Zacks Research Has Positive Estimate for LECO Q1 Earnings

Key Points

• Zacks Research raised its Q1 2027 EPS forecast for Lincoln Electric to $2.73, up from $2.66, while projecting full-year 2027 and 2028 EPS of $12.08 and $12.90, respectively.
• Lincoln Electric recently exceeded quarterly expectations, reporting $2.93 EPS versus the $2.81 consensus and revenue of $1.22 billion, up 12% year over year.
• Analyst sentiment is favorable, with a MarketBeat consensus rating of “Moderate Buy” and an average price target of $307.22; the company also declared a quarterly dividend of $0.79 per share.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Equities research analysts at Zacks Research lifted their Q1 2027 earnings per share (EPS) estimates for Lincoln Electric in a report released on Wednesday, September 2nd. Zacks Research analyst Team now forecasts that the industrial products company will earn $2.73 per share for the quarter, up from their prior forecast of $2.66. The consensus estimate for Lincoln Electric's current full-year earnings is $11.13 per share. Zacks Research also issued estimates for Lincoln Electric's Q2 2027 earnings at $3.27 EPS, Q4 2027 earnings at $3.06 EPS, FY2027 earnings at $12.08 EPS, Q1 2028 earnings at $2.95 EPS, Q2 2028 earnings at $3.43 EPS and FY2028 earnings at $12.90 EPS.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.81 by $0.12. The firm had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.17 billion. Lincoln Electric had a return on equity of 39.23% and a net margin of 12.35%.The company's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.60 EPS.

Other equities analysts have also issued research reports about the stock. Weiss Ratings raised shares of Lincoln Electric from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 10th. Morgan Stanley raised Lincoln Electric from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $257.00 to $283.00 in a research note on Monday, August 10th. DA Davidson assumed coverage on Lincoln Electric in a research note on Tuesday, June 16th. They issued a "buy" rating and a $320.00 target price for the company. UBS Group started coverage on Lincoln Electric in a report on Monday, August 10th. They set a "buy" rating and a $340.00 target price for the company. Finally, Wall Street Zen raised Lincoln Electric from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, Lincoln Electric has a consensus rating of "Moderate Buy" and a consensus target price of $307.22.

Lincoln Electric Stock Performance

NASDAQ:LECO opened at $272.59 on Thursday. The company has a market capitalization of $14.86 billion, a price-to-earnings ratio of 27.23, a PEG ratio of 1.61 and a beta of 1.21. The business has a 50 day moving average of $267.57 and a 200 day moving average of $265.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.98 and a quick ratio of 1.20. Lincoln Electric has a 1-year low of $216.22 and a 1-year high of $310.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LECO. Transamerica Financial Advisors LLC purchased a new stake in Lincoln Electric during the second quarter valued at $26,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Lincoln Electric during the 2nd quarter worth $29,000. Elyxium Wealth LLC bought a new stake in shares of Lincoln Electric during the 4th quarter valued at $27,000. Summit Securities Group LLC bought a new position in Lincoln Electric in the 4th quarter worth $46,000. Finally, State of Wyoming bought a new stake in Lincoln Electric during the 2nd quarter worth approximately $69,000. Institutional investors own 79.61% of the company's stock.

Insiders Place Their Bets

In other Lincoln Electric news, EVP Michael J. Whitehead sold 845 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $274.81, for a total transaction of $232,214.45. Following the sale, the executive vice president directly owned 9,319 shares in the company, valued at approximately $2,560,954.39. This trade represents a 8.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.68% of the stock is currently owned by insiders.

Lincoln Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.79 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $3.16 annualized dividend and a dividend yield of 1.2%. Lincoln Electric's dividend payout ratio (DPR) is 31.57%.

About Lincoln Electric

Lincoln Electric Holdings, Inc NASDAQ: LECO is a global manufacturer and distributor of welding products, robotic welding systems, plasma and oxyfuel cutting equipment, and surface treatment systems. The company's portfolio encompasses welding consumables such as electrodes and wires, as well as power sources, torches, and automated welding cells. Lincoln Electric also offers software solutions and training services designed to optimize productivity and quality in fabrication and manufacturing operations.

Founded in 1895 by John C.

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