Lincoln Electric Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Lincoln Electric stock.
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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.
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Lincoln Electric saw a decline in short interest in July. As of July 15th, there was short interest totaling 792,800 shares, a decline of 25.2% from the June 30th total of 1,060,000 shares. Based on an average trading volume of 236,500 shares, the days-to-cover ratio is currently 3.4 days. Currently, 1.4% of the shares of the company are short sold.
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Lincoln Electric is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Lincoln Electric.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced its earnings results on Tuesday, July, 27th. The industrial products company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.19. The industrial products company earned $826.50 million during the quarter, compared to analysts' expectations of $790.15 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 39.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.80 EPS.
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Lincoln Electric's stock was trading at $71.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LECO shares have increased by 92.6% and is now trading at $138.51.
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Lincoln Electric declared a quarterly dividend on Wednesday, April 21st. Stockholders of record on Wednesday, June 30th will be paid 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 1.47%. The ex-dividend date of this dividend is Tuesday, June 29th.
View Lincoln Electric's dividend history.

Lincoln Electric pays an annual dividend of $2.04 per share and currently has a dividend yield of 1.49%. 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 31.63% next year. This indicates that Lincoln Electric will be able to sustain or increase its dividend.
View Lincoln Electric's dividend history.

7 Wall Street analysts have issued twelve-month price targets for Lincoln Electric's shares. Their forecasts range from $102.00 to $155.00. On average, they anticipate Lincoln Electric's share price to reach $134.00 in the next twelve months. This suggests that the stock has a possible downside of 3.3%.
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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.

Some companies that are related to Lincoln Electric include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), Ingersoll Rand (IR), IDEX (IEX), Nordson (NDSN), Graco (GGG), Pentair (PNR), Snap-on (SNA), The Middleby (MIDD), ITT (ITT), Donaldson (DCI) and Woodward (WWD).
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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).

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

Lincoln Electric's stock is owned by a variety of retail and institutional investors. Top institutional investors include Welch & Forbes LLC (0.14%), State of Alaska Department of Revenue (0.04%), Oregon Public Employees Retirement Fund (0.03%), New Mexico Educational Retirement Board (0.02%) and Albert D Mason Inc. (0.02%). 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.

LECO stock was sold by a variety of institutional investors in the last quarter, including Welch & Forbes LLC, and Albert D Mason Inc.. 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.

LECO stock was acquired by a variety of institutional investors in the last quarter, including New Mexico Educational Retirement Board, State of Alaska Department of Revenue, and Oregon Public Employees Retirement Fund.
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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.
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One share of LECO stock can currently be purchased for approximately $138.51.

Lincoln Electric has a market capitalization of $8.23 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.

Lincoln Electric employs 11,000 workers across the globe.

Lincoln Electric was founded in 1895.

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

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

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]