ESAB (ESAB) to Release Earnings on Wednesday

Key Points

• ESAB is set to announce its Q2 2025 earnings on August 6th, with analysts projecting earnings of $1.32 per share and revenue of $670.80 million.
• In a recent dividend announcement, ESAB raised its quarterly dividend to $0.10 per share, reflecting an increase from the previous $0.08, marking a yield of 0.31%.
• The company has a current market cap of $7.90 billion and recent insider sales indicate notable transactions, including a sale by Director Rhonda L. Jordan.

ESAB (NYSE:ESAB - Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect ESAB to post earnings of $1.32 per share and revenue of $670.80 million for the quarter. ESAB has set its FY 2025 guidance at 5.100-5.250 EPS.

ESAB (NYSE:ESAB - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $1.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.18 by $0.07. The firm had revenue of $678.14 million during the quarter, compared to the consensus estimate of $633.66 million. ESAB had a net margin of 9.98% and a return on equity of 16.98%. The company's revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.20 EPS. On average, analysts expect ESAB to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

ESAB Stock Down 1.0%

ESAB opened at $130.36 on Wednesday. The firm has a 50 day moving average price of $124.88 and a 200 day moving average price of $122.34. The company has a market cap of $7.90 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 3.18 and a beta of 1.26. ESAB has a 1 year low of $88.54 and a 1 year high of $135.97. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.24 and a current ratio of 1.91.

ESAB Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Thursday, July 3rd were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date of this dividend was Thursday, July 3rd. This is an increase from ESAB's previous quarterly dividend of $0.08. ESAB's dividend payout ratio is 9.01%.

Insider Buying and Selling

In other news, Director Rhonda L. Jordan sold 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $126.42, for a total transaction of $189,630.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Olivier Biebuyck sold 1,417 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $131.15, for a total transaction of $185,839.55. Following the sale, the insider directly owned 14,989 shares of the company's stock, valued at $1,965,807.35. The trade was a 8.64% decrease in their position. The disclosure for this sale can be found here. 7.30% of the stock is currently owned by company insiders.

Institutional Trading of ESAB

A number of hedge funds have recently made changes to their positions in ESAB. Goldman Sachs Group Inc. lifted its stake in ESAB by 25.9% during the first quarter. Goldman Sachs Group Inc. now owns 458,339 shares of the company's stock worth $53,396,000 after purchasing an additional 94,335 shares during the last quarter. Millennium Management LLC bought a new position in ESAB during the first quarter worth $10,616,000. Finally, Royal Bank of Canada lifted its stake in ESAB by 29.4% during the first quarter. Royal Bank of Canada now owns 51,867 shares of the company's stock worth $6,042,000 after purchasing an additional 11,772 shares during the last quarter. Institutional investors and hedge funds own 91.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ESAB. Evercore ISI increased their target price on shares of ESAB from $120.00 to $125.00 and gave the stock an "in-line" rating in a research report on Monday, May 19th. Robert W. Baird set a $143.00 target price on shares of ESAB in a research report on Friday, May 2nd. Stifel Nicolaus increased their price objective on shares of ESAB from $126.00 to $141.00 and gave the company a "hold" rating in a research report on Monday, July 21st. Finally, UBS Group upgraded shares of ESAB from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $123.00 to $147.00 in a research note on Tuesday, April 1st. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, ESAB has an average rating of "Moderate Buy" and an average target price of $138.89.

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.

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