Esterline Technologies Corp. Price Target Increased to $112.00 by Analysts at Canaccord Genuity (ESL)
Stock analysts at Canaccord Genuity boosted their price objective on shares of Esterline Technologies Corp. (NYSE:ESL) from $111.00 to $112.00 in a report issued on Friday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price target suggests a potential upside of 1.07% from the company’s current price.
Separately, analysts at Ned Davis Research upgraded shares of Esterline Technologies Corp. from a “neutral” rating to a “buy” rating in a research note on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. Esterline Technologies Corp. currently has an average rating of “Hold” and a consensus target price of $102.82.
Esterline Technologies Corp. (NYSE:ESL) opened at 110.81 on Friday. Esterline Technologies Corp. has a 52 week low of $69.16 and a 52 week high of $113.06. The stock has a 50-day moving average of $107.7 and a 200-day moving average of $102.2. The company has a market cap of $3.525 billion and a P/E ratio of 20.73.
Esterline Technologies Corp. (NYSE:ESL) last issued its quarterly earnings data on Thursday, May 29th. The company reported $1.14 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.31 by $0.17. The company had revenue of $529.60 million for the quarter, compared to the consensus estimate of $521.48 million. During the same quarter last year, the company posted $1.12 earnings per share. Esterline Technologies Corp.’s revenue was up 6.0% compared to the same quarter last year. On average, analysts predict that Esterline Technologies Corp. will post $5.69 earnings per share for the current fiscal year.
Esterline Technologies Corporation (NYSE:ESL) is a manufacturing company serving aerospace and defense customers.
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