Austin Guy
Value, contrarian, newsletter provider, long-term horizon

Can Actuant Resume Appreciation?

Company Overview

Actuant Corporation (NYSE:ATU) is a globally diversified company that designs, manufactures, and sells a broad range of industrial products and systems to various end users. The company operates in three segments: Industrial (31% of total revenues), Energy (33%), and Engineered Solutions (36%). Additionally, ATU generates 50% of its total revenues from North America, 30% from Europe, and the remainder from outside those two geographic regions. Simply put, Actuant is a direct play on a growing economy as the demand for its products, such as pipeline connectors and moorings for energy drilling, as well as hydraulic tools and lift products, grows as infrastructure spending increases.

According to the most recent Annual Report, management's long-term goal is to...

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