Electro-Sensors Stock Earnings Report NASDAQ:ELSE
Current P/E ratio: 0 | Price (June 22, 2021, EOD): $4.62 (Find current average P/E ratios for all sectors below)
ELSE Upcoming EarningsCurrently no data available.
ELSE Analysts Price TargetsCurrently no data available.
Electro-Sensors, Inc. manufactures and sells industrial production monitoring and process control systems. The company operates through two segments, Production Monitoring and Investments. It offers various monitoring systems, which measure actual machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. The companys speed monitoring systems include a line of products that measure production counts or rates, such as parts, gallons, or board feet; and alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays. It also provides production monitoring devices, such as tilt switch, vibration monitor, and slide gate position monitors; hazard monitoring systems; temperature sensors; digital control products for motors that require a complete closed loop proportional integral derivative control; and closed loop controllers to coordinate production speed in process motors and reduce waste. In addition, the company holds investments in marketable and non-marketable securities. The company serves the agricultural, grain-handling, feed, biofuels, food processing, chemicals, mining, utility, forest products, steel, tire, glass, and electronics industries. It sells its products through internal sales team, manufacturers representatives, and distributors in the United States, Canada, Mexico, Chile, Colombia, Guatemala, Peru, the United Kingdom, Ukraine, Egypt, Saudi Arabia, Australia, China, Korea, Vietnam, Malaysia, the Philippines, and Singapore. Electro-Sensors, Inc. was founded in 1968 and is based in Minnetonka, Minnesota.
Last 3 Quarters for ELSE Premium
Below you can see how ELSE performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Average Sector P/E ratio
Is your stock priced above or below the average P/E ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. For example, a company with a current P/E of 25, trades at 25 times today's earnings.
|Name||Number of firms||Average PE|
|Auto & Truck||13||15|
|Bank (Money Center)||7||11|
|Brokerage & Investment Banking||39||14|
|Business & Consumer Services||165||32|
|Coal & Related Energy||22||7|
|Electronics (Consumer & Office)||20||18|
|Environmental & Waste Services||82||70|
|Financial Svcs. (Non-bank & Insurance)||232||36|
|Green & Renewable Energy||22||88|
|Healthcare Support Services||128||131|
|Heathcare Information and Technology||129||132|
|Investments & Asset Management||192||120|
|Metals & Mining||92||37|
|Office Equipment & Services||22||16|
|Oil/Gas (Production and Exploration)||269||19|
|Packaging & Container||24||43|
|Publishing & Newspapers||31||28|
|Real Estate (Development)||20||146|
|Real Estate (General/Diversified)||12||31|
|Real Estate (Operations & Services)||57||23|
|Retail (Building Supply)||17||202|
|Retail (Grocery and Food)||13||38|
|Retail (Special Lines)||89||25|
|Shipbuilding & Marine||10||30|
|Software (System & Application)||363||144|
|Total Market (without financials)||5878||62|
Updated: Jan 2020
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