ESPEY MANUFACTURING AND ELECTRONIC (ESP)
Industrials · power electronics and components · NYSE American
Espey is a specialized designer and manufacturer of ruggedized power conversion and electronic systems for mission-critical military and industrial applications.
What ESPEY MANUFACTURING AND ELECTRONIC does
Espey Manufacturing & Electronics Corp. is a power electronics design and original equipment manufacturer specializing in highly reliable products for military and severe industrial environments. The company is vertically integrated, handling everything from design and development to metal fabrication, PCB assembly, and environmental testing at its facility in Saratoga Springs, New York. Its core offerings include power supplies, converters, transformers, and UPS systems for applications such as radar, shipboard and airborne power, and locomotives.
Themes: defense electronics, military power systems, industrial power conversion, ruggedized hardware, railway power electronics
Fundamentals
- Price$59.60 as of 2026-10-08 close
- Market cap$181M as of 2026-09-15 (share count; price 2026-10-08)
- 1-year return+55.1% 2025-10-08 close $38.43 → 2026-10-08 close $59.60
- P/E15.70 as of 2026-10-08
- Net margin+24.2% FY2026, SEC XBRL
- Gross margin+35.3% FY2026, SEC XBRL
- ROE+18.5% FY2026, SEC XBRL
- Debt / equity0.00 as of 2026-09-03
- Revenue growth (YoY)-8.1% as of 2026-09-03
- Revenue CAGR (3y)+9.0% SEC XBRL
- Beta0.60 as of 2026-09-03
- Last reported earnings2009-08-24 most recent in our data — SEC EDGAR Form 8-K (Item 2.02); no newer announcement filed
Dividend: yield +6.2%; at least 4 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How ESP compares in its sector
- price-to-earnings ratiobottom 25% 349 covered Industrials peers, as of 2026-10-08
- net profit margintop 10% 417 covered Industrials peers, as of 2026-09-03
- operating margintop 10% 392 covered Industrials peers, as of 2026-09-03
- gross marginmiddle range 253 covered Industrials peers, as of 2026-09-03
- return on equitymiddle range 432 covered Industrials peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 428 covered Industrials peers
- indicated dividend yieldtop 10% 271 covered Industrials peers, as of 2026-09-03
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 417 covered Industrials peers, as of FY2026
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2026)
Exceeded at least one reported measure. In FY2026, ESP's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 43%, free-cash-flow payout 187%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout43% dividends / net income
- Free-cash-flow payout187% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2026 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How ESPEY MANUFACTURING AND ELECTRONIC looks technically
ESPEY MANUFACTURING AND ELECTRONIC (ESP) is trading 0.4% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 518 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 38, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 7 trading days ago (its momentum flipped negative). It just made a new 20-day low, its first since 2026-07-31, breaking below its recent trading range. It is 20.3% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 0.4% above its 200-day average, the long-term trend line — a longer-term uptrend | +0.4% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $62.91 | $62.91 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $59.36 | $59.36 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 9 calendar days ago — the swings before that are what the structure reading is measured on | 9 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 66.9. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 518 trading days ago — a "golden cross", a bullish long-term signal | 518 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend) | 21.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 38, neither overbought (above 70) nor oversold (below 30) | 38.3 |
|---|---|---|
| Position in its 14-day range | it is trading right at the bottom of its 14-day range ($59.43 to $66.90) — its "stochastic" reading is 2 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 2.3 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 7 trading days ago (its momentum flipped negative) | 7 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $74.77 | $74.77 |
|---|---|---|
| From the 52-week high | it is 20.3% below its 52-week high (its highest price of the past year) | -20.3% |
| Above the 52-week low | it is 65.6% above its 52-week low (its lowest price of the past year) | +65.6% |
| Below the 52-week high | it is 20.3% below its highest point of the past year | 20.3% |
| Since a 20-day breakout | it just made a new 20-day low, its first since 2026-07-31, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it made a new 55-day high about 10 trading days ago | 10 sessions |
| All-time high | its highest closing price on record is $74.77 (set on 2026-05-13) | $74.77 |
| Given back of the 52-week move | over the past year its closes ranged ($36.42 to $72.22), and it has given back roughly a third of its rise from last year’s low — 35% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $48.95 to $50.10. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 35.3% |
| From the all-time high | it is 20.3% below its all-time high | -20.3% |
| Nearest price level | it is trading 1.7% below a resistance level at $60.64 — a price it turned at twice since 2026-03-02, most recently on 2026-07-23. Since 2024-10-08 it has 12 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.7% |
| All-time low | its lowest closing price on record is $12.39 (set on 2022-05-18) | $12.39 |
| Above the all-time low | it is 380.9% above its all-time low | +380.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 73% of it) | 27th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $2.37 between its high and its low — about 4.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $2.37 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $60.23 and $66.33 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $60.23 – $63.28 – $66.33 |
| Typical daily range (% of price) | its price moves about 4.0% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.0% |
| Stretch from the 200-day average | it is trading 0.1 daily ranges above its 200-day average price (0.4% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.1 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.66× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-10-08 0.3% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.3% |
|---|---|---|
| Gap filled | a 2.0% gap up opened on 2026-09-25 has been "filled" 6 sessions ago — price traded back through the level the gap left behind, and it took 3 sessions to close | 6 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -4.33% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 6.6 percentage points (the stock lost 5.5% while the market gained 1.0%) | -6.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 3.4 percentage points (the stock gained 0.4% while the market gained 3.8%) | -3.4% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 11.9 percentage points (the stock gained 5.6% while the market gained 17.5%) | -11.8% |
| vs market, 12 months | over the past 12 months this stock beat the market by 40.1 percentage points (the stock gained 55.1% while the market gained 15.0%) | +40.1% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a fresh 20-day low, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 4.5% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 0.5% of the share price, which is taken to mean a barrier that gives way easily. | -4.5% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 2% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $61.02 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | -2.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 5% below the average price paid since it last reported on 2026-09-23 (its 10-K), so the typical buyer over that stretch is under water. That average is $62.95 — a volume-weighted average of daily closes over 12 sessions, not a true tick-by-tick VWAP. | -5.3% |
Double top, bearish — forming · entry $55.77 · 70 sessions in
Double bottom, bullish — forming · entry $67.35 · 83 sessions in
Price levels it has turned at before
ESP last closed at $59.60 on 2026-10-08. Since 2024-10-08 it has turned at 12 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $60.64 | Resistance | 1.7% above the last close | turned there twice · 2026-03-02 to 2026-07-23 |
| $61.82 | Resistance | 3.7% above the last close | turned there three times · 2026-02-10 to 2026-08-31 |
| $55.31 | Support | 7.2% below the last close | turned there four times · 2025-09-15 to 2026-07-13 |
| $53.67 | Support | 9.9% below the last close | turned there twice · 2026-03-09 to 2026-06-05 |
| $66.86 | Resistance | 12.2% above the last close | turned there four times · 2026-04-29 to 2026-09-29 |
| $52.26 | Support | 12.3% below the last close | turned there three times · 2025-07-23 to 2026-03-20 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $66.90.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 3 trading days, since 2026-10-06.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Near 200-day moving-average support · Trading above the 200-day moving average · Pulled back from the 12-month high · Broke down to a new 20-day low · lagging the market · At the bottom of its 14-day range (stochastic below 20) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (3.00 mean, 1=Strong Buy…5=Strong Sell) — 1 analyst
- Mean price target$70.00 range $70.00 – $70.00
Analyst estimates, as of 2026-10-08. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ESP
- Consensus EPS estimate$0.91 next reporting period, as of 2026-10-08
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["High customer concentration, with a small number of customers accounting for a significant portion of total sales.","Dependency on US Government appropriations and potential for contract cancellation or modification.","Supply chain volatility, including material shortages and long lead times for electronic components."]
What changed in the latest 10-Q
AI-assisted comparison of ESP's 10-Q filed 2026-05-12 against the prior one filed 2026-02-10.
Management's Discussion & Analysis (MD&A)
- Added:
- Balance sheet date changed from December 31, 2025 to March 31, 2026 in newer filing (filed 2026-05-12)
- Income statement comparison periods changed from three and six months ended December 31 to three and nine months ended March 31 in newer filing
- Cash and cash equivalents increased to $21,159,609 as of March 31, 2026 (from $17,757,632 as of December 31, 2025)
- Total current assets increased to $90,123,516 as of March 31, 2026 (from $80,876,105 as of December 31, 2025)
- Total assets increased to $96,003,648 as of March 31, 2026 (from $85,166,300 as of December 31, 2025)
- Contract liabilities increased to $33,493,308 as of March 31, 2026 (from $26,258,894 as of December 31, 2025)
- Total stockholders' equity increased to $56,415,392 as of March 31, 2026 (from $53,206,972 as of December 31, 2025)
- Nine-month net sales of $32,652,434 compared to nine-month net sales of $21,229,779 in older filing
- Nine-month net income of $7,839,607 compared to six-month net income of $4,974,945 in older filing
- Dividend per share increased to $1.50 for nine-month period (from $1.25 for six-month period in older filing)
- Three-month net income of $2,864,662 for period ended March 31, 2026 (newer filing shows March 31 periods; older filing showed December 31 periods)
- Outstanding shares increased to 2,987,077 as of March 31, 2026 (from 2,937,343 as of December 31, 2025)
- ESOP payable balance increased to $463,611 as of March 31, 2026 (from $221,675 as of December 31, 2025)
- Unearned ESOP shares decreased to 173,932 as of March 31, 2026 (from 189,817 as of December 31, 2025)
- Treasury shares decreased to 142,797 as of March 31, 2026 (from 192,531 as of December 31, 2025)
- Removed:
- Comparative financial data for December 31, 2025 as primary balance sheet date removed in newer filing
- Six-month comparative periods removed; replaced with nine-month comparative periods in newer filing
- Statements of changes in stockholders' equity for three and six months ended December 31, 2025 and 2024 removed; replaced with three and nine months ended March 31, 2026 and 2025 in newer filing
- Reworded:
- Balance sheet header changed from 'December 31, 2025 (Unaudited) and June 30, 2025' to 'March 31, 2026 (Unaudited) and June 30, 2025'
- Income statement header changed from 'Three and Six Months Ended December 31, 2025 and 2024' to 'Three and Nine Months Ended March 31, 2026 and 2025'
- Notes:
- The two filings represent different quarters: the newer filing covers the quarter and nine months ended March 31, 2026, while the older filing covered the quarter and six months ended December 31, 2025. Comparative year-over-year periods differ.
- Balance sheet comparisons show changes from December 31, 2025 to March 31, 2026 in the newer filing, versus December 31, 2025 to June 30, 2025 in the older filing.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 32 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-05. The 4 days since 2026-10-05 have not been checked yet.
- Last 30 days · read to 2026-10-050 buys · 32 sells ($150723) — 1 selling insider
- Last 90 days · read to 2026-10-050 buys · 32 sells ($150723) — 1 selling insider
- Last 180 days · read to 2026-10-050 buys · 116 sells ($878401) — 4 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-25. Based on Form 4 filings read through 2026-10-05; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ESP's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding ESP as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 233,832
- Reported value $15,748,571
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 3 increased, 1 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about ESP's institutional holders → See what each manager we track holds →
Short interest (FINRA)
ESP had 61,847 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
ESP had 2.04% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.84 days to cover at the same settlement.
- Reported short interest (shares) 61,847
- Short interest (% of shares outstanding) 2.04%
- Prior settlement (shares) 53,833
- Reported change 14.89%
- Days to cover (reported) 2.84
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Curtiss-Wright (CW)
- Honeywell (HON)
- L3Harris Technologies (LHX)
- Northrop Grumman (NOC)
- General Dynamics (GD)
- Raytheon (RTX)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does ESPEY MANUFACTURING AND ELECTRONIC (ESP) do?
Espey Manufacturing & Electronics Corp. is a power electronics design and original equipment manufacturer specializing in highly reliable products for military and severe industrial environments. The company is vertically integrated, handling everything from design and development to metal fabrication, PCB assembly, and environmental testing at its facility in Saratoga Springs, New York.
What sector is ESPEY MANUFACTURING AND ELECTRONIC (ESP) in?
ESPEY MANUFACTURING AND ELECTRONIC (ESP) is classified in the Industrials sector. Its industry is power electronics and components. It trades on NYSE American.
Does ESP pay a dividend?
Yes — ESPEY MANUFACTURING AND ELECTRONIC (ESP) pays a dividend, with an indicated yield of about 6.18% and at least 4 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-03). Informational only — not financial advice.
Who are ESPEY MANUFACTURING AND ELECTRONIC's (ESP) competitors?
Notable peers of ESPEY MANUFACTURING AND ELECTRONIC (ESP) include Curtiss-Wright, Honeywell, L3Harris Technologies, Northrop Grumman and General Dynamics. This peer set is informational only — not financial advice.
Is ESPEY MANUFACTURING AND ELECTRONIC (ESP) overbought or oversold right now?
ESPEY MANUFACTURING AND ELECTRONIC (ESP) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 38, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ESP come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.