ESAB Corporation (ESAB)

NYSE: ESAB · IEX Real-Time Price · USD
92.60
-0.16 (-0.17%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.17%
Market Cap 5.60B
Revenue (ttm) 2.78B
Net Income (ttm) 233.33M
Shares Out 60.42M
EPS (ttm) 3.81
PE Ratio 24.30
Forward PE 17.88
Dividend $0.32 (0.35%)
Ex-Dividend Date Jun 28, 2024
Volume 253,694
Open 93.01
Previous Close 92.76
Day's Range 92.06 - 93.65
52-Week Range 61.43 - 114.77
Beta 1.42
Analysts Buy
Price Target 98.63 (+6.51%)
Earnings Date Jul 30, 2024

About ESAB

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and 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 of... [Read more]

Sector Industrials
Founded 1904
Employees 9,000
Stock Exchange NYSE
Ticker Symbol ESAB
Full Company Profile

Financial Performance

In 2023, ESAB's revenue was $2.77 billion, an increase of 6.99% compared to the previous year's $2.59 billion. Earnings were $205.29 million, a decrease of -8.25%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ESAB stock is "Buy." The 12-month stock price forecast is $98.63, which is an increase of 6.51% from the latest price.

Price Target
$98.63
(6.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ESAB Announces Distribution Agreement With INFRA Group

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation announces distribution agreement with INFRA Group to expand the availability of ESAB's fabrication portfolio to custom...

4 weeks ago - Business Wire

ESAB Corporation Enters into Agreement to Acquire the Welding Business of Linde Bangladesh

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation announces agreement to acquire Linde Industries Private Limited (LIPL) a market leader in welding consumables in Bangl...

4 weeks ago - Business Wire

ESAB Corporation Board Declares Increased Dividend

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation Board Declares Increased Dividend.

7 weeks ago - Business Wire

ESAB Corporation Announces First Quarter 2024 Results

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation 1Q 2024 Earnings.

2 months ago - Business Wire

ESAB Corporation Releases Second Annual Sustainability Report

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation releases second annual sustainability report and new commitment to 50% global electricity coming from renewable source...

3 months ago - Business Wire

ESAB Corporation Schedules First Quarter 2024 Earnings Release and Conference Call

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB1Q24Earnings--ESAB Corporation Schedules First Quarter 2024 Earnings Release and Conference Call.

3 months ago - Business Wire

ESAB Corporation Announces Upsizing and Pricing of its 6.25% Senior Notes due 2029

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB--ESAB Corporation Announces Upsizing and Pricing of its 6.25% Senior Notes due 2029.

3 months ago - Business Wire

ESAB Corporation Announces Offering of Senior Notes

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB--ESAB announced today that it intends to offer senior notes.

3 months ago - Business Wire

ESAB Corporation Announces Fourth Quarter 2023 Results and Initiates Full Year 2024 Guidance

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB4Q2023--ESAB Corporation Announces Fourth Quarter 2023 Results and Initiates Full Year 2024 Guidance.

4 months ago - Business Wire

ESAB Corporation Board Declares Dividend

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation declares a quarterly cash dividend to shareholders of record as of March 29, 2024.

4 months ago - Business Wire

ESAB Corporation Schedules Fourth Quarter 2023 Earnings Release and Conference Call

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB4QEarnings--ESAB Corporation Schedules Fourth Quarter 2023 Earnings Release and Conference Call.

5 months ago - Business Wire

ESAB Corporation Announces Third Quarter 2023 Results And Raises Full Year Guidance

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #3QEarnings--ESAB Corporation 3Q 2023 Earnings Press Release.

8 months ago - Business Wire

ESAB Corporation Announces 2023 Investor Day

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ShapingTheWorldWeImagine--ESAB announces it will host its 2023 Investor Day on Tuesday, December 5, 2023.

9 months ago - Business Wire

ESAB Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB--ESAB Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call.

9 months ago - Business Wire

ESAB Corporation to Participate in the 21st CL King Annual Best Ideas Conference 2023

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation to Participate in the 21st CL King Annual Best Ideas Conference 2023.

11 months ago - Business Wire

ESAB Corporation Announces Second Quarter 2023 Results

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation Announces Second Quarter 2023 Results.

1 year ago - Business Wire

ESAB Corporation enters partnership with GRI to promote sustainability

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation announces a new partnership with GRI Renewable Industries focused on sustainability.

1 year ago - Business Wire

ESAB Corporation Schedules Second Quarter 2023 Earnings Release and Conference Call

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation Schedules Second Quarter 2023 Earnings Release and Conference Call.

1 year ago - Business Wire

ESAB Corporation to Present at the 2023 Stifel Cross Sector Insight Conference

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #2023StifelCrossSectorInsightConference--ESAB Corporation to Present at the 2023 Stifel Cross Sector Insight Conference.

1 year ago - Business Wire

ESAB Corporation Announces First Quarter 2023 Results

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #1Q2023--ESAB Corporation Announces 1Q 2023 Earnings.

1 year ago - Business Wire

ESAB Corporation Schedules First Quarter 2023 Earnings Release and Conference Call

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ShapingTheWorldWeImagine--ESAB Corporation First Quarter 2023 Earnings Date Announcement

1 year ago - Business Wire

ESAB Corporation Releases Inaugural Sustainability Report

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation releases inaugural sustainability report and commits to 30% reduction in greenhouse gas emissions by 2030.

1 year ago - Business Wire

ESAB Corporation Announces Fourth Quarter 2022 Results

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation, a world leader in connected fabrication technology and gas control solutions, announces strong financial results for ...

1 year ago - Business Wire

ESAB Corporation Schedules Fourth Quarter 2022 Earnings Release and Conference Call

ESAB Corporation Schedules Fourth Quarter 2022 Earnings Release and Conference Call

1 year ago - Business Wire

ESAB Debuts its First Battery-Powered Welding Machine

NORTH BETHESDA, Md.--(BUSINESS WIRE)--Today ESAB, part of ESAB Corporation (NYSE: ESAB), and a world leader in welding and cutting equipment and consumables, unveiled the industry-changing Renegade ...

1 year ago - Business Wire