What Is Enerpac Tool Group Corp.’s (NYSE:EPAC) Share Price Doing?
Enerpac Tool Group Corp. (NYSE:EPAC), is not the largest company out there, but it saw a decent share price growth of 16% on the NYSE over the last few months. The company’s trading levels have approached the yearly peak, following the recent bounce in the share price. As a US$2.3b market cap stock, it seems odd Enerpac Tool Group is not more well-covered by analysts. Although, there is more of an opportunity for mispricing in stocks with low coverage, which can be a good thing. So, could the stock still be trading at a low price relative to its actual value? Let’s examine Enerpac Tool Group’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
