StocksMedium•11 November 2026•
1 min read
ESAB Shares Drop to $85 as Eddyfi Acquisition Raises Leverage Concerns
Key Facts
1ESAB shares declined from $140 to $85, compressing earnings multiples to 15-16x.
2The $1.45B Eddyfi acquisition raised pro forma net debt to $2.18B and leverage to 3.3x EBITDA.
3The company cut full-year adjusted EPS guidance to a range of $5.40-$5.50.
ESAB shares declined from $140 to $85, compressing earnings multiples to a range of 15-16x. Seeking Alpha reported that the company cut its full-year adjusted EPS guidance to a range of $5.40-$5.50, despite an upward revision in its EBITDA projections.
The $1.45 billion acquisition of Eddyfi raised ESAB pro forma net debt to $2.18 billion, pushing leverage to 3.3x EBITDA. ESAB closed at $87.13 on November 10, 2026, after reaching a session low of $85.41.