ESAB Corporation (ESAB)

NYSE: ESAB · Real-Time Price · USD
127.54
+2.08 (1.66%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.66%
Market Cap 7.71B
Revenue (ttm) 2.76B
Net Income (ttm) 259.89M
Shares Out 60.45M
EPS (ttm) 4.26
PE Ratio 28.66
Forward PE 24.21
Dividend $0.32 (0.25%)
Ex-Dividend Date Sep 27, 2024
Volume 349,211
Open 126.00
Previous Close 125.46
Day's Range 125.75 - 127.65
52-Week Range 76.08 - 135.97
Beta 1.32
Analysts Buy
Price Target 124.14 (-2.67%)
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]

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

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 Statements

Analyst Forecast

According to 7 analysts, the average rating for ESAB stock is "Buy." The 12-month stock price forecast is $124.14, which is a decrease of -2.67% from the latest price.

Price Target
$124.14
(-2.67% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

24 days ago - Seeking Alpha

ESAB Corporation Announces Third Quarter 2024 Results

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #3Q2024Earnings--ESAB Corporation Announces Third Quarter 2024 Results.

24 days ago - Business Wire

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...

6 weeks ago - Business Wire

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.

6 weeks ago - Business Wire

ESAB Corporation Board Declares Dividend

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

2 months ago - Business Wire

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.

3 months ago - Business Wire

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 ...

3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

ESAB Corporation Announces Second Quarter 2024 Results

NORTH BETHESDA, MD--(BUSINESS WIRE)---- $ESAB #2Q2024--ESAB Corporation Announces Second Quarter 2024 Results.

4 months ago - Business Wire

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.

4 months ago - Business Wire

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...

6 months 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...

6 months ago - Business Wire

ESAB Corporation Board Declares Increased Dividend

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

7 months ago - Business Wire

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...

7 months ago - Seeking Alpha

ESAB Corporation Announces First Quarter 2024 Results

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

7 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...

8 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.

8 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.

8 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.

8 months ago - Business Wire

ESAB Corporation (ESAB) Q4 2023 Earnings Call Transcript

ESAB Corporation (NYSE:ESAB) Q4 2023 Earnings Conference Call February 29, 2024 8:00 AM ET

9 months ago - Seeking Alpha

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.

9 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.

10 months ago - Business Wire

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - Seeking Alpha

ESAB Corporation: Attractively Valued With Good Growth Prospects

ESAB Corporation is benefiting from good execution and a healthy end-market demand. ESAB's margin expansion is expected to come from product-line simplification, increased efficiencies, and a shift to...

1 year ago - Seeking Alpha