The leading market experts have placed a mean price target of $77.00 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 $0.96 a share for the upcoming quarter and $4.51 for the current fiscal.
The technical analysis of Esterline Technologies Corporat plainly substantiates that the 50-day moving average of Esterline Technologies Corporat is $69.40, and stock is trading $9.31 points away or +13.42% from its 50-day moving average of $69.40. Further it is trading $13.55 or +20.79% away its 200-day moving average of $65.16. 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 $-17.73, it will post a 52-week high. In event of +74.45% 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 48.71.
The stock last ended the trading session at $78.71 and registered a market cap of $2.31B. 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 1.55.
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