Stifel analyst Nathan Jones maintains $ESAB Corp (ESAB.US)$ with a buy rating, and adjusts the target price from $118 to $138.
According to TipRanks data, the analyst has a success rate of 68.2% and a total average return of 18.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $ESAB Corp (ESAB.US)$'s main analysts recently are as follows:
ESAB's shares experienced a significant increase following a strong third quarter performance, coupled with the company's reaffirmed commitment to core outgrowth and accretive capital usage. The company's leadership has confidently updated its 2024 guidance based on robust year-to-date achievements and current run-rate trends. The ongoing success is partly due to the company's outgrowth in the HGM sector, beneficial mix shifts from North American equipment share gains, and the flexibility in capital deployment.
The company has recorded another quarter of surpassing expectations and raising future outlooks, with its revamped equipment lineup contributing to market share expansion. Solid demand from the Middle East, India, and Southeast Asia has led to a stronger volume performance in the International segment. Despite these positive developments, a neutral stance on the stock is maintained due to the rapid pace of valuation multiple changes.
ESAB has continued to deliver robust operating performance and improved margins even amidst a tougher market environment. The company is garnering recognition for consistently demonstrating exemplary execution within a fluctuating core welding demand landscape.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
斯迪富分析師Nathan Jones維持$ESAB Corp (ESAB.US)$買入評級，並將目標價從118美元上調至138美元。
根據TipRanks數據顯示，該分析師近一年總勝率為68.2%，總平均回報率為18.4%。
此外，綜合報道，$ESAB Corp (ESAB.US)$近期主要分析師觀點如下：
ESAB的股價在表現強勁的第三季度後出現了顯著增長，再加上公司對核心增長和增值資本使用的重申承諾。公司領導根據強勁的年度業績和當前持續走勢自信地更新了2024年的指引。這種持續成功部分歸因於公司在hgm領域的增長，在北美設備份額增長帶來的有利組合轉變，以及資本部署的靈活性。
該公司再次錄得超出預期的一個季度，並提高了未來展望，其改進的設備陣容有助於擴大市場份額。來自中東、印度和東南亞的穩固需求導致國際業務板塊表現更強勁。儘管出現這些積極發展，由於估值倍數變化迅速，對該股票保持中立立場。
ESAb在更加艱難的市場環境中繼續提供強勁的運營表現和改善的利潤率。在波動的核心焊接需求領域內始終表現出色的執行力，該公司因此獲得了認可。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
