ESAB (NYSE:ESAB) PT Lowered to $45.00 at Stifel Nicolaus | MarketBeat

2022-07-22 21:48:34 By : Ms. Sally Dong

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

ESAB (NYSE:ESAB - Get Rating) had its price objective decreased by stock analysts at Stifel Nicolaus from $56.00 to $45.00 in a note issued to investors on Monday, The Fly reports. Stifel Nicolaus' price objective points to a potential upside of 12.50% from the stock's previous close.

Separately, Loop Capital assumed coverage on shares of ESAB in a research note on Friday, May 13th. They issued a "hold" rating and a $52.00 price target for the company.ESAB Stock Up 0.7 %

NYSE ESAB opened at $40.00 on Monday. ESAB has a 52 week low of $39.12 and a 52 week high of $58.08. The stock has a 50-day moving average price of $45.95.

ESAB (NYSE:ESAB - Get Rating) last posted its earnings results on Tuesday, May 10th. The company reported $1.17 EPS for the quarter. The firm had revenue of $647.91 million during the quarter. As a group, equities analysts expect that ESAB will post 4.02 earnings per share for the current year. Institutional Trading of ESAB

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue purchased a new stake in shares of ESAB in the 2nd quarter valued at approximately $286,000. Wedge Capital Management L L P NC purchased a new stake in shares of ESAB in the 2nd quarter valued at approximately $11,002,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of ESAB in the 1st quarter valued at approximately $19,233,000. About ESAB (Get Rating)

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.See AlsoGet a free copy of the StockNews.com research report on ESAB (ESAB)Does Whirlpool's (NYSE: WHR) Russian Exit Give Investors An Attractive Entry?Why Did State Street's Stock Rally Despite Weaker Earnings?Abbott Labs Stock Can Be a Recession Hedge for Your PortfolioCostco Stock is Springing Back to Life Shopify Stock May be a Bargain at These Levels

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider ESAB, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ESAB wasn't on the list.

While ESAB currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

In this episode, Kate chats with regular guest Rob Isbitts, who, as always, debunks some traditional investing ideas, such as “buy the dip” and only going long while the market is in rally mode.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.