NYSE:ESE

ESCO Technologies (ESE) Stock Forecast, Price & News

$104.44

-3.57 (-3.31%)

(As of 09/29/2023 08:52 PM ET)

Compare

Today's Range: $104.18
▼
$108.29
50-Day Range: $99.13
▼
$108.35
52-Week Range: $73.33
▼
$109.57

Volume: 90,600 shs
Average Volume: 92,238 shs
Market Capitalization: $2.69 billion

P/E Ratio: 29.59
Dividend Yield: 0.31%
Price Target: $120.00

ESCO Technologies MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 14.9% Upside
$120.00 Price Target
Short Interest: Healthy
0.71% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 11.72%
From $3.67 to $4.10 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Industrial Products Sector

117th out of 175 stocks

Communications Equipment, Not Elsewhere Classified Industry

7th out of 10 stocks

2.5

Analyst's Opinion

Consensus Rating
ESCO Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $120.00, ESCO Technologies has a forecasted upside of 14.9% from its current price of $104.44.
Amount of Analyst Coverage
ESCO Technologies has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.71% 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 2.2, 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 1.02%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
ESCO Technologies has a dividend yield of 0.30%, 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 9.07%. 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 7.80% next year. This indicates that ESCO Technologies will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ESE.

0.6

News and Social Media Coverage

MarketBeat Follows
1 people have added ESCO Technologies to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

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 1.80% of the stock of ESCO Technologies is held by insiders.
Percentage Held by Institutions
93.45% of the stock of ESCO Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for ESCO Technologies are expected to grow by 11.72% in the coming year, from $3.67 to $4.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ESCO Technologies is 29.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of ESCO Technologies is 29.59, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.34.
Price to Book Value per Share Ratio
ESCO Technologies has a P/B Ratio of 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About ESCO Technologies (NYSE:ESE) Stock

ESCO Technologies Inc. produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test segments. 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 Shielding and Test 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 and filters, active compensation systems, antennas, antenna masts, turntables, electric and magnetic probes, RF test cells, proprietary measurement software, and other test accessories to perform various tests. It also provides services, such as calibration for antennas and field probes, chamber certification, field surveys, customer training, and various product 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 St. Louis, Missouri.

ESE Price History

30 days | 90 days | 365 days | Advanced Chart

ESE Stock News Headlines

September 19, 2023 | finance.yahoo.com

Esco Technologies (ESE) Moves to Buy: Rationale Behind the Upgrade

September 19, 2023 | finance.yahoo.com

Is DXP Enterprises (DXPE) Stock Outpacing Its Industrial Products Peers This Year?

October 2, 2023 | Porter and Company (Ad)

Top Analyst Exposes Imminent Crisis Hurtling Towards America

The man who warned of the dot-com blow up, the 2008 housing collapse, and the loss of America’s AAA rating makes a shocking prediction…

September 13, 2023 | finance.yahoo.com

ESCO Technologies to Present at Sidoti Virtual Investor Conference

September 11, 2023 | finance.yahoo.com

Is ESCO Technologies Inc.'s (NYSE:ESE) Stock Price Struggling As A Result Of Its Mixed Financials?

August 28, 2023 | msn.com

ESCO Technologies An Underappreciated Gem With Massive Growth Potential, Analyst Says

August 25, 2023 | seekingalpha.com

ESCO Technologies: A Fairly Valued Stock

August 9, 2023 | finance.yahoo.com

ESCO Technologies Inc: A Strong Contender in the Hardware Industry with a High GF Score

October 2, 2023 | Behind the Markets (Ad)

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August 9, 2023 | finanznachrichten.de

ESCO Technologies Inc.: ESCO Reports Third Quarter Fiscal 2023 Results

August 8, 2023 | finance.yahoo.com

ESCO Reports Third Quarter Fiscal 2023 Results

July 18, 2023 | finance.yahoo.com

ESCO Technologies Announces Third Quarter 2023 Earnings Release and Conference Call

July 11, 2023 | finance.yahoo.com

Is Now An Opportune Moment To Examine ESCO Technologies Inc. (NYSE:ESE)?

June 13, 2023 | seekingalpha.com

ESCO Technologies: Trading At A Conglomerate Premium

June 8, 2023 | finance.yahoo.com

ESCO Technologies (NYSE:ESE) Has More To Do To Multiply In Value Going Forward

May 25, 2023 | finance.yahoo.com

The total return for ESCO Technologies (NYSE:ESE) investors has risen faster than earnings growth over the last five years

May 12, 2023 | msn.com

Esco Technologies (ESE) Declares $0.08 Dividend

May 10, 2023 | finance.yahoo.com

Q2 2023 ESCO Technologies Inc Earnings Call

May 10, 2023 | finanznachrichten.de

ESCO Technologies Inc.: ESCO Reports Second Quarter Fiscal 2023 Results

May 9, 2023 | msn.com

ESCO Technologies reports FQ2 results, raises FY 2023 revenue guidance

May 9, 2023 | finance.yahoo.com

ESCO Reports Second Quarter Fiscal 2023 Results

May 2, 2023 | finance.yahoo.com

Here's Why We Think ESCO Technologies (NYSE:ESE) Might Deserve Your Attention Today

April 19, 2023 | finance.yahoo.com

ESCO Technologies Announces Second Quarter 2023 Earnings Release and Conference Call

April 19, 2023 | finance.yahoo.com

Esco Technologies (ESE) is on the Move, Here's Why the Trend Could be Sustainable

April 18, 2023 | finance.yahoo.com

A Look At The Fair Value Of ESCO Technologies Inc. (NYSE:ESE)

April 3, 2023 | finance.yahoo.com

Recent Price Trend in Esco Technologies (ESE) is Your Friend, Here's Why

March 31, 2023 | uk.finance.yahoo.com

ESCO Technologies Inc. (ET7.F)

See More Headlines

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ESE Company Calendar

Ex-Dividend for 7/19 Dividend: 7/03/2023
Dividend Payable: 7/19/2023
Last Earnings: 8/08/2023
Today: 10/02/2023
Ex-Dividend for 10/17 Dividend: 10/02/2023
Dividend Payable: 10/17/2023
Next Earnings (Estimated): 11/16/2023
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Communications equipment, not elsewhere classified
Sub-Industry: Industrial Machinery
Sector: Industrial Products
Current Symbol: NYSE:ESE
CUSIP: 29631510
CIK: 866706
Web: www.escotechnologies.com
Phone: (314) 213-7200
Fax: 314-213-7250
Employees: 2,922
Year Founded: 1990

Price Target and Rating

Average Stock Price Forecast: $120.00
High Stock Price Forecast: $120.00
Low Stock Price Forecast: $120.00
Forecasted Upside/Downside: +14.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.53
Trailing P/E Ratio: 29.59
Forward P/E Ratio: 28.46
P/E Growth: N/A
Net Income: $82.32 million
Net Margins: 9.74%
Pretax Margin: 12.57%
Return on Equity: 8.83%
Return on Assets: 5.69%

Debt

Debt-to-Equity Ratio: 0.12
Current Ratio: 1.92
Quick Ratio: 1.30

Sales & Book Value

Annual Sales: $857.50 million
Price / Sales: 3.14
Cash Flow: $5.10 per share
Price / Cash Flow: 20.46
Book Value: $40.55 per share
Price / Book: 2.58

Miscellaneous

Outstanding Shares: 25,780,000
Free Float: 25,319,000
Market Cap: $2.69 billion
Optionable: Optionable
Beta: 1.12

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Key Executives

Mr. Christopher L. Tucker (Age 52)
Sr. VP & CFO
Comp: $1.12M

Mr. David M. Schatz (Age 59)
Sr. VP, Sec. & Gen. Counsel
Comp: $2.82M

Mr. Bryan H. Sayler (Age 56)
Pres, CEO & Director

Kate Lowrey
VP of Investor Relations

Deborah Boniske
VP of HR

Mr. Gary E. Muenster (Age 63)
Strategic Advisor

May Scally
Chief Operating Officer of Morgan Schaffer Ltd.

Mr. Matthew Carrara
Pres of Doble Engineering Company & Utility Solutions Group

Mr. Mike Alfred
Pres of Crissair, Inc.

Mr. Antonio E. Gonzalez
Pres of VACCO Industries

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ESE Stock - Frequently Asked Questions

Should I buy or sell ESCO Technologies stock right now?: 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.
What is ESCO Technologies' stock price forecast for 2023?: 1 analysts have issued 1 year target prices for ESCO Technologies' stock. Their ESE share price forecasts range from $120.00 to $120.00. On average, they anticipate the company's stock price to reach $120.00 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price.
View analysts price targets for ESE or view top-rated stocks among Wall Street analysts.
How have ESE shares performed in 2023?: ESCO Technologies' stock was trading at $87.54 at the start of the year. Since then, ESE shares have increased by 19.3% and is now trading at $104.44.
View the best growth stocks for 2023 here.
When is ESCO Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our ESE earnings forecast.
How were ESCO Technologies' earnings last quarter?: ESCO Technologies Inc. (NYSE:ESE) issued its quarterly earnings results on Tuesday, August, 8th. The scientific and technical instruments company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.10. The scientific and technical instruments company had revenue of $248.75 million for the quarter, compared to the consensus estimate of $238.73 million. ESCO Technologies had a trailing twelve-month return on equity of 8.83% and a net margin of 9.74%. The firm's quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.89 EPS.
How often does ESCO Technologies pay dividends? What is the dividend yield for ESCO Technologies?: ESCO Technologies declared a quarterly dividend on Tuesday, August 8th. Shareholders of record on Tuesday, October 3rd will be given a dividend of $0.08 per share on Tuesday, October 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Monday, October 2nd.
Read our dividend analysis for ESE.
What ETFs hold ESCO Technologies' stock?: ETFs with the largest weight of ESCO Technologies (NYSE:ESE) stock in their portfolio include SPDR S&P Kensho Final Frontiers ETF (ROKT), Invesco S&P SmallCap Industrials ETF (PSCI), Nuveen Small Cap Select ETF (NSCS), Invesco WilderHill Clean Energy ETF (PBW) and Invesco S&P SmallCap Momentum ETF (XSMO).SPDR S&P 600 Small Cap ETF (SLY).
Is ESCO Technologies a good dividend stock?: ESCO Technologies (NYSE:ESE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.31%. The dividend payout ratio is 9.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESE will have a dividend payout ratio of 7.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESE.

What guidance has ESCO Technologies issued on next quarter's earnings?: ESCO Technologies issued an update on its fourth quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $1.17-$1.23 for the period, compared to the consensus earnings per share estimate of $1.31. The company issued revenue guidance of -.
What is Vic Richey Jr.'s approval rating as ESCO Technologies' CEO?: 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.
What other stocks do shareholders of ESCO Technologies own?: 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).
What is ESCO Technologies' stock symbol?: ESCO Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESE."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is ESCO Technologies' stock price today?: One share of ESE stock can currently be purchased for approximately $104.44.
How much money does ESCO Technologies make?: ESCO Technologies (NYSE:ESE) has a market capitalization of $2.69 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 $3.53 on an earnings per share basis.
How many employees does ESCO Technologies have?: The company employs 2,922 workers across the globe.
Does ESCO Technologies have any subsidiaries?: The following companies are subsidiares of ESCO Technologies: Altanova, Beijing Lindgren ElectronMagnetic Technology Co. Ltd., Canyon Engineering Products Inc., Crissair, Crissair Inc., Doble Engineering Company, Doble Engineering Company, Doble Lemke GmbH, Doble PowerTest Limited, ESCO International Holding Inc., ESCO Technologies Holding LLC, ESCO UK Global Holdings Ltd, ETS-Lindgren Inc., ETS-Lindgren OY, ETS-Lindgren Technology (Tianjin) Co. Ltd., Globe Composite Solutions LLC, Globe Composite Solutions LLC, Hexagram Inc., Hi-Tech Metals Inc., I.S.A. – Altanova Group S.r.l., LDIC GmbH, Manta Test Systems Inc, Mayday Manufacturing Co., Mayday Manufacturing Co., Morgan Schaffer Ltd., Morgan Schaffer Ltd., NRG Systems, NRG Systems Inc., Networks Electronic Company LLC, Networks Electronic Company LLC, Nexus Energy Software, PTI Technologies Inc., VACCO Industries, Vanguard Instruments Company Inc, Westland Technologies Inc., and Westland Technologies Inc..
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How can I contact ESCO Technologies?: 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.

This page (NYSE:ESE) was last updated on 10/2/2023 by MarketBeat.com Staff

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