Canaccord Genuity Reiterates Hold on ESCO Technologies (ESE)

By admin | 6 years ago

ESCO Technologies (NYSE: ESE)‘s stock had its “hold” rating restated by analysts at Canaccord Genuity in a research report issued to clients and investors on Thursday.

Other equities research analysts have also recently issued reports about the stock. Analysts at Needham & Company raised their price target on shares of ESCO Technologies from $36.00 to $39.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Analysts at Pacific Crest upgraded shares of ESCO Technologies from a “sector perform” rating to an “outperform” rating in a research note to investors on Thursday.

Shares of ESCO Technologies opened at 34.21 on Thursday. ESCO Technologies has a one year low of $23.75 and a one year high of $38.37. The company has a market cap of $912.9 million and a P/E ratio of 19.66.

ESCO Technologies last issued its quarterly earnings data on Wednesday, May 9th. The company reported $0.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.43 by $0.05. The company’s quarterly revenue was up 4.3% on a year-over-year basis. On average, analysts predict that ESCO Technologies will post $0.82 earnings per share next quarter.

ESCO Technologies Inc. (ESCO) is a producer of engineered products and systems sold to customers worldwide, primarily for utility, industrial, aerospace and commercial applications.

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