ESCO Technologies (NYSE:ESE) Reaches New 12-Month High - Here's Why

Key Points

• ESCO Technologies' stock hit a new 52-week high of $223.27, closing at $217.37 with a trading volume of 8,172 shares.
• Despite the positive price performance, Wall Street analysts have mixed ratings, with one analyst lowering the rating from "buy" to "hold," while others maintain a "buy" rating and an average target price of $187.50.
• The company reported $1.60 EPS for the last quarter, missing the analysts' estimates, although it noted a 13.6% year-over-year revenue increase.

ESCO Technologies Inc. (NYSE:ESE - Get Free Report)'s stock price hit a new 52-week high on Monday . The stock traded as high as $223.27 and last traded at $217.37, with a volume of 8172 shares traded. The stock had previously closed at $216.39.

Wall Street Analysts Forecast Growth

ESE has been the topic of a number of research analyst reports. Wall Street Zen lowered shares of ESCO Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Weiss Ratings reiterated a "buy (b)" rating on shares of ESCO Technologies in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $187.50.

ESCO Technologies Price Performance

The business has a 50-day moving average of $204.45 and a 200 day moving average of $186.95. The firm has a market capitalization of $5.59 billion, a PE ratio of 48.72 and a beta of 1.23. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 0.38.

ESCO Technologies (NYSE:ESE - Get Free Report) last released its earnings results on Thursday, August 7th. The scientific and technical instruments company reported $1.60 EPS for the quarter, missing analysts' consensus estimates of $1.65 by ($0.05). The business had revenue of $296.34 million for the quarter, compared to the consensus estimate of $320.23 million. ESCO Technologies had a return on equity of 11.19% and a net margin of 10.37%.The company's revenue for the quarter was up 13.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.16 earnings per share. ESCO Technologies has set its FY 2025 guidance at 5.750-5.900 EPS. Q4 2025 guidance at 2.040-2.190 EPS. As a group, research analysts anticipate that ESCO Technologies Inc. will post 5.65 EPS for the current fiscal year.

ESCO Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Thursday, October 2nd were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, October 2nd. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. ESCO Technologies's dividend payout ratio is presently 7.21%.

Institutional Trading of ESCO Technologies

A number of large investors have recently modified their holdings of ESE. Private Trust Co. NA boosted its position in ESCO Technologies by 118.5% during the third quarter. Private Trust Co. NA now owns 142 shares of the scientific and technical instruments company's stock valued at $30,000 after buying an additional 77 shares during the period. TD Private Client Wealth LLC purchased a new stake in ESCO Technologies during the 1st quarter valued at about $38,000. Harbor Investment Advisory LLC bought a new stake in ESCO Technologies in the 2nd quarter worth about $38,000. Osterweis Capital Management Inc. bought a new stake in shares of ESCO Technologies in the second quarter worth $39,000. Finally, Maseco LLP bought a new position in shares of ESCO Technologies in the 2nd quarter worth approximately $45,000. Institutional investors own 95.70% of the company's stock.

About ESCO Technologies

ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines.

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