ESAB Stock Forecast & Price Target
ESAB$72.94+2.03 +2.86%
$4.53B
Market Cap
25.38
P/E
13.56
Forward P/E
53
Score
ESAB Stock Forecast & Price Target
ESAB price $72.94 +2.03 +2.86%
- Ticker
- ESAB
- Price
- $72.94
- Change
- +2.03 +2.86%
- Market cap ?
- $4.53B
- P/E ?
- 25.38
- Forward P/E ?
- 13.56
- Dividend yield ?
- 0.64%
- Beta ?
- 1.14
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Stocklytics score
- 53
- Value
- 68
- Quality
- 48
- Growth
- 44
Stocklytics score rationale: value 68, quality 48, growth 44.
Financials
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2247026000 | 1950069000 | 2428115000 | 2593480000 | 2774766000 | 2740803000 | 2842555000 |
ESAB Corporation specializes in the creation, production, and distribution of industrial consumables and advanced equipment for cutting, joining, and automated welding processes, in addition to gas control systems. Their extensive catalog features welding consumables like electrodes, cored and solid wires, and fluxes, crafted from various specialty materials. They also supply cutting consumables such as electrodes…
Fair value
ESAB fair value $119.27. Price $72.94. Price is 39% below fair value.
Around fair value, but less expensive than usual. A smaller premium than on 75% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 266.41M. Growth 14.94%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 10.59% (beta 1.1). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 62.14M. Net debt 1.25B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-04 | — | 1.33 | — | 786.68M |
| 2026-08-06 | 1.33 | 1.36 | 807.63M | 755.64M |
| 2026-05-07 | 1.31 | 1.32 | 745.60M | 706.74M |
| 2026-02-20 | 1.35 | 1.34 | 687.60M | 687.83M |
| 2025-10-29 | 1.32 | 1.27 | 727.85M | 707.67M |
| 2025-08-06 | 1.36 | 1.34 | 715.59M | 665.74M |
| 2025-05-01 | 1.25 | 1.18 | 678.14M | 656.99M |
| 2025-02-20 | 1.28 | 1.15 | 670.76M | 655.83M |
| 2024-10-29 | 1.25 | 1.12 | 673.25M | 641.83M |
| 2024-08-02 | 1.32 | 1.27 | 707.05M | 694.19M |
| 2024-05-01 | 1.20 | 1.10 | 689.74M | 660.93M |
| 2024-02-29 | 1.13 | 1.03 | 689.35M | 641.62M |
| 2023-11-01 | 1.08 | 0.95 | 681.00M | 654.90M |
| 2023-08-01 | 1.21 | 1.02 | 720.42M | 667.88M |
| 2023-05-02 | 1.04 | 0.93 | 684.00M | 622.13M |
| 2023-03-07 | 1.05 | 0.90 | 664.13M | 622.13M |
| 2022-11-03 | 0.92 | 0.85 | 620.26M | 584.73M |
| 2022-08-09 | 1.08 | 1.01 | 661.18M | 635.95M |
| 2022-05-10 | 1.17 | — | 647.91M | — |
| 2022-03-29 | 1.01 | — | 605.97M | — |
| 2021-12-31 | 0.66 | — | 624.22M | — |
| 2021-06-30 | 1.29 | — | 629.80M | — |
| 2021-03-31 | 0.96 | — | 568.13M | — |
Dividends
Yield 0.60%. Payout ratio 14.13%. Frequency Quarterly.
Safety score 84/100 · Safe. Payout ratio is 14% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 5 separate years. Yield is 0.6%, which is modest.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-10-02 | $0.12 | 2026-10-02 | 2026-10-16 | Quarterly |
| 2026-07-02 | $0.12 | 2026-07-03 | 2026-07-17 | Quarterly |
| 2026-04-02 | $0.10 | 2026-04-02 | 2026-04-17 | Quarterly |
| 2025-12-31 | $0.10 | 2025-12-31 | 2026-01-16 | Irregular |
| 2025-10-03 | $0.10 | 2025-10-03 | 2025-10-17 | Quarterly |
| 2025-07-03 | $0.10 | 2025-07-03 | 2025-07-18 | Quarterly |
| 2025-04-04 | $0.08 | 2025-04-04 | 2025-04-17 | Quarterly |
| 2024-12-31 | $0.08 | 2024-12-31 | 2025-01-17 | Quarterly |
| 2024-09-27 | $0.08 | 2024-09-27 | 2024-10-11 | Quarterly |
| 2024-06-28 | $0.08 | 2024-06-28 | 2024-07-12 | Quarterly |
| 2024-03-27 | $0.06 | 2024-03-29 | 2024-04-12 | Quarterly |
| 2023-12-28 | $0.06 | 2023-12-29 | 2024-01-12 | Quarterly |
| 2023-09-28 | $0.06 | 2023-09-29 | 2023-10-13 | Quarterly |
| 2023-06-29 | $0.06 | 2023-06-30 | 2023-07-14 | Quarterly |
| 2023-03-30 | $0.05 | 2023-03-31 | 2023-04-14 | Quarterly |
| 2022-12-29 | $0.05 | 2022-12-30 | 2023-01-13 | Quarterly |
| 2022-09-29 | $0.05 | 2022-09-30 | 2022-10-14 | Quarterly |
| 2022-06-30 | $0.05 | 2022-07-01 | 2022-07-18 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2027-03-01 | Han Julie | Other | 196 | — | — |
| 2026-10-01 | Martin Sebastien | Sell | 198 | — | — |
| 2026-10-01 | Martin Sebastien | Buy | 198 | — | — |
| 2026-10-01 | Martin Sebastien | Other | 595 | — | — |
| 2026-09-30 | RALES MITCHELL P | Buy | 892 | — | — |
| 2026-09-30 | LUTZ ROBERT S | Buy | 494 | — | — |
| 2026-09-30 | Teirlinck Didier P | Buy | 200 | — | — |
| 2026-08-07 | Jordan Rhonda L | Sell | 1.00K | $33.33 | 33.33K |
| 2026-08-07 | Jordan Rhonda L | Buy | 1.00K | $33.33 | 33.33K |
| 2026-08-07 | Jordan Rhonda L | Sell | 1.00K | $95.00 | 95.00K |
| 2026-07-15 | Bhagwakar Ranjana N | Buy | 15.78K | — | — |
| 2026-07-01 | Bhagwakar Ranjana N | Buy | 58.06K | $93.69 | 5.44M |
| 2026-07-01 | Bhagwakar Ranjana N | Buy | 9.05K | — | — |
| 2026-07-01 | Bhagwakar Ranjana N | Buy | 7.06K | $93.69 | 661.08K |
| 2026-07-01 | Bhagwakar Ranjana N | Other | 0 | — | — |
| 2026-06-30 | RALES MITCHELL P | Buy | 596 | — | — |
| 2026-06-30 | LUTZ ROBERT S | Buy | 330 | — | — |
| 2026-06-30 | Teirlinck Didier P | Buy | 134 | — | — |
| 2026-06-10 | RALES MITCHELL P | Buy | 1.20M | $82.92 | 99.50M |
| 2026-06-10 | Kambeyanda Shyam | Buy | 580.55K | $82.92 | 48.14M |
| 2026-06-10 | Campion Michele | Buy | 52.25K | $82.92 | 4.33M |
| 2026-06-10 | Jewell Curtis E | Buy | 58.06K | $82.92 | 4.81M |
| 2026-06-10 | Jones R. Brent | Buy | 145.14K | $82.92 | 12.03M |
| 2026-06-01 | RALES MITCHELL P | Buy | 3.36M | — | — |
| 2026-06-01 | RALES MITCHELL P | Buy | 70.69K | — | — |
| 2026-06-01 | RALES MITCHELL P | Buy | 111.35K | — | — |
| 2026-06-01 | RALES MITCHELL P | Buy | 100.00K | — | — |
| 2026-06-01 | Cummings Melissa | Buy | 637 | — | — |
| 2026-06-01 | Cummings Melissa | Sell | 637 | — | — |
| 2026-06-01 | Vinnakota Rajiv | Buy | 637 | — | — |
| 2026-06-01 | Vinnakota Rajiv | Sell | 637 | — | — |
| 2026-05-12 | Kambeyanda Shyam | Buy | 10.80K | — | — |
| 2026-05-12 | Kambeyanda Shyam | Sell | 5.05K | $94.20 | 475.99K |
| 2026-05-12 | Kambeyanda Shyam | Sell | 10.80K | — | — |
| 2026-05-12 | Jewell Curtis E | Buy | 1.82K | — | — |
| 2026-05-12 | Jewell Curtis E | Sell | 894 | $94.20 | 84.21K |
| 2026-05-12 | Jewell Curtis E | Sell | 1.82K | — | — |
| 2026-05-12 | Campion Michele | Buy | 1.83K | — | — |
| 2026-05-12 | Campion Michele | Sell | 902 | $94.20 | 84.97K |
| 2026-05-12 | Campion Michele | Sell | 1.83K | — | — |
| 2026-05-12 | Biebuyck Olivier | Buy | 2.36K | — | — |
| 2026-05-12 | Biebuyck Olivier | Sell | 1.18K | $94.20 | 111.53K |
| 2026-05-12 | Biebuyck Olivier | Sell | 2.36K | — | — |
| 2026-05-08 | Phillipps Stephanie M | Buy | 2.65K | $100.94 | 267.19K |
| 2026-05-08 | Phillipps Stephanie M | Buy | 813 | — | — |
| 2026-05-08 | Martin Sebastien | Buy | 2.65K | $100.94 | 267.19K |
| 2026-05-08 | Martin Sebastien | Buy | 813 | — | — |
| 2026-05-08 | Cummings Melissa | Buy | 2.65K | $100.94 | 267.19K |
| 2026-05-08 | Cummings Melissa | Buy | 813 | — | — |
| 2026-05-08 | Vinnakota Rajiv | Buy | 2.65K | $100.94 | 267.19K |
| 2026-05-08 | Vinnakota Rajiv | Buy | 813 | — | — |
| 2026-05-08 | Teirlinck Didier P | Buy | 2.65K | $100.94 | 267.19K |
| 2026-05-08 | Teirlinck Didier P | Buy | 407 | — | — |
| 2026-05-08 | Teirlinck Didier P | Buy | 406 | — | — |
| 2026-05-08 | LUTZ ROBERT S | Buy | 2.65K | $100.94 | 267.19K |
| 2026-05-08 | LUTZ ROBERT S | Buy | 813 | — | — |
| 2026-05-08 | Jordan Rhonda L | Buy | 2.65K | $100.94 | 267.19K |
| 2026-05-08 | Jordan Rhonda L | Buy | 813 | — | — |
| 2026-05-08 | RALES MITCHELL P | Buy | 813 | — | — |
| 2026-05-08 | RALES MITCHELL P | Buy | 2.65K | $100.94 | 267.19K |
| 2026-05-07 | Jones R. Brent | Buy | 33.98K | — | — |
| 2026-05-07 | Jones R. Brent | Buy | 14.21K | $102.39 | 1.45M |
| 2026-05-07 | Jones R. Brent | Other | 0 | — | — |
| 2026-04-01 | Han Julie | Buy | 1.00K | — | — |
| 2026-04-01 | Han Julie | Other | 0 | — | — |
| 2026-03-31 | Teirlinck Didier P | Buy | 123 | — | — |
| 2026-03-31 | ALLENDER PATRICK W | Buy | 246 | — | — |
| 2026-03-31 | LUTZ ROBERT S | Buy | 304 | — | — |
| 2026-03-31 | RALES MITCHELL P | Buy | 570 | — | — |
| 2026-03-09 | Negro Renato | Buy | 986 | — | — |
| 2026-03-09 | Negro Renato | Sell | 337 | $107.02 | 36.07K |
| 2026-03-09 | Negro Renato | Sell | 986 | — | — |
| 2026-03-09 | Johnson Kevin J | Buy | 7.58K | — | — |
| 2026-03-09 | Johnson Kevin J | Sell | 3.73K | $107.02 | 398.86K |
| 2026-03-09 | Johnson Kevin J | Buy | 2.01K | — | — |
| 2026-03-09 | Johnson Kevin J | Sell | 986 | $107.02 | 105.52K |
| 2026-03-09 | Johnson Kevin J | Sell | 2.01K | — | — |
| 2026-03-09 | Kambeyanda Shyam | Buy | 23.15K | — | — |
| 2026-03-09 | Kambeyanda Shyam | Sell | 11.38K | $107.02 | 1.22M |
| 2026-03-09 | Kambeyanda Shyam | Buy | 6.12K | — | — |
| 2026-03-09 | Kambeyanda Shyam | Sell | 2.87K | $107.02 | 306.83K |
| 2026-03-09 | Kambeyanda Shyam | Sell | 6.12K | — | — |
| 2026-03-09 | Campion Michele | Buy | 3.62K | — | — |
| 2026-03-09 | Campion Michele | Sell | 1.47K | $107.02 | 157.11K |
| 2026-03-09 | Campion Michele | Buy | 958 | — | — |
| 2026-03-09 | Campion Michele | Sell | 328 | $107.02 | 35.10K |
| 2026-03-09 | Campion Michele | Sell | 958 | — | — |
| 2026-03-09 | Teirlinck Didier P | Buy | 3.37K | $33.02 | 111.18K |
| 2026-03-09 | Teirlinck Didier P | Sell | 3.37K | $33.02 | 111.18K |
| 2026-03-09 | Biebuyck Olivier | Buy | 5.32K | — | — |
| 2026-03-09 | Biebuyck Olivier | Sell | 2.54K | $107.02 | 271.30K |
| 2026-03-09 | Biebuyck Olivier | Buy | 1.41K | — | — |
| 2026-03-09 | Biebuyck Olivier | Sell | 662 | $107.02 | 70.85K |
| 2026-03-09 | Biebuyck Olivier | Sell | 1.41K | — | — |
| 2026-03-09 | Jewell Curtis E | Buy | 3.59K | — | — |
| 2026-03-09 | Jewell Curtis E | Sell | 1.69K | $107.02 | 181.29K |
| 2026-03-09 | Jewell Curtis E | Buy | 951 | — | — |
| 2026-03-09 | Jewell Curtis E | Sell | 449 | $107.02 | 48.05K |
| 2026-03-09 | Jewell Curtis E | Sell | 951 | — | — |
| 2026-03-02 | Johnson Kevin J | Buy | 1.13K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 359, holders +2 vs prior quarter. Ownership 106.94%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ | 8.13M | 1.47M | +22.09% | 801.50M |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 7.62M | -535.14K | -6.56% | 751.76M |
| BLACKROCK, INC. | 5.32M | 134.87K | +2.60% | 524.53M |
| INVESCO LTD. | 2.77M | 1.95M | +238.65% | 273.25M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.61M | 14.36K | +0.55% | 257.37M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.48M | -14.35K | -0.58% | 244.14M |
| FIL LTD | 2.34M | 946.91K | +67.89% | 230.96M |
| CAPITAL RESEARCH GLOBAL INVESTORS | 1.86M | 1.24M | +201.17% | 183.73M |
| STATE STREET CORP | 1.82M | 84.19K | +4.84% | 179.82M |
| NEUBERGER BERMAN GROUP LLC | 1.54M | -151.17K | -8.94% | 151.91M |
| FMR LLC | 1.54M | 299.67K | +24.17% | 151.86M |
| DIMENSIONAL FUND ADVISORS LP | 1.46M | 240.19K | +19.75% | 143.61M |
| JPMORGAN CHASE & CO | 1.41M | -107.11K | -7.07% | 138.51M |
| BESSEMER GROUP INC | 1.39M | 167.16K | +13.64% | 137.38M |
| COOKE & BIELER LP | 1.27M | 264.55K | +26.32% | 125.23M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.09M | 12.90K | +1.20% | 107.69M |
| BANK OF NEW YORK MELLON CORP | 955.19K | -29.11K | -2.96% | 94.21M |
| ROYCE & ASSOCIATES LP | 865.83K | 52.24K | +6.42% | 85.40M |
| DAVENPORT & CO LLC | 797.76K | 123.34K | +18.29% | 78.49M |
| CHAMPLAIN INVESTMENT PARTNERS, LLC | 756.08K | -548.76K | -42.06% | 74.57M |
| NORGES BANK | 677.26K | 677.26K | New | 66.80M |
| VAN BERKOM & ASSOCIATES INC. | 660.18K | 3.91K | +0.60% | 65.11M |
| TIMESSQUARE CAPITAL MANAGEMENT, LLC | 574.65K | -103.24K | -15.23% | 56.68M |
| VICTORY CAPITAL MANAGEMENT INC | 540.26K | 87.44K | +19.31% | 53.29M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 535.61K | 13.34K | +2.55% | 52.83M |
Forecast
Consensus Buy from 11 analysts. Average price target $121.75, +66.9% versus the current price. Low $110.00. High $133.00.
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