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ESAB

ESAB - ESAB Corporation Stock Price, Fair Value and News

109.17USD-0.90 (-0.82%)Delayed as of 08 May 2024, 03:03 pm ET

Market Summary

ESAB
USD109.17-0.90
Delayedas of 08 May 2024, 03:03 pm
-0.82%

ESAB Alerts

  • Big jump in Earnings (Y/Y)

ESAB Stock Price

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ESAB RSI Chart

ESAB Valuation

Market Cap

6.7B

Price/Earnings (Trailing)

28.28

Price/Sales (Trailing)

2.39

EV/EBITDA

15.83

Price/Free Cashflow

23.01

ESAB Price/Sales (Trailing)

ESAB Profitability

EBT Margin

11.84%

Return on Equity

13.98%

Return on Assets

6.14%

Free Cashflow Yield

4.35%

ESAB Fundamentals

ESAB Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

0.84%

Rev. Growth (Qtr)

0.06%

ESAB Earnings

Earnings (TTM)

235.1M

Earnings Growth (Yr)

85.43%

Earnings Growth (Qtr)

26.33%

Breaking Down ESAB Revenue

52 Week Range

111.68
(Low)(High)

Last 7 days

4.0%

Last 30 days

-3.2%

Last 90 days

25.2%

How does ESAB drawdown profile look like?

ESAB Financial Health

Current Ratio

1.65

Debt/Equity

0.59

Debt/Cashflow

0.34

ESAB Investor Care

Dividend Yield

0.21%

Dividend/Share (TTM)

0.23

Shares Dilution (1Y)

0.34%

Diluted EPS (TTM)

3.82

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.8B000
20232.6B2.7B2.7B2.8B
20222.5B2.5B2.6B2.6B
20212.1B2.2B2.3B2.4B
20200002.0B

Tracking the Latest Insider Buys and Sells of ESAB Corporation

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 08, 2024
jewell curtis e
acquired
-
-
950
svp, general counsel
Mar 08, 2024
kambeyanda shyam
sold (taxes)
-297,575
100
-2,958
president and ceo
Mar 08, 2024
campion michele
acquired
-
-
957
chief human resources officer
Mar 08, 2024
biebuyck olivier
acquired
-
-
1,407
president, fab tech
Mar 08, 2024
mlingo vusa
sold (taxes)
-15,593
100
-155
svp, strategy & business dev.
Mar 08, 2024
jewell curtis e
sold (taxes)
-44,264
100
-440
svp, general counsel
Mar 08, 2024
mlingo vusa
acquired
-
-
493
svp, strategy & business dev.
Mar 08, 2024
kambeyanda shyam
acquired
-
-
6,123
president and ceo
Mar 08, 2024
johnson kevin j
acquired
-
-
2,006
chief financial officer
Mar 08, 2024
johnson kevin j
sold (taxes)
-79,474
100
-790
chief financial officer

1–10 of 50

Which funds bought or sold ESAB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Savant Capital, LLC
new
-
367,867
367,867
-%
May 06, 2024
Advisory Services Network, LLC
sold off
-100
-12,213
-
-%
May 06, 2024
ORG Partners LLC
new
-
35,148
35,148
0.07%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
added
1.31
1,243,230
5,482,500
0.04%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
reduced
-6.01
390,000
2,343,000
0.01%
May 06, 2024
Manchester Capital Management LLC
new
-
216,386
216,386
0.03%
May 06, 2024
Parallel Advisors, LLC
unchanged
-
5,916
27,311
-%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
new
-
363,886
363,886
-%
May 06, 2024
DiNuzzo Private Wealth, Inc.
unchanged
-
264
1,217
-%
May 06, 2024
SG Americas Securities, LLC
added
87.31
4,299,000
7,389,000
0.04%

1–10 of 48

Are Funds Buying or Selling ESAB?

Are funds buying ESAB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ESAB
No. of Funds

Unveiling ESAB Corporation's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
14.0%
8,419,854
SC 13G/A
Feb 13, 2024
vanguard group inc
9.22%
5,558,383
SC 13G/A
Feb 13, 2024
cooke & bieler lp
2.2%
1,316,047
SC 13G/A
Feb 12, 2024
price t rowe associates inc /md/
10.4%
6,242,773
SC 13G/A
Feb 12, 2024
price t rowe associates inc /md/
9.6%
5,770,738
SC 13G
Jan 26, 2024
blackrock inc.
7.9%
4,764,151
SC 13G/A

Recent SEC filings of ESAB Corporation

View All Filings
Date Filed Form Type Document
May 01, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 09, 2024
8-K
Current Report
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Mar 29, 2024
ARS
ARS
Mar 29, 2024
DEF 14A
DEF 14A

Peers (Alternatives to ESAB Corporation)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
184.9B
69.5B
8.06% 67.36%
52.66
2.66
16.04% -60.91%
170.3B
67.0B
-9.08% 60.56%
15.15
2.54
8.59% 58.17%
39.3B
34.0B
-4.51% 28.32%
19.04
1.15
12.85% -19.64%
39.3B
6.7B
-6.90% 16.98%
29.78
5.83
7.11% 10.53%
12.7B
15.3B
-4.38% 12.87%
-919.7
0.83
13.36% -103.70%
MID-CAP
10.4B
6.9B
-3.72% 71.49%
60.31
1.5
3.19% 62.26%
6.6B
15.5B
-9.24% 41.30%
21.65
0.43
7.53% 3145.00%
6.4B
4.4B
1.21% 34.95%
27.24
1.44
17.31% 1.26%
4.3B
2.4B
5.11% 29.61%
29.91
1.81
4.48% -49.27%
2.3B
1.7B
-11.20% 6.69%
17.34
1.37
8.96% 15.52%
SMALL-CAP
1.2B
1.4B
-1.11% -47.47%
19.9
0.83
-13.54% -25.70%
860.7M
573.3M
29.46% 61.61%
26.6
1.5
26.00% -2.24%
813.9M
35.8M
-41.18% -39.08%
-0.86
22.71
-27.93% -18.06%
415.9M
135.4M
5.46% 246.92%
-25.36
3.07
-25.90% 65.37%
260.9M
99.2M
23.04% 300.51%
-21.3
2.63
-3.69% -37.37%

ESAB Corporation News

Latest updates
Yahoo Movies UK • 06 May 2024 • 07:09 am
The Globe and Mail • 03 May 2024 • 01:42 pm
Simply Wall St • 02 May 2024 • 11:16 am
Seeking Alpha • 01 May 2024 • 02:20 pm
Simply Wall St • 22 Apr 2024 • 07:00 am
Simply Wall St • 22 Mar 2024 • 07:00 am
Business Wire • 2 months ago

ESAB Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Revenue0.1%690689681720684664620661648624606630568-
Gross Profit0.1%255255250264247224209227224213207218200-
  S&GA Expenses-1.5%142145145150147139122137135132124133124-
EBITDA Margin0.8%0.17*0.17*0.15*0.15*0.15*0.15*0.15*0.15*0.16*0.16*0.12*0.13*0.14*0.14*
Income Taxes3.2%19.0018.0020.0021.0037.006.0018.0020.0026.0033.0017.0016.0014.00-
Earnings Before Taxes5.1%81.0077.0081.0090.0071.0066.0072.0078.0084.0074.0079.0094.0073.00-
EBT Margin3.0%0.12*0.11*0.11*0.11*0.11*0.12*0.12*0.12*0.13*0.13*0.09*0.09*0.10*0.11*
Net Income26.3%62.0049.0058.0067.0033.0064.0052.0056.0056.0041.0061.0078.0059.00-
Net Income Margin13.5%0.08*0.07*0.08*0.08*0.08*0.09*0.08*0.08*0.09*0.10*0.07*0.07*0.08*0.08*
Free Cashflow-64.1%37.0010396.0053.0030.0073.0071.0020.0010.0042.0061.0054.0058.00-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Assets0.0%3,8273,8293,7563,8633,8493,7543,5403,6743,7813,461
  Current Assets4.5%1,0439981,0301,0721,0619899881,0411,048964
    Cash Equivalents-25.0%76.0010283.0074.0082.0072.0061.0053.0057.0041.00
  Inventory3.2%406393426447448417447474463420
  Net PPE-1.3%290294276282284284265276281286
  Goodwill-0.1%1,5871,5881,5541,5861,5641,5301,4001,4501,5141,533
Liabilities-1.6%2,1452,1812,2152,3162,3912,3662,2922,3921,264960
  Current Liabilities1.8%631620610618630602611642652597
  Long Term Debt-2.5%9931,0181,0891,1591,2171,2191,1321,182--
    LT Debt, Non Current-100.0%-1,0181,0891,1591,2171,2191,1321,182--
Shareholder's Equity4.7%1,6821,6071,5011,5471,4581,3501,2481,2812,5172,502
  Retained Earnings16.1%40735130425018815910252.00--
  Additional Paid-In Capital0.0%1,8821,8811,8761,8731,8681,8661,8581,853--
Shares Outstanding0.2%60.0060.0060.0060.0060.0060.0060.0060.0060.00-
Minority Interest3.3%42.0040.0040.0040.0039.0038.0038.0040.0041.0041.00
Float----4,010---2,625--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Cashflow From Operations-63.7%44,467122,395107,37862,65438,06791,44379,50527,32116,08958,66069,45859,77262,847-
  Share Based Compensation-16.9%4,1334,9723,6884,4682,9943,4324,1773,6271,7281,3161,7021,6631,586-
Cashflow From Investing-33.8%-26,614-19,884-9,061-7,549-25,749-166,749-7,341-7,176-3,157-12,608-8,289-4,962-9,406-
Cashflow From Financing56.3%-33,920-77,534-74,311-60,825-7,04780,218-52,787-19,769-105-45,853-63,831-55,761-56,126-
  Dividend Payments-100.0%-3,6403,6413,0283,0333,0293,025-------
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ESAB Income Statement

2024-03-29
CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net sales$ 689,744$ 684,000
Cost of sales434,717436,611
Gross profit255,027247,389
Selling, general and administrative expense142,450147,282
Restructuring and other related charges1,9249,444
Operating income110,65390,663
Pension settlement loss12,1550
Interest expense and other, net17,09119,510
Income from continuing operations before income taxes81,40771,153
Income tax expense18,50437,024
Net income from continuing operations62,90334,129
Loss from discontinued operations, net of taxes(1,309)(913)
Net income61,59433,216
Income attributable to noncontrolling interest, net of taxes(1,643)(1,313)
Net income attributable to ESAB Corporation$ 59,951$ 31,903
Earnings (loss) per share – basic  
Income from continuing operations (in dollars per share)$ 1.01$ 0.54
Loss on discontinued operations (in dollars per share)(0.02)(0.02)
Net income per share (in dollars per share)0.990.52
Earnings (loss) per share – diluted  
Income from continuing operations (in dollars per share)1.000.54
Loss on discontinued operations (in dollars per share)(0.02)(0.02)
Net income per share - diluted (in dollars per share)$ 0.98$ 0.52

ESAB Balance Sheet

2024-03-29
CONSOLIDATED AND COMBINED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 29, 2024
Dec. 31, 2023
CURRENT ASSETS:  
Cash and cash equivalents$ 76,495$ 102,003
Trade receivables, less allowance for credit losses of $25,424 and $25,477430,149385,198
Inventories, net405,601392,858
Prepaid expenses60,41561,771
Other current assets70,08855,890
Total current assets1,042,748997,720
Property, plant and equipment, net290,431294,305
Goodwill1,586,9431,588,331
Intangible assets, net484,219499,535
Lease assets - right of use94,16295,607
Other assets328,986353,131
Total assets3,827,4893,828,629
CURRENT LIABILITIES:  
Accounts payable338,399306,593
Accrued liabilities292,903313,489
Total current liabilities631,302620,082
Long-term debt992,7981,018,057
Other liabilities521,011542,833
Total liabilities2,145,1112,180,972
Equity:  
Common stock - $0.001 par value - 600,000,000 shares authorized, $60,424,421 and 60,295,634 shares outstanding as of March 29, 2024 and December 31, 2023, respectively6060
Additional paid-in capital1,881,5341,881,054
Retained earnings406,867350,557
Accumulated other comprehensive loss(647,661)(624,272)
Total ESAB Corporation equity1,640,8001,607,399
Noncontrolling interest41,57840,258
Total equity1,682,3781,647,657
Total liabilities and equity$ 3,827,489$ 3,828,629
ESAB
ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, and automated welding; and 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. The company's equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of software and digital solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, such as general industry, infrastructure, renewable energy, medical and life sciences, transportation, construction, and energy. It offers its products through independent distributors and direct salespeople. The company operates in North America, South America, Europe, the Middle East, India, Africa, and the Asia Pacific. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.
 CEO
 WEBSITEesab.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES9000

ESAB Corporation Frequently Asked Questions


What is the ticker symbol for ESAB Corporation? What does ESAB stand for in stocks?

ESAB is the stock ticker symbol of ESAB Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ESAB Corporation (ESAB)?

As of Tue May 07 2024, market cap of ESAB Corporation is 6.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ESAB stock?

You can check ESAB's fair value in chart for subscribers.

What is the fair value of ESAB stock?

You can check ESAB's fair value in chart for subscribers. The fair value of ESAB Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ESAB Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ESAB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ESAB Corporation a good stock to buy?

The fair value guage provides a quick view whether ESAB is over valued or under valued. Whether ESAB Corporation is cheap or expensive depends on the assumptions which impact ESAB Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ESAB.

What is ESAB Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, ESAB's PE ratio (Price to Earnings) is 28.28 and Price to Sales (PS) ratio is 2.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ESAB PE ratio will change depending on the future growth rate expectations of investors.