ESAB Corporation (ESAB)
NYSE: ESAB · IEX Real-Time Price · USD
99.97
+0.55 (0.55%)
Jul 26, 2024, 4:00 PM EDT - Market closed
ESAB Corporation Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for ESAB Corporation stock have an average target of 99.38, with a low estimate of 73 and a high estimate of 125. The average target predicts a decrease of -0.59% from the current stock price of 99.97.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ESAB stock from 8 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 1 | 2 | 2 | 2 | 3 | 3 |
Hold | 4 | 3 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 7 | 8 | 8 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stifel | Stifel | Strong Buy Maintains $130 → $120 | Strong Buy | Maintains | $130 → $120 | +20.04% | Jul 18, 2024 |
Oppenheimer | Oppenheimer | Buy Initiates $115 | Buy | Initiates | $115 | +15.03% | Jun 20, 2024 |
JP Morgan | JP Morgan | Hold → Buy Upgrades $111 → $125 | Hold → Buy | Upgrades | $111 → $125 | +25.04% | Mar 18, 2024 |
Evercore ISI Group | Evercore ISI Group | Hold Maintains $93 → $100 | Hold | Maintains | $93 → $100 | +0.03% | Mar 5, 2024 |
JP Morgan | JP Morgan | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Mar 1, 2024 |
Financial Forecast
Revenue This Year
2.80B
from 2.77B
Increased by 0.91%
Revenue Next Year
2.94B
from 2.80B
Increased by 5.11%
EPS This Year
5.05
from 3.36
Increased by 50.37%
EPS Next Year
5.59
from 5.05
Increased by 10.69%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.0B | 3.1B | 3.1B | 3.3B | 3.4B |
Avg | 2.8B | 2.9B | 3.0B | 3.2B | 3.3B |
Low | 2.6B | 2.7B | 2.9B | 3.0B | 3.2B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.0% | 11.9% | 5.5% | 8.4% | 8.0% |
Avg | 0.9% | 5.1% | 2.1% | 4.9% | 4.9% |
Low | -5.3% | -1.9% | -2.2% | 0.4% | 0.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 5.27 | 5.93 | 6.26 | 6.93 | 7.76 |
Avg | 5.05 | 5.59 | 6.05 | 6.70 | 7.54 |
Low | 4.80 | 5.17 | 5.78 | 6.40 | 7.24 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 56.9% | 17.4% | 11.9% | 14.6% | 15.9% |
Avg | 50.4% | 10.7% | 8.2% | 10.7% | 12.6% |
Low | 42.9% | 2.4% | 3.4% | 5.8% | 8.2% |
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.