Esab Corp Stock Buy Hold or Sell Recommendation
| ESAB Stock | USD 129.08 0.82 0.64% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ESAB Corp is 'Strong Buy'. Macroaxis provides ESAB Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ESAB positions.
Check out ESAB Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide. In addition, we conduct extensive research on individual companies such as ESAB and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards ESAB Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
ESAB |
Execute ESAB Corp Buy or Sell Advice
The ESAB recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ESAB Corp. Macroaxis does not own or have any residual interests in ESAB Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ESAB Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
ESAB Corp Trading Alerts and Improvement Suggestions
| Over 95.0% of the company shares are held by institutions such as insurance companies | |
| On 11th of October 2024 ESAB Corp paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 205 shares by Renato Negro of ESAB Corp subject to Rule 16b-3 |
ESAB Corp Returns Distribution Density
The distribution of ESAB Corp's historical returns is an attempt to chart the uncertainty of ESAB Corp's future price movements. The chart of the probability distribution of ESAB Corp daily returns describes the distribution of returns around its average expected value. We use ESAB Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ESAB Corp returns is essential to provide solid investment advice for ESAB Corp.
| Mean Return | 0.37 | Value At Risk | -2.26 | Potential Upside | 3.42 | Standard Deviation | 2.35 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ESAB Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ESAB Stock Institutional Investors
| Shares | Geode Capital Management, Llc | 2024-09-30 | 1.2 M | Champlain Investment Partners, Llc | 2024-09-30 | 1.1 M | Davenport & Company Llc | 2024-09-30 | 940.4 K | Ameriprise Financial Inc | 2024-06-30 | 853.6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 755.1 K | Alliancebernstein L.p. | 2024-06-30 | 751.4 K | Royce & Associates, Lp | 2024-09-30 | 749.8 K | Td Asset Management Inc | 2024-09-30 | 545 K | Charles Schwab Investment Management Inc | 2024-09-30 | 517.3 K | T. Rowe Price Investment Management,inc. | 2024-09-30 | 9.2 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 6.9 M |
ESAB Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ESAB Corp or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ESAB Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ESAB stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 1.63 | |
σ | Overall volatility | 2.24 | |
Ir | Information ratio | 0.1 |
ESAB Corp Volatility Alert
ESAB Corp has relatively low volatility with skewness of 2.02 and kurtosis of 11.35. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ESAB Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ESAB Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ESAB Corp Fundamentals Vs Peers
Comparing ESAB Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ESAB Corp's direct or indirect competition across all of the common fundamentals between ESAB Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as ESAB Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ESAB Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing ESAB Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ESAB Corp to competition |
| Fundamentals | ESAB Corp | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0743 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.16 % | (5.51) % |
| Current Valuation | 8.67 B | 16.62 B |
| Shares Outstanding | 60.45 M | 571.82 M |
| Shares Owned By Insiders | 6.36 % | 10.09 % |
| Shares Owned By Institutions | 95.01 % | 39.21 % |
| Number Of Shares Shorted | 628.41 K | 4.71 M |
| Price To Earning | 13.25 X | 28.72 X |
| Price To Book | 4.22 X | 9.51 X |
| Price To Sales | 2.81 X | 11.42 X |
| Revenue | 2.77 B | 9.43 B |
| Gross Profit | 885.53 M | 27.38 B |
| EBITDA | 465.14 M | 3.9 B |
| Net Income | 216.07 M | 570.98 M |
| Cash And Equivalents | 53.48 M | 2.7 B |
| Cash Per Share | 0.89 X | 5.01 X |
| Total Debt | 1.12 B | 5.32 B |
| Debt To Equity | 1.00 % | 48.70 % |
| Current Ratio | 1.62 X | 2.16 X |
| Book Value Per Share | 30.39 X | 1.93 K |
| Cash Flow From Operations | 330.49 M | 971.22 M |
| Short Ratio | 1.95 X | 4.00 X |
| Earnings Per Share | 4.45 X | 3.12 X |
| Price To Earnings To Growth | 1.66 X | 4.89 X |
| Target Price | 130.56 | |
| Number Of Employees | 7.7 K | 18.84 K |
| Beta | 1.32 | -0.15 |
| Market Capitalization | 7.75 B | 19.03 B |
| Total Asset | 3.83 B | 29.47 B |
| Retained Earnings | 350.56 M | 9.33 B |
| Working Capital | 377.64 M | 1.48 B |
Note: Acquisition by Renato Negro of 205 shares of ESAB Corp subject to Rule 16b-3 [view details]
ESAB Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ESAB . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About ESAB Corp Buy or Sell Advice
When is the right time to buy or sell ESAB Corp? Buying financial instruments such as ESAB Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ESAB Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
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Check out ESAB Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.