NASDAQ:LECO

Lincoln Electric Stock Forecast, Price & News

$125.18
-0.80 (-0.64 %)
(As of 04/22/2021 03:39 PM ET)
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Today's Range
$125.18
Now: $125.18
$126.74
50-Day Range
$115.20
MA: $122.77
$126.64
52-Week Range
$68.12
Now: $125.18
$129.04
Volume2,245 shs
Average Volume240,280 shs
Market Capitalization$7.47 billion
P/E Ratio37.26
Dividend Yield1.64%
Beta1.13
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.
Lincoln Electric logo

Industry, Sector and Symbol

Industry Metalworking machinery & equipment
Sub-IndustryIndustrial Machinery
Current SymbolNASDAQ:LECO
CUSIP53390010
Phone216-481-8100
Employees10,700
Year Founded1895

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.00 billion
Cash Flow$6.48 per share
Book Value$13.40 per share

Profitability

Net Income$293.11 million

Miscellaneous

Market Cap$7.47 billion
Next Earnings Date4/27/2021 (Confirmed)
OptionableOptionable

Headlines

Lincoln Electric (NASDAQ:LECO) PT Raised to $121.00
April 19, 2021 |  americanbankingnews.com
Lincoln Electric Announces Senior Management Promotion
April 13, 2021 |  finance.yahoo.com
Lincoln Electric (NASDAQ:LECO) Price Target Raised to $121.00
April 12, 2021 |  americanbankingnews.com
Lincoln Electric Schedules Webcast for First Quarter 2021 Results
April 5, 2021 |  markets.businessinsider.com
Lincoln Electric Reports Fourth Quarter and Full Year 2020 Results
February 12, 2021 |  markets.businessinsider.com
See More Headlines

MarketRank

Overall MarketRank

2.01 out of 5 stars

Industrial Products Sector

38th out of 396 stocks

Metalworking Machinery & Equipment Industry

1st out of 9 stocks

Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$125.18
-0.80 (-0.64 %)
(As of 04/22/2021 03:39 PM ET)
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Lincoln Electric (NASDAQ:LECO) Frequently Asked Questions

Is Lincoln Electric a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Lincoln Electric stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LECO, but not buy additional shares or sell existing shares.
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 "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Lincoln Electric wasn't one of them. MarketBeat thinks these five stocks 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 Tuesday, April 27th 2021.
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 Tuesday, April 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) issued its quarterly earnings data on Thursday, February, 11th. The industrial products company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.18. The industrial products company had revenue of $693.80 million for the quarter, compared to analysts' expectations of $686.40 million. Lincoln Electric had a trailing twelve-month return on equity of 34.42% and a net margin of 7.59%. Lincoln Electric's quarterly revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.15 EPS.
View Lincoln Electric's earnings history
.

How has Lincoln Electric's stock price been impacted by Coronavirus?

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 74.6% and is now trading at $125.55.
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, February 17th. Investors of record on Wednesday, March 31st will be paid a dividend of $0.51 per share on Thursday, April 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Tuesday, March 30th.
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 1.64%. Lincoln Electric does not yet have a strock track record of dividend growth. The dividend payout ratio of Lincoln Electric is 43.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lincoln Electric will have a dividend payout ratio of 43.13% 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 Wall Street analysts have issued 1 year price targets for Lincoln Electric's shares. Their forecasts range from $102.00 to $130.00. On average, they expect Lincoln Electric's stock price to reach $115.80 in the next year. This suggests that the stock has a possible downside of 7.8%.
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. David J. Nangle, Exec. VP & Pres of Harris Products Group (Age 64) (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)

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 Boston Trust Walden Corp (1.05%), Retirement Systems of Alabama (0.28%), Carnegie Capital Asset Management LLC (0.24%), Welch & Forbes LLC (0.14%), Lawson Kroeker Investment Management Inc. NE (0.13%) and New York State Teachers Retirement System (0.12%). 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 Town & Country Bank & Trust CO dba First Bankers Trust CO, Albert D Mason Inc., Huntington National Bank, Lawson Kroeker Investment Management Inc. NE, Pacer Advisors Inc., IBM Retirement Fund, Garrison Asset Management LLC, and Mcdonald Partners LLC. 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 purchased by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, State of Alaska Department of Revenue, Retirement Systems of Alabama, Park National Corp OH, Welch & Forbes LLC, Louisiana State Employees Retirement System, Carnegie Capital Asset Management LLC, and Private Capital Group LLC.
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 $125.55.

How much money does Lincoln Electric make?

Lincoln Electric has a market capitalization of $7.49 billion and generates $3.00 billion in revenue each year. The industrial products company earns $293.11 million in net income (profit) each year or $4.70 on an earnings per share basis.

How many employees does Lincoln Electric have?

Lincoln Electric employs 10,700 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 4/22/2021 by MarketBeat.com Staff
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