Esab Corp Stock Today

ESAB Stock  USD 128.26  0.46  0.36%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
ESAB Corp is trading at 128.26 as of the 28th of November 2024, a 0.36% down since the beginning of the trading day. The stock's open price was 128.72. ESAB Corp has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for ESAB Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
5th of April 2022
Category
Industrials
ESAB Corporation engages in formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment in the United States and internationally. The company was incorporated in 2021 and is headquartered in Wilmington, Delaware. The company has 60.45 M outstanding shares of which 628.41 K shares are currently shorted by private and institutional investors with about 1.95 trading days to cover. More on ESAB Corp

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Moving against ESAB Stock

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

ESAB Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentShyam Kambeyanda
Thematic IdeaMachinery (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Metal Fabrication, Industrials, NYSE Composite, SP Midcap 400, Machinery, Industrials, Machinery, Metal Fabrication, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04430.0536
Significantly Down
Slightly volatile
Asset Turnover0.540.7247
Way Down
Very volatile
Gross Profit Margin0.280.3661
Way Down
Slightly volatile
Total Current Liabilities597.3 M620.1 M
Sufficiently Down
Slightly volatile
Non Current Liabilities Total977.2 M1.6 B
Way Down
Slightly volatile
Total Assets3.9 B3.8 B
Fairly Up
Slightly volatile
Total Current AssetsB997.7 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities298 M330.5 M
Moderately Down
Slightly volatile
Debt Levels
ESAB Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ESAB Corp's financial leverage. It provides some insight into what part of ESAB Corp's total assets is financed by creditors.
Liquidity
ESAB Corp currently holds 1.12 B in liabilities with Debt to Equity (D/E) ratio of 1.0, which is about average as compared to similar companies. ESAB Corp has a current ratio of 1.59, which is within standard range for the sector. Note, when we think about ESAB Corp's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

18.86 Million
ESAB Corp (ESAB) is traded on New York Stock Exchange in USA. It is located in 909 Rose Avenue, North Bethesda, MD, United States, 20852 and employs 7,700 people. ESAB Corp is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.78 B. ESAB Corp conducts business under Machinery sector and is part of Industrials industry. The entity has 60.45 M outstanding shares of which 628.41 K shares are currently shorted by private and institutional investors with about 1.95 trading days to cover. ESAB Corp currently holds about 53.48 M in cash with 330.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.89.
Check ESAB Corp Probability Of Bankruptcy
Ownership Allocation
ESAB Corp secures a total of 60.45 Million outstanding shares. The majority of ESAB Corp outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to obtain positions in ESAB Corp to benefit from reduced commissions. Thus, outside corporations are subject to a different set of regulations than regular investors in ESAB Corp. Please pay attention to any change in the institutional holdings of ESAB Corp as this could imply that something significant has changed or is about to change at the company. Also note that roughly eight hundred twenty-eight thousand one hundred thirty-nine invesors are currently shorting ESAB Corp expressing very little confidence in its future performance.
Check ESAB Ownership Details

ESAB Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
1.2 M
Champlain Investment Partners, Llc2024-09-30
1.1 M
Davenport & Company Llc2024-09-30
940.4 K
Ameriprise Financial Inc2024-06-30
853.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
755.1 K
Alliancebernstein L.p.2024-06-30
751.4 K
Royce & Associates, Lp2024-09-30
749.8 K
Td Asset Management Inc2024-09-30
545 K
Charles Schwab Investment Management Inc2024-09-30
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
View ESAB Corp Diagnostics

ESAB Corp Historical Income Statement

At present, ESAB Corp's Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Research Development is expected to grow to about 39.9 M, whereas Tax Provision is forecasted to decline to about 71.2 M. View More Fundamentals

ESAB Stock Against Markets

ESAB Corp Corporate Management

Piyush ShethVP ControlProfile
Michele CampionSenior OfficerProfile
Renato NegroChief OfficerProfile
John DionSenior ExcellenceProfile
Kevin FCPAChief OfficerProfile
Tilea ColemanVice CommunicationsProfile
Vusa MlingoSenior DevelopmentProfile
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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.
For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.