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Roth MKM Keeps Their Buy Rating on ESAB Corporation (ESAB)

Tipranks - Tipranks - Fri Apr 17, 7:34AM CDT

In a report released today, Tom Hayes from Roth MKM reiterated a Buy rating on ESAB Corporation, with a price target of $142.00.

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Hayes covers the Industrials sector, focusing on stocks such as Lincoln Electric Holdings, Tennant Co, and ESAB Corporation. According to TipRanks, Hayes has an average return of 0.2% and a 41.94% success rate on recommended stocks.

Currently, the analyst consensus on ESAB Corporation is a Strong Buy with an average price target of $139.57.

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Based on ESAB Corporation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $720.99 million and a net profit of $37.67 million. In comparison, last year the company earned a revenue of $670.76 million and had a net profit of $53.74 million

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