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ESAB Corporation (ESAB)
NYSE:ESAB
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ESAB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$61.43 - $114.77
Previous Close$103.3
Volume88.95K
Average Volume (3M)241.53K
Market Cap
$6.37B
Enterprise Value$7.14B
Total Cash (Recent Filing)$228.47M
Total Debt (Recent Filing)$1.08B
Price to Earnings (P/E)25.2
Beta1.39
Next Earnings
Oct 31, 2024EPS Estimate
$1.14Next Dividend Ex-Date
Sep 27, 2024Dividend Yield0.25%
Share Statistics
EPS (TTM)4.12
Shares Outstanding60,440,753
10 Day Avg. Volume241,773
30 Day Avg. Volume241,534
Standard Deviation0.11
R-Squared0.45
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)3.65
Price to Sales (P/S)2.27
Price to Cash Flow (P/CF)18.90
P/FCF Ratio21.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.58
Enterprise Value/Gross Profit7.03
Enterprise Value/Ebitda20.45
Forecast
1Y Price Target
$118.00Price Target Upside12.03% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
ESAB Corporation News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceESAB generated FCF of $78.8mn, up 35% YoY, and leverage fell to 1.7x (vs 2.4x 1H23).
Market PositionESAB remains better positioned to weather the short-cycle slowdown given differentiated gas control and automation businesses and emerging markets exposure.
Operating PerformanceESAB’s unique exposures in emerging markets and the gas control business have led to a fifth consecutive quarter of above-peer growth.
Bears Say
EarningsFY24 organic, EBITDA guidance trimmed.
Market DemandSoftening in North America due to weaker consumables end-user demand in Auto and Machinery verticals.
SalesFull-year organic growth flat with total sales growth down 0.5-2.5% implied range of $2.56-2.61 billion vs. the $2.69 billion prior consensus.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ESAB FAQ
What was ESAB Corporation’s price range in the past 12 months?
ESAB Corporation lowest stock price was $61.43 and its highest was $114.77 in the past 12 months.
What is ESAB Corporation’s market cap?
Currently, no data Available
When is ESAB Corporation’s upcoming earnings report date?
ESAB Corporation’s upcoming earnings report date is Oct 31, 2024 which is in 41 days.
How were ESAB Corporation’s earnings last quarter?
ESAB Corporation released its earnings results on Aug 02, 2024. The company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.268 by $0.052.
Is ESAB Corporation overvalued?
According to Wall Street analysts ESAB Corporation’s price is currently Undervalued.
Does ESAB Corporation pay dividends?
ESAB Corporation pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 0.25%. See more information on ESAB Corporation dividends here
What is ESAB Corporation’s EPS estimate?
ESAB Corporation’s EPS estimate is $1.14.
How many shares outstanding does ESAB Corporation have?
ESAB Corporation has 60,440,754 shares outstanding.
What happened to ESAB Corporation’s price movement after its last earnings report?
ESAB Corporation reported an EPS of $1.32 in its last earnings report, beating expectations of $1.268. Following the earnings report the stock price went down -2.29%.
Which hedge fund is a major shareholder of ESAB Corporation?
Among the largest hedge funds holding ESAB Corporation’s share is Royce & Associates LLC. It holds ESAB Corporation’s shares valued at 65M.
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ESAB Corporation Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$118.00 (12.03% Upside)
$118.00 (12.03% Upside)
Blogger Sentiment
Neutral
ESAB Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 73.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.06%
12-Months-Change
Fundamentals
Return on Equity
16.36%
Trailing 12-Months
Asset Growth
2.70%
Trailing 12-Months
Company Description
ESAB Corporation
ESAB Corp formulates, develops, manufactures and supplies consumable products and equipment for use in the cutting, joining and automated welding, as well as gas control equipment.
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ESAB Company Deck
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ESAB Earnings Call
Q2 2024
0:00 / 0:00
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ESAB Stock 12 Month Forecast
Average Price Target
$118.00
▲(12.03% Upside)
Technical Analysis
Best Analysts Covering ESAB
1 Year
1 Year Success Rate
17/18 ratings generated profit
1 Year Average Return
+46.93%
reiterated a buy rating 2 months ago
Copying Nathan Jones's trades and holding each position for 1 Year would result in 94.44% of your transactions generating a profit, with an average return of +46.93% per trade.
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