ESCO Technologies (ESE) Scheduled to Post Earnings on Thursday

ESCO Technologies (NYSE:ESE) will announce its earnings results after the market closes on Thursday, May 9th. Parties that wish to listen to the company’s conference call can do so using this link.

ESCO Technologies (NYSE:ESE) last announced its quarterly earnings data on Thursday, February 8th. The scientific and technical instruments company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.05). ESCO Technologies had a net margin of 9.60% and a return on equity of 8.59%. The company had revenue of $218.30 million for the quarter, compared to the consensus estimate of $221.44 million. During the same period last year, the business posted $0.60 earnings per share. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. On average, analysts expect ESCO Technologies to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

ESCO Technologies Stock Up 1.2 %

Shares of ESCO Technologies stock opened at $109.24 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.31 and a current ratio of 1.98. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 30.34 and a beta of 1.14. ESCO Technologies has a 52-week low of $89.77 and a 52-week high of $118.60. The company’s 50 day moving average price is $102.56 and its 200-day moving average price is $103.97.

ESCO Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 16th. Shareholders of record on Monday, April 1st were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $0.32 annualized dividend and a yield of 0.29%. ESCO Technologies’s dividend payout ratio (DPR) is presently 8.89%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 17th.

Insider Activity at ESCO Technologies

In other ESCO Technologies news, Director Leon J. Olivier sold 900 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $100.26, for a total transaction of $90,234.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.80% of the stock is owned by company insiders.

ESCO Technologies Company Profile

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.