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.
The company's current financial score is 7.24, which is lower than the Machinery, Tools, Heavy Vehicles, Trains & Ships industry's average of 7.49. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 727.85M, representing a year-over-year increase of 8.11%, while its net profit experienced a year-over-year increase of 19.82%.
Key Metrics
The company’s current valuation score is 4.86, which is lower than the Machinery, Tools, Heavy Vehicles, Trains & Ships industry's average of 7.15. Its current P/E ratio is 28.10, which is 16.34% below the recent high of 32.69 and 53.33% above the recent low of 13.11.
The company’s current earnings forecast score is 8.80, which is higher than the Machinery, Tools, Heavy Vehicles, Trains & Ships industry's average of 7.56. The average price target for ESAB Corp is 143.50, with a high of 161.00 and a low of 125.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.73, which is lower than the Machinery, Tools, Heavy Vehicles, Trains & Ships industry's average of 7.27. Sideways: Currently, the stock price is trading between the resistance level at 120.75 and the support level at 106.14, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 10.00, which is higher than the Machinery, Tools, Heavy Vehicles, Trains & Ships industry's average of 7.08. The latest institutional shareholding proportion is 97.61%, representing a quarter-over-quarter decrease of 6.54%. The largest institutional shareholder is PRFDX, holding a total of 6.59M shares, representing 10.86% of shares outstanding, with 12.20% decrease in holdings.
The company’s current risk assessment score is 6.73, which is higher than the Machinery, Tools, Heavy Vehicles, Trains & Ships industry's average of 5.64. The company's beta value is 1.20. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
