ESAB (NYSE:ESAB) Releases FY 2025 Earnings Guidance

ESAB (NYSE:ESAB) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.100-5.250 for the period, compared to the consensus 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 Performance

Shares of NYSE:ESAB traded up $0.24 on Friday, reaching $120.35. The company’s stock had a trading volume of 60,284 shares, compared to its average volume of 212,971. The stock’s 50-day moving average is $122.72 and its two-hundred day moving average is $115.42. ESAB has a 52-week low of $88.54 and a 52-week 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 $7.28 billion, a P/E ratio of 28.19, a PEG ratio of 2.02 and a beta of 1.36.

ESAB (NYSE:ESAB) last issued its quarterly earnings results on Thursday, February 20th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $636.43 million. As a group, sell-side analysts forecast that ESAB will post 4.92 EPS for the current year.

ESAB Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.08 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.27%. ESAB’s dividend payout ratio (DPR) is 7.49%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ESAB shares. JPMorgan Chase & Co. dropped their price target on shares of ESAB from $135.00 to $133.00 and set an “overweight” rating on the stock in a research note on Friday. Stifel Nicolaus lowered their target price on shares of ESAB from $131.00 to $125.00 and set a “hold” rating on the stock in a research report on Friday. Oppenheimer restated an “outperform” rating and set a $144.00 target price (up from $138.00) on shares of ESAB in a research report on Friday, November 8th. Jefferies Financial Group assumed coverage on shares of ESAB in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 target price on the stock. Finally, Evercore ISI lowered shares of ESAB from an “in-line” rating to an “underperform” rating and upped their target price for the stock from $102.00 to $122.00 in a research report on Wednesday, November 13th. One equities 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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.