ESAB Corporation (ESAB)

NYSE: ESAB · IEX Real-Time Price · USD
99.00
-0.12 (-0.12%)
Mar 1, 2024, 4:00 PM EST - Market closed
-0.12%
Market Cap 5.97B
Revenue (ttm) 2.77B
Net Income (ttm) 205.29M
Shares Out 60.30M
EPS (ttm) 3.36
PE Ratio 29.46
Forward PE 20.48
Dividend $0.24 (0.24%)
Ex-Dividend Date Mar 27, 2024
Volume 307,557
Open 99.54
Previous Close 99.12
Day's Range 97.07 - 99.80
52-Week Range 54.49 - 99.96
Beta n/a
Analysts Buy
Price Target 90.33 (-8.76%)
Earnings Date Apr 30, 2024

About ESAB

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, and automated welding; and 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 7 analysts, the average rating for ESAB stock is "Buy." The 12-month stock price forecast is $90.33, which is a decrease of -8.76% from the latest price.

Price Target
$90.33
(-8.76% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

3 days 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.

10 days 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 weeks 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.

4 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.

5 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.

5 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.

7 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.

7 months 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.

8 months 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.

8 months 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.

10 months ago - Business Wire

ESAB Corporation Announces First Quarter 2023 Results

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

10 months 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

11 months 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.

11 months 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

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...

1 year 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...

1 year 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...

1 year ago - Business Wire

ESAB Corporation Announces Third Quarter 2022 Results

NORTH BETHESDA, Md.

1 year ago - Business Wire

ESAB Corporation Acquires Ohio Medical

NORTH BETHESDA, Md.

1 year 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...

1 year ago - Business Wire