NYSE:ESAB

ESAB (ESAB) Stock Price, News & Analysis

$105.99
-1.46 (-1.36%)
(As of 11:00 AM ET)
Today's Range
$105.00
$106.62
50-Day Range
$93.22
$113.83
52-Week Range
$55.37
$114.77
Volume
28,745 shs
Average Volume
234,486 shs
Market Capitalization
$6.40 billion
P/E Ratio
31.54
Dividend Yield
0.23%
Price Target
$93.75

ESAB MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
11.4% Downside
$93.75 Price Target
Short Interest
Healthy
0.76% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of ESAB in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth
10.79%
From $4.82 to $5.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.28 out of 5 stars

Industrial Products Sector

123rd out of 168 stocks

General Industrial Machinery, Industry

3rd out of 8 stocks

ESAB stock logo

About ESAB Stock (NYSE: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. The company's equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of software and digital solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, such as general industry, infrastructure, renewable energy, medical and life sciences, transportation, construction, and energy. It offers its products through independent distributors and direct salespeople. The company operates in North America, South America, Europe, the Middle East, India, Africa, and the Asia Pacific. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.

ESAB Stock Price History

ESAB Stock News Headlines

ESAB Reaches Analyst Target Price
ESAB (ESAB) Set to Announce Earnings on Wednesday
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
ESAB Corporation (ESAB) Receives a Rating Update from a Top Analyst
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
ESAB Corporation Announces Offering of Senior Notes
ESAB Corporation (ESAB) Outstripped Expectations in Q4
ESAB Apr 2024 105.000 call
Bull of the Day: Kaiser Aluminum (KALU)
ESAB price target raised by $7 at Evercore ISI, here's why
Q4 2023 ESAB Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 4/12 Dividend
3/27/2024
Dividend Payable
4/12/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
N/A
Fax
N/A
Employees
9,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$93.75
High Stock Price Target
$125.00
Low Stock Price Target
$73.00
Potential Upside/Downside
-11.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$205.29 million
Pretax Margin
11.50%

Debt

Sales & Book Value

Annual Sales
$2.77 billion
Cash Flow
$5.63 per share
Book Value
$27.34 per share

Miscellaneous

Free Float
56,194,000
Market Cap
$6.39 billion
Optionable
Optionable
Beta
1.54
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ESAB Stock Analysis - Frequently Asked Questions

Should I buy or sell ESAB stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ESAB in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ESAB shares.
View ESAB analyst ratings
or view top-rated stocks.

What is ESAB's stock price target for 2024?

8 equities research analysts have issued twelve-month target prices for ESAB's stock. Their ESAB share price targets range from $73.00 to $125.00. On average, they predict the company's share price to reach $93.75 in the next year. This suggests that the stock has a possible downside of 11.4%.
View analysts price targets for ESAB
or view top-rated stocks among Wall Street analysts.

How have ESAB shares performed in 2024?

ESAB's stock was trading at $86.62 at the beginning of 2024. Since then, ESAB shares have increased by 22.2% and is now trading at $105.84.
View the best growth stocks for 2024 here
.

Are investors shorting ESAB?

ESAB saw a increase in short interest in March. As of March 31st, there was short interest totaling 428,600 shares, an increase of 21.6% from the March 15th total of 352,400 shares. Based on an average daily trading volume, of 241,300 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.8% of the shares of the stock are sold short.
View ESAB's Short Interest
.

When is ESAB's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our ESAB earnings forecast
.

How can I listen to ESAB's earnings call?

ESAB will be holding an earnings conference call on Wednesday, May 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were ESAB's earnings last quarter?

ESAB Co. (NYSE:ESAB) issued its quarterly earnings data on Thursday, February, 29th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.08. The business had revenue of $689.40 million for the quarter, compared to analyst estimates of $644.51 million. ESAB had a net margin of 7.40% and a trailing twelve-month return on equity of 17.57%. The company's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $1.05 EPS.

How often does ESAB pay dividends? What is the dividend yield for ESAB?

ESAB declared a quarterly dividend on Thursday, February 22nd. Investors of record on Friday, March 29th will be paid a dividend of $0.06 per share on Friday, April 12th. This represents a $0.24 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for ESAB
.

Is ESAB a good dividend stock?

ESAB (NYSE:ESAB) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.22%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESAB will have a dividend payout ratio of 4.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESAB.

What guidance has ESAB issued on next quarter's earnings?

ESAB updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of 4.650-4.850 for the period, compared to the consensus EPS estimate of 4.810. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion.

Who are ESAB's major shareholders?

ESAB's stock is owned by many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.67%), Los Angeles Capital Management LLC (0.27%), Oak Family Advisors LLC (0.07%), Amalgamated Bank (0.06%), Shilanski & Associates Inc. (0.03%) and Louisiana State Employees Retirement System (0.03%). Insiders that own company stock include Christopher M Hix, Curtis E Jewell, Didier P Teirlinck, Kevin J Johnson, Michele Campion, Mitchell P Rales, Olivier Biebuyck, Patrick W Allender, Rajiv Vinnakota, Rhonda L Jordan and Shyam Kambeyanda.
View institutional ownership trends
.

How do I buy shares of ESAB?

Shares of ESAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ESAB) was last updated on 4/25/2024 by MarketBeat.com Staff

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