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NYSE:ESAB

ESAB (ESAB) Stock Forecast, Price & News

$61.50
-1.58 (-2.50%)
(As of 06/5/2023 ET)
Compare
Today's Range
$61.09
▼
$62.60
50-Day Range
$55.52
▼
$63.08
52-Week Range
$32.12
▼
$63.55
Volume
144,702 shs
Average Volume
263,607 shs
Market Capitalization
$3.70 billion
P/E Ratio
18.70
Dividend Yield
0.33%
Price Target
$70.80
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

ESAB MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
15.1% Upside
$70.80 Price Target
Short Interest
Healthy
0.91% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.00mentions of ESAB in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$352,423 Sold Last Quarter
Proj. Earnings Growth
11.03%
From $3.99 to $4.43 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Industrial Products Sector

36th out of 178 stocks

General Industrial Machinery, Industry

1st out of 11 stocks

See Top Rated MarketRank™ Stocks Here

ESAB stock logo

About ESAB (NYSE:ESAB) Stock

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, and automated welding, as well as 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, construction, infrastructure, transportation, energy, renewable energy, and medical and life sciences. 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 incorporated in 2021 and is headquartered in North Bethesda, Maryland.

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ESAB Stock News Headlines

May 31, 2023 | americanbankingnews.com
Financial Comparison: Nauticus Robotics (NASDAQ:KITT) versus ESAB (NYSE:ESAB)
May 29, 2023 | finance.yahoo.com
ESAB Corporation's (NYSE:ESAB) Stock Has Fared Decently: Is the Market Following Strong Financials?
June 5, 2023 | MarketBeat Internal (Ad)
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May 19, 2023 | americanbankingnews.com
CL King Begins Coverage on ESAB (NYSE:ESAB)
May 17, 2023 | marketwatch.com
Friction Welding Market 2023: Insights and Strategies | 2031
May 16, 2023 | finance.yahoo.com
ESAB Corporation to Present at the 2023 Stifel Cross Sector Insight Conference
May 15, 2023 | msn.com
Esab (ESAB) Moves to Strong Buy: Rationale Behind the Upgrade
May 15, 2023 | finance.yahoo.com
Does ESAB Corporation (ESAB) Have a Strong Position in Emerging Markets?
June 5, 2023 | Behind the Markets (Ad)
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May 14, 2023 | americanbankingnews.com
ESAB (NYSE:ESAB) vs. Reelcause (OTCMKTS:RCIT) Critical Analysis
May 13, 2023 | marketwatch.com
Aluminium Welding Wire Market: Trends, Recent Growth till 2030
May 13, 2023 | msn.com
ESAB (ESAB) Declares $0.06 Dividend
May 11, 2023 | americanbankingnews.com
ESAB Co. (NYSE:ESAB) Director Sells $118,527.40 in Stock
May 11, 2023 | americanbankingnews.com
Head-To-Head Comparison: ESAB (NYSE:ESAB) & Integrated Environmental Technologies (OTCMKTS:IEVM)
May 11, 2023 | marketwatch.com
PAPR Respirators Market Size, Share and Demand with Forecast 2030
May 10, 2023 | benzinga.com
Director at ESAB Exercises Options Worth $222K
May 9, 2023 | marketwatch.com
Friction Welder Market Future Growth Opportunities 2023-2029 by Key Players | Branson (Emerson) , KUKA , Thompson Friction Welding , ESAB
May 9, 2023 | marketwatch.com
Aluminum Welding Wires Market Industry Global Latest Trends and Insights 2023 to 2030 ESAB (Colfax Corporation), Lincoln Electric, ITW
May 8, 2023 | americanbankingnews.com
Contrasting ESAB (NYSE:ESAB) and Integrated Environmental Technologies (OTCMKTS:IEVM)
May 6, 2023 | americanbankingnews.com
ESAB (NYSE:ESAB) Price Target Raised to $75.00
May 5, 2023 | msn.com
Looking Into ESAB's Return On Capital Employed
May 5, 2023 | marketwatch.com
Welding Camera Market Emerging Trends till 2031
May 4, 2023 | marketwatch.com
Cellulose Electrode Market Historical Trends and Future Prospect till 2031
May 4, 2023 | americanbankingnews.com
ESAB (NYSE:ESAB) Shares Gap Up After Strong Earnings
May 4, 2023 | marketwatch.com
Plasma Cutting Systems Market is Booming Across the World
May 4, 2023 | americanbankingnews.com
Robert W. Baird Increases ESAB (NYSE:ESAB) Price Target to $70.00
May 3, 2023 | msn.com
Baird Maintains ESAB (ESAB) Outperform Recommendation
See More Headlines

ESAB Price History

ESAB Company Calendar

Last Earnings
3/07/2023
Ex-Dividend for 4/14 Dividend
3/30/2023
Dividend Payable
4/14/2023
Today
6/05/2023
Ex-Dividend for 7/14 Dividend
6/29/2023
Dividend Payable
7/14/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
General industrial machinery,
Sub-Industry
N/A
Sector
Industrial Products
Current Symbol
NYSE:ESAB
CUSIP
N/A
CIK
1877322
Web
www.esab.com
Phone
301-323-9099
Fax
N/A
Employees
9,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$70.80
High Stock Price Forecast
$76.00
Low Stock Price Forecast
$63.00
Forecasted Upside/Downside
+15.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$3.29
Trailing P/E Ratio
18.70
Forward P/E Ratio
15.42
P/E Growth
3.35
Net Income
$223.75 million
Net Margins
7.61%
Pretax Margin
10.92%
Return on Equity
18.50%
Return on Assets
6.71%

Debt

Debt-to-Equity Ratio
0.83
Current Ratio
1.68
Quick Ratio
0.97

Sales & Book Value

Annual Sales
$2.59 billion
Price / Sales
1.43
Cash Flow
$5.21 per share
Price / Cash Flow
11.80
Book Value
$23.11 per share
Price / Book
2.66

Miscellaneous

Outstanding Shares
60,220,000
Free Float
56,006,000
Market Cap
$3.70 billion
Optionable
Optionable
Beta
1.36

Key Executives

  • Mr. Shyam P. Kambeyanda (Age 51)
    Pres, CEO & Director
  • Mr. Kevin J. Johnson FCPA (Aust) (Age 46)
    Chief Financial Officer
  • Mr. Curtis E. Jewell (Age 40)
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Ms. Michele Campion (Age 46)
    Chief HR Officer
  • Mr. Vusa Mlingo (Age 52)
    Sr. VP of Strategy & Bus. Devel.
  • Mr. Olivier Biebuyck (Age 51)
    Pres of EMEA

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













ESAB Stock - Frequently Asked Questions

Should I buy or sell ESAB stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ESAB in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ESAB shares.
View ESAB analyst ratings or view top-rated stocks.

What is ESAB's stock price forecast for 2023?

5 brokerages have issued 12-month price targets for ESAB's shares. Their ESAB share price forecasts range from $63.00 to $76.00. On average, they anticipate the company's share price to reach $70.80 in the next year. This suggests a possible upside of 15.1% from the stock's current price.
View analysts price targets for ESAB or view top-rated stocks among Wall Street analysts.

How have ESAB shares performed in 2023?

ESAB's stock was trading at $46.92 at the start of the year. Since then, ESAB stock has increased by 31.1% and is now trading at $61.52.
View the best growth stocks for 2023 here.

Are investors shorting ESAB?

ESAB saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 513,900 shares, a decline of 30.8% from the April 30th total of 742,300 shares. Based on an average daily volume of 277,200 shares, the short-interest ratio is presently 1.9 days. Currently, 0.9% of the company's 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 Tuesday, August 8th 2023.
View our ESAB earnings forecast.

How were ESAB's earnings last quarter?

ESAB Co. (NYSE:ESAB) announced its earnings results on Tuesday, March, 7th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.92 by $0.13. The company earned $664.13 million during the quarter, compared to analyst estimates of $613.50 million. ESAB had a trailing twelve-month return on equity of 18.50% and a net margin of 7.61%.

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

ESAB declared a quarterly dividend on Thursday, May 11th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.06 per share on Friday, July 14th. This represents a $0.24 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, June 29th. This is a boost from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for ESAB.

What ETFs hold ESAB's stock?

ETFs with the largest weight of ESAB (NYSE:ESAB) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), Small Cap US Equity Select ETF (RNSC), Timothy Plan US Small Cap Core ETF (TPSC), Syntax Stratified MidCap ETF (SMDY), iShares S&P Mid-Cap 400 Value ETF (IJJ), SPDR S&P 400 Mid Cap Value ETF (MDYV), Vanguard S&P Mid-Cap 400 Value ETF (IVOV) and JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC).

Is ESAB a good dividend stock?

ESAB (NYSE:ESAB) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.32%. The dividend payout ratio is 6.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESAB will have a dividend payout ratio of 4.51% 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 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $3.85-$4.05 for the period, compared to the consensus estimate of $3.92. The company issued revenue guidance of -.

What is ESAB's stock symbol?

ESAB trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESAB."

Who are ESAB's major shareholders?

ESAB's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.54%), Cooke & Bieler LP (6.43%), Price T Rowe Associates Inc. MD (4.23%), Diamond Hill Capital Management Inc. (4.04%), FMR LLC (3.57%) and Dimensional Fund Advisors LP (3.35%). Insiders that own company stock include Christopher M Hix, Curtis E Jewell, Kevin J Johnson, Mitchell P Rales, Olivier Biebuyck, Patrick W Allender and Rhonda L Jordan.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ESAB's stock price today?

One share of ESAB stock can currently be purchased for approximately $61.52.

How much money does ESAB make?

ESAB (NYSE:ESAB) has a market capitalization of $3.70 billion and generates $2.59 billion in revenue each year. The company earns $223.75 million in net income (profit) each year or $3.29 on an earnings per share basis.

How many employees does ESAB have?

The company employs 9,000 workers across the globe.

How can I contact ESAB?

ESAB's mailing address is 909 ROSE AVENUE 8TH FLOOR, NORTH BETHESDA MD, 20852. The official website for the company is www.esab.com. The company can be reached via phone at 301-323-9099 or via email at investorrelations@esab.com.

This page (NYSE:ESAB) was last updated on 6/5/2023 by MarketBeat.com Staff

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