Esab Corp Stock Price on December 13, 2024
| ESAB Stock | USD 121.41 1.33 1.08% |
If you're considering investing in ESAB Stock, it is important to understand the factors that can impact its price. As of today, the current price of ESAB Corp stands at 121.41, as last reported on the 29th of December, with the highest price reaching 123.07 and the lowest price hitting 120.59 during the day. ESAB Corp appears to be very steady, given 3 months investment horizon. ESAB Corp retains Efficiency (Sharpe Ratio) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ESAB Corp, which you can use to evaluate the volatility of the firm. Please utilize ESAB Corp's Market Risk Adjusted Performance of 1.26, coefficient of variation of 925.09, and Downside Deviation of 1.41 to check if our risk estimates are consistent with your expectations.
At present, ESAB Corp's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 66.2 M, whereas Common Stock is forecasted to decline to about 51.3 K. . 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. ESAB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ESAB |
Sharpe Ratio = 0.1023
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average ESAB Corp is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ESAB Corp by adding it to a well-diversified portfolio.
Price Book 3.9948 | Enterprise Value Ebitda 15.8889 | Price Sales 2.6596 | Shares Float 56.6 M | Dividend Share 0.28 |
ESAB Corp Valuation on December 13, 2024
It is possible to determine the worth of ESAB Corp on a given historical date. On December 13, 2024 ESAB was worth 127.71 at the beginning of the trading date compared to the closed value of 127.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ESAB Corp stock. Still, in general, we apply an absolute valuation method to find ESAB Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ESAB Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ESAB Corp's related companies.
| Open | High | Low | Close | Volume | |
| 131.11 | 131.11 | 126.63 | 128.06 | 139,779 | |
12/13/2024 | 127.71 | 128.13 | 125.01 | 127.63 | 272,557 |
| 127.77 | 131.44 | 127.77 | 130.51 | 260,863 |
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ESAB Corp Trading Date Momentum on December 13, 2024
| On December 16 2024 ESAB Corp was traded for 130.51 at the closing time. The top price for the day was 131.44 and the lowest listed price was 127.77 . The trading volume for the day was 260.9 K. The trading history from December 16, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 2.26% . The overall trading delta against the current closing price is 5.77% . |
ESAB Corp Fundamentals Correlations and Trends
By evaluating ESAB Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ESAB Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ESAB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ESAB Corp Stock history
ESAB Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ESAB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ESAB Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ESAB Corp stock prices may prove useful in developing a viable investing in ESAB Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 60.7 M | 66.2 M | |
| Net Income Applicable To Common Shares | 257.3 M | 217 M |
ESAB Corp Quarterly Net Working Capital |
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ESAB Corp Stock Technical Analysis
ESAB Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ESAB Corp Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
ESAB Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ESAB Corp December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ESAB Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ESAB Corp shares will generate the highest return on investment. By undertsting and applying ESAB Corp stock market strength indicators, traders can identify ESAB Corp entry and exit signals to maximize returns
ESAB Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ESAB Corp's price direction in advance. Along with the technical and fundamental analysis of ESAB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ESAB to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 0.2284 | |||
| Total Risk Alpha | 0.1701 | |||
| Sortino Ratio | 0.1487 | |||
| Treynor Ratio | 1.25 |
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Complementary Tools for ESAB Stock analysis
When running ESAB Corp's price analysis, check to measure ESAB Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ESAB Corp is operating at the current time. Most of ESAB Corp's value examination focuses on studying past and present price action to predict the probability of ESAB Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESAB Corp's price. Additionally, you may evaluate how the addition of ESAB Corp to your portfolios can decrease your overall portfolio volatility.
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