Institutional Investors Are Crazy For Espey MFG & Electronics Corp (NYSEMKT:ESP)

Sentiment for Espey MFG & Electronics Corp (NYSEMKT:ESP)

Espey MFG & Electronics Corp (NYSEMKT:ESP) institutional sentiment increased to 2.5 in 2018 Q3. Its up 2.00, from 0.5 in 2018Q2. The ratio is more positive, as 10 investment professionals started new and increased holdings, while 4 reduced and sold their equity positions in Espey MFG & Electronics Corp. The investment professionals in our partner’s database now hold: 409,155 shares, up from 398,001 shares in 2018Q2. Also, the number of investment professionals holding Espey MFG & Electronics Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 4 Increased: 3 New Position: 7.

Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, designs, makes, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. The company has market cap of $60.67 million. The companyÂ’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 radar, and ground mobile power applications. It has a 22.09 P/E ratio. It also provides various services, which include 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.

The stock increased 0.56% or $0.14 during the last trading session, reaching $25.32. About 375 shares traded. Espey Mfg. & Electronics Corp. (NYSEMKT:ESP) has risen 23.87% since January 14, 2018 and is uptrending. It has outperformed by 23.87% the S&P500.

Analysts await Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) to report earnings on February, 12. They expect $0.31 EPS, down 55.07 % or $0.38 from last year’s $0.69 per share. ESP’s profit will be $742,751 for 20.42 P/E if the $0.31 EPS becomes a reality. After $0.03 actual EPS reported by Espey Mfg. & Electronics Corp. for the previous quarter, Wall Street now forecasts 933.33 % EPS growth.

Morgan Dempsey Capital Management Llc holds 0.22% of its portfolio in Espey Mfg. & Electronics Corp. for 19,455 shares. Adirondack Trust Co owns 1,750 shares or 0.04% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 90 shares. The United Kingdom-based Barclays Plc has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 913 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $101,846 activity.

More notable recent Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) news were published by: Globenewswire.com which released: “Gran Tierra Energy Inc. Announces Operational Update and 2019 Guidance: 12 to 18% Production Growth within Cash Flow – GlobeNewswire” on December 17, 2018, also Marketwired.com with their article: “Gran Tierra Energy Inc. Provides Operations Update Highlighted by Progress with Costayaco A-Limestone, Putumayo Exploration Success and Acordionero Development – Marketwired” published on August 03, 2017, Zacks.com published: “TransEnterix (TRXC) Reports Q2 Loss, Tops Revenue Estimates – Zacks.com” on August 07, 2018. More interesting news about Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) were released by: Seekingalpha.com and their article: “Gastar Exploration Inc. (GST) Management on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on August 10, 2018 as well as Investorplace.com‘s news article titled: “10 Small-Caps With Straight-A Potential – Investorplace.com” with publication date: October 12, 2018.

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) Institutional Positions Chart

(adsbygoogle = window.adsbygoogle || []).push({});

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.