ESAB Corporation (ESAB)
NYSE: ESAB · Real-Time Price · USD
125.46
+3.45 (2.83%)
Nov 21, 2024, 4:00 PM EST - Market closed
ESAB Corporation Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for ESAB Corporation stock have an average target of 124.14, with a low estimate of 95 and a high estimate of 144. The average target predicts a decrease of -1.05% from the current stock price of 125.46.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ESAB stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 2 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy → Hold Downgrades $138 → $130 | Strong Buy → Hold | Downgrades | $138 → $130 | +3.62% | Nov 18, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold → Sell Downgrades $102 → $122 | Hold → Sell | Downgrades | $102 → $122 | -2.76% | Nov 13, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $138 → $144 | Buy | Reiterates | $138 → $144 | +14.78% | Nov 8, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $105 → $120 | Hold | Maintains | $105 → $120 | -4.35% | Oct 30, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $122 → $138 | Buy | Reiterates | $122 → $138 | +10.00% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
2.70B
from 2.77B
Decreased by -2.55%
Revenue Next Year
2.82B
from 2.70B
Increased by 4.40%
EPS This Year
5.03
from 3.36
Increased by 49.99%
EPS Next Year
5.49
from 5.03
Increased by 9.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.9B | 3.0B | 3.2B | ||
| Avg | 2.7B | 2.8B | 3.0B | ||
| Low | 2.5B | 2.5B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.3% | 12.0% | 13.1% | ||
| Avg | -2.6% | 4.4% | 5.1% | ||
| Low | -8.4% | -6.2% | -4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.25 | 5.93 | 6.41 | ||
| Avg | 5.03 | 5.49 | 5.97 | ||
| Low | 4.73 | 5.01 | 5.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 56.4% | 17.8% | 16.7% | ||
| Avg | 50.0% | 9.0% | 8.8% | ||
| Low | 41.0% | -0.5% | -0.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.