NASDAQ:LECO

Lincoln Electric Stock Forecast, Price & News

$128.89
+0.36 (+0.28 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$128.03
$129.58
50-Day Range
$120.23
$134.90
52-Week Range
$78.96
$136.04
Volume119,119 shs
Average Volume226,592 shs
Market Capitalization$7.67 billion
P/E Ratio34.55
Dividend Yield1.59%
Beta1.17
30 days | 90 days | 365 days | Advanced Chart
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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 welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Lincoln Electric Holdings, Inc. serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. The company sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.

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MarketRank

Overall MarketRank

1.90 out of 5 stars

Industrial Products Sector

59th out of 406 stocks

Metalworking Machinery & Equipment Industry

1st out of 9 stocks

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Lincoln Electric (NASDAQ:LECO) Frequently Asked Questions

Is Lincoln Electric a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Lincoln Electric stock.
View analyst ratings for Lincoln Electric
or view top-rated stocks.

What stocks does MarketBeat like better than Lincoln Electric?

Wall Street analysts have given Lincoln Electric a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lincoln Electric wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Lincoln Electric's next earnings date?

Lincoln Electric is scheduled to release its next quarterly earnings announcement on Monday, July 26th 2021.
View our earnings forecast for Lincoln Electric
.

How were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced its earnings results on Tuesday, April, 27th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.19. The industrial products company had revenue of $757.02 million for the quarter, compared to analysts' expectations of $727.87 million. Lincoln Electric had a net margin of 8.29% and a trailing twelve-month return on equity of 36.67%. Lincoln Electric's quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the company earned $1.00 EPS.
View Lincoln Electric's earnings history
.

How has Lincoln Electric's stock been impacted by Coronavirus (COVID-19)?

Lincoln Electric's stock was trading at $71.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LECO stock has increased by 79.3% and is now trading at $128.89.
View which stocks have been most impacted by COVID-19
.

How often does Lincoln Electric pay dividends? What is the dividend yield for Lincoln Electric?

Lincoln Electric declared a quarterly dividend on Wednesday, April 21st. Shareholders of record on Wednesday, June 30th will be given a dividend of $0.51 per share on Thursday, July 15th. This represents a $2.04 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Tuesday, June 29th.
View Lincoln Electric's dividend history
.

Is Lincoln Electric a good dividend stock?

Lincoln Electric pays an annual dividend of $2.04 per share and currently has a dividend yield of 1.59%. Lincoln Electric does not yet have a strong track record of dividend growth. The dividend payout ratio of Lincoln Electric is 49.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lincoln Electric will have a dividend payout ratio of 32.33% next year. This indicates that Lincoln Electric will be able to sustain or increase its dividend.
View Lincoln Electric's dividend history.

What price target have analysts set for LECO?

8 brokers have issued 12 month price targets for Lincoln Electric's shares. Their forecasts range from $102.00 to $140.00. On average, they anticipate Lincoln Electric's share price to reach $123.33 in the next year. This suggests that the stock has a possible downside of 4.3%.
View analysts' price targets for Lincoln Electric
or view top-rated stocks among Wall Street analysts.

Who are Lincoln Electric's key executives?

Lincoln Electric's management team includes the following people:
  • Mr. Christopher L. Mapes, Chairman, Pres & CEO (Age 59, Pay $3.06M) (LinkedIn Profile)
  • Mr. Gabriel Bruno, Exec. VP, CFO & Treasurer (Age 53, Pay $878.16k)
  • Ms. Jennifer I. Ansberry, Exec. VP, Gen. Counsel & Sec. (Age 47, Pay $920.41k) (LinkedIn Profile)
  • Ms. Michele R. Kuhrt, Exec. VP & Chief HR Officer (Age 54, Pay $842.7k) (LinkedIn Profile)
  • Mr. Steven B. Hedlund, Exec. VP and Pres of the Americas & International Welding (Age 54, Pay $1.5M) (LinkedIn Profile)
  • Ms. Amanda H. Butler, VP of Investor Relations & Communications
  • Mr. Michael J. Whitehead, Sr. VP and Pres of Global Automation, Cutting & Additive Bus.es (Age 47) (LinkedIn Profile)
  • Mr. Thomas A. Flohn, Sr. VP & Pres of International Welding (Age 60) (LinkedIn Profile)
  • Mr. Michael S. Mintun, Sr. VP of Sales North America (Age 58) (LinkedIn Profile)
  • Mr. Douglas S. Lance, Sr. VP & Pres of North America – Americas Welding (Age 53) (LinkedIn Profile)

What is Christopher L. Mapes' approval rating as Lincoln Electric's CEO?

113 employees have rated Lincoln Electric CEO Christopher L. Mapes on Glassdoor.com. Christopher L. Mapes has an approval rating of 68% among Lincoln Electric's employees.

Who are some of Lincoln Electric's key competitors?

What other stocks do shareholders of Lincoln Electric own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lincoln Electric investors own include Energy Transfer (ET), The Boeing (BA), NVIDIA (NVDA), Activision Blizzard (ATVI), Gilead Sciences (GILD), Intel (INTC), The Procter & Gamble (PG), QUALCOMM (QCOM), Skyworks Solutions (SWKS) and AT&T (T).

What is Lincoln Electric's stock symbol?

Lincoln Electric trades on the NASDAQ under the ticker symbol "LECO."

Who are Lincoln Electric's major shareholders?

Lincoln Electric's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.40%), JPMorgan Chase & Co. (6.59%), Keybank National Association OH (2.34%), William Blair Investment Management LLC (2.09%), Victory Capital Management Inc. (2.00%) and Principal Financial Group Inc. (1.78%). Company insiders that own Lincoln Electric stock include Christopher L Mapes, Douglas S Lance, Gabriel Bruno, Geoffrey P Allman, George D Blankenship, Jennifer I Ansberry, Michael J Whitehead, Michael Mintun, Michele R Kuhrt, Steven B Hedlund, Thomas A Flohn and Vincent K Petrella.
View institutional ownership trends for Lincoln Electric
.

Which major investors are selling Lincoln Electric stock?

LECO stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Arrowstreet Capital Limited Partnership, Principal Financial Group Inc., Man Group plc, Stratos Wealth Advisors LLC, Prudential Financial Inc., Thrivent Financial for Lutherans, and Royce & Associates LP. Company insiders that have sold Lincoln Electric company stock in the last year include Douglas S Lance, Geoffrey P Allman, Jennifer I Ansberry, Michael J Whitehead, Michele R Kuhrt, Steven B Hedlund, and Thomas A Flohn.
View insider buying and selling activity for Lincoln Electric
or view top insider-selling stocks.

Which major investors are buying Lincoln Electric stock?

LECO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Intrinsic Edge Capital Management LLC, Millennium Management LLC, Jacobson & Schmitt Advisors LLC, Mirae Asset Global Investments Co. Ltd., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, and Nicholas Company Inc..
View insider buying and selling activity for Lincoln Electric
or or view top insider-buying stocks.

How do I buy shares of Lincoln Electric?

Shares of LECO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Lincoln Electric's stock price today?

One share of LECO stock can currently be purchased for approximately $128.89.

How much money does Lincoln Electric make?

Lincoln Electric has a market capitalization of $7.67 billion and generates $2.66 billion in revenue each year. The industrial products company earns $206.12 million in net income (profit) each year or $4.15 on an earnings per share basis.

How many employees does Lincoln Electric have?

Lincoln Electric employs 11,000 workers across the globe.

When was Lincoln Electric founded?

Lincoln Electric was founded in 1895.

What is Lincoln Electric's official website?

The official website for Lincoln Electric is www.lincolnelectric.com.

Where are Lincoln Electric's headquarters?

Lincoln Electric is headquartered at 22801 ST CLAIR AVE, CLEVELAND OH, 44117.

How can I contact Lincoln Electric?

Lincoln Electric's mailing address is 22801 ST CLAIR AVE, CLEVELAND OH, 44117. The industrial products company can be reached via phone at 216-481-8100 or via email at [email protected]


This page was last updated on 6/12/2021 by MarketBeat.com Staff
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