Analyst Ratings for Esterline Technologies Corp. (ESL)

Updated: 2017-07-27

Shares of Esterline Technologies Corp. (NYSE:ESL) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for ESL last month.

Of the 10 analysts covering the stock, 4 gave it a buy rating, 0 issued an overweight rating, 5 gave a hold rating, 1 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

A number of analysts gave price targets for ESL. The maximum price target given was 108, which equates to a potential upside of 12.73 percent. The most pessimistic analyst gave a price target of 90, implying potential capital losses of -6.05 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.89 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.08 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

ESL has an estimated earnings growth rate of 8.37 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ESL is 2.57.

ESL has traded between a high of 102.70 and a low of 59.56 over the past year. Currently the stock is 60.85 percent higher than its low, and 6.72 percent lower than its 52-week high. ESL has a price/earnings ratio of 21.49. Investors typically compare the P/E ratio to a company's peers in the industry. The ESL value stock report compares ESL to some of its peers using value stock charts. The stock has a market capitalization of $2.89 billion. ESL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.