ESAB Corp (ESAB)
ESAB Corporation is a leading global provider of innovative solutions for automated cutting, joining, welding, and gas control equipment. Headquartered in Wilmington, Delaware, ESAB leverages advanced technology to deliver high-performance consumable products and systems that enhance efficiency and productivity in various industrial applications. With a commitment to quality and customer satisfaction, ESAB serves a diverse range of markets, positioning itself as a key player in the welding and cutting industry. The company is dedicated to sustainability and continuous innovation, ensuring it meets the evolving demands of its global clientele.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 7.50% per annum.
- ESAB price at the close of February 13, 2026 was $134.82 and was higher than the top border of the primary price channel by $10.02 (8.03%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 113.95% per annum.
- ESAB price at the close of February 13, 2026 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of ESAB price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: October 29, 2024
End date: February 3, 2026
a = 5.0351
b = -0.0002
s = 0.0472
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -7.50%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0472) – 1
= 20.80%
October 29, 2024 calculations
Top border of price channel:
Exp(Y650)
= Exp(a + b × X650 + 2 × s)
= Exp(a + b × 945 + 2 × s)
= Exp(5.0351 + -0.0002 × 945 + 2 × 0.0472)
= Exp(4.9276)
= $138.05
Bottom border of price channel:
Exp(Y650)
= Exp(a + b × X650 – 2 × s)
= Exp(a + b × 945 – 2 × s)
= Exp(5.0351 + -0.0002 × 945 – 2 × 0.0472)
= Exp(4.7386)
= $114.28
February 3, 2026 calculations
Top border of price channel:
Exp(Y965)
= Exp(a + b × X965 + 2 × s)
= Exp(a + b × 1,407 + 2 × s)
= Exp(5.0351 + -0.0002 × 1,407 + 2 × 0.0472)
= Exp(4.8289)
= $125.07
Bottom border of price channel:
Exp(Y965)
= Exp(a + b × X965 – 2 × s)
= Exp(a + b × 1,407 – 2 × s)
= Exp(5.0351 + -0.0002 × 1,407 – 2 × 0.0472)
= Exp(4.6399)
= $103.53
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 7.50% per annum.
- ESAB price at the close of February 13, 2026 was $134.82 and was higher than the top border of the primary price channel by $10.02 (8.03%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 17, 2025
End date: February 13, 2026
a = 1.8965
b = 0.0021
s = 0.0307
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0021) – 1
= 113.95%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0307) – 1
= 13.05%
November 17, 2025 calculations
Top border of price channel:
Exp(Y913)
= Exp(a + b × X913 + 2 × s)
= Exp(a + b × 1,329 + 2 × s)
= Exp(1.8965 + 0.0021 × 1,329 + 2 × 0.0307)
= Exp(4.7271)
= $112.97
Bottom border of price channel:
Exp(Y913)
= Exp(a + b × X913 – 2 × s)
= Exp(a + b × 1,329 – 2 × s)
= Exp(1.8965 + 0.0021 × 1,329 – 2 × 0.0307)
= Exp(4.6044)
= $99.93
February 13, 2026 calculations
Top border of price channel:
Exp(Y973)
= Exp(a + b × X973 + 2 × s)
= Exp(a + b × 1,417 + 2 × s)
= Exp(1.8965 + 0.0021 × 1,417 + 2 × 0.0307)
= Exp(4.9105)
= $135.71
Bottom border of price channel:
Exp(Y973)
= Exp(a + b × X973 – 2 × s)
= Exp(a + b × 1,417 – 2 × s)
= Exp(1.8965 + 0.0021 × 1,417 – 2 × 0.0307)
= Exp(4.7878)
= $120.04
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 113.95% per annum.
- ESAB price at the close of February 13, 2026 was inside the secondary price channel.