NYSE:ESAB ESAB (ESAB) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Free ESAB Stock Alerts $110.57 +0.47 (+0.43%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$110.13▼$111.2650-Day Range$85.99▼$110.5752-Week Range$54.49▼$111.25Volume352,545 shsAverage Volume296,414 shsMarket Capitalization$6.67 billionP/E Ratio32.91Dividend 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/Downside15.2% Downside$93.75 Price TargetShort InterestHealthy0.62% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.41Based on 7 Articles This WeekInsider TradingSelling Shares$1.07 M Sold Last QuarterProj. Earnings Growth9.54%From $4.82 to $5.28 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.1.78 out of 5 starsIndustrial Products Sector137th out of 173 stocksGeneral Industrial Machinery, Industry4th out of 10 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $93.75, ESAB has a forecasted downside of 15.2% from its current price of $110.57.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 Shorted0.62% of the float of ESAB has been sold short.Short Interest Ratio / Days to CoverESAB has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ESAB has recently increased by 47.88%, 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 4.55% 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 2.4 News and Social Media Coverage News SentimentESAB has a news sentiment score of 0.41. 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 lower news sentiment than the 0.60 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 7 news articles for ESAB this week, compared to 4 articles on an average week.Search Interest4 people have searched for ESAB on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added ESAB to their MarketBeat watchlist in the last 30 days. This is a decrease 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 9.54% in the coming year, from $4.82 to $5.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ESAB is 32.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.21.Price to Earnings Ratio vs. SectorThe P/E ratio of ESAB is 32.91, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.52.Price to Earnings Growth RatioESAB has a PEG Ratio of 2.25. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioESAB has a P/B Ratio of 4.04. 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 Vertical Research Advisory“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!Click here for all the details now… 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 HeadlinesMarch 17, 2024 | insidertrades.comESAB Co. (NYSE:ESAB) Director Rajiv Vinnakota Sells 856 SharesMarch 25, 2024 | businesswire.comESAB Corporation Announces Upsizing and Pricing of its 6.25% Senior Notes due 2029March 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 25, 2024 | businesswire.comESAB Corporation Announces Offering of Senior NotesMarch 22, 2024 | finance.yahoo.comESAB Corporation (ESAB) Outstripped Expectations in Q4March 20, 2024 | americanbankingnews.comESAB Co. (NYSE:ESAB) Given Average Rating of "Moderate Buy" by BrokeragesMarch 19, 2024 | americanbankingnews.comESAB (NYSE:ESAB) Upgraded to Overweight at JPMorgan Chase & Co.March 18, 2024 | finance.yahoo.comLi-Cycle raises cost estimate for Rochester Hub project againMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 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 CallFebruary 29, 2024 | realmoney.thestreet.comESAB price target raised by $14 at Baird, here's whyFebruary 29, 2024 | seekingalpha.comESAB Corporation 2023 Q4 - Results - Earnings Call PresentationFebruary 29, 2024 | businesswire.comESAB Corporation Announces Fourth Quarter 2023 Results and Initiates Full Year 2024 GuidanceFebruary 29, 2024 | markets.businessinsider.comHere's what Wall Street expects from ESAB's earnings reportFebruary 27, 2024 | finance.yahoo.comWith 80% ownership in ESAB Corporation (NYSE:ESAB), institutional investors have a lot riding on the businessFebruary 20, 2024 | markets.businessinsider.comThe Analyst Verdict: ESAB In The Eyes Of 4 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 1/12 Dividend12/28/2023Dividend Payable1/12/2024Last Earnings2/29/2024Ex-Dividend for 4/12 Dividend3/27/2024Today3/28/2024Dividend Payable4/12/2024Next Earnings (Estimated)5/07/2024Fiscal 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-15.2%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.36 Trailing P/E Ratio32.91 Forward P/E Ratio22.94 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 / Sales2.40 Cash Flow$5.87 per share Price / Cash Flow18.83 Book Value$27.34 per share Price / Book4.04Miscellaneous Outstanding Shares60,337,000Free Float56,113,000Market Cap$6.67 billion OptionableOptionable Beta1.53 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.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:NDSNAtkoreNYSE:ATKRBerry Global GroupNYSE:BERYChart IndustriesNYSE:GTLSView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Sold 761 shares on 3/22/2024Ownership: 0.003%Vanguard Group Inc.Sold 20,144 shares on 3/11/2024Ownership: 9.212%Rajiv VinnakotaSold 856 sharesTotal: $85,172.00 ($99.50/share)Christopher M HixSold 7,465 sharesTotal: $741,125.20 ($99.28/share)Goldman Sachs Group Inc.Bought 4,957 shares on 3/1/2024Ownership: 0.200%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 brokers have issued twelve-month price targets for ESAB's stock. Their ESAB share price targets range from $73.00 to $125.00. On average, they expect 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 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 daily 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 earnings results on Thursday, February, 29th. The company reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $1.05 by $0.08. The business had revenue of $689.40 million for 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 quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. Stockholders 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 dividend on an annualized basis 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 4.55% 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? ETFs with the largest weight of ESAB (NYSE:ESAB) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), First Trust Mid Cap Growth AlphaDEX Fund (FNY) and First Trust US Equity Opportunities ETF (FPX).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ). What guidance has ESAB issued on next quarter's earnings? ESAB updated 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 investors 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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ESAB Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.