NYSE:ESAB ESAB (ESAB) Stock Price, News & Analysis → Gold Mania (From Stansberry Research) (Ad) Free ESAB Stock Alerts $104.94 +1.44 (+1.39%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$103.46▼$105.2250-Day Range$96.58▼$113.8352-Week Range$57.53▼$114.77Volume280,486 shsAverage Volume228,637 shsMarket Capitalization$6.34 billionP/E Ratio27.47Dividend Yield0.23%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/Downside10.7% Downside$93.75 Price TargetShort InterestHealthy0.96% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.48Based on 16 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.1.87 out of 5 starsIndustrial Products Sector811th out of 1,008 stocksGeneral Industrial Machinery, Industry25th out of 48 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 0.23%, 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 6.28%. 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 2.5 News and Social Media Coverage News SentimentESAB has a news sentiment score of 0.48. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 16 news articles for ESAB this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for ESAB on MarketBeat in the last 30 days. This is a decrease of -50% 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 50% 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 27.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.95.Price to Earnings Ratio vs. SectorThe P/E ratio of ESAB is 27.47, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.23.Price to Earnings Growth RatioESAB has a PEG Ratio of 2.11. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioESAB has a P/B Ratio of 3.77. 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 Colonial MetalsThe Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. 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 HeadlinesMay 2, 2024 | msn.comESAB Stock Earnings: ESAB Beats EPS, Beats Revenue for Q1 2024May 2, 2024 | finance.yahoo.comESAB Corporation (NYSE:ESAB) Q1 2024 Earnings Call TranscriptMay 4, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.May 2, 2024 | finance.yahoo.comESAB Corp (ESAB) (Q1 2024) Earnings Call Transcript Highlights: Record Sales and Strategic ...May 2, 2024 | finance.yahoo.comESAB First Quarter 2024 Earnings: EPS Misses ExpectationsMay 2, 2024 | gurufocus.comQ1 2024 ESAB Corp Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comQ1 2024 ESAB Corp Earnings CallMay 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Orion Group Holdings (ORN) and ESAB Corporation (ESAB)May 4, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.May 1, 2024 | seekingalpha.comESAB Corporation 2024 Q1 - Results - Earnings Call PresentationMay 1, 2024 | finance.yahoo.comESAB Corp (ESAB) Q1 2024 Earnings: Solid Performance with Strategic AcquisitionsMay 1, 2024 | businesswire.comESAB Corporation Announces First Quarter 2024 ResultsApril 30, 2024 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In ESAB Corporation's (NYSE:ESAB) Stock?April 24, 2024 | nasdaq.comESAB Reaches Analyst Target PriceApril 24, 2024 | americanbankingnews.comESAB (ESAB) Set to Announce Earnings on WednesdayApril 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 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 ExpertsSee 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 Ex-Dividend for 4/12 Dividend3/27/2024Dividend Payable4/12/2024Last Earnings5/01/2024Today5/04/2024Next Earnings (Estimated)8/06/2024Fiscal 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-10.7%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.82 Trailing P/E Ratio27.47 Forward P/E Ratio21.77 P/E Growth2.11Net Income$205.29 million Net Margins8.39% Pretax Margin11.85% Return on Equity17.59% Return on Assets7.39% Debt Debt-to-Equity Ratio0.59 Current Ratio1.65 Quick Ratio0.98 Sales & Book Value Annual Sales$2.77 billion Price / Sales2.29 Cash Flow$5.83 per share Price / Cash Flow17.99 Book Value$27.84 per share Price / Book3.77Miscellaneous Outstanding Shares60,420,000Free Float56,194,000Market Cap$6.34 billion OptionableOptionable Beta1.55 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Shyam P. Kambeyanda (Age 53)President, CEO & Director Comp: $3.44MMr. Kevin J. Johnson FCPA (Aust) (Age 48)Executive VP & CFO Comp: $1.44MMr. Curtis E. Jewell (Age 41)Senior VP, General Counsel & Corporate Secretary Comp: $1.04MMr. Olivier Biebuyck (Age 52)President of Fabrication Technology Comp: $1.25MMs. Eleanor L. Lukens (Age 59)President of Americas Comp: $1.16MMr. Renato NegroChief Accounting OfficerMs. Michele Campion (Age 47)Senior VP & Chief Human Resources Officer Comp: $1.13MMr. Vusa Mlingo (Age 54)Senior Vice President of Strategy & Business Development Mr. John P. Dion (Age 59)Senior Vice President of ESAB Business Excellence Mr. Piyush ShethVP & GM of Gas ControlMore ExecutivesKey CompetitorsATSNYSE:ATSNordsonNASDAQ:NDSNAtkoreNYSE:ATKRMueller IndustriesNYSE:MLIAlcoaNYSE:AAView All CompetitorsInsiders & InstitutionsDAVENPORT & Co LLCBought 42,099 shares on 5/4/2024Ownership: 1.343%Whittier Trust Co.Bought 236 shares on 5/3/2024Ownership: 0.001%Mutual of America Capital Management LLCSold 1,177 shares on 5/2/2024Ownership: 0.056%Hanlon Investment Management Inc.Bought 1,044 shares on 5/2/2024Ownership: 0.008%Quent Capital LLCBought 134 shares on 5/2/2024Ownership: 0.003%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 research analysts have issued "buy," "hold," and "sell" ratings for ESAB in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research 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 brokers have issued twelve-month price objectives for ESAB's shares. Their ESAB share price targets range from $73.00 to $125.00. On average, they predict the company's stock price to reach $93.75 in the next twelve months. This suggests that the stock has a possible downside of 10.7%. 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 2024. Since then, ESAB shares have increased by 21.1% and is now trading at $104.94. View the best growth stocks for 2024 here. Are investors shorting ESAB? ESAB saw a increase in short interest during 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 short-interest ratio is currently 2.2 days. Currently, 1.0% of the shares of the company 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, August 6th 2024. View our ESAB earnings forecast. How were ESAB's earnings last quarter? ESAB Co. (NYSE:ESAB) announced its earnings results on Wednesday, May, 1st. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.11 by $0.09. The firm had revenue of $690 million for the quarter, compared to analyst estimates of $653.93 million. ESAB had a net margin of 8.39% and a trailing twelve-month return on equity of 17.59%. ESAB's quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the business posted $1.04 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. 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 dividend yield of 0.23%. 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 0.23%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.28%. 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), First Trust US Equity Opportunities ETF (FPX), Invesco S&P MidCap 400 Pure Growth ETF (RFG), T. Rowe Price Small-Mid Cap ETF (TMSL), First Trust Mid Cap Growth AlphaDEX Fund (FNY) and Pacer US Cash Cows Growth ETF (BUL). What guidance has ESAB issued on next quarter's earnings? ESAB updated its FY33 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of $4.75-$4.95 for the period. Who are ESAB's major shareholders? ESAB's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include DAVENPORT & Co LLC (1.34%), Allspring Global Investments Holdings LLC (0.67%), Allspring Global Investments Holdings LLC (0.67%), Principal Financial Group Inc. (0.42%), Los Angeles Capital Management LLC (0.27%) and Retirement Systems of Alabama (0.12%). 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. 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