ESAB Corporation is upgraded to a buy, citing Q3 2025's positive organic growth, automation rebound, and raised FY 2025 guidance. ESAB's Americas segment stabilized, EMEA & APAC grew, and EWM integration offers high-margin opportunities, supporting revenue growth and margin expansion. Temporary margin pressure from tariffs and EWM dilution is expected to normalize, with manufacturing relocation...
ESAB Corporation ( ESAB ) Q3 2025 Earnings Call October 29, 2025 8:00 AM EDT Company Participants Mark Barbalato - Vice President of Investor Relations Shyam Kambeyanda - President, CEO & Director Kevin Johnson - Executive VP & CFO Conference Call Participants Bryan Blair - Oppenheimer & Co. Inc., Research Division Tami Zakaria - JPMorgan Chase & Co, Research Division Mircea Dobre - Robert W. B...
I maintain a hold rating on ESAB due to balanced near-term risk/reward and persistent headwinds in the Americas, especially Mexico. While ESAB's compounder strategy and recent acquisitions support a strong long-term growth outlook, near-term uncertainty remains high. Americas segment weakness, driven by tariffs and delayed Mexican orders, overshadows positive EMEA & APAC performance and record ...
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