Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products and other welding and cutting products. Its welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes. The firm offers CNC plasma and oxy-fuel cutting systems, regulators and torches used in oxy-fuel welding, cutting and brazing. It operates through the following segments: Americas Welding, International Welding and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily includes welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group includes the company's global cutting, soldering and brazing businesses as well as the retail business in the United States. The company was founded on 1895 and is headquartered in Cleveland, OH.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Metalworking machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:LECO
Previous Symbol
CUSIP53390010
Phone216-481-8100
Debt
Debt-to-Equity Ratio0.75
Current Ratio2.58
Quick Ratio1.88
Price-To-Earnings
Trailing P/E Ratio21.16
Forward P/E Ratio16.92
P/E Growth1.29
Sales & Book Value
Annual Sales$2.62 billion
Price / Sales1.97
Cash Flow$4.8790 per share
Price / Cash Flow16.44
Book Value$14.18 per share
Price / Book5.66
Profitability
EPS (Most Recent Fiscal Year)$3.79
Net Income$247.50 million
Net Margins7.40%
Return on Equity31.77%
Return on Assets12.34%
Miscellaneous
Employees11,000
Outstanding Shares64,450,000
Market Cap$5.17 billion
OptionableOptionable
Lincoln Electric (NASDAQ:LECO) Frequently Asked Questions
What is Lincoln Electric's stock symbol?
Lincoln Electric trades on the NASDAQ under the ticker symbol "LECO."
How often does Lincoln Electric pay dividends? What is the dividend yield for Lincoln Electric?
Lincoln Electric declared a quarterly dividend on Tuesday, October 16th. Shareholders of record on Monday, December 31st will be paid a dividend of $0.47 per share on Tuesday, January 15th. This represents a $1.88 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Friday, December 28th. This is a positive change from Lincoln Electric's previous quarterly dividend of $0.39. View Lincoln Electric's Dividend History.
How were Lincoln Electric's earnings last quarter?
Lincoln Electric Holdings, Inc. (NASDAQ:LECO) issued its earnings results on Thursday, October, 25th. The industrial products company reported $1.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.21. The industrial products company had revenue of $737.10 million for the quarter, compared to analysts' expectations of $763.42 million. Lincoln Electric had a net margin of 7.40% and a return on equity of 31.77%. View Lincoln Electric's Earnings History.
When is Lincoln Electric's next earnings date?
What price target have analysts set for LECO?
9 analysts have issued twelve-month target prices for Lincoln Electric's stock. Their predictions range from $85.00 to $115.00. On average, they expect Lincoln Electric's stock price to reach $101.50 in the next year. This suggests a possible upside of 26.5% from the stock's current price. View Analyst Price Targets for Lincoln Electric.
What is the consensus analysts' recommendation for Lincoln Electric?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lincoln Electric.
Has Lincoln Electric been receiving favorable news coverage?
News articles about LECO stock have trended positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lincoln Electric earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the stock's share price in the near future.
Who are some of Lincoln Electric's key competitors?
Who are Lincoln Electric's key executives?
Lincoln Electric's management team includes the folowing people:
- Christopher L. Mapes, Chairman, President & Chief Executive Officer
- Vincent K. Petrella, Chief Financial Officer, Treasurer & Executive VP
- Michele R. Kuhrt, Executive VP & Chief Information Officer
- Anthony K. Battle, Chief Compliance Officer & SVP-Internal Audit
- Gabriel Bruno, Chief Human Resources Officer & EVP
Who are Lincoln Electric's major shareholders?
Lincoln Electric's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.32%), Vanguard Group Inc (9.32%), BlackRock Inc. (9.23%), Alliancebernstein L.P. (2.35%), Keybank National Association OH (2.10%) and JPMorgan Chase & Co. (1.96%). Company insiders that own Lincoln Electric stock include David H Gunning, Frederick G Stueber, G Russell Lincoln, Gabriel Bruno, Geoffrey P Allman, Kathryn Jo Lincoln, Michele R Kuhrt, Steven B Hedlund, Thomas A Flohn, Vincent K Petrella and William E Macdonald III. 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 Baillie Gifford & Co., Mitsubishi UFJ Trust & Banking Corp, First Trust Advisors LP, Carnegie Capital Asset Management LLC, FMR LLC, Vident Investment Advisory LLC, Fisher Asset Management LLC and Russell Investments Group Ltd.. Company insiders that have sold Lincoln Electric company stock in the last year include G Russell Lincoln, Kathryn Jo Lincoln and William E Macdonald III. View Insider Buying and Selling for Lincoln Electric.
Which major investors are buying Lincoln Electric stock?
LECO stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Prudential Financial Inc., BlackRock Inc., Canada Pension Plan Investment Board, JPMorgan Chase & Co., Morgan Stanley, Cornerstone Wealth Management LLC and Vanguard Group Inc. View Insider Buying and Selling for Lincoln Electric.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Lincoln Electric's stock price today?
One share of LECO stock can currently be purchased for approximately $80.21.
How big of a company is Lincoln Electric?
Lincoln Electric has a market capitalization of $5.17 billion and generates $2.62 billion in revenue each year. The industrial products company earns $247.50 million in net income (profit) each year or $3.79 on an earnings per share basis. Lincoln Electric employs 11,000 workers across the globe.
What is Lincoln Electric's official website?
How can I contact Lincoln Electric?
Lincoln Electric's mailing address is 22801 ST. CLAIR AVENUE, CLEVELAND OH, 44117. The industrial products company can be reached via phone at 216-481-8100 or via email at [email protected]
MarketBeat Community Rating for Lincoln Electric (NASDAQ LECO)
MarketBeat's community ratings are surveys of what our community members think about Lincoln Electric and other stocks. Vote "Outperform" if you believe LECO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LECO will underperform the S&P 500 over the long term. You may vote once every thirty days.
