ESCO Technologies (NYSE:ESE – Get Free Report) announced its quarterly earnings data on Thursday. The scientific and technical instruments company reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.05, Briefing.com reports. ESCO Technologies had a return on equity of 8.83% and a net margin of 9.74%. The company had revenue of $272.65 million for the quarter, compared to analysts’ expectations of $267.32 million. During the same quarter in the prior year, the business posted $1.21 EPS. The business’s revenue was up 6.3% compared to the same quarter last year.
ESCO Technologies Stock Up 1.4 %
ESE opened at $104.97 on Friday. ESCO Technologies has a 1-year low of $85.01 and a 1-year high of $109.57. The stock’s fifty day simple moving average is $102.49 and its 200 day simple moving average is $100.60. The company has a current ratio of 1.92, a quick ratio of 1.30 and a debt-to-equity ratio of 0.12. The stock has a market cap of $2.71 billion, a PE ratio of 29.74 and a beta of 1.10.
ESCO Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 19th. Investors of record on Thursday, January 4th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend is Wednesday, January 3rd. ESCO Technologies’s dividend payout ratio (DPR) is presently 9.07%.
Institutional Investors Weigh In On ESCO Technologies
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on ESE shares. Stephens reiterated an “overweight” rating and set a $120.00 price objective on shares of ESCO Technologies in a research note on Monday, August 28th. StockNews.com started coverage on ESCO Technologies in a research note on Thursday, October 5th. They set a “buy” rating on the stock.
About ESCO Technologies
ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test segments. 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.
- Five stocks we like better than ESCO Technologies
- How to Invest in Blue Chip Stocks
- MarketBeat Week in Review – 11/13 – 11/17
- How to Choose Top Rated Stocks
- 3 large caps with red hot RSIs with upside
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Johnson Controls International: Nothing but upside for investors
Receive News & Ratings for ESCO Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESCO Technologies and related companies with MarketBeat.com's FREE daily email newsletter.