ESAB Corporation (ESAB)
Market Cap | 7.42B |
Revenue (ttm) | 2.76B |
Net Income (ttm) | 259.89M |
Shares Out | 60.45M |
EPS (ttm) | 4.26 |
PE Ratio | 28.83 |
Forward PE | 23.39 |
Dividend | $0.32 (0.26%) |
Ex-Dividend Date | Sep 27, 2024 |
Volume | 83,793 |
Open | 121.47 |
Previous Close | 122.35 |
Day's Range | 121.47 - 123.47 |
52-Week Range | 82.44 - 135.97 |
Beta | 1.29 |
Analysts | Buy |
Price Target | 133.43 (+8.71%) |
Earnings Date | Oct 29, 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]
Financial Performance
In 2023, ESAB Corporation's revenue was $2.77 billion, an increase of 6.99% compared to the previous year's $2.59 billion. Earnings were $203.73 million, a decrease of -8.29%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ESAB stock is "Buy." The 12-month stock price forecast is $133.43, which is an increase of 8.71% from the latest price.
News
ESAB Corporation Board Declares Dividend
NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB--ESAB Corporation Board Declares Dividend.
ESAB Can Continue To Outperform
ESAB Corporation's stock has risen over 35%, driven by improving growth outlook, strong execution, and potential M&As. The margin outlook is also positive driven by pricing increases, cost reductions,...
ESAB Corporation (ESAB) Q3 2024 Earnings Call Transcript
ESAB Corporation (NYSE:ESAB) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Mark Barbalato - Vice President of Investor Relations Shyam Kambeyanda - President & Chi...
ESAB Corporation Announces Third Quarter 2024 Results
NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #3Q2024Earnings--ESAB Corporation Announces Third Quarter 2024 Results.
Anglo American PLC, ESAB Corp. and Billionaire Mohed Altrad to Stand Trial for Cape Asbestos Liabilities
COLUMBIA, S.C.--(BUSINESS WIRE)--A South Carolina court has set a trial date of Feb. 3, 2025, to determine whether Anglo-American, PLC (OTCQX: NGLOY), ESAB Corp. (NYSE: ESAB) and billionaire businessm...
ESAB Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call
NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #3Q2024Earnings--ESAB Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call.
InduSuiteTM Launches FloCloud, a Cloud-Based Gas Monitoring Software
NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB introduces FloCloud, a gas monitoring hardware and software solution that provides actionable data for industrial customers.
ESAB: Good Execution, Strength In Emerging Markets And Accretive M&A Make Me Bullish
ESAB Corporation faces near-term challenges in key end markets but has strong long-term growth outlook in emerging markets and innovative product launches. Margin growth is expected from product line ...
ESAB Corporation (ESAB) Q2 2024 Earnings Call Transcript
ESAB Corporation (NYSE:ESAB) Q2 2024 Earnings Conference Call August 2, 2024 8:00 AM ET Company Participants Mark Barbalato - Vice President, Investor Relations Shyam Kambeyanda - President & Chief E...
ESAB Corporation Announces Second Quarter 2024 Results
NORTH BETHESDA, MD--(BUSINESS WIRE)---- $ESAB #2Q2024--ESAB Corporation Announces Second Quarter 2024 Results.
ESAB Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call
NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB2Q2024Earnings--ESAB Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call.
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...
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...
ESAB Corporation Board Declares Increased Dividend
NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation Board Declares Increased Dividend.
ESAB Corporation (ESAB) Q1 2024 Earnings Call Transcript
ESAB Corporation (NYSE:ESAB) Q1 2024 Earnings Conference Call May 1, 2024 8:00 AM ET Company Participants Mark Barbalato - Vice President, Investor Relations Shyam Kambeyanda - President & Chief Exec...
ESAB Corporation Announces First Quarter 2024 Results
NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation 1Q 2024 Earnings.
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...
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.
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.
ESAB Corporation Announces Offering of Senior Notes
NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB--ESAB announced today that it intends to offer senior notes.
ESAB Corporation (ESAB) Q4 2023 Earnings Call Transcript
ESAB Corporation (NYSE:ESAB) Q4 2023 Earnings Conference Call February 29, 2024 8:00 AM ET
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.
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.
ESAB Corp.: End-Market Tailwinds Support EPS Growth Outlook
I reiterate my buy rating due to the ongoing tailwinds in its end markets. Recent results show strong performance, with net sales increasing 12% and EBITDA reaching a record high. Management's long-te...
ESAB Corporation: Solid Innovation Opportunity But Overvalued
ESAB Corporation has seen strong growth in the past year despite macro headwinds. The company's stock is currently overvalued based on its EV/EBITDA ratio. ESAB has a solid balance sheet and positive ...