Media headlines about ESCO Technologies (NYSE:ESE) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. ESCO Technologies earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the scientific and technical instruments company an impact score of 45.7736699637773 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of research analysts have recently commented on ESE shares. FBR & Co reissued an “outperform” rating on shares of ESCO Technologies in a research report on Tuesday, July 11th. Wunderlich started coverage on shares of ESCO Technologies in a research report on Tuesday, June 13th. They issued a “buy” rating and a $71.00 price objective for the company. Finally, BidaskClub raised shares of ESCO Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 24th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $66.50.
Shares of ESCO Technologies (NYSE ESE) opened at 53.95 on Friday. The company’s 50 day moving average is $59.34 and its 200 day moving average is $57.77. ESCO Technologies has a one year low of $42.95 and a one year high of $63.80. The company has a market cap of $1.39 billion, a P/E ratio of 27.25 and a beta of 1.01.
ESCO Technologies (NYSE:ESE) last announced its earnings results on Tuesday, August 8th. The scientific and technical instruments company reported $0.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.01. The company had revenue of $172 million during the quarter, compared to the consensus estimate of $172 million. ESCO Technologies had a net margin of 8.06% and a return on equity of 8.36%. The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 earnings per share. On average, equities analysts predict that ESCO Technologies will post $2.08 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 17th. Stockholders of record on Tuesday, October 3rd will be issued a $0.08 dividend. The ex-dividend date is Monday, October 2nd. This represents a $0.32 annualized dividend and a dividend yield of 0.59%. ESCO Technologies’s dividend payout ratio is currently 16.16%.
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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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