ESCO Technologies Inc. (NYSE:ESE) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of $0.28-0.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.56. ESCO Technologies also updated its FY18 guidance to $2.30-2.40 EPS.
ESCO Technologies Inc. (NYSE:ESE) remained flat at $$57.55 during trading hours on Tuesday. 134,800 shares of the company’s stock traded hands, compared to its average volume of 82,463. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.42 and a current ratio of 2.17. ESCO Technologies Inc. has a 12 month low of $50.15 and a 12 month high of $63.80. The company has a market capitalization of $1,486.70, a P/E ratio of 28.49 and a beta of 1.01.
A number of analysts recently issued reports on ESE shares. BidaskClub upgraded ESCO Technologies from a buy rating to a strong-buy rating in a research note on Monday, July 24th. Zacks Investment Research upgraded ESCO Technologies from a hold rating to a buy rating and set a $68.00 price objective on the stock in a research note on Tuesday, October 3rd. Finally, B. Riley reiterated a buy rating on shares of ESCO Technologies in a research note on Wednesday, November 1st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of $67.00.
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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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