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 most optimistic analyst gave a price target of 108, implying a possible profit of 12.73 percent. The most pessimistic analyst gave a price target of 90, which equates to a potential downside of -6.05 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. ESL has a PEG ratio of 2.57.

In the trailing 52-weeks, ESL hit 102.70 at the highest peak, while it's lowest trading point was 59.56. Today's price is 60.85 percent above the 52-week 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 stock has a market capitalization of $2.89 billion. ESL's next earnings release will be on 0000-00-00, which is days away.