ESAB Corp
ESAB: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$64.00 | Hcksktw | Cgzvdwnm |
ESAB Earnings: Despite Macroeconomic Headwinds, We Are Encouraged by Above-Market Growth
Following narrow-moat-rated ESAB's second-quarter earnings release, we've raised our fair value estimate to $96 per share from $93, driven by our slightly more optimistic operating margin assumptions and time value of money, partially offset by reduced near-term revenue growth expectations.