ESCO Technologies Inc. (NYSE: ESE) has reported E.P.S. of $0.90 for its second fiscal quarter (ending March 31) versus $0.69 for the same period a year ago — an increase of 30%. However, this result fell short of the consensus estimate of $1.00 by $-0.10. For the latest four quarters through March 31, E.P.S. were $3.81 compared to $3.35 a year ago — an increase of 14%.
Recent Price Action
ESCO Technologies Inc. (NYSE: ESE) stock closed at $111.45 on 5/9/24 after an increase of 1.8%. Trading volume in this advance was normal. The stock has risen 9.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, ESE is expected to continue to be a Value Builder.
ESCO Technologies has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. ESCO Technologies has a neutral Power Rating of 42 and a slightly negative Appreciation Score of 32, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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