NYSE:ESAB ESAB (ESAB) Stock Forecast, Price & News $70.10 +0.92 (+1.33%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$68.01▼$70.1050-Day Range$67.47▼$73.3652-Week Range$32.12▼$74.15Volume328,232 shsAverage Volume245,549 shsMarket Capitalization$4.22 billionP/E Ratio20.32Dividend Yield0.34%Price Target$80.14 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ESAB MarketRank™ ForecastAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside13.9% Upside$79.88 Price TargetShort InterestHealthy0.67% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.66Based on 6 Articles This WeekInsider TradingSelling Shares$115,926 Sold Last QuarterProj. Earnings Growth12.59%From $4.21 to $4.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.52 out of 5 starsIndustrial Products Sector57th out of 178 stocksGeneral Industrial Machinery, Industry1st out of 11 stocks 3.3 Analyst's Opinion Consensus RatingESAB has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $79.88, ESAB has a forecasted upside of 13.9% from its current price of $70.10.Amount of Analyst CoverageESAB has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.67% of the float of ESAB has been sold short.Short Interest Ratio / Days to CoverESAB has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ESAB has recently increased by 4.13%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldESAB has a dividend yield of 0.34%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthESAB does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of ESAB is 6.96%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ESAB will have a dividend payout ratio of 5.06% next year. This indicates that ESAB will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ESAB. Previous Next 2.0 News and Social Media Coverage News SentimentESAB has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 6 news articles for ESAB this week, compared to 6 articles on an average week.MarketBeat Follows2 people have added ESAB to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ESAB insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $115,926.00 in company stock.Percentage Held by InsidersOnly 7.00% of the stock of ESAB is held by insiders.Percentage Held by Institutions91.56% of the stock of ESAB is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for ESAB are expected to grow by 12.59% in the coming year, from $4.21 to $4.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ESAB is 20.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.57.Price to Earnings Ratio vs. SectorThe P/E ratio of ESAB is 20.32, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.71.Price to Earnings Growth RatioESAB has a PEG Ratio of 1.56. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioESAB has a P/B Ratio of 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ESAB (NYSE:ESAB) StockESAB 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.Read More ESAB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESAB Stock News HeadlinesSeptember 27, 2023 | americanbankingnews.comESAB Co. (NYSE:ESAB) Given Average Recommendation of "Moderate Buy" by AnalystsSeptember 25, 2023 | reuters.comEnovis to buy surgical implants maker LimaCorporate for $850 mlnSeptember 28, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.September 19, 2023 | finance.yahoo.comEsab (ESAB) Surges 6.0%: Is This an Indication of Further Gains?September 19, 2023 | americanbankingnews.comESAB (NYSE:ESAB) Lifted to "Buy" at Bank of AmericaSeptember 18, 2023 | msn.comESAB’s stock rises 8.6% on BofA's upgrade to BuySeptember 18, 2023 | markets.businessinsider.comWhat 8 Analyst Ratings Have To Say About ESABSeptember 18, 2023 | msn.comB of A Securities Upgrades ESAB (ESAB)September 28, 2023 | Stansberry Research (Ad)Are "The Magnificent Seven" the Next Sears?The former retail giant’s sales once accounted for 1% of the U.S. economy. Now it’s nearly extinct. Will the same happen to big tech? Learn more here.September 16, 2023 | finance.yahoo.comInsider Sell: ESAB Corp President, Fab Tech Olivier Biebuyck Sells 460 SharesSeptember 10, 2023 | finance.yahoo.comESAB Insider Ups Holding By 16% During YearSeptember 8, 2023 | barrons.comESAB Corp.September 5, 2023 | msn.comNHYDY or ESAB: Which Is the Better Value Stock Right Now?August 31, 2023 | msn.comESAB (ESAB) Price Target Increased by 6.52% to 80.58August 20, 2023 | finance.yahoo.comESAB Corporation's (NYSE:ESAB) Intrinsic Value Is Potentially 37% Above Its Share PriceAugust 17, 2023 | finance.yahoo.comESAB Corporation to Participate in the 21st CL King Annual Best Ideas Conference 2023August 15, 2023 | msn.comBreakout Stocks: Motilal Oswal, Aurobindo Pharma and ESAB India rise 15-25% in a month. How should you trade on Wednesday?August 3, 2023 | insidermonkey.comESAB Corporation (NYSE:ESAB) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | msn.comJP Morgan Maintains ESAB (ESAB) Neutral RecommendationAugust 3, 2023 | finance.yahoo.comESAB Corporation Just Beat EPS By 5.1%: Here's What Analysts Think Will Happen NextAugust 2, 2023 | markets.businessinsider.comRobert W. Baird Reaffirms Their Buy Rating on ESAB Corporation (ESAB)August 1, 2023 | finance.yahoo.comESAB Aug 2023 80.000 callAugust 1, 2023 | finance.yahoo.comQ2 2023 ESAB Corp Earnings CallAugust 1, 2023 | msn.comEsab (ESAB) Surpasses Q2 Earnings and Revenue EstimatesAugust 1, 2023 | finance.yahoo.comESAB Corporation Announces Second Quarter 2023 ResultsAugust 1, 2023 | msn.comESAB Corporation: Well Done, By The Welding PlayerJuly 14, 2023 | markets.businessinsider.comAnalyst Ratings for ESABSee More Headlines Receive ESAB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ESAB and its competitors with MarketBeat's FREE daily newsletter. Email Address ESAB Company Calendar Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Last Earnings8/01/2023Today9/27/2023Ex-Dividend for 10/13 Dividend9/28/2023Dividend Payable10/13/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry General industrial machinery, Sub-IndustryN/A SectorIndustrial Products Current SymbolNYSE:ESAB CUSIPN/A CIK1877322 Webwww.esab.com Phone301-323-9099FaxN/AEmployees9,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$79.88 High Stock Price Forecast$89.00 Low Stock Price Forecast$73.00 Forecasted Upside/Downside+15.2%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.45 Trailing P/E Ratio20.17 Forward P/E Ratio16.53 P/E Growth1.56Net Income$223.75 million Net Margins7.83% Pretax Margin11.12% Return on Equity18.25% Return on Assets6.86% Debt Debt-to-Equity Ratio0.75 Current Ratio1.73 Quick Ratio1.01 Sales & Book Value Annual Sales$2.59 billion Price / Sales1.62 Cash Flow$5.25 per share Price / Cash Flow13.25 Book Value$23.11 per share Price / Book3.01Miscellaneous Outstanding Shares60,260,000Free Float56,041,000Market Cap$4.19 billion OptionableOptionable Beta1.35 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Shyam P. Kambeyanda (Age 52)Pres, CEO & Director Comp: $2.78MMr. Kevin J. Johnson FCPA (Aust) (Age 47)Exec. VP & CFO Comp: $1.69MMr. Curtis E. Jewell (Age 40)Sr. VP, Gen. Counsel & Corp. Sec. Comp: $1.16MMs. Michele Campion (Age 46)Sr. VP & Chief HR Officer Comp: $1.13MMr. Olivier Biebuyck (Age 51)Pres of Fabrication Technology Comp: $1.37MMr. Renato NegroChief Accounting OfficerMr. 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 More ExecutivesKey CompetitorsATSNYSE:ATSNordsonNASDAQ:NDSNMueller IndustriesNYSE:MLIFranklin ElectricNASDAQ:FELEEnerSysNYSE:ENSView All CompetitorsInsiders & InstitutionsBarclays PLCBought 22,886 shares on 9/21/2023Ownership: 0.052%Olivier BiebuyckSold 535 sharesTotal: $38,568.15 ($72.09/share)Olivier BiebuyckSold 460 sharesTotal: $31,730.80 ($68.98/share)Adalta Capital Management LLCSold 1,133 shares on 8/24/2023Ownership: 0.005%Virginia Retirement Systems ET ALBought 13,100 shares on 8/22/2023Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions ESAB Stock - 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 twelve months. 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 forecast for 2023? 8 equities research analysts have issued 1 year price objectives for ESAB's shares. Their ESAB share price forecasts range from $73.00 to $89.00. On average, they expect the company's share price to reach $79.88 in the next twelve months. This suggests a possible upside of 14.8% 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 at the beginning of 2023. Since then, ESAB shares have increased by 48.3% and is now trading at $69.59. 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 daily volume of 209,700 shares, the short-interest ratio is presently 1.7 days. Currently, 0.6% 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 Thursday, November 2nd 2023. View our ESAB earnings forecast. How were ESAB's earnings last quarter? ESAB Co. (NYSE:ESAB) issued its quarterly earnings data on Tuesday, August, 1st. The company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.16. The company had revenue of $720.40 million for the quarter, compared to analysts' expectations of $665.13 million. ESAB had a net margin of 7.83% and a trailing twelve-month return on equity of 18.25%. The company's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.08 EPS. How often does ESAB pay dividends? What is the dividend yield for ESAB? ESAB declared a quarterly dividend on Thursday, September 14th. Investors 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 dividend yield of 0.34%. The ex-dividend date of this dividend is Thursday, September 28th. 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), First Trust Mid Cap Growth AlphaDEX Fund (FNY) and First Trust US Equity Opportunities ETF (FPX).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ). 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 0.34%. 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 earnings per share guidance of $4.10-$4.30 for the period, compared to the consensus EPS 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 number of institutional and retail 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 $69.59. How much money does ESAB make? ESAB (NYSE:ESAB) has a market capitalization of $4.19 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 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ESAB Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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