Esco TechnologiesESEPAST TOP PICKMar 23, 2026Stock price when the opinion was issued
As of May 29, 2026. Market Open.
Over 40% of their business is in aerospace-defence, with 27% of this business from government contracts. Another 30% of business is from utillities, including renewables. Another 20% comes from building testing systems for many industries, including testing pacemakers. Their report last May beating sales and earnings. Management raised full-year guidance. They just bought a company to grow their shipbuilding business. Trades at 26x PE for 2026, not cheap, but offers 15% earnings growth in 2026. Also good is having little Wall Street coverage, so you can start a position now before Wall St. catches on.
As an engineering company it is in the utilities sector and had a lot of military contracts which still represent about 25%. He bought it at an average of $196 and it has had a very positive chart.