NASDAQ:LECO - Lincoln Electric Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$92.28 +0.62 (+0.68 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$92.28
Today's Range$91.33 - $92.96
52-Week Range$81.48 - $101.34
Volume466,718 shs
Average Volume284,541 shs
Market Capitalization$6.01 billion
P/E Ratio24.35
Dividend Yield1.70%
Beta1.1
Lincoln Electric logoLincoln Electric Holdings, Inc., through its subsidiaries, designs, manufactures, and sells welding, cutting, and brazing products worldwide. It operates through three segments: Americas Welding, International Welding, and The Harris Products Group. The company's welding products include 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. It also provides 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, the company is involved in the retail business in the United States. It serves general fabrication, energy and process, automotive and transportation, heavy fabrication, and construction and infrastructure industries, as well as 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.

Receive LECO News and Ratings via Email

Sign-up to receive the latest news and ratings for LECO and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Metalworking machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNASDAQ:LECO
CUSIP53390010
Phone216-481-8100

Debt

Debt-to-Equity Ratio0.71
Current Ratio2.63
Quick Ratio1.93

Price-To-Earnings

Trailing P/E Ratio24.35
Forward P/E Ratio19.51
P/E Growth1.57

Sales & Book Value

Annual Sales$2.62 billion
Price / Sales2.31
Cash Flow$4.9111 per share
Price / Cash18.79
Book Value$14.18 per share
Price / Book6.51

Profitability

EPS (Most Recent Fiscal Year)$3.79
Net Income$247.50 million
Net Margins9.01%
Return on Equity28.83%
Return on Assets11.35%

Miscellaneous

Employees11,000
Outstanding Shares65,560,000
Market Cap$6,009.14

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 announced a quarterly dividend on Thursday, July 19th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.39 per share on Monday, October 15th. This represents a $1.56 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Thursday, September 27th. View Lincoln Electric's Dividend History.

How were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) released its quarterly earnings data on Monday, April, 23rd. The industrial products company reported $1.10 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $0.02. The industrial products company earned $757.70 million during the quarter, compared to the consensus estimate of $737.87 million. Lincoln Electric had a net margin of 9.01% and a return on equity of 28.83%. The company's revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.88 EPS. View Lincoln Electric's Earnings History.

When is Lincoln Electric's next earnings date?

Lincoln Electric is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Lincoln Electric.

What price target have analysts set for LECO?

11 brokerages have issued 1 year target prices for Lincoln Electric's shares. Their forecasts range from $93.00 to $115.00. On average, they expect Lincoln Electric's share price to reach $105.00 in the next year. This suggests a possible upside of 13.8% from the stock's current price. View Analyst Ratings for Lincoln Electric.

What is the consensus analysts' recommendation for Lincoln Electric?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Lincoln Electric's key competitors?

Some companies that are related to Lincoln Electric include Makita (MKTAY), SPX Flow (FLOW), SPX (SPXC), P & F Industries (PFIN) and WSI Industries (WSCI).

Who are Lincoln Electric's key executives?

Lincoln Electric's management team includes the folowing people:
  • Mr. Christopher L. Mapes, Chairman, Pres & CEO (Age 56)
  • Mr. Vincent K. Petrella, Exec. VP, CFO & Treasurer (Age 58)
  • Ms. Jennifer I. Ansberry, Exec. VP, Gen. Counsel & Sec. (Age 44)
  • Mr. George D. Blankenship, Exec. VP & Pres of Americas Welding (Age 55)
  • Mr. Steven B. Hedlund, Exec. VP & Pres of International Welding (Age 51)

Has Lincoln Electric been receiving favorable news coverage?

News articles about LECO stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Lincoln Electric earned a media sentiment score of 0.04 on Accern's scale. They also gave media coverage about the industrial products company an impact score of 47.00 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are Lincoln Electric's major shareholders?

Lincoln Electric's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (3.39%), Alecta Pensionsforsakring Omsesidigt (2.14%), Fisher Asset Management LLC (1.65%), Retirement Systems of Alabama (0.23%), Welch & Forbes LLC (0.16%) and Cornerstone Wealth Management LLC (0.12%). Company insiders that own Lincoln Electric stock include David H Gunning, Frederick G Stueber, G Russell Lincoln, Gabriel Bruno, Geoffrey P Allman, George D Blankenship, 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 institutional investors are selling Lincoln Electric stock?

LECO stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Baillie Gifford & Co., Municipal Employees Retirement System of Michigan and Creative Planning. Company insiders that have sold Lincoln Electric company stock in the last year include G Russell Lincoln and Michele R Kuhrt. View Insider Buying and Selling for Lincoln Electric.

Which institutional investors are buying Lincoln Electric stock?

LECO stock was bought by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Cornerstone Wealth Management LLC, New England Research & Management Inc., Welch & Forbes LLC, Xact Kapitalforvaltning AB, Oakbrook Investments LLC, Fisher Asset Management LLC and Hartford Investment Management Co.. 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 $92.28.

How big of a company is Lincoln Electric?

Lincoln Electric has a market capitalization of $6.01 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.

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  273 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  620
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.
This page was last updated on 7/21/2018 by MarketBeat.com Staff

Featured Article: Relative Strength Index

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.