NYSE:ESAB

ESAB (ESAB) Stock Price, News & Analysis

$108.25
+3.05 (+2.90%)
(As of 04:29 PM ET)
Today's Range
$105.65
$108.39
50-Day Range
$89.59
$113.83
52-Week Range
$55.37
$114.77
Volume
170,282 shs
Average Volume
237,770 shs
Market Capitalization
$6.54 billion
P/E Ratio
32.22
Dividend Yield
0.22%
Price Target
$93.75

ESAB MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
13.4% Downside
$93.75 Price Target
Short Interest
Healthy
0.76% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of ESAB in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth
10.79%
From $4.82 to $5.34 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.

1.91 out of 5 stars

Industrial Products Sector

132nd out of 166 stocks

General Industrial Machinery, Industry

4th out of 8 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

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ESAB Corporation (ESAB) Receives a Rating Update from a Top Analyst
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ESAB Corporation Announces Offering of Senior Notes
ESAB Corporation (ESAB) Outstripped Expectations in Q4
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
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 4/12 Dividend
3/27/2024
Dividend Payable
4/12/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/01/2024
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
-11.0%
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
$5.72 per share
Book Value
$27.34 per share

Miscellaneous

Free Float
56,073,000
Market Cap
$6.36 billion
Optionable
Optionable
Beta
1.54
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ESAB Stock Analysis - Frequently Asked Questions

Should I buy or sell ESAB stock right now?

8 Wall Street equities 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 equities 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 Wall Street research analysts 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 predict the company's share price to reach $93.75 in the next twelve months. This suggests that the stock has a possible downside of 13.4%.
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 at the beginning of 2024. Since then, ESAB stock has increased by 25.0% and is now trading at $108.30.
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 31st, there was short interest totaling 428,600 shares, an increase of 21.6% from the March 15th total of 352,400 shares. Based on an average daily trading volume, of 241,300 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.8% of the shares of the stock 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 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) posted its quarterly earnings data on Thursday, February, 29th. The company reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $1.05 by $0.08. The company had revenue of $689.40 million for the quarter, compared to analysts' expectations of $644.51 million. ESAB had a net margin of 7.40% and a trailing twelve-month return on equity of 17.57%. The firm's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.05 EPS.

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

ESAB declared 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 dividend 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 0.23%. 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 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 (EPS) 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 a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.67%), Los Angeles Capital Management LLC (0.27%), Amalgamated Bank (0.06%), Shilanski & Associates Inc. (0.03%), Lawson Kroeker Investment Management Inc. NE (0.02%) and State of Michigan Retirement System (0.02%). 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 4/23/2024 by MarketBeat.com Staff

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