ESAB (NYSE:ESAB) Posts Earnings Results, Beats Estimates By $0.13 EPS

ESAB (NYSE:ESABGet Free Report) announced its earnings results on Thursday. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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

ESAB stock traded down $4.33 during trading hours on Thursday, reaching $120.81. The stock had a trading volume of 220,205 shares, compared to its average volume of 210,143. ESAB has a fifty-two week low of $88.54 and a fifty-two week high of $135.97. The stock has a market capitalization of $7.30 billion, a PE ratio of 28.39, a price-to-earnings-growth ratio of 2.12 and a beta of 1.36. The stock has a 50-day simple moving average of $122.88 and a 200 day simple moving average of $115.38. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.92 and a quick ratio of 1.25.

ESAB Announces Dividend

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

Analyst Ratings Changes

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

View Our Latest Research Report on ESAB

ESAB Company Profile

(Get Free Report)

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.

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Earnings History for ESAB (NYSE:ESAB)

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