QQQ   444.01 (-0.18%)
AAPL   171.48 (-1.06%)
MSFT   420.72 (-0.17%)
META   485.58 (-1.68%)
GOOGL   150.93 (+0.04%)
AMZN   180.38 (+0.31%)
TSLA   175.79 (-2.25%)
NVDA   903.56 (+0.12%)
NIO   4.50 (-3.64%)
AMD   180.49 (+0.50%)
BABA   72.36 (+1.08%)
T   17.60 (+0.28%)
F   13.28 (+1.68%)
MU   117.89 (-1.14%)
CGC   8.63 (-9.63%)
GE   175.53 (-2.55%)
DIS   122.36 (+1.14%)
AMC   3.72 (-14.29%)
PFE   27.75 (-0.11%)
PYPL   66.99 (+0.63%)
XOM   116.24 (+1.10%)
QQQ   444.01 (-0.18%)
AAPL   171.48 (-1.06%)
MSFT   420.72 (-0.17%)
META   485.58 (-1.68%)
GOOGL   150.93 (+0.04%)
AMZN   180.38 (+0.31%)
TSLA   175.79 (-2.25%)
NVDA   903.56 (+0.12%)
NIO   4.50 (-3.64%)
AMD   180.49 (+0.50%)
BABA   72.36 (+1.08%)
T   17.60 (+0.28%)
F   13.28 (+1.68%)
MU   117.89 (-1.14%)
CGC   8.63 (-9.63%)
GE   175.53 (-2.55%)
DIS   122.36 (+1.14%)
AMC   3.72 (-14.29%)
PFE   27.75 (-0.11%)
PYPL   66.99 (+0.63%)
XOM   116.24 (+1.10%)
QQQ   444.01 (-0.18%)
AAPL   171.48 (-1.06%)
MSFT   420.72 (-0.17%)
META   485.58 (-1.68%)
GOOGL   150.93 (+0.04%)
AMZN   180.38 (+0.31%)
TSLA   175.79 (-2.25%)
NVDA   903.56 (+0.12%)
NIO   4.50 (-3.64%)
AMD   180.49 (+0.50%)
BABA   72.36 (+1.08%)
T   17.60 (+0.28%)
F   13.28 (+1.68%)
MU   117.89 (-1.14%)
CGC   8.63 (-9.63%)
GE   175.53 (-2.55%)
DIS   122.36 (+1.14%)
AMC   3.72 (-14.29%)
PFE   27.75 (-0.11%)
PYPL   66.99 (+0.63%)
XOM   116.24 (+1.10%)
QQQ   444.01 (-0.18%)
AAPL   171.48 (-1.06%)
MSFT   420.72 (-0.17%)
META   485.58 (-1.68%)
GOOGL   150.93 (+0.04%)
AMZN   180.38 (+0.31%)
TSLA   175.79 (-2.25%)
NVDA   903.56 (+0.12%)
NIO   4.50 (-3.64%)
AMD   180.49 (+0.50%)
BABA   72.36 (+1.08%)
T   17.60 (+0.28%)
F   13.28 (+1.68%)
MU   117.89 (-1.14%)
CGC   8.63 (-9.63%)
GE   175.53 (-2.55%)
DIS   122.36 (+1.14%)
AMC   3.72 (-14.29%)
PFE   27.75 (-0.11%)
PYPL   66.99 (+0.63%)
XOM   116.24 (+1.10%)
NYSE:ESAB

ESAB (ESAB) Stock Price, News & Analysis

$110.57
+0.47 (+0.43%)
(As of 04:37 PM ET)
Today's Range
$110.13
$111.25
50-Day Range
$85.62
$110.07
52-Week Range
$54.49
$111.25
Volume
352,545 shs
Average Volume
232,765 shs
Market Capitalization
$6.67 billion
P/E Ratio
32.91
Dividend Yield
0.22%
Price Target
$93.75

ESAB MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
15.2% Downside
$93.75 Price Target
Short Interest
Healthy
0.62% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of ESAB in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth
9.54%
From $4.82 to $5.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.77 out of 5 stars

Industrial Products Sector

130th out of 171 stocks

General Industrial Machinery, Industry

4th out of 10 stocks

ESAB stock logo

About ESAB Stock (NYSE:ESAB)

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables comprising electrodes, nozzles, shields, and tips. The company's equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of software and digital solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, such as general industry, infrastructure, renewable energy, medical and life sciences, transportation, construction, and energy. It offers its products through independent distributors and direct salespeople. The company operates in North America, South America, Europe, the Middle East, India, Africa, and the Asia Pacific. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.

ESAB Stock Price History

ESAB Stock News Headlines

Urgent: Protect Your Investments from a Chinese Invasion
An alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.
ESAB Corporation Announces Offering of Senior Notes
ESAB Corporation (ESAB) Outstripped Expectations in Q4
ESAB (NYSE:ESAB) Upgraded to Overweight at JPMorgan Chase & Co.
A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
ESAB Apr 2024 105.000 call
Bull of the Day: Kaiser Aluminum (KALU)
ESAB price target raised by $7 at Evercore ISI, here's why
Q4 2023 ESAB Corp Earnings Call
ESAB price target raised by $14 at Baird, here's why
Here's what Wall Street expects from ESAB's earnings report
The Analyst Verdict: ESAB In The Eyes Of 4 Experts
See More Headlines
Receive ESAB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ESAB and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 1/12 Dividend
12/28/2023
Dividend Payable
1/12/2024
Last Earnings
2/29/2024
Ex-Dividend for 4/12 Dividend
3/27/2024
Today
3/28/2024
Dividend Payable
4/12/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
N/A
Fax
N/A
Employees
9,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$93.75
High Stock Price Target
$125.00
Low Stock Price Target
$73.00
Potential Upside/Downside
-14.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$205.29 million
Pretax Margin
11.50%

Debt

Sales & Book Value

Annual Sales
$2.77 billion
Cash Flow
$5.85 per share
Book Value
$27.34 per share

Miscellaneous

Free Float
56,113,000
Market Cap
$6.64 billion
Optionable
Optionable
Beta
1.53
The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

ESAB Stock Analysis - Frequently Asked Questions

Should I buy or sell ESAB stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ESAB in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ESAB shares.
View ESAB analyst ratings
or view top-rated stocks.

What is ESAB's stock price target for 2024?

8 analysts have issued 12 month price objectives for ESAB's shares. Their ESAB share price targets range from $73.00 to $125.00. On average, they anticipate the company's share price to reach $93.75 in the next year. This suggests that the stock has a possible downside of 15.2%.
View analysts price targets for ESAB
or view top-rated stocks among Wall Street analysts.

How have ESAB shares performed in 2024?

ESAB's stock was trading at $86.62 at the beginning of the year. Since then, ESAB stock has increased by 27.6% and is now trading at $110.57.
View the best growth stocks for 2024 here
.

Are investors shorting ESAB?

ESAB saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 352,400 shares, an increase of 47.9% from the February 29th total of 238,300 shares. Based on an average trading volume of 220,300 shares, the short-interest ratio is presently 1.6 days. Approximately 0.6% of the company's shares are short sold.
View ESAB's Short Interest
.

When is ESAB's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our ESAB earnings forecast
.

How were ESAB's earnings last quarter?

ESAB Co. (NYSE:ESAB) posted its quarterly earnings results on Thursday, February, 29th. The company reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $1.05 by $0.08. The firm earned $689.40 million during the quarter, compared to analyst estimates of $644.51 million. ESAB had a net margin of 7.40% and a trailing twelve-month return on equity of 17.57%. ESAB's revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.05 EPS.

How often does ESAB pay dividends? What is the dividend yield for ESAB?

ESAB announced a quarterly dividend on Thursday, February 22nd. Stockholders of record on Friday, March 29th will be paid a dividend of $0.06 per share on Friday, April 12th. This represents a $0.24 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for ESAB
.

Is ESAB a good dividend stock?

ESAB (NYSE:ESAB) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.22%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESAB will have a dividend payout ratio of 4.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESAB.

What ETFs hold ESAB's stock?
What guidance has ESAB issued on next quarter's earnings?

ESAB issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided EPS guidance of 4.650-4.850 for the period, compared to the consensus EPS estimate of 4.810. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion.

Who are ESAB's major shareholders?

ESAB's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (9.57%), Vanguard Group Inc. (9.22%), Vanguard Group Inc. (9.21%), Dimensional Fund Advisors LP (3.20%), Neuberger Berman Group LLC (3.11%) and Cooke & Bieler LP (2.18%). Insiders that own company stock include Christopher M Hix, Curtis E Jewell, Didier P Teirlinck, Kevin J Johnson, Michele Campion, Mitchell P Rales, Olivier Biebuyck, Patrick W Allender, Rajiv Vinnakota, Rhonda L Jordan and Shyam Kambeyanda.
View institutional ownership trends
.

How do I buy shares of ESAB?

Shares of ESAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ESAB) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners