ESP Should I Buy
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Espey MFG & Electronics Corp (ESP) is not a strong buy at this moment for a beginner investor with a long-term strategy. Despite some positive financial performance metrics, insider selling and lack of significant positive catalysts make it prudent to hold off on investing right now.
The MACD is below 0 and negatively contracting, indicating bearish momentum. RSI is neutral at 57.441, and moving averages are converging, suggesting no clear trend. The stock is trading near its pivot level of 55.967 but below the first resistance level of 61.067.
Net income increased by 46.98% YoY, EPS grew by 41.43% YoY, and gross margin improved by 49.29% YoY in Q2 2026.
Revenue dropped by 10.82% YoY. Insider selling has increased significantly by 378.50% over the last month. No recent news or significant trading trends. The stock has only a 40% chance to gain 4.58% in the next month.
In Q2 2026, revenue declined by 10.82% YoY to $12,136,903. However, net income increased by 46.98% YoY to $2,805,109, EPS rose by 41.43% YoY to 0.99, and gross margin improved significantly by 49.29% YoY to 34.71%.
No analyst rating or price target changes available.
