ESAB (NYSE:ESAB) Issues Earnings Results

ESAB (NYSE:ESAB) issued its quarterly earnings results on Thursday. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.13, Zacks reports. ESAB had a return on equity of 17.27% and a net margin of 9.47%. ESAB updated its FY 2025 guidance to 5.100-5.250 EPS.

ESAB Stock Performance

Shares of NYSE ESAB traded down $4.33 during midday trading on Thursday, reaching $120.81. The company’s stock had a trading volume of 220,205 shares, compared to its average volume of 210,143. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.92 and a quick ratio of 1.25. The stock has a market capitalization of $7.30 billion, a P/E ratio of 28.39, a PEG ratio of 2.12 and a beta of 1.36. The firm has a 50 day moving average price of $122.88 and a 200-day moving average price of $115.38. ESAB has a 12-month low of $88.54 and a 12-month high of $135.97.

ESAB Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.32 annualized dividend and a yield of 0.26%. ESAB’s dividend payout ratio (DPR) is 7.49%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Stifel Nicolaus upped their price objective on shares of ESAB from $130.00 to $131.00 and gave the company a “hold” rating in a report on Friday, January 24th. Loop Capital boosted their price objective on ESAB from $105.00 to $120.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. Oppenheimer reiterated an “outperform” rating and issued a $144.00 target price (up from $138.00) on shares of ESAB in a report on Friday, November 8th. Evercore ISI lowered shares of ESAB from an “in-line” rating to an “underperform” rating and boosted their price target for the company from $102.00 to $122.00 in a research note on Wednesday, November 13th. Finally, Jefferies Financial Group initiated coverage on shares of ESAB in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $133.57.

ESAB Company Profile

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and 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 comprising electrodes, nozzles, shields, and tips.