Ratings ESAB Corporation

Equities

ESAB

US29605J1060

Market Closed - Nyse Other stock markets 04:00:02 2024-05-10 pm EDT			5-day change	1st Jan Change
110.3 ^USD	+1.12%		+5.08%	+27.30%

May. 09	ESAB Corporation Declares Quarterly Dividend, Payable on July 12, 2024	CI
May. 01	ESAB Fiscal Q1 Core Adjusted Net Income, Net Sales Rise; 2024 Core Adjusted EPS Outlook Raised	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

Over the past four months, analysts' average price target has been revised upwards significantly.
Analyst opinion has improved significantly over the past four months.
Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.

Weaknesses

With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
With a 2024 P/E ratio at 24.26 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
The company is not the most generous with respect to shareholders' compensation.

Ratings chart - Surperformance

Sector: Industrial Machinery & Equipment

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
ESAB CORPORATION	+27.30%	6.66B		-
LINCOLN ELECTRIC HOLDINGS, INC.	+9.48%	13.55B		B-
HAN'S LASER TECHNOLOGY INDUSTRY GROUP CO., LTD.	+1.88%	3.07B		C
WUXI AUTOWELL TECHNOLOGY CO.,LTD.	-0.54%	2.79B		C-
WUHAN RAYCUS FIBER LASER TECHNOLOGIES CO.,LTD.	-11.90%	1.62B		-
ESAB INDIA LIMITED	-14.00%	932M	-	C+
SBT ULTRASONIC TECHNOLOGY CO.,LTD.	-36.23%	836M		-
SHANGHAI HUGONG ELECTRIC GROUP CO.,LTD.	+5.56%	686M	-	-
SHENZHEN UNITED WINNERS LASER CO., LTD.	-30.37%	669M		-
SHENZHEN JASIC TECHNOLOGY CO.,LTD.	+15.96%	593M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes