Esterline Technologies Co. (NYSE:ESL) Director Nils Larsen acquired 1,450 shares of Esterline Technologies stock in a transaction on Tuesday, December 5th. The shares were bought at an average price of $70.10 per share, with a total value of $101,645.00. Following the purchase, the director now directly owns 4,140 shares in the company, valued at approximately $290,214. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Nils Larsen also recently made the following trade(s):

  • On Tuesday, November 14th, Nils Larsen purchased 1,450 shares of Esterline Technologies stock. The stock was acquired at an average price of $70.51 per share, with a total value of $102,239.50.

Shares of Esterline Technologies Co. (NYSE:ESL) traded down $0.65 during trading on Friday, hitting $69.85. The stock had a trading volume of 355,654 shares, compared to its average volume of 377,035. The firm has a market cap of $2,094.38, a PE ratio of 15.98, a P/E/G ratio of 1.49 and a beta of 1.43. Esterline Technologies Co. has a fifty-two week low of $68.30 and a fifty-two week high of $102.70. The company has a current ratio of 3.25, a quick ratio of 2.03 and a debt-to-equity ratio of 0.41.

Esterline Technologies (NYSE:ESL) last released its quarterly earnings data on Thursday, November 9th. The aerospace company reported $1.27 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.26). Esterline Technologies had a net margin of 5.86% and a return on equity of 7.68%. The business had revenue of $531.50 million during the quarter, compared to analyst estimates of $540.55 million. During the same quarter in the prior year, the company posted $1.96 earnings per share. The company’s revenue was down 2.3% on a year-over-year basis. research analysts forecast that Esterline Technologies Co. will post 3.85 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its stake in Esterline Technologies by 13.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,092 shares of the aerospace company’s stock worth $104,000 after purchasing an additional 133 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Esterline Technologies by 11.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,184 shares of the aerospace company’s stock worth $112,000 after purchasing an additional 120 shares in the last quarter. Flinton Capital Management LLC lifted its stake in Esterline Technologies by 57.4% during the second quarter. Flinton Capital Management LLC now owns 1,360 shares of the aerospace company’s stock worth $129,000 after purchasing an additional 496 shares in the last quarter. Pacad Investment Ltd. lifted its stake in Esterline Technologies by 100.0% during the second quarter. Pacad Investment Ltd. now owns 1,800 shares of the aerospace company’s stock worth $171,000 after purchasing an additional 900 shares in the last quarter. Finally, Teacher Retirement System of Texas purchased a new stake in shares of Esterline Technologies during the second quarter worth $202,000. Hedge funds and other institutional investors own 91.26% of the company’s stock.

Several brokerages recently weighed in on ESL. ValuEngine lowered Esterline Technologies from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Canaccord Genuity cut their price target on Esterline Technologies from $92.00 to $90.00 and set a “hold” rating for the company in a research note on Friday, November 10th. Seaport Global Securities began coverage on Esterline Technologies in a research note on Tuesday, September 12th. They issued a “neutral” rating and a $93.00 price target for the company. Zacks Investment Research upgraded Esterline Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Finally, Drexel Hamilton lowered Esterline Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $90.33.

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Esterline Technologies Company Profile

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. The Company operates through three segments: Avionics & Controls, Sensors & Systems, and Advanced Materials.

Insider Buying and Selling by Quarter for Esterline Technologies (NYSE:ESL)

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