ESCO Technologies (ESE) Given Daily Coverage Optimism Rating of 0.22

News articles about ESCO Technologies (NYSE:ESE) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. 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 news impact score of 0.22 on Accern’s scale. Accern also assigned media headlines about the scientific and technical instruments company an impact score of 46.7036533980585 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

ESCO Technologies stock opened at $59.65 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.10 and a quick ratio of 1.36. ESCO Technologies has a 52 week low of $50.30 and a 52 week high of $66.80. The stock has a market cap of $1,544.23, a P/E ratio of 29.00 and a beta of 0.97.

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ESCO Technologies (NYSE:ESE) last released its earnings results on Tuesday, February 6th. The scientific and technical instruments company reported $0.33 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.33. ESCO Technologies had a return on equity of 8.20% and a net margin of 10.89%. The firm had revenue of $173.50 million during the quarter, compared to the consensus estimate of $168.53 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue was up 18.5% compared to the same quarter last year. equities analysts anticipate that ESCO Technologies will post 2.65 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 18th. Investors of record on Tuesday, April 3rd were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date was Monday, April 2nd.

Several equities research analysts have weighed in on ESE shares. Zacks Investment Research raised ESCO Technologies from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 16th. ValuEngine raised ESCO Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, April 4th. Finally, B. Riley set a $71.00 price target on ESCO Technologies and gave the stock a “buy” rating in a report on Monday, February 26th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $69.00.

In related news, Director Larry W. Solley sold 4,288 shares of ESCO Technologies stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $61.90, for a total transaction of $265,427.20. Following the completion of the sale, the director now owns 24,750 shares of the company’s stock, valued at $1,532,025. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Alyson S. Barclay sold 5,000 shares of ESCO Technologies stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $62.00, for a total value of $310,000.00. Following the sale, the senior vice president now directly owns 101,658 shares of the company’s stock, valued at approximately $6,302,796. The disclosure for this sale can be found here. Insiders own 2.60% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for ESCO Technologies (NYSE:ESE)

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