ESAB Corporation (ESAB)
NYSE: ESAB · Real-Time Price · USD
120.67
-1.45 (-1.19%)
Dec 20, 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 133.43, with a low estimate of 120 and a high estimate of 160. The average target predicts an increase of 10.57% from the current stock price of 120.67.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 3 | 2 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 6 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $160 | Strong Buy | Initiates | $160 | +32.59% | Dec 12, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $138 → $130 | Strong Buy → Hold | Downgrades | $138 → $130 | +7.73% | Nov 18, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold → Sell Downgrades $102 → $122 | Hold → Sell | Downgrades | $102 → $122 | +1.10% | Nov 13, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $138 → $144 | Buy | Reiterates | $138 → $144 | +19.33% | Nov 8, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $105 → $120 | Hold | Maintains | $105 → $120 | -0.56% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
2.65B
from 2.77B
Decreased by -4.42%
Revenue Next Year
2.78B
from 2.65B
Increased by 4.64%
EPS This Year
5.05
from 3.36
Increased by 50.52%
EPS Next Year
5.52
from 5.05
Increased by 9.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.7B | 2.9B | 3.1B | ||
| Avg | 2.7B | 2.8B | 2.9B | ||
| Low | 2.5B | 2.6B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.4% | 9.7% | 11.1% | ||
| Avg | -4.4% | 4.6% | 5.3% | ||
| Low | -8.4% | -2.5% | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.25 | 5.93 | 6.59 | ||
| Avg | 5.05 | 5.52 | 6.05 | ||
| Low | 4.80 | 5.01 | 5.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 56.4% | 17.4% | 19.5% | ||
| Avg | 50.5% | 9.2% | 9.6% | ||
| Low | 43.1% | -0.9% | -0.9% |
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.