Gardner Denver (NYSE:GDI) had its target price reduced by Stifel Nicolaus from $35.00 to $33.00 in a research report report published on Monday, BenzingaRatingsTable reports. They currently have a hold rating on the stock.
A number of other research analysts have also issued reports on the company. TheStreet raised White Mountains Insurance Group from a c rating to a b rating in a report on Monday, May 13th. UBS Group reaffirmed a buy rating and set a $25.00 target price on shares of Infineon Technologies in a report on Tuesday, May 7th. ValuEngine cut Zumiez from a hold rating to a sell rating in a research note on Tuesday, July 2nd. Zacks Investment Research raised HB Fuller from a sell rating to a hold rating in a research note on Wednesday, July 3rd. Finally, CIBC reissued a hold rating and issued a $37.00 price target on shares of Ritchie Bros. Auctioneers in a research note on Wednesday, May 15th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Gardner Denver has an average rating of Buy and an average price target of $31.79.
NYSE:GDI opened at $32.93 on Monday. The business’s 50-day moving average price is $33.93. The firm has a market capitalization of $6.74 billion, a price-to-earnings ratio of 25.27 and a beta of 1.37. Gardner Denver has a 52-week low of $18.70 and a 52-week high of $36.22. The company has a current ratio of 2.27, a quick ratio of 1.37 and a debt-to-equity ratio of 0.93.
Gardner Denver (NYSE:GDI) last released its earnings results on Tuesday, April 30th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.18. The firm had revenue of $620.30 million for the quarter, compared to analyst estimates of $600.92 million. Gardner Denver had a return on equity of 16.60% and a net margin of 10.19%. Gardner Denver’s revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.38 earnings per share. On average, equities analysts anticipate that Gardner Denver will post 1.2 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. American International Group Inc. boosted its position in Gardner Denver by 19.4% during the 4th quarter. American International Group Inc. now owns 2,553 shares of the company’s stock worth $52,000 after acquiring an additional 414 shares during the period. Quantamental Technologies LLC boosted its position in Gardner Denver by 224.9% during the 1st quarter. Quantamental Technologies LLC now owns 2,599 shares of the company’s stock worth $72,000 after acquiring an additional 1,799 shares during the period. Metropolitan Life Insurance Co. NY boosted its position in Gardner Denver by 19.0% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 5,285 shares of the company’s stock worth $108,000 after acquiring an additional 843 shares during the period. BNP Paribas Arbitrage SA boosted its position in Gardner Denver by 25.4% during the 1st quarter. BNP Paribas Arbitrage SA now owns 6,663 shares of the company’s stock worth $185,000 after acquiring an additional 1,348 shares during the period. Finally, Psagot Investment House Ltd. acquired a new stake in Gardner Denver during the 1st quarter worth about $199,000. 98.79% of the stock is currently owned by hedge funds and other institutional investors.
About Gardner Denver
Gardner Denver Holdings, Inc provides mission-critical flow control and compression equipment; and associated aftermarket parts, consumables, and services in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Industrials, Energy, and Medical.
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