Actuant Corp (NYSE:ATU)
CAPS Rating:
The Company is a manufacturer of a range of industrial products and systems organized under two groups, Tools & Supplies and Engineered Solutions.
The Company is a manufacturer of a range of industrial products and systems organized under two groups, Tools & Supplies and Engineered Solutions.
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This company produces industrial equipment and supplies for worldwide consumption. The US Dollar is weak, so their products are cheap overseas. They are growing at 22% during the upcoming four quarters with expectations of 14% thereafter. That can be annualized to about 16%. So the stock is fairly priced as it stands. As the market probably won't grow in the next year, this stock should outperform handily. With 10 analysts watching it, its price will probably stay in line with growth. I would like to see more insider ownership of a small/medium company like this. I would also like to see less debt. These factors may reduce ATU's future growth prospects.