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

ESAB (NYSE:ESAB) posted its quarterly earnings results on Thursday. The company reported $1.28 earnings per share 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 Price Performance

Shares of ESAB stock traded down $3.67 on Thursday, reaching $121.47. The company’s stock had a trading volume of 216,521 shares, compared to its average volume of 210,143. The company has a quick ratio of 1.25, a current ratio of 1.92 and a debt-to-equity ratio of 0.58. ESAB has a 12-month low of $88.54 and a 12-month high of $135.97. The company has a market capitalization of $7.34 billion, a P/E ratio of 28.45, a PEG ratio of 2.12 and a beta of 1.36. The stock’s 50 day simple moving average is $122.88 and its 200-day simple moving average is $115.38.

ESAB Dividend Announcement

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

Analysts Set New Price Targets

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

About ESAB

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.