ESAB (NYSE:ESAB) Updates FY 2026 Earnings Guidance

ESAB (NYSE:ESAB) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.400-5.500 for the period, compared to the consensus EPS estimate of 5.770. The company issued revenue guidance of -.

ESAB Stock Down 2.4%

Shares of ESAB stock traded down $2.27 during trading on Friday, reaching $92.24. The company had a trading volume of 501,215 shares, compared to its average volume of 601,778. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.26 and a current ratio of 1.96. The firm’s fifty day moving average is $91.83 and its 200-day moving average is $102.27. ESAB has a fifty-two week low of $82.18 and a fifty-two week high of $137.42. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 33.06, a price-to-earnings-growth ratio of 1.85 and a beta of 1.19.

ESAB (NYSE:ESAB) last issued its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.04). The firm had revenue of $807.63 million during the quarter, compared to analyst estimates of $749.05 million. ESAB had a return on equity of 14.48% and a net margin of 5.75%.ESAB’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.36 EPS. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. On average, analysts anticipate that ESAB will post 5.45 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ESAB shares. Stifel Nicolaus lowered their price objective on shares of ESAB from $141.00 to $137.00 and set a “buy” rating for the company in a research report on Monday, July 20th. DA Davidson began coverage on ESAB in a research note on Monday, June 15th. They issued a “buy” rating and a $130.00 target price for the company. JPMorgan Chase & Co. lowered their target price on ESAB from $148.00 to $135.00 and set an “overweight” rating for the company in a report on Friday, April 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of ESAB in a research report on Friday, July 24th. Finally, Roth Capital raised their price target on ESAB from $142.00 to $151.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ESAB has an average rating of “Moderate Buy” and a consensus price target of $138.38.

ESAB News Roundup

Here are the key news stories impacting ESAB this week:

• Positive Sentiment: Second-quarter revenue rose 12.9% year over year to $807.6 million, substantially exceeding analysts’ $749.1 million estimate. The company highlighted strength in its equipment business and continued operational improvements. ESAB Corporation Announces Second Quarter 2026 Results
• Positive Sentiment: ESAB said the Eddyfi acquisition is closing ahead of schedule, supporting its strategy to expand into inspection and testing markets. Management also forecast 2026 core sales of approximately $3.0 billion to $3.1 billion. ESAB forecasts 2026 core sales and adjusted EPS
• Neutral Sentiment: Management’s earnings call emphasized equipment-market momentum and Eddyfi integration as drivers of a strategic shift, but investors will likely look for evidence that the acquisition produces the expected growth and synergies. ESAB Q2 deep dive
• Negative Sentiment: Adjusted earnings were $1.33 per share, below the $1.37 consensus estimate and down from $1.36 a year earlier. ESAB Q2 Earnings Lag Estimates
• Negative Sentiment: ESAB’s 2026 adjusted EPS guidance of $5.40–$5.50 is below the approximately $5.77 analyst consensus, creating a concern that integration costs, business conditions, or other pressures could limit near-term earnings growth. ESAB Q2 2026 Earnings Call Transcript

Hedge Funds Weigh In On ESAB

A number of institutional investors and hedge funds have recently bought and sold shares of ESAB. Los Angeles Capital Management LLC acquired a new position in shares of ESAB in the 4th quarter worth approximately $33,000. Northwestern Mutual Wealth Management Co. grew its position in ESAB by 109.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 333 shares of the company’s stock worth $40,000 after buying an additional 174 shares during the last quarter. Smartleaf Asset Management LLC grew its position in ESAB by 259.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 381 shares of the company’s stock worth $43,000 after buying an additional 275 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of ESAB by 3,023.1% in the fourth quarter. Global Retirement Partners LLC now owns 406 shares of the company’s stock valued at $45,000 after buying an additional 393 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of ESAB by 185.3% in the fourth quarter. UMB Bank n.a. now owns 642 shares of the company’s stock valued at $72,000 after buying an additional 417 shares in the last quarter. Institutional investors own 91.13% of the company’s stock.

About ESAB

ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company’s products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.

Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.