LECO vs. SPXC, FLOW, PFIN, IR, XYL, DOV, IEX, SNA, GGG, and PNR
Should you be buying Lincoln Electric stock or one of its competitors? The main competitors of Lincoln Electric include SPX Technologies (SPXC), SPX FLOW (FLOW), P&F Industries (PFIN), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), IDEX (IEX), Snap-on (SNA), Graco (GGG), and Pentair (PNR).
SPX Technologies (NYSE:SPXC) and Lincoln Electric (NASDAQ:LECO) are both business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, earnings, valuation, risk, community ranking, profitability and dividends.
SPX Technologies currently has a consensus target price of $141.00, suggesting a potential upside of 6.25%. Lincoln Electric has a consensus target price of $225.29, suggesting a potential upside of 20.22%. Given SPX Technologies' higher possible upside, analysts clearly believe Lincoln Electric is more favorable than SPX Technologies.
SPX Technologies has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, Lincoln Electric has a beta of 1.17, suggesting that its stock price is 17% more volatile than the S&P 500.
Lincoln Electric has a net margin of 13.23% compared to Lincoln Electric's net margin of 5.32%. SPX Technologies' return on equity of 43.81% beat Lincoln Electric's return on equity.
Lincoln Electric has higher revenue and earnings than SPX Technologies. Lincoln Electric is trading at a lower price-to-earnings ratio than SPX Technologies, indicating that it is currently the more affordable of the two stocks.
92.8% of SPX Technologies shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 3.5% of SPX Technologies shares are owned by insiders. Comparatively, 2.6% of Lincoln Electric shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
SPX Technologies received 4 more outperform votes than Lincoln Electric when rated by MarketBeat users. However, 59.68% of users gave Lincoln Electric an outperform vote while only 59.25% of users gave SPX Technologies an outperform vote.
In the previous week, Lincoln Electric had 8 more articles in the media than SPX Technologies. MarketBeat recorded 11 mentions for Lincoln Electric and 3 mentions for SPX Technologies. Lincoln Electric's average media sentiment score of 1.76 beat SPX Technologies' score of 0.03 indicating that SPX Technologies is being referred to more favorably in the media.
Summary
Lincoln Electric beats SPX Technologies on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding LECO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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