ESCO Technologies (ESE) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ESCO Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ESE shares.
View ESE analyst ratings or view top-rated stocks.

1 analysts have issued twelve-month target prices for ESCO Technologies' stock. Their ESE share price forecasts range from $110.00 to $110.00. On average, they expect the company's share price to reach $110.00 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price.
View analysts price targets for ESE or view top-rated stocks among Wall Street analysts.

ESCO Technologies' stock was trading at $87.54 at the beginning of 2023. Since then, ESE stock has increased by 10.6% and is now trading at $96.84.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our ESE earnings forecast.

ESCO Technologies Inc. (NYSE:ESE) announced its quarterly earnings results on Tuesday, May, 9th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.05. The scientific and technical instruments company had revenue of $229.10 million for the quarter, compared to the consensus estimate of $225.35 million. ESCO Technologies had a net margin of 9.54% and a trailing twelve-month return on equity of 8.51%. The firm's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 earnings per share.

ESCO Technologies announced a quarterly dividend on Tuesday, May 9th. Stockholders of record on Wednesday, July 5th will be given a dividend of $0.08 per share on Wednesday, July 19th. This represents a $0.32 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date of this dividend is Monday, July 3rd.
Read our dividend analysis for ESE.

ETFs with the largest weight of ESCO Technologies (NYSE:ESE) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), Invesco WilderHill Clean Energy ETF (PBW), Nuveen Small Cap Select ETF (NSCS), SPDR S&P Kensho Final Frontiers ETF (ROKT), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Low Volatility ETF (XSLV), SPDR S&P 600 Small Cap Growth ETF (SLYG) and iShares S&P Small-Cap 600 Growth ETF (IJT).

ESCO Technologies (NYSE:ESE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.33%. The dividend payout ratio is 9.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESE will have a dividend payout ratio of 8.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESE.

ESCO Technologies updated its FY23 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of $3.55-$3.65 for the period, compared to the consensus estimate of $3.61. The company issued revenue guidance of $930-$950 million, compared to the consensus revenue estimate of $928.57 million.

2 employees have rated ESCO Technologies Chief Executive Officer Vic Richey Jr. on Glassdoor.com. Vic Richey Jr. has an approval rating of 50% among the company's employees. This puts Vic Richey Jr. in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ESCO Technologies investors own include Emerson Electric (EMR), AT&T (T), Procter & Gamble (PG), Exxon Mobil (XOM), International Business Machines (IBM), Johnson & Johnson (JNJ), Altria Group (MO), Caterpillar (CAT), Intel (INTC) and Coca-Cola (KO).

ESCO Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESE."

ESCO Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (15.80%), Dimensional Fund Advisors LP (5.40%), Champlain Investment Partners LLC (4.60%), Conestoga Capital Advisors LLC (3.80%), State Street Corp (3.66%) and Silvercrest Asset Management Group LLC (2.48%).
View institutional ownership trends.

Shares of ESE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ESE stock can currently be purchased for approximately $96.84.

ESCO Technologies (NYSE:ESE) has a market capitalization of $2.49 billion and generates $857.50 million in revenue each year. The scientific and technical instruments company earns $82.32 million in net income (profit) each year or $3.34 on an earnings per share basis.

The company employs 2,922 workers across the globe.

ESCO Technologies' mailing address is 9900A CLAYTON ROAD, ST. LOUIS MO, 63124. The official website for the company is www.escotechnologies.com. The scientific and technical instruments company can be reached via phone at (314) 213-7200, via email at klowrey@escotechnologies.com, or via fax at 314-213-7250.