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

ESAB (NYSE:ESAB) issued its quarterly earnings results on Thursday. The company reported $1.28 earnings per share for the quarter, beating 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%. The business had revenue of $633.20 million for the quarter, compared to the consensus estimate of $636.43 million. ESAB updated its FY 2025 guidance to 5.100-5.250 EPS.

ESAB Stock Performance

Shares of NYSE ESAB traded down $0.92 during trading hours on Friday, hitting $119.19. 31,674 shares of the company’s stock were exchanged, compared to its average volume of 212,207. ESAB has a 1-year low of $88.54 and a 1-year high of $135.97. 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 $7.21 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 2.02 and a beta of 1.36. The company’s 50-day moving average price is $122.72 and its 200-day moving average price is $115.42.

ESAB Announces Dividend

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 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 dividend yield of 0.27%. ESAB’s dividend payout ratio is presently 7.49%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ESAB shares. Loop Capital boosted their target price on ESAB from $105.00 to $120.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. Jefferies Financial Group started coverage on ESAB in a research report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price target for the company. Stifel Nicolaus reduced their price target on ESAB from $131.00 to $125.00 and set a “hold” rating for the company in a research report on Friday. Oppenheimer reaffirmed an “outperform” rating and issued a $144.00 price target (up previously from $138.00) on shares of ESAB in a research report on Friday, November 8th. Finally, Evercore ISI cut ESAB from an “in-line” rating to an “underperform” rating and boosted their price target for the stock from $102.00 to $122.00 in a research report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, ESAB presently has an average rating of “Hold” and a consensus target price of $133.43.

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.