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NYSE:ESAB

ESAB (ESAB) Stock Forecast, Price & News

$70.67
+1.52 (+2.20%)
(As of 03:43 PM ET)
Compare
Today's Range
$69.25
$70.78
50-Day Range
$67.47
$73.36
52-Week Range
$32.12
$74.15
Volume
86,196 shs
Average Volume
245,353 shs
Market Capitalization
$4.26 billion
P/E Ratio
20.48
Dividend Yield
0.34%
Price Target
$80.14

ESAB MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
14.0% Upside
$80.14 Price Target
Short Interest
Healthy
0.64% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of ESAB in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$115,926 Sold Last Quarter
Proj. Earnings Growth
12.59%
From $4.21 to $4.74 Per Share

Overall MarketRank

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

2.74 out of 5 stars

Industrial Products Sector

37th out of 179 stocks

General Industrial Machinery, Industry

1st out of 8 stocks


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; and 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 Price History

ESAB Stock News Headlines

Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
ESAB (NYSE:ESAB) Lifted to "Buy" at Bank of America
What 8 Analyst Ratings Have To Say About ESAB
B of A Securities Upgrades ESAB (ESAB)
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
ESAB Insider Ups Holding By 16% During Year
ESAB Corp.
Robert W. Baird Reaffirms Their Buy Rating on ESAB Corporation (ESAB)
ESAB Aug 2023 80.000 call
Q2 2023 ESAB Corp Earnings Call
ESAB Corporation Announces Second Quarter 2023 Results
Analyst Ratings for ESAB
See More Headlines
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ESAB Company Calendar

Ex-Dividend for 7/14 Dividend
6/29/2023
Dividend Payable
7/14/2023
Last Earnings
8/01/2023
Today
9/25/2023
Ex-Dividend for 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

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 Forecast
$80.14
High Stock Price Forecast
$89.00
Low Stock Price Forecast
$73.00
Forecasted Upside/Downside
+13.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$223.75 million
Pretax Margin
11.12%

Debt

Sales & Book Value

Annual Sales
$2.59 billion
Cash Flow
$5.45 per share
Book Value
$23.11 per share

Miscellaneous

Free Float
56,041,000
Market Cap
$4.24 billion
Optionable
Optionable
Beta
1.35
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Key Executives

  • Mr. Shyam P. Kambeyanda (Age 52)
    Pres, CEO & Director
    Comp: $2.78M
  • Mr. Kevin J. Johnson FCPA (Aust) (Age 47)
    Exec. VP & CFO
    Comp: $1.69M
  • Mr. Curtis E. JewellMr. Curtis E. Jewell (Age 40)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.16M
  • Ms. Michele Campion (Age 46)
    Sr. VP & Chief HR Officer
    Comp: $1.13M
  • Mr. Olivier BiebuyckMr. Olivier Biebuyck (Age 51)
    Pres of Fabrication Technology
    Comp: $1.37M
  • Mr. Renato Negro
    Chief Accounting Officer
  • Mr. Vusa Mlingo (Age 53)
    Sr. VP of Strategy & Bus. Devel.
  • Mr. John P. Dion (Age 58)
    Sr. VP of ESAB Bus. Excellence
  • Ms. Eleanor Lukens (Age 58)
    Pres of Americas













ESAB Stock - Frequently Asked Questions

Should I buy or sell ESAB stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ESAB in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ESAB shares.
View ESAB analyst ratings
or view top-rated stocks.

What is ESAB's stock price forecast for 2023?

7 brokers have issued 1-year target prices for ESAB's stock. Their ESAB share price forecasts range from $73.00 to $89.00. On average, they expect the company's share price to reach $80.14 in the next twelve months. This suggests a possible upside of 13.8% 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 on January 1st, 2023. Since then, ESAB stock has increased by 50.1% and is now trading at $70.41.
View the best growth stocks for 2023 here
.

Are investors shorting ESAB?

ESAB saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 361,000 shares, a drop of 14.9% from the August 15th total of 424,400 shares. Based on an average trading volume of 209,700 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.6% of the company's stock are short sold.
View ESAB's Short Interest
.

When is ESAB's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ESAB earnings forecast
.

How were ESAB's earnings last quarter?

ESAB Co. (NYSE:ESAB) issued its earnings results on Tuesday, August, 1st. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $1.05 by $0.16. The business had revenue of $720.40 million for the quarter, compared to the consensus estimate of $665.13 million. ESAB had a trailing twelve-month return on equity of 18.25% and a net margin of 7.83%. ESAB's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.08 earnings per share.

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

ESAB declared a quarterly dividend on Thursday, September 14th. Stockholders of record on Friday, September 29th will be given a dividend of $0.06 per share on Friday, October 13th. This represents a $0.24 annualized dividend and a yield of 0.34%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for ESAB
.

What ETFs hold ESAB's stock?
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 0.35%. The dividend payout ratio is 6.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESAB will have a dividend payout ratio of 5.06% 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 issued an update on its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $4.10-$4.30 for the period, compared to the consensus estimate of $4.04. 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. (7.43%), Cooke & Bieler LP (5.01%), Diamond Hill Capital Management Inc. (3.67%), Dimensional Fund Advisors LP (3.49%), State Street Corp (2.44%) and Alliancebernstein L.P. (2.27%). 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 $70.41.

How much money does ESAB make?

ESAB (NYSE:ESAB) has a market capitalization of $4.24 billion and generates $2.59 billion in revenue each year. The company earns $223.75 million in net income (profit) each year or $3.45 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 9/25/2023 by MarketBeat.com Staff

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