ESAB (ESAB) Stock Price, News & Analysis $82.15 +0.65 (+0.80%) (As of 12/8/2023 08:56 PM ET) Add Compare Share Share Today's Range$81.00▼$82.3050-Day Range$62.10▼$82.1552-Week Range$46.27▼$82.35Volume222,000 shsAverage Volume249,425 shsMarket Capitalization$4.95 billionP/E Ratio23.27Dividend Yield0.29%Price Target$81.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media ESAB MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside1.1% Downside$81.25 Price TargetShort InterestHealthy0.66% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.80Based on 15 Articles This WeekInsider TradingSelling Shares$596,058 Sold Last QuarterProj. Earnings Growth9.86%From $4.36 to $4.79 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.2.27 out of 5 starsIndustrial Products Sector75th out of 167 stocksGeneral Industrial Machinery, Industry3rd out of 9 stocks 1.3 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 $81.25, ESAB has a forecasted downside of 1.1% from its current price of $82.15.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 Shorted0.66% of the float of ESAB has been sold short.Short Interest Ratio / Days to CoverESAB has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ESAB has recently decreased by 12.43%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldESAB has a dividend yield of 0.29%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthESAB has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of ESAB is 6.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ESAB will have a dividend payout ratio of 5.01% 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 3.8 News and Social Media Coverage News SentimentESAB has a news sentiment score of 0.80. 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 0.64 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 15 news articles for ESAB this week, compared to 6 articles on an average week.Search Interest2 people have searched for ESAB on MarketBeat in the last 30 days. MarketBeat Follows4 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 $596,058.00 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 9.86% in the coming year, from $4.36 to $4.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ESAB is 23.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.75.Price to Earnings Ratio vs. SectorThe P/E ratio of ESAB is 23.27, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.46.Price to Earnings Growth RatioESAB has a PEG Ratio of 1.59. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioESAB has a P/B Ratio of 3.55. 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 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.Read More ESAB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESAB Stock News HeadlinesDecember 11, 2023 | americanbankingnews.comESAB Co. (NYSE:ESAB) Receives Consensus Recommendation of "Moderate Buy" from AnalystsDecember 8, 2023 | finance.yahoo.comInsider Sell Alert: ESAB Corp's Michele Campion Unloads SharesDecember 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix 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.comDecember 7, 2023 | markets.businessinsider.comBuy Rating Affirmed for ESAB Corporation Amid Strong Growth and Financial OutlookDecember 7, 2023 | americanbankingnews.comESAB (NYSE:ESAB) Price Target Increased to $95.00 by Analysts at Robert W. BairdDecember 6, 2023 | msn.comESAB declares $0.06 dividendDecember 6, 2023 | finance.yahoo.comESAB Corporation: ESAB: Well Positioned to Continue Driving Strong Revenue Growth and Margin ExpansionDecember 6, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for ESABDecember 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix 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.comDecember 6, 2023 | finance.yahoo.comShould You Be Confident in ESAB Corporation (ESAB)’s Long-Term Prospects?November 29, 2023 | benzinga.comESAB Stock (NYSE:ESAB), Analyst Ratings, Price Targets, PredictionsNovember 22, 2023 | finance.yahoo.comIs ESAB Corporation's (NYSE:ESAB) Recent Stock Performance Tethered To Its Strong Fundamentals?November 20, 2023 | seekingalpha.comESAB Corporation: Solid Innovation Opportunity But OvervaluedNovember 19, 2023 | seekingalpha.comESAB Corporation: Attractively Valued With Good Growth ProspectsNovember 15, 2023 | morningstar.comESAB Corp ESABNovember 8, 2023 | msn.comChart Check: 30% rally in a month! Should you book profits or buy ESAB India?November 7, 2023 | finance.yahoo.comIs ESAB Corporation (ESAB) Outperforming Other Industrial Products Stocks This Year?November 6, 2023 | finance.yahoo.comESAB Corporation (ESAB) Hits Fresh High: Is There Still Room to Run?November 4, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Industrial Goods Stocks: Beacon Roofing Supply (BECN) and ESAB Corporation (ESAB)November 2, 2023 | markets.businessinsider.comFLINT Announces Third Quarter 2023 Financial ResultsNovember 2, 2023 | finance.yahoo.comESAB Corporation (NYSE:ESAB) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comHere's Why ESAB (NYSE:ESAB) Has Caught The Eye Of InvestorsNovember 2, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Industrial Goods Stocks: ESAB Corporation (ESAB), Livent (LTHM)November 2, 2023 | finance.yahoo.comQ3 2023 ESAB Corp Earnings CallNovember 1, 2023 | finance.yahoo.comESAB Corp (ESAB) Reports 10% Increase in Q3 Sales and Raises Full Year 2023 OutlookNovember 1, 2023 | msn.comESAB GAAP EPS of $0.94 misses by $0.01, revenue of $680.99M beats by $52.75MNovember 1, 2023 | finance.yahoo.comESAB Corporation Announces Third Quarter 2023 Results And Raises Full Year GuidanceSee 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 Company Calendar Ex-Dividend for 10/13 Dividend9/28/2023Dividend Payable10/13/2023Last Earnings11/01/2023Today12/11/2023Ex-Dividend for 1/12 Dividend12/28/2023Fiscal Year End12/31/2023Dividend Payable1/12/2024Next Earnings (Estimated)3/05/2024Get 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 Target$81.25 High Stock Price Target$95.00 Low Stock Price Target$73.00 Potential Upside/Downside-1.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.53 Trailing P/E Ratio23.27 Forward P/E Ratio18.84 P/E Growth1.59Net Income$223.75 million Net Margins7.85% Pretax Margin11.19% Return on Equity18.02% Return on Assets7.03% Debt Debt-to-Equity Ratio0.71 Current Ratio1.69 Quick Ratio0.99 Sales & Book Value Annual Sales$2.75 billion Price / Sales1.80 Cash Flow$5.39 per share Price / Cash Flow15.24 Book Value$23.11 per share Price / Book3.55Miscellaneous Outstanding Shares60,271,000Free Float56,052,000Market Cap$4.95 billion OptionableOptionable Beta1.48 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Shyam P. Kambeyanda (Age 52)President, CEO & Director Comp: $2.78MMr. Kevin J. Johnson FCPA (Aust) (Age 47)Executive VP & CFO Comp: $1.69MMr. Curtis E. Jewell (Age 40)Senior VP, General Counsel & Corporate Secretary Comp: $1.16MMs. Michele Campion (Age 46)Senior VP & Chief Human Resources Officer Comp: $1.13MMr. Olivier Biebuyck (Age 51)President of Fabrication Technology Comp: $1.37MMr. Renato NegroChief Accounting OfficerMr. Vusa Mlingo (Age 53)Senior Vice President of Strategy & Business Development Mr. John P. Dion (Age 58)Senior Vice President of ESAB Business Excellence Ms. Eleanor Lukens (Age 58)President of Americas More ExecutivesKey CompetitorsATSNYSE:ATSNordsonNASDAQ:NDSNMueller IndustriesNYSE:MLIAtkoreNYSE:ATKRCasella Waste SystemsNASDAQ:CWSTView All CompetitorsInsiders & InstitutionsRaleigh Capital Management Inc.Bought 154 shares on 12/8/2023Ownership: 0.001%Michele CampionSold 4,934 sharesTotal: $403,206.48 ($81.72/share)Citigroup Inc.Sold 1,553 shares on 12/6/2023Ownership: 0.005%Raleigh Capital Management Inc.Bought 154 shares on 12/6/2023Ownership: 0.001%American Century Companies Inc.Sold 109,404 shares on 11/30/2023Ownership: 0.298%View All Insider TransactionsView All Institutional Transactions 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? 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). 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 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. 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