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S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
NASDAQ:LECO

Lincoln Electric Stock Forecast, Price & News

$122.11
+0.38 (+0.31%)
(As of 07/6/2022 12:00 AM ET)
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Today's Range
$120.54
$123.03
50-Day Range
$121.73
$140.33
52-Week Range
$118.95
$148.54
Volume
319,938 shs
Average Volume
284,859 shs
Market Capitalization
$7.09 billion
P/E Ratio
22.16
Dividend Yield
1.84%
Price Target
$152.17

Lincoln Electric MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
24.6% Upside
$152.17 Price Target
Short Interest
Bearish
2.45% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.14
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
8.22%
From $7.91 to $8.56 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.05 out of 5 stars

Industrial Products Sector

95th out of 216 stocks

Metalworking Machinery & Equipment Industry

3rd out of 6 stocks

30 days | 90 days | 365 days | Advanced Chart

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Lincoln Electric logo

About Lincoln Electric (NASDAQ:LECO) Stock

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. Further, 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. The company 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. 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 News Headlines

Lincoln Electric (NASDAQ:LECO) Hits New 1-Year Low at $121.53
Lincoln Electric Tops Q1 EPS by 43c
See More Headlines

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:LECO
CUSIP
53390010
Employees
11,000
Year Founded
1895

Company Calendar

Ex-Dividend for 4/15 Dividend
3/30/2022
Dividend Payable
4/15/2022
Last Earnings
4/28/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
Today
7/06/2022
Dividend Payable
7/15/2022
Next Earnings (Confirmed)
7/28/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$152.17
High Stock Price Forecast
$170.00
Low Stock Price Forecast
$132.00
Forecasted Upside/Downside
+24.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.6
Research Coverage
5 Analysts

Profitability

Net Income
$276.47 million
Pretax Margin
11.39%

Debt

Sales & Book Value

Annual Sales
$3.23 billion
Cash Flow
$7.57 per share
Book Value
$14.63 per share

Miscellaneous

Free Float
56,261,000
Market Cap
$7.09 billion
Optionable
Optionable
Beta
1.13

Social Links















Lincoln Electric Frequently Asked Questions

Should I buy or sell Lincoln Electric stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last twelve months. There are currently 2 hold ratings and 3 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 is Lincoln Electric's stock price forecast for 2022?

5 Wall Street research analysts have issued 12-month target prices for Lincoln Electric's shares. Their LECO stock forecasts range from $132.00 to $170.00. On average, they anticipate Lincoln Electric's stock price to reach $152.17 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price.
View analysts' price targets for Lincoln Electric
or view top-rated stocks among Wall Street analysts.

How has Lincoln Electric's stock performed in 2022?

Lincoln Electric's stock was trading at $139.47 at the beginning of 2022. Since then, LECO shares have decreased by 12.4% and is now trading at $122.11.
View the best growth stocks for 2022 here
.

When is Lincoln Electric's next earnings date?

Lincoln Electric is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for Lincoln Electric
.

How can I listen to Lincoln Electric's earnings call?

Lincoln Electric will be holding an earnings conference call on Thursday, July 28th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced its earnings results on Thursday, April, 28th. The industrial products company reported $2.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $0.47. The industrial products company earned $925.40 million during the quarter, compared to the consensus estimate of $870.50 million. Lincoln Electric had a trailing twelve-month return on equity of 48.22% and a net margin of 9.65%. The business's revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.37 EPS.
View Lincoln Electric's earnings history
.

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

Lincoln Electric announced a quarterly dividend on Wednesday, April 20th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.56 per share on Friday, July 15th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Wednesday, June 29th.
View Lincoln Electric's dividend history
.

Is Lincoln Electric a good dividend stock?

Lincoln Electric(NASDAQ:LECO) pays an annual dividend of $2.24 per share and currently has a dividend yield of 1.84%. Lincoln Electric has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Lincoln Electric is 40.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lincoln Electric will have a dividend payout ratio of 26.17% next year. This indicates that Lincoln Electric will be able to sustain or increase its dividend.
View Lincoln Electric's dividend history.

Who are Lincoln Electric's key executives?

Lincoln Electric's management team includes the following people:

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.

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), Boeing (BA), NVIDIA (NVDA), Activision Blizzard (ATVI), Gilead Sciences (GILD), Intel (INTC), 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."

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 $122.11.

How much money does Lincoln Electric make?

Lincoln Electric (NASDAQ:LECO) has a market capitalization of $7.09 billion and generates $3.23 billion in revenue each year. The industrial products company earns $276.47 million in net income (profit) each year or $5.51 on an earnings per share basis.

How many employees does Lincoln Electric have?

Lincoln Electric employs 11,000 workers across the globe.

Does Lincoln Electric have any subsidiaries?

The following companies are subsidiares of Lincoln Electric: 16280 23 Mile LLC, A. B. Arriendos S.A., Air Liquide, Askaynak, Baker Industries, CMC North Second Street LLC, Coldwater Machine Company LLC, Comptoir Lyonnais De Soudage, Ductil SA, Easom Automation Systems Inc., Electro - Arco, Europaische Holding Intercito GmbH, Hangzhou SAF Oerlikon Welding & Cutting Co. LTD. (China), Harris Calorific International Sp. z o.o., Harris Products, Inversiones LyL S.A., Invoatech Engineering, J.W. Harris Co. Inc., Kaynak Teknigi Sanayi ve Ticaret A.S., LE Torreon BCS S. de R.L. de C.V., Lincoln Canada Finance ULC, Lincoln Canada Holdings ULC, Lincoln Electric (Jinzhou) Welding Materials Co. Ltd., Lincoln Electric (Tangshan) Welding Materials Co. Ltd., Lincoln Electric (Thailand) Ltd., Lincoln Electric (U.K.) Ltd., Lincoln Electric Bester Sp. z o.o., Lincoln Electric Company (India) Private Limited, Lincoln Electric Company of Canada GP 2 Limited, Lincoln Electric Company of Canada LP, Lincoln Electric Cyprus Holdings LLC, Lincoln Electric Cyprus Limited, Lincoln Electric Dutch Holdings B.V., Lincoln Electric Europe B.V., Lincoln Electric France S.A.S., Lincoln Electric GmbH, Lincoln Electric Henan Investment Holdings LLC, Lincoln Electric Holdings S.ar.l., Lincoln Electric Iberia S.L., Lincoln Electric International Holding Company, Lincoln Electric Italia S.r.l., Lincoln Electric Japan K.K., Lincoln Electric Luxembourg Holdings S.ar.l, Lincoln Electric Luxembourg S.ar.l., Lincoln Electric Malaysia SDN BHD, Lincoln Electric Management (Shanghai) Co. Ltd., Lincoln Electric Manufactura S.A. de C.V., Lincoln Electric Maquinas S. de R.L. de C.V., Lincoln Electric Mexicana S.A. de C.V., Lincoln Electric Middle East FZE, Lincoln Electric North America Inc., Lincoln Electric Novo Holdings LLC, Lincoln Electric Portugal S.A., Lincoln Electric S.A., Lincoln Electric UK Holdings Limited, Lincoln Electric do Brasil Indústria e Comércio Ltda., Lincoln Global Holdings LLC, Lincoln Global Inc., Lincoln Luxembourg Holdings S.ar.l., Lincoln Maquila Principal LLC, Lincoln Maquinas Holdings LLC, Lincoln Mexico Holdings LLC, Lincoln Nanjing Holdings LLC, Lincoln Singapore Holdings LLC, Lincoln Smitweld B.V., Lincoln Soldaduras de Colombia Ltda., Messer Soldaduras, Metrode Products, Mezhgosmetiz – Mtsensk (MGM), Oerlikon Kaynak Elektrodlari Ve Sanayi Anonim Sirketi, Oerlikon Schweisstechnik GMBH, Overstreet-Hughes Company Inc. (“FTP”), PT Lincoln Electric Indonesia, PT Lincoln Indoweld, Performance Investment Group LLC, Prime Hold Co. LLC, Prime Investment Group II LLC, Prime Investment Group III LLC, Prime Investment Group IV LLC, Prime Investment Group LLC, Pro-Systems LLC, Realweld Systems, Rimrock Corporation, Rimrock Holdings Corporation, Robolution GmbH, SSCO Manufacturing, SSM RP Holding B.V., Shoals Tubular Inc. (“Shoals”), Smart Force LLC, Spawmet Sp. z.o.o, Specialised Welding Products Pty. Ltd., Techalloy Inc., Tennessee Rand Inc., Tenwell Development Pte. Ltd., The Lincoln Electric Company, The Lincoln Electric Company (Asia Pacific) Pte. Ltd., The Lincoln Electric Company (Australia) Proprietary Limited, The Lincoln Electric Company (New Zealand) Limited, The Lincoln Electric Company of South Africa (Pty) Ltd., The Lincoln Electric Heli (Zhengzhou) Welding Materials Company Ltd., The Lincoln Electric Welding Technology & Training Center LLC, The Nanjing Lincoln Electric Co. Ltd., The Shanghai Lincoln Electric Co. Ltd., Vernon Tool Company Ltd, Vizient Manufacturing Solutions Inc., Wayne Trail Technologies Inc., Weartech International Inc., Weartech International Limited, Welding Cutting Tools & Accessories LLC, Wolf Robotics LLC, Worthington, and Zeman Bauelemente.
Read More

When was Lincoln Electric founded?

Lincoln Electric was founded in 1895.

How can I contact Lincoln Electric?

Lincoln Electric's mailing address is 22801 ST CLAIR AVE, CLEVELAND OH, 44117. The official website for Lincoln Electric is www.lincolnelectric.com. The industrial products company can be reached via phone at (888) 935-3877, via email at amanda_butler@lincolnelectric.com, or via fax at 216-383-2699.

This page (NASDAQ:LECO) was last updated on 7/7/2022 by MarketBeat.com Staff

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