ESAB (NYSE:ESAB) Updates FY 2025 Earnings Guidance

ESAB (NYSE:ESAB - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.100-5.250 for the period, compared to the consensus earnings per share estimate of 5.380. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.7 billion.

Wall Street Analysts Forecast Growth

ESAB has been the subject of a number of research reports. Oppenheimer restated an "outperform" rating and issued a $144.00 price target (up from $138.00) on shares of ESAB in a report on Friday, November 8th. Jefferies Financial Group assumed coverage on ESAB in a research report on Thursday, December 12th. They issued a "buy" rating and a $160.00 target price for the company. Loop Capital increased their price target on ESAB from $105.00 to $120.00 and gave the stock a "hold" rating in a report on Wednesday, October 30th. Stifel Nicolaus decreased their price target on ESAB from $131.00 to $125.00 and set a "hold" rating for the company in a report on Friday. Finally, JPMorgan Chase & Co. decreased their target price on ESAB from $135.00 to $133.00 and set an "overweight" rating for the company in a research report on Friday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $133.43.

ESAB Trading Down 0.0 %

Shares of ESAB traded down $0.04 during mid-day trading on Friday, reaching $120.07. The company's stock had a trading volume of 329,784 shares, compared to its average volume of 221,044. The company has a current ratio of 1.92, a quick ratio of 1.25 and a debt-to-equity ratio of 0.58. ESAB has a 52 week low of $88.54 and a 52 week high of $135.97. The company's fifty day moving average price is $122.57 and its two-hundred day moving average price is $115.61. The stock has a market cap of $7.26 billion, a PE ratio of 28.12, a P/E/G ratio of 2.02 and a beta of 1.36.

ESAB (NYSE:ESAB - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.13. ESAB had a net margin of 9.47% and a return on equity of 17.27%. The business had revenue of $633.20 million during the quarter, compared to the consensus estimate of $636.43 million. On average, analysts predict that ESAB will post 4.92 earnings per share for the current fiscal year.

ESAB Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.32 annualized dividend and a yield of 0.27%. ESAB's payout ratio is 7.49%.

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.