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

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$84.22 +1.84 (+2.23 %)
(As of 01/20/2019 04:00 PM ET)
Previous Close$84.22
Today's Range$82.64 - $84.46
52-Week Range$72.28 - $101.34
Volume274,285 shs
Average Volume235,734 shs
Market Capitalization$5.43 billion
P/E Ratio22.22
Dividend Yield2.23%
Beta1.22
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.62 billion
Cash Flow$4.8795 per share
Book Value$14.18 per share

Profitability

Net Income$247.50 million

Miscellaneous

Employees11,000
Market Cap$5.43 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 given a dividend of $0.47 per share on Tuesday, January 15th. This represents a $1.88 dividend on an annualized basis and a yield of 2.23%. 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) released its earnings results on Thursday, October, 25th. The industrial products company reported $1.21 earnings per share for the quarter, meeting 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 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?

Lincoln Electric is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Lincoln Electric.

How can I listen to Lincoln Electric's earnings call?

Lincoln Electric will be holding an earnings conference call on Thursday, February 14th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773443899.

What price target have analysts set for LECO?

8 Wall Street analysts have issued 1 year price objectives for Lincoln Electric's shares. 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 twelve months. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Price Targets for Lincoln Electric.

What is the consensus analysts' recommendation for Lincoln Electric?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last year. There are currently 2 hold ratings and 6 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 been trending neutral this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. 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 0.1 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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 57)
  • Mr. Vincent K. Petrella, Exec. VP, CFO & Treasurer (Age 59)
  • Ms. Jennifer I. Ansberry, Exec. VP, Gen. Counsel & Sec. (Age 45)
  • Mr. George D. Blankenship, Exec. VP & Pres of Americas Welding (Age 56)
  • Mr. Steven B. Hedlund, Exec. VP & Pres of International Welding (Age 52)

Who are Lincoln Electric's major shareholders?

Lincoln Electric's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BTIM Corp. (0.76%), Retirement Systems of Alabama (0.25%), Lawson Kroeker Investment Management Inc. NE (0.13%), Private Trust Co. NA (0.04%), Hudson Valley Investment Advisors Inc. ADV (0.03%) and Louisiana State Employees Retirement System (0.03%). 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 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 Nisa Investment Advisors LLC, BTIM Corp., Private Trust Co. NA, Oakbrook Investments LLC, Louisiana State Employees Retirement System, First Hawaiian Bank and YHB Investment Advisors Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Hudson Valley Investment Advisors Inc. ADV, Meeder Asset Management Inc., Retirement Systems of Alabama, Lawson Kroeker Investment Management Inc. NE and Sit Investment Associates 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 $84.22.

How big of a company is Lincoln Electric?

Lincoln Electric has a market capitalization of $5.43 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:  2.2 out of 5 (star star)
Outperform Votes:  309 (Vote Outperform)
Underperform Votes:  379 (Vote Underperform)
Total Votes:  688
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 1/20/2019 by MarketBeat.com Staff

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