EPAC Enerpac Tool
Enerpac Tool Group Corp. is a diversified industrial company. The firm engages in the designing, manufacturing, and distribution of a broad range of industrial products and systems to various end markets. It operates through the Industrial Tools and Services; and Engineered Components and Systems segments. The Industrial Tools and Services segment supplies both products and services to a broad array of end markets, including industrial, energy, mining and production automation markets. The Engineered Components and Systems segment focuses on system critical position and motion control systems, ropes, cables and umbilicals and other customized industrial components to various vehicles, construction, agricultural and other niche markets. The company was founded in 1910 and is headquartered in Menomonee Falls, WI.
Company profile
Ticker
EPAC
Exchange
Website
CEO
Mark Goldstein
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ACTUANT CORP, APPLIED POWER INC
SEC CIK
Corporate docs
IRS number
390168610
EPAC stock data
()
News
Actuant Q2 EPS $0.06 Misses $0.12 Estimate, Sales $120.70M Miss $125.92M Estimate
24 Mar 21
Earnings Scheduled For March 24, 2021
24 Mar 21
CJS Securities Initiates Coverage On Enerpac Tool Group with Outperform Rating, Announces Price Target of $32
19 Mar 21
Stocks That Hit 52-Week Highs On Friday
12 Mar 21
Stocks That Hit 52-Week Highs On Thursday
11 Mar 21
Calendar
26 Mar 21
18 Apr 21
31 Aug 21
Financial summary
Quarter (USD) |
Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Annual (USD) |
Aug 20 | Aug 19 | Aug 18 | Aug 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 115.25M | 115.25M | 115.25M | 115.25M | 115.25M | 115.25M |
| Cash burn (monthly) | 14.44M | 4.02M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 24.59M | 6.84M | n/a | n/a | n/a | n/a |
| Cash remaining | 90.67M | 108.42M | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 6.3 | 27.0 | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Mar 21 | Randal W Baker | Class A Common Stock | Payment of exercise | Dispose F | No | No | 26.61 | 10,964 | 291.75K | 285,675 |
| 2 Mar 21 | Danny L Cunningham | Phantom Stock Class A Common Stock | Grant | Aquire A | No | No | 0 | 994 | 0 | 14,406 |
| 12 Feb 21 | John Jeffrey Schmaling | Class A Common Stock | Payment of exercise | Dispose F | No | No | 21.98 | 1,646 | 36.18K | 42,408 |
| 8 Feb 21 | Bryan Johnson | Class A Common Stock | Payment of exercise | Dispose F | No | No | 21.3142 | 1,539 | 32.8K | 25,908 |
| 28 Jan 21 | Randal W Baker | Class A Common Stock | Payment of exercise | Dispose F | No | No | 21.07 | 9,068 | 191.06K | 296,639 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
13F holders |
Current |
|---|---|
| Total holders | 144 |
| Opened positions | 22 |
| Closed positions | 18 |
| Increased positions | 33 |
| Reduced positions | 59 |
13F shares |
Current |
|---|---|
| Total value | 1.39B |
| Total shares | 61.57M |
| Total puts | 300 |
| Total calls | 37.5K |
| Total put/call ratio | 0.0 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK Blackrock | 8.82M | $199.44M |
| TROW T. Rowe Price | 7.74M | $175.09M |
| Vanguard | 6.23M | $140.87M |
| Wellington Management | 5.28M | $119.47M |
| Clarkston Capital Partners | 4.82M | $109.03M |
| PZN Pzena Investment Management | 4.21M | $95.29M |
| Barrow Hanley Mewhinney & Strauss | 2.31M | $52.17M |
| Dimensional Fund Advisors | 1.84M | $41.68M |
| STT State Street | 1.76M | $39.84M |
| Cooke & Bieler | 1.17M | $26.47M |
Financial report summary
?Management Discussion
- Consolidated net sales for the second quarter of fiscal 2021 were $121 million, a decrease of $12 million (10%) from the prior-year comparable period. Core sales decreased $15 million (11%) and divested product lines and the strategic exits of certain service offerings net of sales from acquisitions decreased net sales $1 million (1%), while the impact from foreign currency rates benefited net sales by 2%. The decrease in core sales was due to the steep reduction in sales volume attributable to the impact of the COVID-19 pandemic on macroeconomic conditions as well as limitations on our ability to access job sites, including, but not limited to, full border closures in the Middle East. Core products sales were down 11% and core service sales were down 12% as compared to the same period in the prior year. Gross profit margins decreased 2% as a result of manufacturing sales mix and manufacturing variances. Operating profit was $3 million lower in the second quarter of fiscal 2021 as compared to the second quarter of fiscal 2020 largely as a result of the $7 million decrease in gross profit resulting from the steep sales decline, partially offset by the realization of savings from restructuring actions reducing selling, general and administrative ("SG&A") costs, in addition to lower discretionary spend including travel and entertainment expenses.
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. junior Avg
|
|
New words:
albeit, Appendix, border, capacity, caption, composition, depressed, job, mobile, NaN, notice, Proxy, undergo, unrecognized
Removed:
integrity, joint, SAE, withdraw
Financial reports
10-Q
2021 Q2
Quarterly report
26 Mar 21
10-Q
2020 Q1
Quarterly report
5 Jan 21
10-K
2020 FY
Annual report
26 Oct 20
10-Q
2020 Q3
Quarterly report
1 Jul 20
10-Q
2020 Q2
Quarterly report
25 Mar 20
10-Q
2020 Q1
Quarterly report
6 Jan 20
10-K
2019 FY
Annual report
28 Oct 19
10-Q
2019 Q3
Quarterly report
30 Jun 19
10-Q
2019 Q2
Quarterly report
5 Apr 19
10-Q
2019 Q1
Quarterly report
4 Jan 19
Current reports
8-K
Results of Operations and Financial Condition
24 Mar 21
8-K
Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
8 Mar 21
8-K
Departure of Directors or Certain Officers
20 Jan 21
8-K
Results of Operations and Financial Condition
21 Dec 20
8-K
Changes in Registrant's Certifying Accountant
18 Nov 20
8-K
Results of Operations and Financial Condition
30 Sep 20
8-K
Amendments to Articles of Incorporation or Bylaws
31 Jul 20
8-K
Results of Operations and Financial Condition
25 Jun 20
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
15 Jun 20
8-K
Other Events
14 May 20
Registration and prospectus
S-8
Registration of securities for employees
29 Mar 21
S-8
Registration of securities for employees
2 Jul 20
15-15D
Suspension of duty to report
30 Jun 20
15-12G
Securities registration termination
30 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
18 Jan 17
S-8
Registration of securities for employees
17 Jan 17
S-3ASR
Automatic shelf registration
22 Jan 15
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Dec 13
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Oct 13
S-8
Registration of securities for employees
22 Jan 13
Proxies
DEFA14A
Additional proxy soliciting materials
7 Jan 21
DEFA14A
Additional proxy soliciting materials
4 Dec 20
DEF 14A
Definitive proxy
4 Dec 20
DEFA14A
Additional proxy soliciting materials
13 Dec 19
DEF 14A
Definitive proxy
13 Dec 19
DEF 14A
Definitive proxy
3 Dec 18
DEFR14A
Revised proxy
5 Dec 17
DEF 14A
Definitive proxy
3 Dec 17
DEF 14A
Definitive proxy
4 Dec 16
DEF 14A
Definitive proxy
3 Dec 15
Other
SD
Conflict minerals disclosure
28 May 20
SD
Conflict minerals disclosure
29 May 19
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
29 Oct 18
SD
Conflict minerals disclosure
30 May 18
UPLOAD
Letter from SEC
22 Jan 18
CORRESP
Correspondence with SEC
8 Jan 18
UPLOAD
Letter from SEC
18 Dec 17
SD
Conflict minerals disclosure
30 May 17
UPLOAD
Letter from SEC
30 Mar 17
CORRESP
Correspondence with SEC
28 Mar 17
Ownership
4/A
ENERPAC TOOL / Barbara Bolens ownership change
9 Apr 21
4/A
ENERPAC TOOL / Alfredo Altavilla ownership change
9 Apr 21
4/A
ENERPAC TOOL / Sidney S. Simmons II ownership change
9 Apr 21
4
ENERPAC TOOL / Randal W Baker ownership change
22 Mar 21
4
ENERPAC TOOL / Danny L Cunningham ownership change
3 Mar 21
4
ENERPAC TOOL / John Jeffrey Schmaling ownership change
16 Feb 21
SC 13G/A
ENERPAC TOOL / Clarkston Capital Partners ownership change
16 Feb 21
SC 13G/A
ENERPAC TOOL / PRICE T ROWE ASSOCIATES ownership change
15 Feb 21
4
ENERPAC TOOL / Bryan Johnson ownership change
10 Feb 21
SC 13G/A
ENERPAC TOOL / VANGUARD ownership change
10 Feb 21
Patents
APP
Utility
Clamp Arm Assembly
6 Jan 21
A clamp assembly includes a clamp member and a clip.
GRANT
Utility
Tensioning device and method for tensioning a workpiece
12 Oct 20
A tensioning device for tensioning a workpiece includes a main body having a chamber, a fluid inlet providing fluid communication between a fluid source and the chamber, a puller member supported in the main body and configured to engage the workpiece, and a piston positioned in the chamber and coupled to the puller member.
GRANT
Utility
Hybrid spring for a hydraulic cylinder
31 Aug 20
A piston cylinder assembly includes a housing defining a housing cavity, a piston movably supported by the housing, and a spring return assembly connected between the housing and the piston.
GRANT
Design
Pump
20 Jul 20
Inventors: Nathan Adam Hughes, John P. Van Roy
APP
Utility
Fusible Cap Assembly
1 Jul 20
A cap assembly for a container and a method of assembly.
Transcripts
2021 Q2
Earnings call transcript
24 Mar 21
2021 Q1
Earnings call transcript
21 Dec 20
2020 Q4
Earnings call transcript
30 Sep 20
2020 Q3
Earnings call transcript
25 Jun 20
2020 Q2
Earnings call transcript
19 Mar 20
2020 Q1
Earnings call transcript
19 Dec 19
2019 Q4
Earnings call transcript
26 Sep 19
2019 Q3
Earnings call transcript
26 Jun 19
2019 Q2
Earnings call transcript
21 Mar 19
2019 Q1
Earnings call transcript
20 Dec 18
Reddit threads
Best stocks for Biden's infrastructure plan
5 Apr 21
Daily Discussion Thread - March 24th, 2021
24 Mar 21
Daily Discussion Thread - March 23rd, 2021
23 Mar 21
Daily Discussion Thread - March 22nd, 2021
22 Mar 21
Daily Discussion Thread - December 21st, 2020
21 Dec 20
Daily Discussion Thread - December 18th, 2020
18 Dec 20