Home Sectors Industrials Valuation Now: Esterline Technologies Corporation (NYSE: ESL)

Valuation Now: Esterline Technologies Corporation (NYSE: ESL)


Esterline Technologies Corporation is part of the aerospace and defense industry and is in the industrials sector. The company CEO is Curtis C. Reusser. Esterline Technologies Corp is a manufacturing company serving aerospace and defense customers. It designs, manufactures and markets engineered products and systems for application within the industries.

Previous Intraday Trading Performance:

The ESL stock showed a previous change of -0.01% with an open at 122.49 and a close of 122.49. It reached an intraday high of 122.50 and a low of 122.47.

SeekingAlpha:  TransDigm completes purchase of Esterline Technologies


The stock has a market cap of $3.6b with 29.7m shares outstanding, of which the float is 29.3m shares. Trading volume reached 581,041 shares compared to its average volume of 428,673 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Esterline Technologies Corporation shares returned 0.36% and in the past 30 trading days it returned 0.65%. Over three months, it changed 0.94%. In one year it has changed 62.13% and within that year its 52-week high was 122.50 and its 52-week low was 69.05. ESL stock is 77.39% above its 52 Week Low.

Our calculations show a 200 day moving average of 101.47 and a 50 day moving average of 121.67. Currently ESL stock is trading 20.72% above its 200 day moving average.

PR Newswire:  TransDigm Completes Acquisition of Esterline Technologies


The last annual fiscal EPS for the company was reported at 2.35 that ended on 30th of September 2018, which according to the previous close, that is a PE of 52.12. Based on 3 analyst estimates, the consensus EPS for the next quarter is 1.38. The TTM EPS is 4.16, which comes to a TTM PE of 29.44. Historically, the PE high was 52.12 and the PE low was 12.40. If the stock reached its PE low, that would represent a price of 51.59, which is a decrease of -57.88%.

Below was the last reported quarterly diluted earnings per share:

4thQtr of 2018 (Reported on 01/31/2019): 1.13
3rdQtr of 2018 (Reported on 11/20/2018): 1.78
2ndQtr of 2018 (Reported on 08/02/2018): 0.94
1stQtr of 2018 (Reported on 05/03/2018): 0.80
4thQtr of 2017 (Reported on 02/01/2018): -1.17

Base on our calculations, the intrinsic value per share is 75.01, which means it may be overvalued by -63.29%.

Indicators to Watch:

Based on the latest filings, there is 1.20% of insider ownership and 135.80% of institutional ownership. Short-interest was 1,377,206, which was 4.64% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.19. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.41.

PR Newswire:  TransDigm Completes Acquisition of Esterline Technologies

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 7.62%, return on assets is 4.51%, profit margin is 6.81%, price-to-sales is 1.78 and price-to-book is 1.97.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.