ESAB Corp (ESAB) Stock Forecast & Price Target
ESAB Corp (ESAB) Analyst Ratings
Bulls say
ESAB's performance in 2024 demonstrated significant resilience, achieving approximately $2.7 billion in revenue, reflecting a notable growth trajectory despite stronger competition in the Americas from Lincoln Electric and ITW's Miller brand. The company's ability to generate mid-single-digit growth in China and Southeast Asia, driven by increased capital expenditure, highlights its potential for international expansion and diversification. Additionally, a 3% increase in consensus revenue and a 30 basis points improvement in margin to 20.4% compared to the previous year's quarter further underscores ESAB's operational efficiency and profitability.
Bears say
ESAB is experiencing a forecasted decline in operating margin by 27 basis points to 16.1% and has reported a significant 7% decrease in organic revenue, largely attributed to an 11% drop in volume. While pricing has provided a 4% uplift, it is insufficient to offset the challenges faced, including a 4% negative impact from foreign exchange fluctuations. Additionally, the mixed effects of acquisitions and a 3.2% decline in unit sales suggest ongoing difficulties that could hinder ESAB's financial performance moving forward.
This aggregate rating is based on analysts' research of ESAB Corp and is not a guaranteed prediction by Public.com or investment advice.
ESAB Corp (ESAB) Analyst Forecast & Price Prediction
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