ESCO Technologies (NYSE:ESE) Updates Q1 Earnings Guidance

ESCO Technologies (NYSE:ESE) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.68-0.75 for the period, compared to the consensus EPS estimate of $0.75. ESCO Technologies also updated its FY25 guidance to $4.70-4.90 EPS.

Analyst Ratings Changes

ESE has been the subject of a number of recent analyst reports. Stephens upped their target price on ESCO Technologies from $135.00 to $145.00 and gave the company an “overweight” rating in a research report on Friday, September 27th. Benchmark reiterated a “buy” rating and set a $150.00 price objective on shares of ESCO Technologies in a research note on Tuesday, November 5th.

ESCO Technologies Stock Performance

ESE traded down $3.31 during midday trading on Thursday, reaching $140.00. The company had a trading volume of 281,441 shares, compared to its average volume of 125,619. The business has a 50-day moving average price of $126.87 and a two-hundred day moving average price of $116.94. ESCO Technologies has a 12-month low of $96.69 and a 12-month high of $147.80. The stock has a market cap of $3.61 billion, a PE ratio of 36.19 and a beta of 1.08. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.39 and a current ratio of 2.10.

ESCO Technologies Company Profile

ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines.