ESCO Technologies (ESE) Stock Forecast, Price & News

1 Wall Street research 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 research analysts is that investors should "buy" ESE shares.
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1 brokerages have issued 12-month price targets for ESCO Technologies' stock. Their ESE share price forecasts range from $120.00 to $120.00. On average, they expect the company's stock price to reach $120.00 in the next twelve months. This suggests a possible upside of 11.4% 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 start of the year. Since then, ESE shares have increased by 23.0% and is now trading at $107.68.
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ESCO Technologies saw a increase in short interest in August. As of August 15th, there was short interest totaling 182,400 shares, an increase of 15.3% from the July 31st total of 158,200 shares. Based on an average daily trading volume, of 105,300 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.7% of the company's stock are sold short.
View ESCO Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our ESE earnings forecast.

ESCO Technologies Inc. (NYSE:ESE) posted its quarterly earnings results on Tuesday, August, 8th. The scientific and technical instruments company reported $1.09 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $238.73 million. ESCO Technologies had a net margin of 9.74% and a trailing twelve-month return on equity of 8.83%. The business's revenue for the quarter was up 13.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.89 EPS.

ESCO Technologies announced a quarterly dividend on Tuesday, August 8th. Stockholders of record on Tuesday, October 3rd will be paid a dividend of $0.08 per share on Tuesday, October 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend is Monday, October 2nd.
Read our dividend analysis for ESE.

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).

ESCO Technologies (NYSE:ESE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.30%. 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.

ESCO Technologies issued an update on its fourth quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided 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 -.

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 shareholders include BlackRock Inc. (15.45%), Dimensional Fund Advisors LP (5.38%), Champlain Investment Partners LLC (4.71%), Conestoga Capital Advisors LLC (3.82%), State Street Corp (3.68%) and Geneva Capital Management LLC (3.37%).
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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 $107.68.

ESCO Technologies (NYSE:ESE) has a market capitalization of $2.78 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.

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.