Latest news with #ESAB
Yahoo
27-05-2025
- Business
- Yahoo
Nordson (NDSN) To Report Earnings Tomorrow: Here Is What To Expect
Manufacturing company Nordson (NASDAQ:NDSN) will be announcing earnings results tomorrow after market hours. Here's what investors should know. Nordson missed analysts' revenue expectations by 3.5% last quarter, reporting revenues of $615.4 million, down 2.8% year on year. It was a softer quarter for the company, with a significant miss of analysts' organic revenue estimates and a miss of analysts' EBITDA estimates. Is Nordson a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Nordson's revenue to grow 3.9% year on year to $675.7 million, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $2.36 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Nordson has missed Wall Street's revenue estimates four times over the last two years. Looking at Nordson's peers in the professional tools and equipment segment, some have already reported their Q1 results, giving us a hint as to what we can expect. ESAB's revenues decreased 1.7% year on year, beating analysts' expectations by 2.2%, and Kennametal reported a revenue decline of 5.7%, in line with consensus estimates. ESAB traded up 3.1% following the results while Kennametal was also up 4.7%. Read our full analysis of ESAB's results here and Kennametal's results here. There has been positive sentiment among investors in the professional tools and equipment segment, with share prices up 7.9% on average over the last month. Nordson is up 1.9% during the same time and is heading into earnings with an average analyst price target of $243.29 (compared to the current share price of $192.26). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Professional Tools and Equipment Stocks Q1 Recap: Benchmarking Hyster-Yale Materials Handling (NYSE:HY)
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at professional tools and equipment stocks, starting with Hyster-Yale Materials Handling (NYSE:HY). Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 9 professional tools and equipment stocks we track reported a slower Q1. As a group, revenues missed analysts' consensus estimates by 0.8%. In light of this news, share prices of the companies have held steady as they are up 2.9% on average since the latest earnings results. Playing a significant role in the development of the hydraulic lift truck, Hyster-Yale (NYSE:HY) designs, manufactures, and sells materials handling equipment to various sectors. Hyster-Yale Materials Handling reported revenues of $910.4 million, down 13.8% year on year. This print fell short of analysts' expectations by 3.9%. Overall, it was a disappointing quarter for the company with a miss of analysts' EBITDA and EPS estimates. Hyster-Yale Materials Handling delivered the slowest revenue growth of the whole group. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $40.57. Read our full report on Hyster-Yale Materials Handling here, it's free. Having played a significant role in the construction of the iconic Sydney Opera House, ESAB (NYSE:ESAB) manufactures and sells welding and cutting equipment for numerous industries. ESAB reported revenues of $678.1 million, down 1.7% year on year, outperforming analysts' expectations by 2.2%. The business had a very strong quarter with an impressive beat of analysts' EBITDA estimates. The market seems content with the results as the stock is up 4.5% since reporting. It currently trades at $125.56. Is now the time to buy ESAB? Access our full analysis of the earnings results here, it's free. Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Snap-on reported revenues of $1.24 billion, down 3% year on year, falling short of analysts' expectations by 4.1%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. Snap-on delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 3% since the results and currently trades at $322.12. Read our full analysis of Snap-on's results here. Headquartered in Ohio, Lincoln Electric (NASDAQ:LECO) manufactures and sells welding equipment for various industries. Lincoln Electric reported revenues of $1.00 billion, up 2.4% year on year. This number topped analysts' expectations by 2.9%. More broadly, it was a mixed quarter as it also recorded a narrow beat of analysts' organic revenue estimates but a miss of analysts' EPS estimates. Lincoln Electric achieved the biggest analyst estimates beat among its peers. The stock is up 5.7% since reporting and currently trades at $194.37. Read our full, actionable report on Lincoln Electric here, it's free. Established when Max Hillman purchased a franchise operation, Hillman (NASDAQ:HLMN) designs, manufactures, and sells industrial equipment and systems for various sectors. Hillman reported revenues of $359.3 million, up 2.6% year on year. This result missed analysts' expectations by 0.5%. In spite of that, it was a strong quarter as it logged a solid beat of analysts' adjusted operating income estimates. Hillman delivered the fastest revenue growth but had the weakest full-year guidance update among its peers. The stock is flat since reporting and currently trades at $7.51. Read our full, actionable report on Hillman here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
21-05-2025
- Business
- Yahoo
Reflecting On Professional Tools and Equipment Stocks' Q1 Earnings: Middleby (NASDAQ:MIDD)
Let's dig into the relative performance of Middleby (NASDAQ:MIDD) and its peers as we unravel the now-completed Q1 professional tools and equipment earnings season. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 9 professional tools and equipment stocks we track reported a slower Q1. As a group, revenues missed analysts' consensus estimates by 0.8%. Thankfully, share prices of the companies have been resilient as they are up 6.8% on average since the latest earnings results. Holding a Guinness World Record for creating the world's fastest conveyor pizza oven, Middleby (NYSE:MIDD) is a food service and equipment manufacturer. Middleby reported revenues of $906.6 million, down 2.2% year on year. This print fell short of analysts' expectations by 3.7%. Overall, it was a softer quarter for the company with a significant miss of analysts' organic revenue and EBITDA estimates. 'Middleby has a demonstrated track record of operational excellence, strong cash flow generation and disciplined capital investments, which provides the foundation for our attractive capital allocation framework," said Tim FitzGerald, CEO of The Middleby Corporation. Interestingly, the stock is up 9.8% since reporting and currently trades at $148.70. Read our full report on Middleby here, it's free. Having played a significant role in the construction of the iconic Sydney Opera House, ESAB (NYSE:ESAB) manufactures and sells welding and cutting equipment for numerous industries. ESAB reported revenues of $678.1 million, down 1.7% year on year, outperforming analysts' expectations by 2.2%. The business had a very strong quarter with an impressive beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 7.3% since reporting. It currently trades at $128.90. Is now the time to buy ESAB? Access our full analysis of the earnings results here, it's free. Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Snap-on reported revenues of $1.24 billion, down 3% year on year, falling short of analysts' expectations by 4.1%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. Snap-on delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 1.6% since the results and currently trades at $326.73. Read our full analysis of Snap-on's results here. With an iconic 'STANLEY' logo which has remained virtually unchanged for over a century, Stanley Black & Decker (NYSE:SWK) is a manufacturer primarily catering to the tool and outdoor equipment industry. Stanley Black & Decker reported revenues of $3.74 billion, down 3.2% year on year. This print beat analysts' expectations by 1.7%. Aside from that, it was a satisfactory quarter as it also recorded an impressive beat of analysts' EPS estimates but a miss of analysts' adjusted operating income estimates. The stock is up 15.8% since reporting and currently trades at $70.85. Read our full, actionable report on Stanley Black & Decker here, it's free. Headquartered in Ohio, Lincoln Electric (NASDAQ:LECO) manufactures and sells welding equipment for various industries. Lincoln Electric reported revenues of $1.00 billion, up 2.4% year on year. This number topped analysts' expectations by 2.9%. Zooming out, it was a mixed quarter as it also logged a narrow beat of analysts' organic revenue estimates but a miss of analysts' EPS estimates. Lincoln Electric achieved the biggest analyst estimates beat among its peers. The stock is up 8.2% since reporting and currently trades at $199.02. Read our full, actionable report on Lincoln Electric here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
15-05-2025
- Business
- Yahoo
ESAB Q1 Earnings Call: Outperformance Driven by Equipment Mix and Gas Control Momentum
Welding and cutting equipment manufacturer ESAB (NYSE:ESAB) announced better-than-expected revenue in Q1 CY2025, but sales fell by 1.7% year on year to $678.1 million. Its non-GAAP profit of $1.31 per share was 8.6% above analysts' consensus estimates. Is now the time to buy ESAB? Find out in our full research report (it's free). Revenue: $678.1 million vs analyst estimates of $663.7 million (1.7% year-on-year decline, 2.2% beat) Adjusted EPS: $1.31 vs analyst estimates of $1.21 (8.6% beat) Adjusted EBITDA: $133.9 million vs analyst estimates of $120.9 million (19.7% margin, 10.7% beat) Management reiterated its full-year Adjusted EPS guidance of $5.18 at the midpoint EBITDA guidance for the full year is $525 million at the midpoint, above analyst estimates of $520.4 million Operating Margin: 16.2%, in line with the same quarter last year Free Cash Flow Margin: 4.1%, down from 5.4% in the same quarter last year Organic Revenue was flat year on year (2.2% in the same quarter last year) Market Capitalization: $7.85 billion ESAB's first quarter results were shaped by a resilient product mix and regional shifts, as management highlighted growth in its equipment and gas control businesses despite a challenging economic backdrop. CEO Shyam Kambeyanda emphasized that the company's local manufacturing footprint and ongoing innovation initiatives helped offset market softness in the Americas, while demand in Europe, India, and the Middle East remained robust. The completion of the Bavaria acquisition and the ramp-up of new product launches supported margin stability, while proactive actions addressing tariff impacts were cited as effective. Looking ahead, management reiterated its full-year profit guidance, pointing to continued investments in innovation, digital capabilities, and targeted acquisitions as key drivers. CFO Kevin Johnson noted that tariff exposure is concentrated in North America but is being managed through price adjustments and supply chain flexibility. Kambeyanda also cited optimism around European stimulus and emphasized that ESAB's evolving product mix—particularly the expansion of gas control—will be a major contributor to future margin and revenue growth. A combination of disciplined execution and strategic portfolio shifts shaped ESAB's Q1 performance, according to management. The company's focus on differentiated equipment, gas control, and regional agility helped explain both the outperformance versus Wall Street estimates and the overall resilience despite macroeconomic headwinds. Equipment and Gas Control Growth: ESAB's global welding equipment and gas control businesses both delivered mid-single-digit growth, credited to recent product launches and channel acceptance. Management stated these segments are increasingly central to the company's long-term strategy. Tariff Mitigation Efforts: Management cited the 'in region for region' manufacturing approach as critical for minimizing tariff impacts. With 80% of products manufactured locally, ESAB's exposure is largely contained to North America, where price adjustments have been implemented to offset estimated tariff costs. Acquisition of Bavaria: The completed Bavaria acquisition expands ESAB's proprietary consumables portfolio, especially in Europe. Management expects this to open new market opportunities in sectors such as energy, infrastructure, and defense, while also contributing to future margin expansion through synergy capture. Regional Divergence: While the Americas saw volume softness and a 'wait-and-see' approach from customers due to tariff uncertainty, Europe, India, and the Middle East demonstrated optimism and stronger order activity. Management noted early signs of growth in China as well. EBX Framework and Margin Expansion: The EBX operational framework—which includes supply chain improvements, pricing discipline, and product mix shifts—was highlighted as a key driver of the 100-basis-point adjusted EBITDA margin expansion. Management also referenced ongoing investment in growth initiatives, including AI partnerships and university collaborations, as part of its long-term value creation strategy. ESAB's management anticipates that product mix evolution, regional market trends, and continued operational discipline will shape performance for the remainder of the year. Expansion of Gas Control Segment: Management aims to increase gas control to 25% of total revenue by 2028, citing its higher gross margins and growth potential in medical and specialty gas markets. This shift is expected to support margin improvements. Strategic Acquisitions and Integration: The recently closed Bavaria deal and planned gas control tuck-in acquisitions are expected to accelerate growth, particularly in Europe. Management believes successful integration and synergy realization could drive both top-line and margin gains. Managing Tariff and Regional Headwinds: Ongoing price adjustments in North America are designed to offset tariff-related costs, but management notes that volume softness in the region remains a risk. Conversely, stimulus measures and infrastructure investment in Europe present upside opportunities. Bryan Blair (Oppenheimer): Asked about the magnitude and mitigation of tariff headwinds, management detailed that North American impact is estimated at $15–20 million and is being offset by price increases and regional supply chain adjustments. Bryan Blair (Oppenheimer): Inquired about the momentum and outlook for gas control equipment, with CEO Kambeyanda highlighting strong growth, accretive margins, and upcoming acquisitions that are expected to further boost the segment. Saree Boroditsky (Jefferies): Sought clarification on the balance between price and volume within guidance; CFO Johnson explained that price gains in North America are offsetting lower volumes, while EMEA and APAC pricing remains flat. Mig Dobre (Baird): Questioned the progression of margins in the Americas given new tariff dynamics, with management noting margin expansion is driven by a combination of pricing, EBX initiatives, and product mix, but the year may not follow previous margin build patterns. Nathan Jones (Stifel): Asked about the timing and impact of European stimulus and the integration of Bavaria, with management anticipating positive effects starting in the second half of the year and highlighting the acquisition's strategic fit and synergy opportunities. In the coming quarters, the StockStory team will monitor (1) the integration and performance of the Bavaria acquisition and potential additional tuck-in deals, (2) the trajectory of gas control segment growth and margin contribution, and (3) signs of recovery or continued softness in North American volumes as tariff uncertainty is resolved. Progress on innovation initiatives and the impact of European stimulus programs will also be important to track. ESAB currently trades at a forward P/E ratio of 23.9×. At this valuation, is it a buy or sell post earnings? Find out in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
Business Wire
08-05-2025
- Business
- Business Wire
ESAB Corporation Board Declares Increased Dividend
NORTH BETHESDA, Md.--(BUSINESS WIRE)--ESAB Corporation ('ESAB' or the 'Company') (NYSE: ESAB), a focused premier industrial compounder, announced today that its Board of Directors has declared an increased quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend is payable on July 18, 2025 to shareholders of record as of July 3, 2025. 'We are pleased to announce a 25% increase in our quarterly dividend,' stated Shyam P. Kambeyanda, President and CEO of ESAB Corporation. 'The increase represents our third consecutive annual increase during our first three years as an independent public company and underscores our ongoing commitment to delivering value to our stockholders.' About ESAB Corporation Founded in 1904, ESAB Corporation (NYSE: ESAB) is a focused premier industrial compounder. The Company's rich history of innovative products, workflow solutions and business system ESAB Business Excellence, enables its purpose of Shaping the world we imagine TM. ESAB Corporation is based in North Bethesda, Maryland and employs approximately 9,300 associates and serves customers in approximately 150 countries. To learn more, visit
