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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Freshworks gets juiced on its AI customer engagement platform
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
All the trading advice you’ve ever received boils down to this (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
All the trading advice you’ve ever received boils down to this (Ad)
3 tech outperformers adored by analysts
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Freshworks gets juiced on its AI customer engagement platform
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
All the trading advice you’ve ever received boils down to this (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
All the trading advice you’ve ever received boils down to this (Ad)
3 tech outperformers adored by analysts
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Freshworks gets juiced on its AI customer engagement platform
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
All the trading advice you’ve ever received boils down to this (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
All the trading advice you’ve ever received boils down to this (Ad)
3 tech outperformers adored by analysts
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it

ESAB (ESAB) Stock Price, News & Analysis

$82.15
+0.65 (+0.80%)
(As of 12/8/2023 08:56 PM ET)
Compare
Today's Range
$81.00
$82.30
50-Day Range
$62.10
$82.15
52-Week Range
$46.27
$82.35
Volume
222,000 shs
Average Volume
249,425 shs
Market Capitalization
$4.95 billion
P/E Ratio
23.27
Dividend Yield
0.29%
Price Target
$81.25

ESAB MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.1% Downside
$81.25 Price Target
Short Interest
Healthy
0.66% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.80mentions of ESAB in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$596,058 Sold Last Quarter
Proj. Earnings Growth
9.86%
From $4.36 to $4.79 Per Share

Overall MarketRank

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

2.27 out of 5 stars

Industrial Products Sector

75th out of 167 stocks

General Industrial Machinery, Industry

3rd out of 9 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, 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 Stock Price History

ESAB Stock News Headlines

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
ESAB declares $0.06 dividend
The Latest Analyst Ratings for ESAB
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
ESAB Corp ESAB
FLINT Announces Third Quarter 2023 Financial Results
Q3 2023 ESAB Corp Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Last Earnings
11/01/2023
Today
12/11/2023
Ex-Dividend for 1/12 Dividend
12/28/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/12/2024
Next Earnings (Estimated)
3/05/2024

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
$81.25
High Stock Price Target
$95.00
Low Stock Price Target
$73.00
Potential Upside/Downside
-1.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$223.75 million
Pretax Margin
11.19%

Debt

Sales & Book Value

Annual Sales
$2.75 billion
Cash Flow
$5.39 per share
Book Value
$23.11 per share

Miscellaneous

Free Float
56,052,000
Market Cap
$4.95 billion
Optionable
Optionable
Beta
1.48
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Key Executives















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 4 hold ratings and 4 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 brokers have issued 12 month price objectives for ESAB's shares. Their ESAB share price targets range from $73.00 to $95.00. On average, they anticipate the company's share price to reach $81.25 in the next twelve months. This suggests that the stock has a possible downside of 1.1%.
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 beginning of 2023. Since then, ESAB shares have increased by 75.1% and is now trading at $82.15.
View the best growth stocks for 2023 here
.

Are investors shorting ESAB?

ESAB saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 374,900 shares, a decline of 12.4% from the October 31st total of 428,100 shares. Based on an average daily trading volume, of 237,600 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.7% of the company's shares 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, March 5th 2024.
View our ESAB earnings forecast
.

How were ESAB's earnings last quarter?

ESAB Co. (NYSE:ESAB) released its quarterly earnings data on Wednesday, November, 1st. The company reported $1.08 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.16. The firm earned $681.10 million during the quarter, compared to the consensus estimate of $628.17 million. ESAB had a net margin of 7.85% and a trailing twelve-month return on equity of 18.02%. ESAB's revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 earnings per share.

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

ESAB declared a quarterly dividend on Wednesday, December 6th. Shareholders of record on Friday, December 29th will be given a dividend of $0.06 per share on Friday, January 12th. This represents a $0.24 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date is Thursday, December 28th.
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 0.29%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESAB will have a dividend payout ratio of 5.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESAB.

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

ESAB issued an update on its FY 2023 earnings guidance on Wednesday, November, 1st. The company provided EPS guidance of $4.30-$4.40 for the period, compared to the consensus EPS estimate of $4.24. The company issued revenue guidance of $2.59 billion-$2.61 billion, compared to the consensus revenue estimate of $2.62 billion.

Who are ESAB's major shareholders?

ESAB's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (4.80%), Diamond Hill Capital Management Inc. (3.25%), Invesco Ltd. (2.28%), DAVENPORT & Co LLC (1.25%), Massachusetts Financial Services Co. MA (1.20%) and TimesSquare Capital Management LLC (1.02%). Insiders that own company stock include Christopher M Hix, Curtis E Jewell, Kevin J Johnson, Michele Campion, 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.

This page (NYSE:ESAB) was last updated on 12/11/2023 by MarketBeat.com Staff

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