ESAB Stock Recent News

Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either AB SKF (SKFRY) or Esab (ESAB). But which of these two stocks offers value investors a better bang for their buck right now?

Esab (ESAB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Investors interested in stocks from the Metal Products - Procurement and Fabrication sector have probably already heard of AB SKF (SKFRY) and Esab (ESAB). But which of these two stocks presents investors with the better value opportunity right now?

Esab (ESAB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB4QEarnings--ESAB Corporation Schedules Fourth Quarter 2023 Earnings Release and Conference Call.

Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either AB SKF (SKFRY) or Esab (ESAB). But which of these two stocks presents investors with the better value opportunity right now?

ESAB Corporation has seen strong growth in the past year despite macro headwinds. The company's stock is currently overvalued based on its EV/EBITDA ratio. ESAB has a solid balance sheet and positive earnings, but its valuation may hinder future outperformance.

ESAB Corporation is benefiting from good execution and a healthy end-market demand. ESAB's margin expansion is expected to come from product-line simplification, increased efficiencies, and a shift towards higher margin equipment sales. The company's valuation is attractive compared to its peers.

Here is how Esab (ESAB) and Eaton (ETN) have performed compared to their sector so far this year.

Esab (ESAB) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.92 per share a year ago.