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NYSEAMERICAN:ESP

Espey Mfg. & Electronics (ESP) Stock Price, News & Analysis

$24.94
+0.70 (+2.89%)
(As of 09/27/2024 ET)

About Espey Mfg. & Electronics Stock (NYSEAMERICAN:ESP)

Key Stats

Today's Range
$23.60
$24.94
50-Day Range
N/A
52-Week Range
$14.69
$27.32
Volume
24,338 shs
Average Volume
10,887 shs
Market Capitalization
$68.09 million
P/E Ratio
12.99
Dividend Yield
4.01%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. The company's principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, antennas, and high-power radar systems for use in AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power applications. It also provides various services comprising design and development to specification, build to print, design services, design studies, environmental testing services, metal fabrication, painting services, and development of automatic testing equipment. In addition, the company produces individual components, such as inductors, as well as paints, wires, qualifies, and test items; populates printed circuit boards; and fabricates metalwork. It serves industrial manufacturers and defense companies, the government of the United States, foreign governments, and foreign electronic equipment companies through its direct sales organization and outside sales representatives. Espey Mfg. & Electronics Corp. was incorporated in 1928 and is based in Saratoga Springs, New York.

Espey Mfg. & Electronics Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
60th Percentile Overall Score

ESP MarketRank™: 

Espey Mfg. & Electronics scored higher than 60% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Espey Mfg. & Electronics is 12.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.35.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Espey Mfg. & Electronics is 12.92, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 23.49.

  • Percentage of Shares Shorted

    0.28% of the float of Espey Mfg. & Electronics has been sold short.
  • Short Interest Ratio / Days to Cover

    Espey Mfg. & Electronics has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Espey Mfg. & Electronics has recently decreased by 27.94%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Espey Mfg. & Electronics is a leading dividend payer. It pays a dividend yield of 4.29%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Espey Mfg. & Electronics does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Espey Mfg. & Electronics is 52.08%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Espey Mfg. & Electronics' dividend.
  • Percentage of Shares Shorted

    0.28% of the float of Espey Mfg. & Electronics has been sold short.
  • Short Interest Ratio / Days to Cover

    Espey Mfg. & Electronics has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Espey Mfg. & Electronics has recently decreased by 27.94%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Espey Mfg. & Electronics has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Aerospace companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Espey Mfg. & Electronics this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Espey Mfg. & Electronics insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    16.00% of the stock of Espey Mfg. & Electronics is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 36.65% of the stock of Espey Mfg. & Electronics is held by institutions.

  • Read more about Espey Mfg. & Electronics' insider trading history.
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ESP Stock News Headlines

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Espey Increases Qtrly Dividend by 25%
See More Headlines

ESP Stock Analysis - Frequently Asked Questions

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) issued its earnings results on Thursday, May, 14th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.46 by $0.50. The firm earned $6.19 million during the quarter. Espey Mfg. & Electronics had a trailing twelve-month return on equity of 12.83% and a net margin of 13.58%.

Espey Mfg. & Electronics' top institutional shareholders include Renaissance Technologies LLC (4.08%), Dimensional Fund Advisors LP (3.17%), Ellsworth Advisors LLC (0.82%) and Morgan Dempsey Capital Management LLC (0.19%).
View institutional ownership trends
.

Shares of ESP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Espey Mfg. & Electronics investors own include Kohl's (KSS), American Airlines Group (AAL), AbbVie (ABBV), Carnival Co. & (CCL), Dominion Energy (D), Enterprise Products Partners (EPD) and General Mills (GIS).

Company Calendar

Last Earnings
5/14/2020
Ex-Dividend for 9/27 Dividend
9/20/2024
Today
9/27/2024
Dividend Payable
9/27/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Sector
Aerospace
Industry
Electronic components, not elsewhere classified
Sub-Industry
Electronic Equipment
Current Symbol
NYSEAMERICAN:ESP
Employees
150
Year Founded
N/A

Profitability

Net Income
$3.68 million
Pretax Margin
17.13%

Debt

Sales & Book Value

Annual Sales
$35.59 million
Cash Flow
$0.70 per share

Miscellaneous

Free Float
2,296,000
Market Cap
$68.09 million
Optionable
Not Optionable
Beta
0.14
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This page (NYSEAMERICAN:ESP) was last updated on 9/27/2024 by MarketBeat.com Staff
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