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NASDAQ:LECO

Lincoln Electric (LECO) Stock Price, News & Analysis

$210.13
+9.73 (+4.86%)
(As of 07/16/2024 ET)
Today's Range
$201.97
$210.71
50-Day Range
$182.24
$238.07
52-Week Range
$164.00
$261.13
Volume
369,913 shs
Average Volume
359,209 shs
Market Capitalization
$11.96 billion
P/E Ratio
22.31
Dividend Yield
1.35%
Price Target
$225.29

Lincoln Electric MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
7.2% Upside
$225.29 Price Target
Short Interest
Bearish
2.76% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.14
Upright™ Environmental Score
News Sentiment
1.05mentions of Lincoln Electric in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.08%
From $9.04 to $9.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.86 out of 5 stars

Industrial Products Sector

66th out of 168 stocks

Metalworking Machinery & Equipment Industry

1st out of 4 stocks

LECO stock logo

About Lincoln Electric Stock (NASDAQ:LECO)

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. In addition, the company manufactures copper and aluminum headers, distributor assemblies, and manifolds for the heating, ventilation, and air conditioning sector in the United States and Mexico; provides specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products used in mining, steel, agricultural, and industrial mill applications; and designs and manufactures robotic assembly and arc welding systems that automate the tacking and welding of steel beams. Further, the company serves general fabrication, oil and gas, power generation, process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. The company was founded in 1895 and is headquartered in Cleveland, Ohio.

LECO Stock Price History

LECO Stock News Headlines

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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 7/15 Dividend
6/28/2024
Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Dividend Payable
7/15/2024
Today
7/17/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:LECO
CUSIP
53390010
Employees
12,000
Year Founded
1895

Price Target and Rating

Average Stock Price Target
$225.29
High Stock Price Target
$265.00
Low Stock Price Target
$170.00
Potential Upside/Downside
+7.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$545.25 million
Pretax Margin
16.69%

Debt

Sales & Book Value

Annual Sales
$4.19 billion
Cash Flow
$11.64 per share
Book Value
$22.88 per share

Miscellaneous

Free Float
55,411,000
Market Cap
$11.96 billion
Optionable
Optionable
Beta
1.15

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LECO Stock Analysis - Frequently Asked Questions

How have LECO shares performed this year?

Lincoln Electric's stock was trading at $217.46 on January 1st, 2024. Since then, LECO stock has decreased by 3.4% and is now trading at $210.13.
View the best growth stocks for 2024 here
.

How were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced its quarterly earnings results on Thursday, April, 25th. The industrial products company reported $2.23 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.08. Lincoln Electric's revenue for the quarter was down 5.6% compared to the same quarter last year.

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

113 employees have rated Lincoln Electric Chief Executive Officer Christopher L. Mapes on Glassdoor.com. Christopher L. Mapes has an approval rating of 68% among the company's employees.

Does Lincoln Electric have any subsidiaries?

Lincoln Electric subsidiaries include these companies: Overstreet-Hughes Company Inc. (“FTP”), Shoals Tubular Inc. (“Shoals”), Zeman Bauelemente, Askaynak, Baker Industries, Worthington, Invoatech Engineering, and more.

Who are Lincoln Electric's major shareholders?

Top institutional shareholders of Lincoln Electric include Sapient Capital LLC (0.15%), Massmutual Trust Co. FSB ADV (0.14%), Hudson Valley Investment Advisors Inc. ADV (0.05%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Christopher L Mapes, Steven B Hedlund, Kathryn Jo Lincoln, Gabriel Bruno, Jennifer I Ansberry, Michele R Kuhrt, Michael J Whitehead, Geoffrey P Allman, Peter M Pletcher and Gregory Doria.
View institutional ownership trends
.

How do I buy shares of Lincoln Electric?

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

What other stocks do shareholders of Lincoln Electric own?

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

This page (NASDAQ:LECO) was last updated on 7/17/2024 by MarketBeat.com Staff

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