The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
ESAB Corp's Score
Industry at a Glance
Industry Ranking
60 / 183
Overall Ranking
146 / 4616
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
10
analysts
Buy
Current Rating
144.000
Target Price
+25.16%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
ESAB Corp Highlights
StrengthsRisks
ESAB Corporation is involved in the fabrication and gas control technology. The Company provides its partners with advanced equipment, consumables, gas control equipment, robotics, and digital solutions, which enable everyday work. Its segments include Americas, and EMEA & APAC. The Americas segment which includes operations in North America and South America. The EMEA & APAC segment which includes Europe, Middle East, India, Africa, and Asia Pacific. The Company’s products are utilized to solve challenges in a range of industries, including cutting, joining and automated welding. Its products are marketed under various brand names, such as ESAB, which provides a comprehensive range of welding consumables, including electrodes, cored and solid wires, and fluxes using a range of specialty and other materials, and cutting consumables including electrodes, nozzles, and tips. ESAB’s equipment ranges from portable welding machines to large customized automated cutting and welding systems.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 2.74B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 6.38%.
Overvalued
The company’s latest PE is 28.10, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 59.26M shares, decreasing 3.56% quarter-over-quarter.
ESAB Corporation is involved in the fabrication and gas control technology. The Company provides its partners with advanced equipment, consumables, gas control equipment, robotics, and digital solutions, which enable everyday work. Its segments include Americas, and EMEA & APAC. The Americas segment which includes operations in North America and South America. The EMEA & APAC segment which includes Europe, Middle East, India, Africa, and Asia Pacific. The Company’s products are utilized to solve challenges in a range of industries, including cutting, joining and automated welding. Its products are marketed under various brand names, such as ESAB, which provides a comprehensive range of welding consumables, including electrodes, cored and solid wires, and fluxes using a range of specialty and other materials, and cutting consumables including electrodes, nozzles, and tips. ESAB’s equipment ranges from portable welding machines to large customized automated cutting and welding systems.