Esterline Technologies Co. (NYSE:ESL) major shareholder Hawkeye Fund Fpa sold 6,000 shares of the stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $75.63, for a total value of $453,780.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Esterline Technologies Co. (NYSE ESL) traded down $0.15 during trading on Thursday, reaching $75.65. The company had a trading volume of 146,700 shares, compared to its average volume of 157,750. The firm has a market cap of $2,252.91, a P/E ratio of 19.40, a PEG ratio of 1.62 and a beta of 1.43. Esterline Technologies Co. has a twelve month low of $68.30 and a twelve month high of $102.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.25 and a quick ratio of 2.03.
Esterline Technologies (NYSE:ESL) last issued its quarterly earnings data on Thursday, November 9th. The aerospace company reported $1.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.53 by ($0.26). The business had revenue of $531.50 million for the quarter, compared to analyst estimates of $540.55 million. Esterline Technologies had a return on equity of 7.68% and a net margin of 5.86%. The business’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.96 EPS. equities research analysts predict that Esterline Technologies Co. will post 3.85 EPS for the current fiscal year.
A number of research analysts have commented on ESL shares. Seaport Global Securities started coverage on Esterline Technologies in a research report on Tuesday, September 12th. They issued a “neutral” rating and a $93.00 price objective on the stock. Credit Suisse Group reissued a “neutral” rating and issued a $70.00 price target (down previously from $100.00) on shares of Esterline Technologies in a research note on Tuesday, December 12th. SunTrust Banks downgraded Esterline Technologies from a “buy” rating to a “hold” rating and set a $106.00 price target on the stock. in a research note on Friday, November 10th. ValuEngine raised Esterline Technologies from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Canaccord Genuity reissued a “hold” rating on shares of Esterline Technologies in a research note on Friday, October 13th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Esterline Technologies has an average rating of “Hold” and a consensus price target of $85.33.
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Esterline Technologies Company Profile
Esterline Technologies Corporation is a specialized manufacturing company. The Company designs, manufactures and markets engineered products and systems for application within the industries it serves. The Company operates through three segments: Avionics & Controls, Sensors & Systems, and Advanced Materials.
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