NYSE:ESAB ESAB (ESAB) Stock Price, News & Analysis → World’s biggest multibillionaire investor is buying THIS by the ton [picture] (From Stansberry Research) (Ad) Free ESAB Stock Alerts $106.82 -0.63 (-0.59%) (As of 04:32 PM ET) Add Compare Share Share Today's Range$105.00▼$107.5350-Day Range$93.22▼$113.8352-Week Range$55.37▼$114.77Volume199,380 shsAverage Volume236,688 shsMarket Capitalization$6.45 billionP/E Ratio31.79Dividend Yield0.22%Price Target$93.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get ESAB alerts: Email Address ESAB MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside12.4% Downside$93.75 Price TargetShort InterestHealthy0.96% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.74Based on 6 Articles This WeekInsider TradingSelling Shares$1.07 M Sold Last QuarterProj. Earnings Growth10.79%From $4.82 to $5.34 Per ShareSee Full Details Hide Full Details 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.2.32 out of 5 starsIndustrial Products Sector123rd out of 168 stocksGeneral Industrial Machinery, Industry3rd out of 8 stocks 1.3 Analyst's Opinion Consensus RatingESAB has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageESAB has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.96% of the float of ESAB has been sold short.Short Interest Ratio / Days to CoverESAB has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ESAB has recently increased by 26.22%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldESAB has a dividend yield of 0.22%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthESAB has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of ESAB is 7.14%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ESAB will have a dividend payout ratio of 4.49% next year. This indicates that ESAB will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ESAB. Previous Next 3.7 News and Social Media Coverage News SentimentESAB has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 6 news articles for ESAB this week, compared to 4 articles on an average week.Search Interest5 people have searched for ESAB on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows3 people have added ESAB to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ESAB insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,074,985.00 in company stock.Percentage Held by InsidersOnly 7.00% of the stock of ESAB is held by insiders.Percentage Held by Institutions91.13% of the stock of ESAB is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for ESAB are expected to grow by 10.79% in the coming year, from $4.82 to $5.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ESAB is 31.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.81.Price to Earnings Ratio vs. SectorThe P/E ratio of ESAB is 31.85, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.72.Price to Earnings Growth RatioESAB has a PEG Ratio of 2.21. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioESAB has a P/B Ratio of 3.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. 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.Read More ESAB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESAB Stock News HeadlinesApril 24, 2024 | nasdaq.comESAB Reaches Analyst Target PriceApril 24, 2024 | americanbankingnews.comESAB (ESAB) Set to Announce Earnings on WednesdayApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 11, 2024 | finance.yahoo.comHere’s What ESAB Corporation (ESAB) Did for Value CreationApril 11, 2024 | markets.businessinsider.comESAB Corporation (ESAB) Receives a Rating Update from a Top AnalystApril 8, 2024 | finance.yahoo.comAt US$114, Is ESAB Corporation (NYSE:ESAB) Worth Looking At Closely?April 8, 2024 | businesswire.comESAB Corporation Releases Second Annual Sustainability ReportApril 7, 2024 | uk.investing.comESAB shares get price target boost on growth potentialApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 4, 2024 | tmcnet.comPerceptyx Announces Winners of 2024 EX IMPACT AwardsApril 4, 2024 | businesswire.comESAB Corporation Schedules First Quarter 2024 Earnings Release and Conference CallMarch 25, 2024 | businesswire.comESAB Corporation Announces Upsizing and Pricing of its 6.25% Senior Notes due 2029March 25, 2024 | businesswire.comESAB Corporation Announces Offering of Senior NotesMarch 22, 2024 | finance.yahoo.comESAB Corporation (ESAB) Outstripped Expectations in Q4March 18, 2024 | finance.yahoo.comLi-Cycle raises cost estimate for Rochester Hub project againMarch 18, 2024 | benzinga.comThe Analyst Verdict: ESAB In The Eyes Of 6 ExpertsMarch 16, 2024 | finance.yahoo.comESAB Apr 2024 105.000 callMarch 14, 2024 | msn.comBull of the Day: Kaiser Aluminum (KALU)March 11, 2024 | seekingalpha.comESAB: Rating Downgrade As Valuation Has Gone Up Way Too FastMarch 8, 2024 | benzinga.comOptions Movement At ESAB: Rajiv Vinnakota Exercises Worth $86KMarch 6, 2024 | finance.yahoo.comDirector Christopher Hix Sells 14,929 Shares of ESAB Corp (ESAB)March 5, 2024 | realmoney.thestreet.comESAB price target raised by $7 at Evercore ISI, here's whyMarch 2, 2024 | seekingalpha.comESAB Corporation (ESAB) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | finance.yahoo.comESAB Full Year 2023 Earnings: EPS Misses ExpectationsMarch 1, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Industrial Goods Stocks: Evolv Technologies Holdings (EVLV), ESAB Corporation (ESAB)March 1, 2024 | finance.yahoo.comESAB Corporation (NYSE:ESAB) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comQ4 2023 ESAB Corp Earnings CallSee 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. Email Address Company Calendar Last Earnings2/29/2024Ex-Dividend for 4/12 Dividend3/27/2024Dividend Payable4/12/2024Today4/25/2024Next Earnings (Confirmed)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry General industrial machinery, Sub-IndustryN/A Current SymbolNYSE:ESAB CUSIPN/A CIK1877322 Webwww.esab.com Phone301-323-9099FaxN/AEmployees9,000Year FoundedN/APrice Target and Rating Average Stock Price Target$93.75 High Stock Price Target$125.00 Low Stock Price Target$73.00 Potential Upside/Downside-11.4%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.36 Trailing P/E Ratio31.50 Forward P/E Ratio21.96 P/E Growth2.21Net Income$205.29 million Net Margins7.40% Pretax Margin11.50% Return on Equity17.57% Return on Assets7.11% Debt Debt-to-Equity Ratio0.62 Current Ratio1.61 Quick Ratio0.98 Sales & Book Value Annual Sales$2.77 billion Price / Sales2.30 Cash Flow$5.63 per share Price / Cash Flow18.81 Book Value$27.34 per share Price / Book3.87Miscellaneous Outstanding Shares60,420,000Free Float56,194,000Market Cap$6.39 billion OptionableOptionable Beta1.54 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Shyam P. Kambeyanda (Age 53)President, CEO & Director Comp: $2.78MMr. Kevin J. Johnson FCPA (Aust) (Age 48)Executive VP & CFO Comp: $1.69MMr. Curtis E. Jewell (Age 41)Senior VP, General Counsel & Corporate Secretary Comp: $1.16MMs. Michele Campion (Age 47)Senior VP & Chief Human Resources Officer Comp: $1.13MMr. Olivier Biebuyck (Age 52)President of Fabrication Technology Comp: $1.37MMr. Renato NegroChief Accounting OfficerMr. Vusa Mlingo (Age 54)Senior Vice President of Strategy & Business Development Mr. John P. Dion (Age 59)Senior Vice President of ESAB Business Excellence Ms. Eleanor Lukens (Age 59)President of Americas Mr. Piyush ShethVP & GM of Gas ControlMore ExecutivesKey CompetitorsATSNYSE:ATSNordsonNASDAQ:NDSNBerry Global GroupNYSE:BERYAlcoaNYSE:AAMueller IndustriesNYSE:MLIView All CompetitorsInsiders & InstitutionsOak Family Advisors LLCSold 8,307 shares on 4/24/2024Ownership: 0.073%Amalgamated BankSold 4,310 shares on 4/23/2024Ownership: 0.062%Louisiana State Employees Retirement SystemBought 400 shares on 4/23/2024Ownership: 0.027%Hunter Perkins Capital Management LLCBought 10,850 shares on 4/23/2024Ownership: 0.018%Lawson Kroeker Investment Management Inc. NESold 158 shares on 4/22/2024Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions 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 brokerages have issued twelve-month target prices 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 12.4%. 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 on January 1st, 2024. Since then, ESAB shares have increased by 23.6% and is now trading at $107.03. View the best growth stocks for 2024 here. Are investors shorting ESAB? ESAB saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 541,000 shares, an increase of 26.2% from the March 31st total of 428,600 shares. Based on an average daily volume of 248,300 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.0% of the company's shares are sold short. View ESAB's Short Interest. When is ESAB's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our ESAB earnings forecast. How can I listen to ESAB's earnings call? ESAB will be holding an earnings conference call on Wednesday, May 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were ESAB's earnings last quarter? ESAB Co. (NYSE:ESAB) issued its quarterly earnings results on Thursday, February, 29th. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.05 by $0.08. The firm had revenue of $689.40 million for the quarter, compared to the consensus estimate of $644.51 million. ESAB had a trailing twelve-month return on equity of 17.57% and a net margin of 7.40%. The company's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 earnings per share. How often does ESAB pay dividends? What is the dividend yield for ESAB? ESAB announced a quarterly dividend on Thursday, February 22nd. Investors of record on Friday, March 29th will be given a dividend of $0.06 per share on Friday, April 12th. This represents a $0.24 annualized dividend and a yield of 0.22%. The ex-dividend date 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 4.49% 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? ETFs with the largest weight of ESAB (NYSE:ESAB) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), Pinnacle Focused Opportunities ETF (FCUS), Zacks Small/Mid Cap Core Portfolio ETF (SMIZ), Invesco S&P MidCap 400 Pure Growth ETF (RFG), First Trust US Equity Opportunities ETF (FPX), T. Rowe Price Small-Mid Cap ETF (TMSL), Pacer US Cash Cows Growth ETF (BUL) and First Trust Mid Cap Growth AlphaDEX Fund (FNY). What guidance has ESAB issued on next quarter's earnings? ESAB updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 4.650-4.850 for the period, compared to the consensus 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 many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.67%), Los Angeles Capital Management LLC (0.27%), Oak Family Advisors LLC (0.07%), Amalgamated Bank (0.06%), Shilanski & Associates Inc. (0.03%) and Louisiana State Employees Retirement System (0.03%). 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 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyYour Money is Not SafeAmerican AlternativeThe only accurate crypto trading system I know …Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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