Stock To Watch: Esterline Technologies Corporation (NYSE:ESL)


The leading market experts have placed a mean price target of $79.71 on Esterline Technologies Corporation (NYSE:ESL) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.66 a share for the upcoming quarter and $4.44 for the current fiscal. Technical View The technical analysis of Esterline Technologies Corporat plainly substantiates that the 50-day moving average of Esterline Technologies Corporat is $63.05, and stock is hovering -0.32 or -0.50% distant from $63.05. It is noted that the 200-day MA is $65.23, and Esterline Technologies Corporat stock is $-2.50 or -3.84% off from this point. Esterline Technologies Corporation (NYSE:ESL) 52-week high is $96.44 and the 52-week low is $45.12. This explains if the stock moves $-33.71, it will post a 52-week high. In event of $+39.03% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Esterline Technologies Corporat, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Esterline Technologies Corporation (NYSE:ESL) ratio came in at 40.89. The stock last ended the trading session at $62.73 and registered a market cap of $1.84B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Esterline Technologies Corporation (NYSE:ESL) PEG ratio is at 1.29.

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