|Company name||Esterline Technologies Corporation|
|Live stock price||[stckqut]ESL[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Poor|
|Target stock price (TWCA growth scenario)||$71.52|
|Target stock price (averages with growth)||$89.95|
|Target stock price (averages with no growth)||$80.59|
|Target stock price (manual assumptions)||$77.42|
The following company description is from Google Finance: http://www.google.com/finance?q=esl
Esterline Technologies Corporation (Esterline) is a manufacturing company serving aerospace and defense customers. The Company designs, manufactures and markets engineered products and systems. It operates in three segments: Avionics & Controls, Sensors & Systems, and Advanced Materials, including thermally engineered components and specialized elastomers and other complex materials, for aerospace and defense markets. Its products are mission-critical equipment, which have been designed into particular military and commercial platforms. It has divested non-core businesses operating as Pressure Systems, Inc., Muirhead Aerospace and Traxsys Input Products Limited. In July 2011, the Company acquired Souriau Group.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
Stock price at the time of the calculation: $79.43
Current EPS (TTM): $5.11
Future EPS Calc: $8.04
Future Stock Price Calc: $124.68
Target stock price: $77.42
I hope that this makes you a better investor. [/s2If]