News coverage about ESCO Technologies (NYSE:ESE) has been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ESCO Technologies earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news articles about the scientific and technical instruments company an impact score of 46.3009453878984 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
ESE opened at $58.30 on Friday. ESCO Technologies has a 12-month low of $50.30 and a 12-month high of $66.80. The company has a market capitalization of $1,506.76, a PE ratio of 28.30 and a beta of 0.97. The company has a quick ratio of 1.36, a current ratio of 2.10 and a debt-to-equity ratio of 0.34.
ESCO Technologies (NYSE:ESE) last released its quarterly earnings data on Tuesday, February 6th. The scientific and technical instruments company reported $0.33 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.33. ESCO Technologies had a return on equity of 8.20% and a net margin of 10.89%. The company had revenue of $173.50 million during the quarter, compared to analysts’ expectations of $168.53 million. During the same period last year, the firm posted $0.47 earnings per share. The business’s revenue was up 18.5% on a year-over-year basis. equities research analysts anticipate that ESCO Technologies will post 2.65 earnings per share for the current fiscal year.
Several research analysts recently commented on the company. Zacks Investment Research cut ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, April 10th. ValuEngine raised ESCO Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, April 4th. Finally, B. Riley set a $71.00 price objective on ESCO Technologies and gave the company a “buy” rating in a research report on Thursday, February 8th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. ESCO Technologies has an average rating of “Buy” and an average price target of $69.00.
In other news, SVP Alyson S. Barclay sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the sale, the senior vice president now directly owns 101,658 shares of the company’s stock, valued at $6,302,796. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Larry W. Solley sold 4,288 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $61.90, for a total value of $265,427.20. Following the completion of the sale, the director now directly owns 24,750 shares of the company’s stock, valued at $1,532,025. The disclosure for this sale can be found here. Company insiders own 2.60% of the company’s stock.
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About ESCO Technologies
ESCO Technologies Inc (ESCO) is a producer of engineered products and systems sold to customers for utility, industrial, aerospace and commercial applications. The Company operates through four segments: Filtration/Fluid Flow (Filtration), RF Shielding and Test (Test), Utility Solutions Group (USG) and Technical Packaging.
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