ESAB (NYSE:ESAB) Releases FY 2025 Earnings Guidance

ESAB (NYSE:ESAB) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.100-5.250 for the period, compared to the consensus EPS 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.

ESAB Stock Down 5.2 %

Shares of NYSE ESAB opened at $124.81 on Thursday. The company 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. The company has a market capitalization of $7.54 billion, a P/E ratio of 29.23, a P/E/G ratio of 2.12 and a beta of 1.36. ESAB has a 1 year low of $88.54 and a 1 year high of $135.97.

ESAB Dividend Announcement

The company also recently declared 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 annualized dividend 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 Upgrades and Downgrades

Several brokerages have issued reports on ESAB. Loop Capital upped their price target on ESAB from $105.00 to $120.00 and gave the stock a “hold” rating in a research note on Wednesday, October 30th. Oppenheimer reaffirmed an “outperform” rating and set a $144.00 price objective (up previously from $138.00) on shares of ESAB in a research note 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 price objective for the company. Stifel Nicolaus lifted their price target on shares of ESAB from $130.00 to $131.00 and gave the company a “hold” rating in a report on Friday, January 24th. Finally, Evercore ISI lowered shares of ESAB from an “in-line” rating to an “underperform” rating and increased their price objective for the stock from $102.00 to $122.00 in a research report on Wednesday, November 13th. 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 company. Based on data from MarketBeat, the company has a consensus 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.