Esterline Technologies Corp. (NYSE:ESL) gapped down before the market opened on Monday . The stock had previously closed at $76.67, but opened at $77.13. Esterline Technologies Corp. shares last traded at $78.71, with a volume of 155,200 shares changing hands.

Several brokerages have weighed in on ESL. Drexel Hamilton raised shares of Esterline Technologies Corp. from a “hold” rating to a “buy” rating and set a $86.00 price target for the company in a research report on Monday, August 15th. Jefferies Group reissued a “buy” rating and set a $87.00 price target on shares of Esterline Technologies Corp. in a research report on Friday, August 5th. Canaccord Genuity reissued a “hold” rating and set a $75.00 price target on shares of Esterline Technologies Corp. in a research report on Wednesday, May 11th. Goldman Sachs Group Inc. dropped their price target on shares of Esterline Technologies Corp. from $62.00 to $61.00 and set a “neutral” rating for the company in a research report on Monday, May 9th. Finally, Zacks Investment Research raised shares of Esterline Technologies Corp. from a “sell” rating to a “hold” rating in a research report on Monday, August 8th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $79.67.

The company has a 50 day moving average of $69.40 and a 200-day moving average of $65.16. The company has a market capitalization of $2.31 billion and a PE ratio of 48.71.

Esterline Technologies Corp. (NYSE:ESL) last released its quarterly earnings data on Thursday, August 4th. The company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.10. The company had revenue of $517.10 million for the quarter, compared to the consensus estimate of $490.37 million. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. Equities analysts predict that Esterline Technologies Corp. will post $4.51 earnings per share for the current year.

In related news, EVP Albert S. Yost sold 10,800 shares of the business’s stock in a transaction on Friday, August 26th. The shares were sold at an average price of $76.32, for a total value of $824,256.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Select Drawdown Fund L.P. Fpa purchased 5,340 shares of Esterline Technologies Corp. stock in a transaction that occurred on Tuesday, August 2nd. The stock was acquired at an average price of $59.83 per share, for a total transaction of $319,492.20. The disclosure for this purchase can be found here.

Esterline Technologies Corporation is a specialized manufacturing company. The Company designs, manufactures and markets engineered products and systems for application within the industries it serves. It operates through three segments: Avionics & Controls, Sensors & Systems, and Advanced Materials.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.