B
Buy
5/3/2024Upgraded
ESAB Corporation (ESAB) was upgraded to B- from C+ on 5/3/2024 due to an increase in the volatility index, efficiency index and solvency index. Net income increased 19.33% from $50.24M to $59.95M, debt to equity declined from 0.65 to 0.62, and the quick ratio increased from 0.79 to 0.8.
C
Hold
8/1/2023Upgraded
ESAB Corporation (ESAB) was upgraded to C+ from C on 8/1/2023 due to a significant increase in the growth index, total return index and efficiency index. Net income increased 105.54% from $31.9M to $65.57M, earnings per share increased from $0.5249 to $1.0732, and operating cash flow increased 64.59% from $38.07M to $62.65M.
C
Hold
1/4/2023Upgraded
ESAB Corporation (ESAB) was upgraded to C from D+ on 1/4/2023 due to an increase in the volatility index and total return index.
D
Sell
12/20/2022Downgrade
ESAB Corporation (ESAB) was downgraded to D+ from C- on 12/20/2022 due to a decline in the volatility index and valuation index.
C
Hold
12/1/2022Upgraded
ESAB Corporation (ESAB) was upgraded to C- from D+ on 12/1/2022 due to a noticeable increase in the solvency index, efficiency index and volatility index. Debt to equity declined from 0.97 to 0.95, and the quick ratio increased from 0.68 to 0.69.
D
Sell
10/3/2022Upgraded
ESAB Corporation (ESAB) was upgraded to D+ from D on 10/3/2022 due to an increase in the valuation index, volatility index and dividend index.
D
Sell
9/16/2022Downgrade
ESAB Corporation (ESAB) was downgraded to D from D+ on 9/16/2022 due to a decline in the volatility index, total return index and solvency index.
D
Sell
8/10/2022None
ESAB Corporation (ESAB) was downgraded to D+ from U on 08/10/2022.
