UBS Group Issues Pessimistic Forecast for ESAB (NYSE:ESAB) Stock Price

ESAB (NYSE:ESAB) had its price objective decreased by UBS Group from $145.00 to $115.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group‘s price objective would suggest a potential upside of 38.36% from the company’s current price.

A number of other equities research analysts have also weighed in on the company. Weiss Ratings lowered ESAB from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. JPMorgan Chase & Co. dropped their target price on ESAB from $125.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Oppenheimer reduced their price target on ESAB from $135.00 to $110.00 and set an “outperform” rating on the stock in a report on Wednesday, October 21st. Stifel Nicolaus set a $114.00 price objective on ESAB in a research note on Monday, October 19th. Finally, Roth Capital reiterated a “buy” rating and issued a $133.00 price objective (down from $151.00) on shares of ESAB in a report on Tuesday, September 15th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $118.14.

ESAB Price Performance

NYSE ESAB traded up $4.00 during trading on Thursday, hitting $83.12. 2,554,166 shares of the company’s stock were exchanged, compared to its average volume of 1,236,160. The company has a current ratio of 1.96, a quick ratio of 1.22 and a debt-to-equity ratio of 0.99. The company has a market cap of $5.17 billion, a PE ratio of 33.65, a P/E/G ratio of 1.21 and a beta of 1.17. ESAB has a fifty-two week low of $62.74 and a fifty-two week high of $137.42. The stock’s 50 day moving average price is $69.92 and its two-hundred day moving average price is $92.53.

ESAB (NYSE:ESAB) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $1.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.03). The company had revenue of $824.52 million during the quarter, compared to analyst estimates of $786.68 million. ESAB had a net margin of 5.75% and a return on equity of 14.48%. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.32 earnings per share. Research analysts expect that ESAB will post 5.36 EPS for the current year.

Insider Buying and Selling

In other ESAB news, Director Rhonda L. Jordan sold 3,733 shares of the firm’s stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $78.86, for a total value of $294,384.38. Following the transaction, the director directly owned 3,733 shares of the company’s stock, valued at approximately $294,384.38. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 7.20% of the company’s stock.

Hedge Funds Weigh In On ESAB

Several large investors have recently added to or reduced their stakes in ESAB. BlackRock Inc. purchased a new stake in shares of ESAB in the second quarter worth approximately $524,533,000. Cooke & Bieler LP raised its position in ESAB by 73.3% in the 3rd quarter. Cooke & Bieler LP now owns 2,200,682 shares of the company’s stock valued at $144,981,000 after buying an additional 930,955 shares during the last quarter. Bessemer Group Inc. lifted its stake in ESAB by 16.3% during the 1st quarter. Bessemer Group Inc. now owns 1,225,702 shares of the company’s stock valued at $118,475,000 after acquiring an additional 171,926 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in ESAB by 2.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,215,909 shares of the company’s stock valued at $117,500,000 after acquiring an additional 34,383 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in ESAB by 21.7% during the 1st quarter. Bank of New York Mellon Corp now owns 984,297 shares of the company’s stock valued at $95,142,000 after acquiring an additional 175,398 shares in the last quarter. Institutional investors own 91.13% of the company’s stock.

Key Headlines Impacting ESAB

Here are the key news stories impacting ESAB this week:

• Positive Sentiment: UBS maintained its Buy rating and set a $115 price target, which is still above the share price despite being cut from $145. UBS target and rating
• Neutral Sentiment: ESAB said it is targeting net leverage in the mid-2s by the end of 2027, a debt-reduction goal that could help address investor concerns about acquisition-related borrowing. 2026 outlook and leverage target
• Negative Sentiment: Third-quarter revenue rose 13.3% year over year to $824.5 million and topped estimates, but EPS of $1.30 missed the $1.33 consensus. Reports also cite margin compression and reduced guidance, tempering the revenue growth. Q3 results and outlook
• Negative Sentiment: Director Rhonda L. Jordan sold 3,733 shares, cutting her direct holding by 50%. The sale may raise concern, though the transaction alone does not establish the director’s outlook for the company. SEC Form 4 filing

ESAB Company Profile

ESAB Corporation (NYSE: ESAB) is a global provider of welding and cutting technologies. The company develops and supplies equipment, consumables, automation solutions and related products used to join, cut and process metals across industrial and commercial applications.

Its product portfolio includes welding machines, cutting systems, welding electrodes and wires, filler metals, gas-control equipment, plasma and oxyfuel technologies, and digital or automated solutions. ESAB also offers products and services designed to support fabrication, manufacturing, construction, transportation, energy and maintenance operations.

ESAB serves customers in the Americas, Europe, the Middle East, Africa and the Asia-Pacific region through a portfolio of established brands and distribution channels.