Enerpac Tool Group Q4 sales beat on product sales strength across Americas

Overview

• US industrial tools provider's fiscal Q4 sales rose 11%, beating analyst expectations

• Adjusted diluted EPS for fiscal Q4 beat analyst expectations

• Company completed acquisition of SFE Group and returned $81 mln to shareholders via buybacks

Outlook

• Enerpac Tool Group sees fiscal 2027 net sales of $825 mln to $845 mln

• Company expects fiscal 2027 organic sales growth of 4% to 6%

• Enerpac Tool Group forecasts fiscal 2027 adjusted diluted EPS of $2.00 to $2.15

Result Drivers

• PRODUCT SALES GROWTH - Co said Q4 product sales rose 11% organically, driven by broad-based strength across the Americas

• SERVICE SALES IMPROVEMENT - Co said Q4 service sales grew 9% organically, supported by encouraging trends in its service business

• MIX AND COSTS IMPACT - Co said net earnings declined year-over-year due to sales mix, higher incentive compensation, and investments for future growth

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

• Wall Street's median 12-month price target for Enerpac Tool Group Corp. is $48.00, about 34.5% above its October 28 closing price of $35.70

• The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

Reuters Recommended Reads

• Oct 27 - Illinois Tool Works Inc beats Q3 EPS estimates, raises 2026 outlook

• Oct 28 - Flowserve Q3 adjusted profit beats estimates on bookings growth, market expansion

• Oct 28 - Specialized equipment maker Terex Q3 sales beat on higher shipment volumes

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)