ESAB (ESAB) Expected to Announce Earnings on Thursday

ESAB (NYSE:ESAB - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $1.19 per share and revenue of $633.66 million for the quarter. ESAB has set its FY 2025 guidance at 5.100-5.250 EPS.

ESAB (NYSE:ESAB - Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.15 by $0.13. ESAB had a net margin of 9.66% and a return on equity of 17.43%. The company had revenue of $633.20 million for the quarter, compared to analysts' expectations of $636.43 million. On average, analysts expect ESAB to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

ESAB Stock Performance

Shares of NYSE ESAB traded down $1.20 during midday trading on Tuesday, hitting $118.05. The company's stock had a trading volume of 35,487 shares, compared to its average volume of 277,513. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.25 and a current ratio of 1.82. ESAB has a 1-year low of $88.54 and a 1-year high of $135.97. The firm's fifty day moving average price is $117.98 and its 200-day moving average price is $121.37. The firm has a market cap of $7.16 billion, a P/E ratio of 27.33, a P/E/G ratio of 2.01 and a beta of 1.37.

ESAB Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Friday, April 4th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.32 dividend on an annualized basis and a yield of 0.27%. ESAB's payout ratio is currently 7.41%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ESAB. UBS Group raised ESAB from a "neutral" rating to a "buy" rating and raised their price target for the stock from $123.00 to $147.00 in a report on Tuesday, April 1st. Stifel Nicolaus reduced their price target on shares of ESAB from $125.00 to $109.00 and set a "hold" rating for the company in a report on Monday, April 14th. Evercore ISI upgraded shares of ESAB from an "underperform" rating to an "inline" rating and lowered their price target for the stock from $122.00 to $120.00 in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of ESAB from $133.00 to $140.00 and gave the company an "overweight" rating in a research report on Tuesday, March 18th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $133.75.

ESAB Company Profile

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.