Esab Corp Stock Probability of Future Stock Price Finishing Over 117.12

ESAB Stock  USD 121.01  0.34  0.28%   
ESAB Corp's future price is the expected price of ESAB Corp instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ESAB Corp performance during a given time horizon utilizing its historical volatility. Check out ESAB Corp Backtesting, ESAB Corp Valuation, ESAB Corp Correlation, ESAB Corp Hype Analysis, ESAB Corp Volatility, ESAB Corp History as well as ESAB Corp Performance.
For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.
  
At present, ESAB Corp's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 3.41, whereas Price To Sales Ratio is forecasted to decline to 1.14. Please specify ESAB Corp's target price for which you would like ESAB Corp odds to be computed.

ESAB Corp Target Price Odds to finish over 117.12

The tendency of ESAB Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 117.12  in 90 days
 121.01 90 days 117.12 
about 57.71
Based on a normal probability distribution, the odds of ESAB Corp to stay above $ 117.12  in 90 days from now is about 57.71 (This ESAB Corp probability density function shows the probability of ESAB Stock to fall within a particular range of prices over 90 days) . Probability of ESAB Corp price to stay between $ 117.12  and its current price of $121.01 at the end of the 90-day period is about 14.71 .
Given the investment horizon of 90 days ESAB Corp has a beta of 0.15 suggesting as returns on the market go up, ESAB Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ESAB Corp will be expected to be much smaller as well. Additionally ESAB Corp has an alpha of 0.2163, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   ESAB Corp Price Density   
       Price  

Predictive Modules for ESAB Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ESAB Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
118.73121.00123.27
Details
Intrinsic
Valuation
LowRealHigh
106.65108.92133.11
Details
9 Analysts
Consensus
LowTargetHigh
75.1482.5791.65
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.221.241.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ESAB Corp. Your research has to be compared to or analyzed against ESAB Corp's peers to derive any actionable benefits. When done correctly, ESAB Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ESAB Corp.

ESAB Corp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ESAB Corp is not an exception. The market had few large corrections towards the ESAB Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ESAB Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ESAB Corp within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.22
β
Beta against Dow Jones0.15
σ
Overall volatility
10.49
Ir
Information ratio 0.08

ESAB Corp Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ESAB Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ESAB Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 95.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Is BWX Technologies Stock Worth Buying Despite Rallying 47 percent in a Year

ESAB Corp Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ESAB Stock often depends not only on the future outlook of the current and potential ESAB Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ESAB Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding60.7 M
Cash And Short Term Investments102 M

ESAB Corp Technical Analysis

ESAB Corp's future price can be derived by breaking down and analyzing its technical indicators over time. ESAB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ESAB Corp. In general, you should focus on analyzing ESAB Stock price patterns and their correlations with different microeconomic environments and drivers.

ESAB Corp Predictive Forecast Models

ESAB Corp's time-series forecasting models is one of many ESAB Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ESAB Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about ESAB Corp

Checking the ongoing alerts about ESAB Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ESAB Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 95.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Is BWX Technologies Stock Worth Buying Despite Rallying 47 percent in a Year
When determining whether ESAB Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESAB Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Esab Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Esab Corp Stock:
Check out ESAB Corp Backtesting, ESAB Corp Valuation, ESAB Corp Correlation, ESAB Corp Hype Analysis, ESAB Corp Volatility, ESAB Corp History as well as ESAB Corp Performance.
For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESAB Corp. If investors know ESAB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESAB Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.179
Dividend Share
0.28
Earnings Share
4.45
Revenue Per Share
45.704
Quarterly Revenue Growth
(0.01)
The market value of ESAB Corp is measured differently than its book value, which is the value of ESAB that is recorded on the company's balance sheet. Investors also form their own opinion of ESAB Corp's value that differs from its market value or its book value, called intrinsic value, which is ESAB Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESAB Corp's market value can be influenced by many factors that don't directly affect ESAB Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESAB Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESAB Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESAB Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.