EPAC Price Prediction Next Week
Analysis and Insights
Earnings Event and Market Sentiment:
Enerpac Tool Group (EPAC) is scheduled to report its quarterly earnings today, with analysts expecting EPS of $0.40 on revenue of $141.60 million. The options market implies a potential stock price move of +/-8.90% following the earnings announcement, highlighting the importance of this event in shaping near-term price action.
Technical Analysis:
EPAC's stock is currently trading near its lower Bollinger Band, suggesting oversold conditions. The RSI (6-period) is at 30.90, indicating potential for a bounce. However, the MACD remains bearish, with the signal line above the MACD line.
Fibonacci Levels:
The Fibonacci levels suggest key resistance at $45.31 (R1) and support at $42.26 (S1). The stock is currently trading near the pivot level of $43.79.
{FIBONACCI:symbol=EPAC.N, type=0}
Price Prediction and Recommendation:
Given the oversold conditions and potential earnings-driven volatility, the stock is likely to bounce off the lower Bollinger Band. The Fibonacci R1 level at $45.31 is a key target for the next trading week.
Prediction: The stock price is expected to rise to $45.30 next week.
Recommendation: Buy on the current dip, targeting the Fibonacci R1 level.
EPAC Similar Chart Price Prediction
The price of EPAC is predicted to go up 24.05%, based on the high correlation periods with AMWL. The similarity of these two price pattern on the periods is 92.88%.
EPAC
AMWL
Up: 24.05%Similarity: 92.88%
EPAC Revenue Forecast
EPAC EPS Forecast
EPAC FAQs
What is EPAC revenue forecast for next quarter？
What is EPAC eps forecast for next quarter？
EPAC Analyst's Forecast
Daniel Moore
CJS Securities
Buy
2025-03-14
Price Target
$53
Upside
+20.56%
CJS Securities initiated coverage of Enerpac Tool with an Outperform rating and $53 price target.
