S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:LECO

Lincoln Electric Stock Forecast, Price & News

$134.64
-0.98 (-0.72%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$133.11
$139.88
50-Day Range
$128.79
$146.04
52-Week Range
$110.52
$148.54
Volume
125,100 shs
Average Volume
221,386 shs
Market Capitalization
$7.95 billion
P/E Ratio
30.32
Dividend Yield
1.52%
Beta
1.19
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Lincoln Electric logo

About Lincoln Electric

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.

Headlines

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Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:LECO
CUSIP
53390010
Employees
11,000
Year Founded
1895

Sales & Book Value

Annual Sales
$2.66 billion
Cash Flow
$5.52 per share
Book Value
$14.53 per share

Profitability

Net Income
$206.12 million
Pretax Margin
10.85%

Debt

Price-To-Earnings

Miscellaneous

Free Float
57,070,000
Market Cap
$7.95 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/29/2021
Dividend Payable
10/15/2021
Last Earnings
10/28/2021
Today
12/06/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/11/2022

Social Links


MarketRank

Overall MarketRank

2.66 out of 5 stars

Industrial Products Sector

58th out of 246 stocks

Metalworking Machinery & Equipment Industry

2nd out of 6 stocks

Analyst Opinion: 1.3Community Rank: 4.1Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Lincoln Electric (NASDAQ:LECO) Frequently Asked Questions

Is Lincoln Electric a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Lincoln Electric stock.
View analyst ratings for Lincoln Electric
or view top-rated stocks.

How has Lincoln Electric's stock price been impacted by COVID-19?

Lincoln Electric's stock was trading at $71.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LECO stock has increased by 87.3% and is now trading at $134.64.
View which stocks have been most impacted by COVID-19
.

When is Lincoln Electric's next earnings date?

Lincoln Electric is scheduled to release its next quarterly earnings announcement on Friday, February 11th 2022.
View our earnings forecast for Lincoln Electric
.

How were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) released its quarterly earnings data on Thursday, October, 28th. The industrial products company reported $1.56 EPS for the quarter, topping analysts' consensus estimates of $1.54 by $0.02. The industrial products company had revenue of $806.50 million for the quarter, compared to analyst estimates of $806.23 million. Lincoln Electric had a trailing twelve-month return on equity of 42.54% and a net margin of 8.66%. The firm's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.10 EPS.
View Lincoln Electric's earnings history
.

How often does Lincoln Electric pay dividends? What is the dividend yield for Lincoln Electric?

Lincoln Electric announced a quarterly dividend on Tuesday, October 19th. Stockholders of record on Friday, December 31st will be paid a dividend of $0.56 per share on Friday, January 14th. This represents a $2.24 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Thursday, December 30th. This is an increase from Lincoln Electric's previous quarterly dividend of $0.51.
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 1.52%. Lincoln Electric has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Lincoln Electric is 45.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lincoln Electric will have a dividend payout ratio of 28.98% 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?

4 analysts have issued twelve-month price targets for Lincoln Electric's stock. Their forecasts range from $138.00 to $160.00. On average, they anticipate Lincoln Electric's stock price to reach $145.75 in the next year. This suggests a possible upside of 8.3% from the stock's current price.
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:
  • Christopher Lee Mapes, Chairman, President & Chief Executive Officer
  • Gabriel Bruno, Chief Financial Officer, Treasurer & Executive VP
  • Thomas Matthews, Senior VP-Technology, Research & Development
  • Anthony K. Battle, Chief Compliance Officer & SVP-Internal Audit
  • Michele R. Kuhrt, Chief Human Resources Officer & Executive VP

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.

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), Boeing (BA), NVIDIA (NVDA), Activision Blizzard (ATVI), Gilead Sciences (GILD), Intel (INTC), 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.96%), Wellington Management Group LLP (3.13%), Victory Capital Management Inc. (2.42%), Keybank National Association OH (2.32%), William Blair Investment Management LLC (2.04%) and Principal Financial Group Inc. (1.40%). Company insiders that own Lincoln Electric stock include Christopher L Mapes, Douglas S Lance, Geoffrey P Allman, Jennifer I Ansberry, Jennifer I Ansberry, Michael J Whitehead, 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 Wellington Management Group LLP, BlackRock Inc., Morgan Stanley, Principal Financial Group Inc., Heartland Advisors Inc., Polar Asset Management Partners Inc., Janus Henderson Group PLC, and Jennison Associates LLC. Company insiders that have sold Lincoln Electric company stock in the last year include Christopher L Mapes, Jennifer I Ansberry, Michael J Whitehead, 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 acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Nordea Investment Management AB, New York State Common Retirement Fund, Diamant Asset Management Inc., American Century Companies Inc., Moors & Cabot Inc., O Shares Investment Advisers LLC, and Cubist Systematic Strategies 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 $134.64.

How much money does Lincoln Electric make?

Lincoln Electric has a market capitalization of $7.95 billion and generates $2.66 billion in revenue each year. The industrial products company earns $206.12 million in net income (profit) each year or $4.44 on an earnings per share basis.

How many employees does Lincoln Electric have?

Lincoln Electric employs 11,000 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 (888) 935-3877, via email at [email protected], or via fax at 216-383-2699.


This page was last updated on 12/6/2021 by MarketBeat.com Staff

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