Esterline Technologies Co. (NYSE:ESL) Director Delores M. Etter acquired 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were purchased at an average cost of $72.13 per share, for a total transaction of $72,130.00. Following the completion of the acquisition, the director now owns 13,627 shares in the company, valued at approximately $982,915.51. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Esterline Technologies Co. (NYSE ESL) traded up $1.95 on Friday, hitting $73.85. The stock had a trading volume of 786,720 shares, compared to its average volume of 306,714. The company has a quick ratio of 2.03, a current ratio of 3.25 and a debt-to-equity ratio of 0.41. Esterline Technologies Co. has a 52-week low of $68.30 and a 52-week high of $102.70. The stock has a market capitalization of $2,155.88, a PE ratio of 16.45, a PEG ratio of 1.54 and a beta of 1.43.

Esterline Technologies (NYSE:ESL) last released its quarterly earnings results on Thursday, November 9th. The aerospace company reported $1.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.53 by ($0.26). Esterline Technologies had a net margin of 5.86% and a return on equity of 7.68%. The firm had revenue of $531.50 million for the quarter, compared to the consensus estimate of $540.55 million. During the same quarter in the prior year, the firm earned $1.96 earnings per share. The company’s revenue for the quarter was down 2.3% compared to the same quarter last year. analysts forecast that Esterline Technologies Co. will post 3.85 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ESL. California Public Employees Retirement System boosted its holdings in Esterline Technologies by 1.5% in the third quarter. California Public Employees Retirement System now owns 83,065 shares of the aerospace company’s stock worth $7,488,000 after acquiring an additional 1,265 shares in the last quarter. Cubist Systematic Strategies LLC boosted its holdings in Esterline Technologies by 83.9% in the third quarter. Cubist Systematic Strategies LLC now owns 14,931 shares of the aerospace company’s stock worth $1,346,000 after acquiring an additional 6,813 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in Esterline Technologies in the third quarter worth $1,037,000. Jane Street Group LLC bought a new stake in Esterline Technologies in the third quarter worth $470,000. Finally, Fiduciary Management Inc. WI boosted its holdings in Esterline Technologies by 6.6% in the third quarter. Fiduciary Management Inc. WI now owns 1,037,564 shares of the aerospace company’s stock worth $93,536,000 after acquiring an additional 64,608 shares in the last quarter. Institutional investors own 91.26% of the company’s stock.

A number of brokerages have commented on ESL. ValuEngine cut Esterline Technologies from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Canaccord Genuity decreased their price target on Esterline Technologies from $92.00 to $90.00 and set a “hold” rating on the stock in a research note on Friday, November 10th. Seaport Global Securities began coverage on Esterline Technologies in a research note on Tuesday, September 12th. They issued a “neutral” rating and a $93.00 price target on the stock. Credit Suisse Group reaffirmed a “neutral” rating and issued a $70.00 price target (down from $100.00) on shares of Esterline Technologies in a research note on Tuesday. Finally, Zacks Investment Research raised Esterline Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. Esterline Technologies has a consensus 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.

Insider Buying and Selling by Quarter for Esterline Technologies (NYSE:ESL)

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