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 highest price target was 108, which equates to a potential upside of 12.73 percent. The most pessimistic price target was 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -1.89 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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. 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 below the high by 6.72 percent. 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 market cap of ESL is $2.89 billion. ESL will post this quarters earnings in days, on 0000-00-00.