
ESAB Corp (ESAB) Stock Forecast & Price Target
ESAB Corp (ESAB) Analyst Ratings
Bulls say
ESAB generated approximately $2.7 billion in revenue in 2024, indicating a stable performance within the competitive welding industry alongside major players like Lincoln Electric and ITW's Miller brand. The company's business in China and Southeast Asia showed mid-single-digit growth, largely driven by increased capital expenditure, which bodes well for continued expansion into 2025. Additionally, a 3% revenue increase alongside a margin expansion of 30 basis points to 20.4% suggests improvement in operational efficiency, reinforcing a positive outlook for ESAB's future financial performance.
Bears say
The financial outlook for ESAB is undermined by a projected decline in operating margin, expected to decrease by 27 basis points to 16.1%. The company experienced a significant organic revenue decline of 7% due to a 11% decrease in volume, despite a 4% price increase; this decline in units reflects weakening demand in the market. Additionally, foreign exchange headwinds further complicated financial performance, which, combined with these factors, suggests a challenging environment for maintaining profitability 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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