ESAB (NYSE:ESAB) Sets New 12-Month Low - What's Next?

Key Points

• ESAB shares hit a new 52-week low, trading as low as $73.31 and well below their 50-day and 200-day moving averages of $86.94 and $96.60, respectively.
• Despite the stock’s decline, analysts remain broadly optimistic, with seven Buy ratings, one Hold rating, a “Moderate Buy” consensus, and an average price target of $138.14.
• ESAB’s latest quarter showed 12.9% year-over-year revenue growth to $807.63 million, though earnings per share of $1.33 missed estimates by $0.04; the company maintained fiscal 2026 EPS guidance of $5.40–$5.50.

ESAB Corporation (NYSE:ESAB - Get Free Report)'s stock price reached a new 52-week low on Thursday . The company traded as low as $73.31 and last traded at $74.0360, with a volume of 652339 shares trading hands. The stock had previously closed at $74.04.

Analyst Upgrades and Downgrades

ESAB has been the topic of several recent analyst reports. Oppenheimer cut their target price on shares of ESAB from $140.00 to $135.00 and set an "outperform" rating on the stock in a report on Tuesday, July 21st. Stifel Nicolaus lowered their price target on shares of ESAB from $141.00 to $137.00 and set a "buy" rating for the company in a report on Monday, July 20th. Roth Capital increased their price target on shares of ESAB from $142.00 to $151.00 and gave the company a "buy" rating in a research report on Tuesday, July 7th. DA Davidson began coverage on shares of ESAB in a report on Monday, June 15th. They issued a "buy" rating and a $130.00 price target on the stock. Finally, Weiss Ratings lowered shares of ESAB from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, August 11th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $138.14.

ESAB Price Performance

The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.22 and a current ratio of 1.96. The business has a 50-day simple moving average of $86.94 and a 200 day simple moving average of $96.60. The firm has a market cap of $4.60 billion, a P/E ratio of 26.54, a price-to-earnings-growth ratio of 1.45 and a beta of 1.17.

ESAB (NYSE:ESAB - Get Free Report) last issued its quarterly earnings data 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). ESAB had a return on equity of 14.48% and a net margin of 5.75%.The business had revenue of $807.63 million during the quarter, compared to the consensus estimate of $755.64 million. During the same quarter in the prior year, the business posted $1.36 earnings per share. ESAB's quarterly revenue was up 12.9% compared to the same quarter last year. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. On average, analysts anticipate that ESAB Corporation will post 5.46 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Rhonda L. Jordan sold 1,000 shares of the firm's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $95.00, for a total value of $95,000.00. Following the completion of the sale, the director owned 1,000 shares of the company's stock, valued at $95,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 7.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ESAB. Los Angeles Capital Management LLC purchased a new stake in shares of ESAB in the 4th quarter worth about $33,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of ESAB by 109.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 333 shares of the company's stock valued at $40,000 after purchasing an additional 174 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of ESAB by 259.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 381 shares of the company's stock valued at $43,000 after purchasing an additional 275 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of ESAB by 3,023.1% during the fourth quarter. Global Retirement Partners LLC now owns 406 shares of the company's stock valued at $45,000 after buying an additional 393 shares during the period. Finally, UMB Bank n.a. increased its position in shares of ESAB by 185.3% during the fourth quarter. UMB Bank n.a. now owns 642 shares of the company's stock valued at $72,000 after buying an additional 417 shares during the period. 91.13% of the stock is currently owned by 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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