ESAB (NYSE:ESAB) Reaches New 1-Year Low - What's Next?

Key Points

• ESAB shares fell to a new 52-week low, trading as low as $77.14 and closing near $77.37, well below the 50-day and 200-day moving averages.
• Despite the decline, analysts remain broadly positive, with seven Buy ratings and one Hold rating producing a “Moderate Buy” consensus and an average price target of $138.14.
• Recent quarterly results were mixed: earnings per share came in at $1.33, below the $1.37 consensus, while revenue reached $807.63 million and grew 12.9% year over year. Management’s FY 2026 EPS guidance is $5.40–$5.50.

ESAB Corporation (NYSE:ESAB - Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as $77.14 and last traded at $77.37, with a volume of 80855 shares changing hands. The stock had previously closed at $78.99.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. DA Davidson assumed coverage on ESAB in a research report on Monday, June 15th. They issued a "buy" rating and a $130.00 price objective on the stock. Weiss Ratings cut ESAB from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, August 11th. Roth Capital upped their price target on ESAB from $142.00 to $151.00 and gave the company a "buy" rating in a report on Tuesday, July 7th. Stifel Nicolaus dropped their price objective on ESAB from $141.00 to $137.00 and set a "buy" rating on the stock in a research report on Monday, July 20th. Finally, Oppenheimer reduced their price objective on ESAB from $140.00 to $135.00 and set an "outperform" rating for the company in a report on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $138.14.

ESAB Stock Down 2.8%

The company has a quick ratio of 1.22, a current ratio of 1.96 and a debt-to-equity ratio of 0.99. The company has a market cap of $4.77 billion, a PE ratio of 27.51, a PEG ratio of 1.61 and a beta of 1.19. The company's fifty day moving average is $89.01 and its 200-day moving average is $98.27.

ESAB (NYSE:ESAB - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, missing analysts' consensus estimates of $1.37 by ($0.04). The company had revenue of $807.63 million for the quarter, compared to analysts' expectations of $755.64 million. ESAB had a net margin of 5.75% and a return on equity of 14.48%. ESAB's quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.36 earnings per share. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. On average, analysts predict that ESAB Corporation will post 5.46 EPS for the current year.

Insider Buying and Selling

In related news, Director Rhonda L. Jordan sold 1,000 shares of the company's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $95.00, for a total transaction of $95,000.00. Following the completion of the sale, the director owned 1,000 shares in the company, valued at approximately $95,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 7.20% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. TimesSquare Capital Management LLC grew its position in ESAB by 37.8% during the fourth quarter. TimesSquare Capital Management LLC now owns 959,101 shares of the company's stock valued at $107,151,000 after buying an additional 262,850 shares during the period. Bessemer Group Inc. boosted its stake in shares of ESAB by 6,787.0% during the 4th quarter. Bessemer Group Inc. now owns 1,053,776 shares of the company's stock worth $117,730,000 after acquiring an additional 1,038,475 shares during the last quarter. William Blair Investment Management LLC purchased a new position in shares of ESAB during the 4th quarter worth $22,905,000. Schwartz Investment Counsel Inc. bought a new stake in shares of ESAB during the 4th quarter valued at $8,938,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of ESAB during the 1st quarter valued at $9,606,000. 91.13% of the stock is owned by hedge funds and other institutional investors.

About ESAB

ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company's products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.

Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.

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