We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is ESCO Technologies (ESE) Stock Outpacing Its Industrial Products Peers This Year?
Read MoreHide Full Article
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Esco Technologies (ESE - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.
Esco Technologies is a member of the Industrial Products sector. This group includes 189 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Esco Technologies is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ESE's full-year earnings has moved 6.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, ESE has returned 45.2% so far this year. Meanwhile, stocks in the Industrial Products group have gained about 2.7% on average. This means that Esco Technologies is outperforming the sector as a whole this year.
Another Industrial Products stock, which has outperformed the sector so far this year, is Kion Group (KIGRY - Free Report) . The stock has returned 65.5% year-to-date.
The consensus estimate for Kion Group's current year EPS has increased 25.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Esco Technologies belongs to the Manufacturing - Electronics industry, a group that includes 17 individual stocks and currently sits at #53 in the Zacks Industry Rank. On average, stocks in this group have gained 2.6% this year, meaning that ESE is performing better in terms of year-to-date returns.
On the other hand, Kion Group belongs to the Industrial Services industry. This 18-stock industry is currently ranked #144. The industry has moved -0.7% year to date.
Investors with an interest in Industrial Products stocks should continue to track Esco Technologies and Kion Group. These stocks will be looking to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is ESCO Technologies (ESE) Stock Outpacing Its Industrial Products Peers This Year?
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Esco Technologies (ESE - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.
Esco Technologies is a member of the Industrial Products sector. This group includes 189 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Esco Technologies is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ESE's full-year earnings has moved 6.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, ESE has returned 45.2% so far this year. Meanwhile, stocks in the Industrial Products group have gained about 2.7% on average. This means that Esco Technologies is outperforming the sector as a whole this year.
Another Industrial Products stock, which has outperformed the sector so far this year, is Kion Group (KIGRY - Free Report) . The stock has returned 65.5% year-to-date.
The consensus estimate for Kion Group's current year EPS has increased 25.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Esco Technologies belongs to the Manufacturing - Electronics industry, a group that includes 17 individual stocks and currently sits at #53 in the Zacks Industry Rank. On average, stocks in this group have gained 2.6% this year, meaning that ESE is performing better in terms of year-to-date returns.
On the other hand, Kion Group belongs to the Industrial Services industry. This 18-stock industry is currently ranked #144. The industry has moved -0.7% year to date.
Investors with an interest in Industrial Products stocks should continue to track Esco Technologies and Kion Group. These stocks will be looking to continue their solid performance.