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Investing.com - Roth/MKM initiated coverage on Enerpac Tool Group (NYSE:EPAC) with a Buy rating and set a price target of $48.00. The industrial tool manufacturer, currently trading at $42.37 with a market capitalization of $2.28 billion, demonstrates impressive gross profit margins of 50.22% and maintains a GOOD financial health score according to InvestingPro analysis.
The research firm cited Enerpac’s ongoing transformation, which it believes will "release significant value for investors" as the company becomes more focused and efficient in its operations.
Roth/MKM’s analysis suggests that Enerpac is successfully improving its operating efficiencies, which provides catalysts for the company to outpace market growth.
The $48.00 price target is based on an enterprise value to EBITDA multiple of 16 times the firm’s fiscal year 2026 adjusted EBITDA forecast of $165.4 million.
Enerpac Tool Group manufactures high-pressure hydraulic tools and controlled force products for industrial applications. The company is scheduled to report its next earnings on September 24, 2025.
In other recent news, Enerpac Tool Group reported its third-quarter results for fiscal year 2025, revealing an adjusted earnings per share (EPS) of $0.51. This figure exceeded the anticipated $0.465, resulting in a 9.68% positive surprise for investors. However, the company’s revenue was slightly below expectations, coming in at $158.66 million compared to the projected $158.83 million. Additionally, Enerpac Tool Group announced a significant change in its executive leadership. The company appointed Noah N. Popp as Executive Vice President, General Counsel, and Secretary, with his employment expected to begin on July 14. Popp brings extensive legal experience from his previous roles, including Regional General Counsel-Americas and Corporate Secretary at JBT Marel Corporation. These developments highlight Enerpac Tool Group’s ongoing strategic moves in both financial performance and leadership.
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