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

ESAB (NYSE:ESAB) posted its quarterly earnings data on Thursday. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.13, Zacks reports. ESAB had a net margin of 9.66% and a return on equity of 17.43%. The company had revenue of $633.20 million for the quarter, compared to analysts’ expectations of $636.43 million. ESAB updated its FY 2025 guidance to 5.100-5.250 EPS.

ESAB Stock Down 0.0 %

Shares of ESAB stock opened at $120.07 on Friday. The company has a 50 day simple moving average of $122.57 and a two-hundred day simple moving average of $115.61. The stock has a market cap of $7.26 billion, a P/E ratio of 27.79, a P/E/G ratio of 2.01 and a beta of 1.36. ESAB has a 12 month low of $88.54 and a 12 month high of $135.97. The company has a current ratio of 1.82, a quick ratio of 1.25 and a debt-to-equity ratio of 0.59.

ESAB Announces Dividend

The firm also recently announced 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 was Tuesday, December 31st. This represents a $0.32 annualized dividend and a yield of 0.27%. ESAB’s dividend payout ratio (DPR) is 7.41%.

Wall Street Analysts Forecast Growth

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

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.