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.

Several price targets were given for ESL by the analysts covering the stock. The highest price target was 108, implying a possible profit of 12.73 percent. The most pessimistic price target was 90, which equates to a potential downside 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. The average change in earnings estimates over the last 90 days is -1.89 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.08 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of ESL's earnings is estimated by analysts to be 8.37 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ESL is 2.57.

In the last 52-weeks, ESL has achieved a high of 102.70 and a low of 59.56. Today's price is 60.85 percent above the 52-week low, and 6.72 percent below the 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's next earnings release will be on 0000-00-00, which is days away.