
ESAB Corp (ESAB) Stock Forecast & Price Target
ESAB Corp (ESAB) Analyst Ratings
Bulls say
ESAB, a leading manufacturer in the welding space, generated approximately $2.7 billion in revenue in 2024, showcasing its substantial market position alongside competitors Lincoln Electric and ITW's Miller brand. The company's growth in China and Southeast Asia, where it reported mid-single-digit growth driven by increased capital expenditure, highlights its expanding international presence. Additionally, ESAB's operational efficiency improved as indicated by a margin expansion of 30 basis points to 20.4%, reflecting strong financial performance relative to the previous year.
Bears say
ESAB is facing significant challenges reflected in its financial performance, with a projected 27 basis points decline in operating margin to 16.1%. The company's organic revenue fell by 7%, primarily driven by an 11% decrease in volume, despite a 4% increase from pricing and a 3% contribution from acquisitions. Additionally, foreign exchange fluctuations have presented a 4% headwind, further complicating the company's revenue growth prospects.
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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