Posted by admin on Aug 2nd, 2022
ESAB (NYSE:ESAB – Get Rating) is scheduled to release its earnings data before the market opens on Tuesday, August 9th. Analysts expect ESAB to post earnings of $0.99 per share for the quarter. ESAB has set its FY 2022 guidance at $3.85-$4.05 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.
ESAB (NYSE:ESAB – Get Rating) last announced its quarterly earnings data on Tuesday, May 10th. The company reported $1.17 EPS for the quarter. The firm had revenue of $647.91 million for the quarter. On average, analysts expect ESAB to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of ESAB stock opened at $42.16 on Tuesday. The company’s fifty day moving average price is $44.54. ESAB has a one year low of $39.12 and a one year high of $58.08.
The business also recently declared a quarterly dividend, which was paid on Monday, July 18th. Shareholders of record on Friday, July 1st were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, June 30th. This represents a $0.20 dividend on an annualized basis and a yield of 0.47%.
A number of analysts have issued reports on the stock. Loop Capital assumed coverage on shares of ESAB in a report on Friday, May 13th. They issued a “hold” rating and a $52.00 price target on the stock. Stifel Nicolaus reduced their price target on shares of ESAB from $56.00 to $45.00 in a report on Monday, July 18th.
ESAB Corporation formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables, including electrodes, nozzles, shields, and tips.
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