ESAB (NYSE:ESAB) Issues FY 2025 Earnings Guidance

Key Points

• ESAB updated its FY 2025 earnings guidance, setting the EPS range at **5.150-5.30**, which is slightly above the consensus estimate of **5.188**.
• Several analysts have adjusted their price targets for ESAB, with **JPMorgan** reducing its target from **$137.00 to $125.00** while **Robert W. Baird** set a target of **$143.00**.
• ESAB recently declared a quarterly dividend increase from **$0.08 to $0.10 per share**, reflecting a strong dividend payout ratio of **9.01%**.

ESAB (NYSE:ESAB - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.150-5.30 for the period, compared to the consensus estimate of 5.188. The company issued revenue guidance of -.

ESAB Price Performance

Shares of NYSE ESAB traded down $2.25 during mid-day trading on Monday, reaching $108.88. 463,420 shares of the company traded hands, compared to its average volume of 414,162. ESAB has a fifty-two week low of $93.15 and a fifty-two week high of $135.97. The firm has a market cap of $6.61 billion, a PE ratio of 26.05, a price-to-earnings-growth ratio of 2.65 and a beta of 1.27. The stock has a fifty day simple moving average of $124.67 and a 200-day simple moving average of $122.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.95 and a quick ratio of 1.26.

ESAB (NYSE:ESAB - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.02. The business had revenue of $715.59 million during the quarter, compared to analyst estimates of $670.80 million. ESAB had a return on equity of 16.32% and a net margin of 9.36%. The company's revenue was up 1.3% compared to the same quarter last year. During the same period last year, the company posted $1.32 EPS. Equities research analysts anticipate that ESAB will post 5.16 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently commented on ESAB shares. Stifel Nicolaus upgraded ESAB from a "hold" rating to a "buy" rating and set a $141.00 price objective on the stock in a research note on Thursday. Robert W. Baird set a $143.00 price objective on ESAB in a research note on Friday, May 2nd. Evercore ISI lifted their price objective on ESAB from $120.00 to $125.00 and gave the stock an "in-line" rating in a research note on Monday, May 19th. JPMorgan Chase & Co. dropped their price objective on ESAB from $137.00 to $125.00 and set an "overweight" rating on the stock in a research note on Thursday. Finally, Oppenheimer dropped their price objective on ESAB from $144.00 to $142.00 and set an "outperform" rating on the stock in a research note on Thursday. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $137.88.

Insider Activity

In other ESAB 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 value of $189,630.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Olivier Biebuyck sold 1,440 shares of the firm's stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $133.49, for a total transaction of $192,225.60. Following the completion of the sale, the insider owned 14,989 shares in the company, valued at $2,000,881.61. This represents a 8.76% decrease in their position. The disclosure for this sale can be found here. 7.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On ESAB

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in ESAB by 29.4% during the first quarter. Royal Bank of Canada now owns 51,867 shares of the company's stock valued at $6,042,000 after purchasing an additional 11,772 shares in the last quarter. Millennium Management LLC purchased a new position in ESAB during the first quarter valued at $10,616,000. Finally, Goldman Sachs Group Inc. lifted its holdings in ESAB by 25.9% during the first quarter. Goldman Sachs Group Inc. now owns 458,339 shares of the company's stock valued at $53,396,000 after purchasing an additional 94,335 shares in the last quarter. Institutional investors and hedge funds own 91.13% of the company's stock.

About 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.