NASDAQ:LECO - Lincoln Electric Stock Price, News, & Analysis

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$84.09 +0.16 (+0.19 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$84.09
Today's Range$81.00 - $84.46
52-Week Range$75.07 - $101.34
Volume218,749 shs
Average Volume556,177 shs
Market Capitalization$5.33 billion
P/E Ratio22.19
Dividend Yield1.89%
Beta1.27
Lincoln 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.

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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 Ratio22.19
Forward P/E Ratio17.74
P/E Growth1.32

Sales & Book Value

Annual Sales$2.62 billion
Price / Sales2.07
Cash Flow$4.9640 per share
Price / Cash16.94
Book Value$14.40 per share
Price / Book5.84

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$5.33 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 announced 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 2.24%. The ex-dividend date of this dividend is Friday, December 28th. This is an increase 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 quarterly earnings data on Thursday, October, 25th. The industrial products company reported $1.21 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $1.21. The industrial products company earned $737.10 million during the quarter, compared to analysts' expectations of $763.42 million. Lincoln Electric had a return on equity of 31.77% and a net margin of 7.40%. 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 Wednesday, February 13th 2019. View Earnings Estimates for Lincoln Electric.

What price target have analysts set for LECO?

9 brokers have issued 1 year price objectives for Lincoln Electric's shares. Their forecasts range from $85.00 to $115.00. On average, they expect Lincoln Electric's share price to reach $101.50 in the next year. This suggests a possible upside of 20.7% 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?

Headlines about LECO stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lincoln Electric earned a daily sentiment score of 1.6 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

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)

Who are Lincoln Electric's major shareholders?

Lincoln Electric's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.23%), Alliancebernstein L.P. (2.35%), Keybank National Association OH (2.10%), JPMorgan Chase & Co. (1.96%), Royce & Associates LP (1.86%) and Fisher Asset Management LLC (1.62%). 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 institutional 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, FMR LLC, Vident Investment Advisory LLC, Fisher Asset Management LLC, Russell Investments Group Ltd. and TIAA CREF Investment Management LLC. 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 institutional investors are buying Lincoln Electric stock?

LECO stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., BlackRock Inc., Canada Pension Plan Investment Board, JPMorgan Chase & Co., Cornerstone Wealth Management LLC, Man Group plc, Alliancebernstein L.P. and Thrivent Financial for Lutherans. 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 $84.09.

How big of a company is Lincoln Electric?

Lincoln Electric has a market capitalization of $5.33 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?

The official website for Lincoln Electric is http://www.lincolnelectric.com.

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:  2.3 out of 5 (star star)
Outperform Votes:  307 (Vote Outperform)
Underperform Votes:  369 (Vote Underperform)
Total Votes:  676
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 11/17/2018 by MarketBeat.com Staff

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