ESCO Technologies (NYSE:ESE) Issues Q1 Earnings Guidance

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

ESCO Technologies Price Performance

Shares of NYSE ESE traded down $3.31 on Thursday, hitting $140.00. The company’s stock had a trading volume of 281,444 shares, compared to its average volume of 125,619. The stock has a 50 day moving average of $126.87 and a 200-day moving average of $116.94. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 36.27 and a beta of 1.08. ESCO Technologies has a 12-month low of $96.69 and a 12-month high of $147.80. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.10 and a quick ratio of 1.39.

Analysts Set New Price Targets

Several equities analysts have weighed in on ESE shares. Stephens raised their price target on ESCO Technologies from $135.00 to $145.00 and gave the stock 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 report on Tuesday, November 5th.

About ESCO Technologies

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.