ESCO Technologies Inc. (NYSE:ESE - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as $205.51 and last traded at $204.49, with a volume of 21107 shares. The stock had previously closed at $202.66.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen downgraded ESCO Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $187.50.
Read Our Latest Analysis on ESCO Technologies
ESCO Technologies Stock Up 1.2%
The stock's fifty day moving average is $193.62 and its two-hundred day moving average is $176.39. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.52 and a quick ratio of 1.04. The stock has a market capitalization of $5.30 billion, a P/E ratio of 46.20 and a beta of 1.25.
ESCO Technologies (NYSE:ESE - Get Free Report) last announced its earnings results on Thursday, August 7th. The scientific and technical instruments company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.05). ESCO Technologies had a return on equity of 11.19% and a net margin of 10.37%.The business had revenue of $296.34 million for the quarter, compared to analyst estimates of $320.23 million. During the same quarter in the previous year, the company posted $1.16 EPS. The business's revenue for the quarter was up 13.6% compared to the same quarter last year. 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 predict that ESCO Technologies Inc. will post 5.65 earnings per share for the current fiscal year.
ESCO Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Thursday, October 2nd will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date is Thursday, October 2nd. ESCO Technologies's dividend payout ratio (DPR) is currently 7.21%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Opal Wealth Advisors LLC purchased a new stake in shares of ESCO Technologies in the first quarter valued at $35,000. CX Institutional acquired a new stake in ESCO Technologies in the 1st quarter valued at about $36,000. TD Private Client Wealth LLC acquired a new stake in shares of ESCO Technologies in the first quarter valued at approximately $38,000. Harbor Investment Advisory LLC acquired a new position in shares of ESCO Technologies during the second quarter worth $38,000. Finally, Osterweis Capital Management Inc. bought a new stake in ESCO Technologies during the second quarter valued at $39,000. Institutional investors and hedge funds own 95.70% of the company's stock.
ESCO Technologies Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider ESCO Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ESCO Technologies wasn't on the list.
While ESCO Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.