ESAB (NYSE:ESAB) Releases FY 2026 Earnings Guidance
by Tristan Rich · The Markets DailyESAB (NYSE:ESAB – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.700-5.900 for the period, compared to the consensus estimate of 5.840. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
ESAB has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on ESAB from $130.00 to $153.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Weiss Ratings lowered ESAB from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 20th. Oppenheimer lifted their price objective on ESAB from $142.00 to $148.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. Wall Street Zen lowered ESAB from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $146.00 price objective (down from $150.00) on shares of ESAB in a report on Tuesday, February 3rd. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, ESAB has an average rating of “Moderate Buy” and a consensus target price of $141.33.
View Our Latest Stock Report on ESAB
ESAB Stock Performance
ESAB traded down $0.36 during trading on Thursday, reaching $102.59. The company’s stock had a trading volume of 178,395 shares, compared to its average volume of 547,595. ESAB has a 52-week low of $89.41 and a 52-week high of $137.42. The company’s fifty day moving average price is $113.21 and its 200-day moving average price is $114.34. The company has a market capitalization of $6.25 billion, a price-to-earnings ratio of 27.77, a price-to-earnings-growth ratio of 1.82 and a beta of 1.36. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.90.
ESAB (NYSE:ESAB – Get Free Report) last posted its quarterly earnings results on Friday, February 20th. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.01. The company had revenue of $687.00 million during the quarter, compared to the consensus estimate of $687.80 million. ESAB had a net margin of 7.98% and a return on equity of 15.38%. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the firm earned $1.28 EPS. On average, equities analysts forecast that ESAB will post 5.16 earnings per share for the current fiscal year.
ESAB Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. ESAB’s payout ratio is 10.81%.
Insider Activity at ESAB
In other news, CEO Shyam Kambeyanda sold 59,404 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $123.79, for a total transaction of $7,353,621.16. Following the sale, the chief executive officer owned 99,864 shares of the company’s stock, valued at $12,362,164.56. The trade was a 37.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.30% of the stock is owned by company insiders.
Institutional Investors Weigh In On ESAB
Institutional investors have recently modified their holdings of the company. Los Angeles Capital Management LLC purchased a new stake in shares of ESAB during the 4th quarter worth approximately $33,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of ESAB by 109.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 333 shares of the company’s stock worth $40,000 after acquiring an additional 174 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of ESAB by 259.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 381 shares of the company’s stock worth $43,000 after acquiring an additional 275 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of ESAB by 3,023.1% during the 4th quarter. Global Retirement Partners LLC now owns 406 shares of the company’s stock worth $45,000 after acquiring an additional 393 shares in the last quarter. Finally, UMB Bank n.a. raised its position in shares of ESAB by 185.3% during the 4th quarter. UMB Bank n.a. now owns 642 shares of the company’s stock worth $72,000 after purchasing an additional 417 shares during the last quarter. Hedge funds and other institutional investors own 91.13% of the company’s stock.
About ESAB
ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company’s products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.
Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.