NYSE:ESAB ESAB (ESAB) Stock Forecast, Price & News $61.50 -1.58 (-2.50%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$61.09▼$62.6050-Day Range$55.52▼$63.0852-Week Range$32.12▼$63.55Volume144,702 shsAverage Volume263,607 shsMarket Capitalization$3.70 billionP/E Ratio18.70Dividend Yield0.33%Price Target$70.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ESAB MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside15.1% Upside$70.80 Price TargetShort InterestHealthy0.91% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.00Based on 3 Articles This WeekInsider TradingSelling Shares$352,423 Sold Last QuarterProj. Earnings Growth11.03%From $3.99 to $4.43 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.2.54 out of 5 starsIndustrial Products Sector36th out of 178 stocksGeneral Industrial Machinery, Industry1st out of 11 stocks 2.4 Analyst's Opinion Consensus RatingESAB has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.80, ESAB has a forecasted upside of 15.1% from its current price of $61.52.Amount of Analyst CoverageESAB has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.91% of the float of ESAB has been sold short.Short Interest Ratio / Days to CoverESAB has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ESAB has recently decreased by 30.77%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldESAB has a dividend yield of 0.32%, 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 6.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ESAB will have a dividend payout ratio of 4.51% 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 2.8 News and Social Media Coverage News SentimentESAB has a news sentiment score of 1.00. 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 is a higher news sentiment than the 0.66 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for ESAB this week, compared to 6 articles on an average week.MarketBeat Follows3 people have added ESAB to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $352,423.00 in company stock.Percentage Held by InsidersOnly 7.00% of the stock of ESAB is held by insiders.Percentage Held by Institutions80.23% 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 11.03% in the coming year, from $3.99 to $4.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ESAB is 18.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.17.Price to Earnings Ratio vs. SectorThe P/E ratio of ESAB is 18.70, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.52.Price to Earnings Growth RatioESAB has a PEG Ratio of 3.35. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioESAB has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued 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, 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.Read More 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 Stock News HeadlinesMay 31, 2023 | americanbankingnews.comFinancial Comparison: Nauticus Robotics (NASDAQ:KITT) versus ESAB (NYSE:ESAB)May 29, 2023 | finance.yahoo.comESAB Corporation's (NYSE:ESAB) Stock Has Fared Decently: Is the Market Following Strong Financials?June 5, 2023 | MarketBeat Internal (Ad)Get MarketBeat All Access Free for 30 DaysMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Try it free for 30 days.May 19, 2023 | americanbankingnews.comCL King Begins Coverage on ESAB (NYSE:ESAB)May 17, 2023 | marketwatch.comFriction Welding Market 2023: Insights and Strategies | 2031May 16, 2023 | finance.yahoo.comESAB Corporation to Present at the 2023 Stifel Cross Sector Insight ConferenceMay 15, 2023 | msn.comEsab (ESAB) Moves to Strong Buy: Rationale Behind the UpgradeMay 15, 2023 | finance.yahoo.comDoes ESAB Corporation (ESAB) Have a Strong Position in Emerging Markets?June 5, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>May 14, 2023 | americanbankingnews.comESAB (NYSE:ESAB) vs. Reelcause (OTCMKTS:RCIT) Critical AnalysisMay 13, 2023 | marketwatch.comAluminium Welding Wire Market: Trends, Recent Growth till 2030May 13, 2023 | msn.comESAB (ESAB) Declares $0.06 DividendMay 11, 2023 | americanbankingnews.comESAB Co. (NYSE:ESAB) Director Sells $118,527.40 in StockMay 11, 2023 | americanbankingnews.comHead-To-Head Comparison: ESAB (NYSE:ESAB) & Integrated Environmental Technologies (OTCMKTS:IEVM)May 11, 2023 | marketwatch.comPAPR Respirators Market Size, Share and Demand with Forecast 2030May 10, 2023 | benzinga.comDirector at ESAB Exercises Options Worth $222KMay 9, 2023 | marketwatch.comFriction Welder Market Future Growth Opportunities 2023-2029 by Key Players | Branson (Emerson) , KUKA , Thompson Friction Welding , ESABMay 9, 2023 | marketwatch.comAluminum Welding Wires Market Industry Global Latest Trends and Insights 2023 to 2030 ESAB (Colfax Corporation), Lincoln Electric, ITWMay 8, 2023 | americanbankingnews.comContrasting ESAB (NYSE:ESAB) and Integrated Environmental Technologies (OTCMKTS:IEVM)May 6, 2023 | americanbankingnews.comESAB (NYSE:ESAB) Price Target Raised to $75.00May 5, 2023 | msn.comLooking Into ESAB's Return On Capital EmployedMay 5, 2023 | marketwatch.comWelding Camera Market Emerging Trends till 2031May 4, 2023 | marketwatch.comCellulose Electrode Market Historical Trends and Future Prospect till 2031May 4, 2023 | americanbankingnews.comESAB (NYSE:ESAB) Shares Gap Up After Strong EarningsMay 4, 2023 | marketwatch.comPlasma Cutting Systems Market is Booming Across the WorldMay 4, 2023 | americanbankingnews.comRobert W. Baird Increases ESAB (NYSE:ESAB) Price Target to $70.00May 3, 2023 | msn.comBaird Maintains ESAB (ESAB) Outperform RecommendationSee More Headlines ESAB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESAB Company Calendar Last Earnings3/07/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Today6/05/2023Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Next Earnings (Estimated)8/08/2023Fiscal 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$70.80 High Stock Price Forecast$76.00 Low Stock Price Forecast$63.00 Forecasted Upside/Downside+15.1%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$3.29 Trailing P/E Ratio18.70 Forward P/E Ratio15.42 P/E Growth3.35Net Income$223.75 million Net Margins7.61% Pretax Margin10.92% Return on Equity18.50% Return on Assets6.71% Debt Debt-to-Equity Ratio0.83 Current Ratio1.68 Quick Ratio0.97 Sales & Book Value Annual Sales$2.59 billion Price / Sales1.43 Cash Flow$5.21 per share Price / Cash Flow11.80 Book Value$23.11 per share Price / Book2.66Miscellaneous Outstanding Shares60,220,000Free Float56,006,000Market Cap$3.70 billion OptionableOptionable Beta1.36 Key ExecutivesMr. 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 More ExecutivesKey CompetitorsNordsonNASDAQ:NDSNJohn Bean TechnologiesNYSE:JBTBeldenNYSE:BDCClear SecureNYSE:YOUHillenbrandNYSE:HIView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 3,355 shares on 6/1/2023Ownership: 0.176%Ameriprise Financial Inc.Sold 1,686 shares on 5/22/2023Ownership: 0.105%JPMorgan Chase & Co.Bought 14,833 shares on 5/18/2023Ownership: 0.181%New York State Common Retirement FundBought 37,030 shares on 5/18/2023Ownership: 0.142%Ancora Advisors LLCBought 1,220 shares on 5/16/2023Ownership: 0.094%View All Insider TransactionsView 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 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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