ESCO Technologies (ESE) Stock Price, News & Analysis

Company Overview

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. It also designs, develops, and manufactures elastomeric-based signature reduction solutions for U.S. naval vessels; and mission-critical bushings, pins, sleeves, and precision-tolerance machined components for landing gear, rotor heads, engine mounts, flight controls, and actuation systems for the aerospace and defense industries. The Utility Solutions Group segment provides diagnostic testing solutions that enable electric power grid operators to assess the integrity of high-voltage power delivery equipment; and decision support tools for the renewable energy industry, primarily wind and solar. The RF Test & Measurement segment designs and manufactures RF test and secure communication facilities, acoustic test enclosures, RF and magnetically shielded rooms, RF measurement systems, and broadcast and recording studios; and RF absorptive materials, filters, antennas, field probes, test cells, proprietary measurement software, and other test accessories to perform various tests. The company distributes its products through a network of distributors, sales representatives, direct sales teams, and in-house sales personnel. The company was incorporated in 1990 and is based in Saint Louis, Missouri.

Key Stats

• Today's Range: $143.14 to $145.36
• 50-Day Range: $120.68 to $151.69
• 52-Week Range: $96.69 to $154.00
• Volume: 45,503 shs
• Average Volume: 135,154 shs
• Market Capitalization: $3.70 billion
• P/E Ratio: 36.42
• Dividend Yield: 0.22%
• Price Target: $147.50
• Consensus Rating: Moderate Buy

ESCO Technologies Stock Analysis - MarketRank™

ESCO Technologies scored higher than 53% of companies evaluated by MarketBeat, and ranked 113th out of 181 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ESCO Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

ESCO Technologies has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 17.50%

Earnings Growth

Earnings for ESCO Technologies are expected to grow by 17.50% in the coming year, from $4.80 to $5.64 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ESCO Technologies is 36.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.96.

Price to Earnings Ratio vs. Sector

The P/E ratio of ESCO Technologies is 36.42, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.67.

Price to Book Value per Share Ratio

ESCO Technologies has a P/B Ratio of 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.35% of the float of ESCO Technologies has been sold short.

Short Interest Ratio / Days to Cover

ESCO Technologies has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ESCO Technologies has recently increased by 30.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

ESCO Technologies has a dividend yield of 0.22%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

ESCO Technologies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of ESCO Technologies is 8.12%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, ESCO Technologies will have a dividend payout ratio of 5.67% next year. This indicates that ESCO Technologies will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.35% of the float of ESCO Technologies has been sold short.

Short Interest Ratio / Days to Cover

ESCO Technologies has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ESCO Technologies has recently increased by 30.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.72

News Sentiment

ESCO Technologies has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.90 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for ESCO Technologies this week, compared to 3 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ESCO Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.80% of the stock of ESCO Technologies is held by insiders.

Percentage Held by Institutions

95.70% of the stock of ESCO Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ESE Stock Analysis - Frequently Asked Questions

How have ESE shares performed this year?

ESCO Technologies' stock was trading at $117.03 on January 1st, 2024. Since then, ESE shares have increased by 22.6% and is now trading at $143.51.
View the best growth stocks for 2024 here.

How were ESCO Technologies' earnings last quarter?

ESCO Technologies Inc. (NYSE:ESE) announced its quarterly earnings data on Thursday, May, 9th. The scientific and technical instruments company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.06. The business's quarterly revenue was up 8.7% compared to the same quarter last year.

Does ESCO Technologies have any subsidiaries?

ESCO Technologies subsidiaries include Networks Electronic Company LLC, Altanova, Globe Composite Solutions LLC, Manta Test Systems Inc, Vanguard Instruments Company Inc, Morgan Schaffer Ltd., NRG Systems, and more.

Who are ESCO Technologies' major shareholders?

ESCO Technologies' top institutional shareholders include Champlain Investment Partners LLC (4.91%), State Street Corp (4.09%), Conestoga Capital Advisors LLC (4.07%) and Geneva Capital Management LLC (3.29%).
View institutional ownership trends.

How do I buy shares of ESCO Technologies?

Shares of ESE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ESCO Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ESCO Technologies investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and First Solar (FSLR).

Company Calendar

• Last Earnings: 5/09/2024
• Ex-Dividend for 10/16 Dividend: 10/02/2024
• Dividend Payable: 10/16/2024
• Today: 12/08/2024
• Ex-Dividend for 1/17 Dividend: 1/02/2025
• Dividend Payable: 1/17/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Communications equipment, not elsewhere classified
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:ESE
• CUSIP: 29631510
• CIK: 866706
• Web: www.escotechnologies.com
• Phone: (314) 213-7200
• Fax: 314-213-7250
• Employees: 3,195
• Year Founded: 1990

Price Target and Rating

• Average Stock Price Target: $147.50
• High Stock Price Target: $150.00
• Low Stock Price Target: $145.00
• Potential Upside/Downside: +2.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.94
• Trailing P/E Ratio: 36.42
• Forward P/E Ratio: 29.90
• P/E Growth: N/A
• Net Income: $101.88 million
• Net Margins: 9.92%
• Pretax Margin: 12.65%
• Return on Equity: 9.09%
• Return on Assets: 6.00%

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 1.91
• Quick Ratio: 1.31

Sales & Book Value

• Annual Sales: $1.03 billion
• Price / Sales: 3.60
• Cash Flow: $6.23 per share
• Price / Cash Flow: 23.04
• Book Value: $48.05 per share
• Price / Book: 2.99

Miscellaneous

• Outstanding Shares: 25,785,000
• Free Float: 25,579,000
• Market Cap: $3.70 billion
• Optionable: Optionable
• Beta: 1.11