago, the average estimate was unchanged, but has since dropped during the last month. For the year, analysts are projecting net income of $1.64 per share, a rise of 51.9% from last year.

Past Earnings Performance: The company topped forecasts last quarter after being in line with estimates the quarter prior. In the third quarter, it reported profit of 51 cents per share versus a mean estimate of 46 cents. Two quarters ago, it reported net income of 30 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $394.9 million in revenue this quarter, a rise of 27.2% from the year ago quarter. Analysts are forecasting total revenue of $1.44 billion for the year, a rise of 16.1% from last year’s revenue of $1.24 billion.

Analyst Ratings: Analysts are bullish on this stock with nine analysts rating it as a buy, none rating it as a sell and four rating it as a hold.

Key Stats:

Revenue has now gone up for three straight quarters. In third quarter, revenue rose 17.4% to $392.8 million while the figure rose 12.4% in the second quarter from the year earlier and 4.3% in the first quarter.

Competitors to Watch: Parker-Hannifin Corp. (NYSE:PH), Crane Co. (NYSE:CR), Omega Flex, Inc. (NASDAQ:OFLX), Sun Hydraulics Corporation (NASDAQ:SNHY), Danaher Corporation (NYSE:DHR), Hidropnevmotehnika AD Kazanlak (4HY), and Unimech Group Berhad (UNIMECH).

Stock Price Performance: During July 25, 2011 to September 20, 2011, the stock price had fallen $6.03 (-23.1%) from $26.14 to $20.11. The stock price saw one of its best stretches over the last year between November 29, 2010 and December 9, 2010 when shares rose for nine-straight days, rising 17% (+$3.97) over that span. It saw one of its worst periods between May 10, 2011 and May 18, 2011 when shares fell for seven-straight days, falling 8.8% (-$2.39) over that span. Shares are down $6.51 (-24.5%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.