Lincoln Electric (LECO) Projected to Post Earnings on Wednesday

Lincoln Electric (NASDAQ:LECO - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $2.21 per share and revenue of $974.39 million for the quarter.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The industrial products company reported $2.57 earnings per share for the quarter, beating analysts' consensus estimates of $2.03 by $0.54. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $995.94 million. Lincoln Electric had a return on equity of 40.19% and a net margin of 11.63%. On average, analysts expect Lincoln Electric to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Lincoln Electric Stock Performance

Shares of LECO stock traded down $1.55 during trading hours on Monday, reaching $184.21. 382,101 shares of the company's stock were exchanged, compared to its average volume of 326,825. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.87 and a quick ratio of 1.25. Lincoln Electric has a 1 year low of $161.11 and a 1 year high of $238.47. The company has a market cap of $10.32 billion, a P/E ratio of 22.60, a price-to-earnings-growth ratio of 1.51 and a beta of 1.18. The company's 50 day moving average is $189.55 and its two-hundred day moving average is $196.44.

Lincoln Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend is Monday, June 30th. Lincoln Electric's payout ratio is 36.81%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. StockNews.com upgraded Lincoln Electric from a "hold" rating to a "buy" rating in a research report on Friday. Barclays upped their target price on Lincoln Electric from $220.00 to $235.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. KeyCorp upped their target price on Lincoln Electric from $230.00 to $245.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Morgan Stanley lowered their target price on Lincoln Electric from $187.00 to $179.00 and set an "underweight" rating on the stock in a report on Wednesday, April 16th. Finally, Stifel Nicolaus lowered their target price on Lincoln Electric from $220.00 to $178.00 and set a "hold" rating on the stock in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Lincoln Electric presently has an average rating of "Moderate Buy" and a consensus target price of $219.00.

Insider Activity at Lincoln Electric

In related news, CEO Steven B. Hedlund sold 21,054 shares of the stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $215.47, for a total transaction of $4,536,505.38. Following the sale, the chief executive officer now owns 54,660 shares of the company's stock, valued at $11,777,590.20. This trade represents a 27.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.63% of the company's stock.

About Lincoln Electric

Lincoln Electric Holdings, Inc, through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States.