ESPEY MFG & ELECTRONICS CORP (ESP) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does ESPEY MFG & ELECTRONICS CORP Do?
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, printed circuit boards, wires, and tests items. 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. The company was incorporated in 1928 and is based in Saratoga Springs, New York. ESPEY MFG & ELECTRONICS CORP (ESP) is classified as a micro-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO David A. O'Neil and employs approximately 150 people, headquartered in SARATOGA SPRINGS, New York. With a market capitalization of $169M, ESP is one of the notable companies in the Technology sector.
ESPEY MFG & ELECTRONICS CORP (ESP) Stock Rating — Hold (April 2026)
As of April 2026, ESPEY MFG & ELECTRONICS CORP receives a Hold rating with a composite score of 53.2/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.ESP ranks #297 out of 4,446 stocks in our coverage universe. Within the Technology sector, ESPEY MFG & ELECTRONICS CORP ranks #10 of 584 stocks, placing it in the top 10% of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
ESP Stock Price and 52-Week Range
ESPEY MFG & ELECTRONICS CORP (ESP) currently trades at $59.51. The stock gained $0.01 (0.0%) in the most recent trading session. The 52-week high for ESP is $62.15, which means the stock is currently trading -4.2% from its annual peak. The 52-week low is $24.85, putting the stock 139.5% above its annual trough. Recent trading volume was 15K shares, suggesting relatively thin trading activity.
Is ESP Overvalued or Undervalued? — Valuation Analysis
ESPEY MFG & ELECTRONICS CORP (ESP) carries a value factor score of 44/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 25.75x, compared to the Technology sector average of 45.27x — a discount of 43%. The price-to-book ratio stands at 3.29x, versus the sector average of 3.16x. The price-to-sales ratio is 4.40x, compared to 1.06x for the average Technology stock. On an enterprise value basis, ESP trades at 25.26x EV/EBITDA, versus 12.79x for the sector. The EV/EBIT multiple is 12.99x.
Overall, ESP's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
ESPEY MFG & ELECTRONICS CORP Profitability — ROE, Margins, and Quality Score
ESPEY MFG & ELECTRONICS CORP (ESP) earns a quality factor score of 48/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 12.8%, compared to the Technology sector average of -1.4%, which is within a healthy range. Return on assets (ROA) comes in at 7.7% versus the sector average of -1.0%.
On a margin basis, ESPEY MFG & ELECTRONICS CORP reports gross margins of 29.0%, compared to 50.9% for the sector. The operating margin is 17.4% (sector: -0.5%). Net profit margin stands at 17.1%, versus -1.5% for the average Technology stock. Revenue growth is running at -11.7% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
ESP Debt, Balance Sheet, and Financial Health
ESPEY MFG & ELECTRONICS CORP has a debt-to-equity ratio of 66.0%, compared to the Technology sector average of 43.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 2.38x, indicating strong short-term liquidity. Total debt on the balance sheet is $0.
ESP has a beta of 0.97, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for ESPEY MFG & ELECTRONICS CORP is 60/100, reflecting average volatility within the normal range for its sector.
ESPEY MFG & ELECTRONICS CORP Revenue and Earnings History — Quarterly Trend
In TTM 2026, ESPEY MFG & ELECTRONICS CORP reported revenue of $38M and earnings per share (EPS) of $0.80. Net income for the quarter was $7M. Gross margin was 29.0%. Operating income came in at $7M.
In Q1 2026, ESPEY MFG & ELECTRONICS CORP reported revenue of $9M and earnings per share (EPS) of $0.80. Net income for the quarter was $2M. Gross margin was 35.4%. Revenue grew -12.9% year-over-year compared to Q1 2025. Operating income came in at $2M.
In FY 2025, ESPEY MFG & ELECTRONICS CORP reported revenue of $44M and earnings per share (EPS) of $3.14. Net income for the quarter was $8M. Gross margin was 28.9%. Revenue grew 13.5% year-over-year compared to FY 2024. Operating income came in at $8M.
In Q3 2025, ESPEY MFG & ELECTRONICS CORP reported revenue of $10M and earnings per share (EPS) of $0.66. Net income for the quarter was $2M. Gross margin was 28.6%. Revenue grew 24.8% year-over-year compared to Q3 2024. Operating income came in at $2M.
Over the past 8 quarters, ESPEY MFG & ELECTRONICS CORP has demonstrated a growth trajectory, with revenue expanding from $10M to $38M. Investors analyzing ESP stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
ESP Dividend Yield and Income Analysis
ESPEY MFG & ELECTRONICS CORP (ESP) currently pays a dividend yield of 4.4%. At this yield, a $10,000 investment in ESP stock would generate approximately $$442.00 in annual dividend income. With a net margin of 17.1%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.
ESP Momentum and Technical Analysis Profile
ESPEY MFG & ELECTRONICS CORP (ESP) has a momentum factor score of 71/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 48/100 reflects moderate short selling activity.
ESP vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, ESPEY MFG & ELECTRONICS CORP (ESP) ranks #10 out of 584 stocks based on the Blank Capital composite score. This places ESP in the top decile of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing ESP against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ESP vs S&P 500 (SPY) comparison to assess how ESPEY MFG & ELECTRONICS CORP stacks up against the broader market across all factor dimensions.
ESP Next Earnings Date
No upcoming earnings date has been announced for ESPEY MFG & ELECTRONICS CORP (ESP) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy ESP? — Investment Thesis Summary
ESPEY MFG & ELECTRONICS CORP presents a balanced picture with arguments on both sides. Price momentum is positive at 71/100, suggesting the trend favors buyers. Low volatility (stability score 60/100) reduces downside risk.
In summary, ESPEY MFG & ELECTRONICS CORP (ESP) earns a Hold rating with a composite score of 53.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ESP stock.
Related Resources for ESP Investors
Explore more research and tools: ESP vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ESP head-to-head with peers: ESP vs IHS, ESP vs VRSN, ESP vs ESE.