Esab Corp Stock Price Prediction

ESAB Stock  USD 125.46  3.45  2.83%   
The relative strength index (RSI) of ESAB Corp's share price is above 70 at the present time suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling ESAB, making its price go up or down.

Oversold Vs Overbought

77

 
Oversold
 
Overbought
The successful prediction of ESAB Corp's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with ESAB Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting ESAB Corp's stock price prediction:
Quarterly Earnings Growth
0.179
EPS Estimate Next Quarter
1.22
EPS Estimate Current Year
4.953
EPS Estimate Next Year
5.4153
Wall Street Target Price
130.5556
Using ESAB Corp hype-based prediction, you can estimate the value of ESAB Corp from the perspective of ESAB Corp response to recently generated media hype and the effects of current headlines on its competitors.

ESAB Corp Hype to Price Pattern

Investor biases related to ESAB Corp's public news can be used to forecast risks associated with an investment in ESAB. The trend in average sentiment can be used to explain how an investor holding ESAB can time the market purely based on public headlines and social activities around ESAB Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of ESAB Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about ESAB Corp.
The fear of missing out, i.e., FOMO, can cause potential investors in ESAB Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying ESAB because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

ESAB Corp after-hype prediction price

    
  USD 125.07  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out ESAB Corp Basic Forecasting Models to cross-verify your projections.
For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.
Intrinsic
Valuation
LowRealHigh
109.03111.41138.01
Details
Naive
Forecast
LowNextHigh
108.71111.08113.46
Details
8 Analysts
Consensus
LowTargetHigh
75.1482.5791.65
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.231.241.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ESAB Corp. Your research has to be compared to or analyzed against ESAB Corp's peers to derive any actionable benefits. When done correctly, ESAB Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ESAB Corp.

ESAB Corp After-Hype Price Prediction Density Analysis

As far as predicting the price of ESAB Corp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ESAB Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of ESAB Corp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ESAB Corp Estimiated After-Hype Price Volatility

In the context of predicting ESAB Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ESAB Corp's historical news coverage. ESAB Corp's after-hype downside and upside margins for the prediction period are 122.69 and 127.45, respectively. We have considered ESAB Corp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
125.46
122.69
Downside
125.07
After-hype Price
127.45
Upside
ESAB Corp is very steady at this time. Analysis and calculation of next after-hype price of ESAB Corp is based on 3 months time horizon.

ESAB Corp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as ESAB Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ESAB Corp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ESAB Corp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.34 
2.39
  0.40 
  0.06 
9 Events / Month
6 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
125.46
125.07
0.31 
204.27  
Notes

ESAB Corp Hype Timeline

ESAB Corp is currently traded for 125.46. The entity has historical hype elasticity of -0.4, and average elasticity to hype of competition of 0.06. ESAB is forecasted to decline in value after the next headline, with the price expected to drop to 125.07. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.31%, whereas the daily expected return is currently at 0.34%. The volatility of related hype on ESAB Corp is about 1295.78%, with the expected price after the next announcement by competition of 125.52. About 95.0% of the company shares are held by institutions such as insurance companies. The book value of ESAB Corp was currently reported as 30.39. The company has Price/Earnings To Growth (PEG) ratio of 1.58. ESAB Corp last dividend was issued on the 27th of September 2024. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out ESAB Corp Basic Forecasting Models to cross-verify your projections.
For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.

ESAB Corp Related Hype Analysis

Having access to credible news sources related to ESAB Corp's direct competition is more important than ever and may enhance your ability to predict ESAB Corp's future price movements. Getting to know how ESAB Corp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ESAB Corp may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
NWPXNorthwest Pipe 3.34 9 per month 1.12  0.11  4.98 (1.99) 12.92 
HAYNHaynes International(0.08)10 per month 0.24 (0.19) 0.64 (0.43) 1.98 
MECMayville Engineering Co 0.38 7 per month 0.00 (0.08) 4.55 (2.95) 25.65 
RYIRyerson Holding Corp(0.32)8 per month 1.95  0.11  5.05 (3.34) 21.43 
ATIAllegheny Technologies Incorporated 0.03 9 per month 0.00 (0.09) 3.11 (3.73) 13.98 
WORWorthington Industries 2.15 11 per month 0.00 (0.11) 2.65 (4.76) 13.44 
IIINInsteel Industries(0.44)8 per month 0.00 (0.08) 3.60 (4.52) 11.16 
CRSCarpenter Technology(3.46)11 per month 2.16  0.12  4.47 (2.91) 13.31 
GIFIGulf Island Fabrication 0.06 7 per month 1.80  0.08  7.10 (3.56) 21.05 

ESAB Corp Additional Predictive Modules

Most predictive techniques to examine ESAB price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ESAB using various technical indicators. When you analyze ESAB charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ESAB Corp Predictive Indicators

The successful prediction of ESAB Corp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as ESAB Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of ESAB Corp based on analysis of ESAB Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ESAB Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ESAB Corp's related companies.
 2023 2024 (projected)
Dividend Yield0.0025570.001882
Price To Sales Ratio1.881.14

Story Coverage note for ESAB Corp

The number of cover stories for ESAB Corp depends on current market conditions and ESAB Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ESAB Corp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ESAB Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

ESAB Corp Short Properties

ESAB Corp's future price predictability will typically decrease when ESAB Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ESAB Corp often depends not only on the future outlook of the potential ESAB Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ESAB Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding60.7 M
Cash And Short Term Investments102 M

Complementary Tools for ESAB Stock analysis

When running ESAB Corp's price analysis, check to measure ESAB Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ESAB Corp is operating at the current time. Most of ESAB Corp's value examination focuses on studying past and present price action to predict the probability of ESAB Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESAB Corp's price. Additionally, you may evaluate how the addition of ESAB Corp to your portfolios can decrease your overall portfolio volatility.
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