ESCO Technologies (NYSE:ESE) updated its FY19 earnings guidance on Thursday. The company provided earnings per share guidance of $2.95-3.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.06. ESCO Technologies also updated its FY 2019 guidance to $2.95-3.05 EPS.

Several equities analysts have recently weighed in on the stock. Stephens set a $67.00 target price on shares of ESCO Technologies and gave the stock a hold rating in a research note on Sunday, August 19th. Zacks Investment Research upgraded shares of ESCO Technologies from a hold rating to a buy rating and set a $74.00 target price for the company in a research note on Thursday, August 9th. ValuEngine upgraded shares of ESCO Technologies from a hold rating to a buy rating in a research note on Wednesday, August 8th. Finally, B. Riley set a $80.00 target price on shares of ESCO Technologies and gave the stock a buy rating in a research note on Wednesday, August 8th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of $73.67.

ESE stock opened at $63.78 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.05 and a quick ratio of 1.32. ESCO Technologies has a 12 month low of $54.35 and a 12 month high of $70.20. The company has a market capitalization of $1.63 billion, a PE ratio of 26.98 and a beta of 0.99.

ESCO Technologies (NYSE:ESE) last released its quarterly earnings data on Thursday, November 15th. The scientific and technical instruments company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. ESCO Technologies had a net margin of 11.09% and a return on equity of 8.76%. The company had revenue of $231.09 million during the quarter, compared to analyst estimates of $228.93 million. Equities research analysts predict that ESCO Technologies will post 2.68 EPS for the current year.

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ESCO Technologies Company Profile

ESCO Technologies Inc, through its subsidiaries, produces and supplies engineered products and systems for utility, industrial, aerospace, and commercial applications worldwide. The company's Filtration segment supplies filtration and fluid control products, including filter elements, manifolds, assemblies, modules, indicators, custom and standard valves, filters, regulators, actuators, and other related components; and elastomeric-based signature reduction solutions.

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