ESAB Corporation (ESAB)

NYSE: ESAB · IEX Real-Time Price · USD
58.66
-0.08 (-0.14%)
Mar 30, 2023, 1:15 PM EDT - Market open
-0.14%
Market Cap 3.53B
Revenue (ttm) 2.59B
Net Income (ttm) 223.75M
Shares Out 60.19M
EPS (ttm) 3.69
PE Ratio 16.03
Forward PE 10.93
Dividend $0.15 (0.26%)
Ex-Dividend Date Dec 29, 2022
Volume 35,797
Open 59.19
Previous Close 58.74
Day's Range 58.58 - 59.53
52-Week Range 32.12 - 63.32
Beta n/a
Analysts Buy
Price Target 67.83 (+15.63%)
Earnings Date May 9, 2023

About ESAB

ESAB Corporation formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding, as well as 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, including electrodes, nozzles, shields, and tips. The company's fabrication technology equipment ranges from portable welding machines to large customized automated cutting and welding syst... [Read more]

Sector Industrials
Founded 1904
Employees 9,275
Stock Exchange NYSE
Ticker Symbol ESAB
Full Company Profile

Financial Performance

In 2022, ESAB's revenue was $2.59 billion, an increase of 6.81% compared to the previous year's $2.43 billion. Earnings were $223.75 million, a decrease of -4.83%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ESAB stock is "Buy." The 12-month stock price forecast is $67.83, which is an increase of 15.63% from the latest price.

Price Target
$67.83
(15.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NHYDY vs. ESAB: Which Stock Is the Better Value Option?

NHYDY vs. ESAB: Which Stock Is the Better Value Option?

2 days ago - Zacks Investment Research

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 ...

3 weeks ago - Business Wire

ESAB Corporation Board Declares Dividend

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation's (NYSE: ESAB) Board of Directors has approved a quarterly cash dividend of $0.05 per share of the Company's common st...

3 weeks 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 month ago - Business Wire

4 Metal Fabrication Stocks to Watch in a Promising Industry

Easing supply-chain issues and solid demand in end markets should aid the Metal Products - Procurement and Fabrication industry's growth. TKR, ESAB, CENX, and CIR are some stocks to watch out for, bac...

Other symbols: CENXCIRTKR
2 months ago - Zacks Investment Research

Will Esab (ESAB) Beat Estimates Again in Its Next Earnings Report?

Esab (ESAB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

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 ...

4 months ago - Business Wire

ESAB Corporation Announces Pricing of Secondary Offering of 6,003,431 Shares Currently Held by Enovis Corporation

NORTH BETHESDA, Md.--(BUSINESS WIRE)--ESAB Corporation (NYSE: ESAB) (the “Company” or “ESAB”) announced today the pricing of the previously announced underwritten offering of 6,003,431 shares of its...

4 months ago - Business Wire

ESAB Corporation Announces Launch of Secondary Offering of 6,003,431 Shares Currently Held by Enovis Corporation

NORTH BETHESDA, Md.--(BUSINESS WIRE)--ESAB Corporation (NYSE: ESAB) (the “Company” or “ESAB”) announced today the commencement of an underwritten offering of 6,003,431 shares of its common stock cur...

4 months ago - Business Wire

ESAB Launches SparkWeek, a Week-Long Virtual Celebration Showcasing New Product Innovations and Brand Announcements

NORTH BETHESDA, Md.--(BUSINESS WIRE)--Today ESAB, an ESAB Corporation brand (NYSE: ESAB), and a world leader in welding and cutting equipment and consumables, announced the kick-off of its inaugural...

4 months ago - Business Wire

ESAB Corporation Announces Third Quarter 2022 Results

NORTH BETHESDA, Md.

5 months ago - Business Wire

ESAB Corporation Acquires Ohio Medical

NORTH BETHESDA, Md.

5 months ago - Business Wire

ESAB Corporation Announces Second Quarter 2022 Results

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB--ESAB Corporation, a world leader in fabrication and specialty gas control technology, announces its financial results for the second quarter of 20...

8 months ago - Business Wire

ESAB Corporation Schedules Second Quarter 2022 Earnings Release and Conference Call

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation Schedules Second Quarter 2022 Earnings Release and Conference Call

9 months ago - Business Wire

Spinoffs Roundup: These Companies Could Unlock Value in 2022

Spinoffs are known for being a mixed bag from the investor's viewpoint. Some of them can unlock the true value of businesses by allowing them to focus on their niches rather than being hampered by und...

Other symbols: BBUCCEGEMBCZIMV
10 months ago - GuruFocus

ESAB Corporation to Present at the UBS Global Industrials and Transportation Conference 2022

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a world leader in fabrication and specialty gas control technology, today anno...

10 months ago - Business Wire

ESAB Corporation Announces First Quarter 2022 Results

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation, a world leader in fabrication and specialty gas control technology, announces its financial results for the first qua...

11 months ago - Business Wire

ESAB Launches InduSuite: A Brand-Agnostic Workflow Software Portfolio Solution for Robotic, Welding, and Cutting Operations

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation launches InduSuite, a portfolio of software apps for workflow, quality, and performance, to help manufacturers improve...

11 months ago - Business Wire

ESAB Corporation Schedules First Quarter 2022 Earnings Release and Conference Call

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation Q1 2022 Announcement for Earnings Call.

1 year ago - Business Wire

ESAB Corporation Completes Separation From Enovis and Launches as an Independent, Publicly Traded Company

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESABCorporation--ESAB Corporation announced its separation from Enovis and launches as an independent, publicly traded company.

1 year ago - Business Wire

ESAB Set to Join S&P MidCap 400; PROG Holdings to Join S&P SmallCap 600

NEW YORK , March 30, 2022 /PRNewswire/ -- ESAB Corp. (NYSE: ESAB) will be added to the S&P MidCap 400 effective prior to the opening of trading on Tuesday, April 5. Effective prior to the opening of t...

Other symbols: ENOVPRGSPGI
1 year ago - PRNewsWire