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

Sign in or create an account to add this stock to your watchlist.
$81.79 +0.28 (+0.34 %)
(As of 03/25/2019 09:40 AM ET)
Previous Close$81.51
Today's Range$81.59 - $81.79
52-Week Range$72.28 - $97.93
Volume4,444 shs
Average Volume319,859 shs
Market Capitalization$5.17 billion
P/E Ratio16.97
Dividend Yield2.31%
Beta1.2
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.

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

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$3.03 billion
Cash Flow$6.0585 per share
Book Value$13.77 per share

Profitability

Net Income$287.07 million

Miscellaneous

Employees11,000
Market Cap$5.17 billion
Next Earnings Date4/22/2019 (Estimated)
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 Monday, February 18th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.47 per share on Monday, April 15th. This represents a $1.88 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend is Thursday, March 28th. 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, February, 14th. The industrial products company reported $1.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.09. The industrial products company earned $744 million during the quarter, compared to analysts' expectations of $763.57 million. Lincoln Electric had a net margin of 9.48% and a return on equity of 33.87%. The company's revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.01 earnings per share. 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, April 22nd 2019. View Earnings Estimates for Lincoln Electric.

What price target have analysts set for LECO?

9 brokers have issued 1-year target prices for Lincoln Electric's shares. Their predictions range from $80.00 to $111.00. On average, they anticipate Lincoln Electric's stock price to reach $96.00 in the next year. This suggests a possible upside of 17.8% 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 1 sell rating, 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lincoln Electric.

Has Lincoln Electric been receiving favorable news coverage?

Press coverage about LECO stock has trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -1.1 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

Are investors shorting Lincoln Electric?

Lincoln Electric saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,786,447 shares, an increase of 38.8% from the February 15th total of 1,287,413 shares. Based on an average daily trading volume, of 365,969 shares, the short-interest ratio is presently 4.9 days. Currently, 3.1% of the company's shares are short sold. View Lincoln Electric's Current Options Chain.

Who are some of Lincoln Electric's key competitors?

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

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 LP Unit (ET), Starbucks (SBUX), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Gilead Sciences (GILD), Government Properties Income Trust (GOV), Activision Blizzard (ATVI), Alphabet (GOOG), NVIDIA (NVDA) and Ford Motor (F).

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
  • Anthony K. Battle, Chief Compliance Officer & SVP-Internal Audit
  • Michele R. Kuhrt, Chief Human Resources Officer & Executive VP
  • George D. Blankenship, EVP & President-Americas Welding

Who are Lincoln Electric's major shareholders?

Lincoln Electric's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.35%), Oregon Public Employees Retirement Fund (3.16%), Alecta Pensionsforsakring Omsesidigt (2.25%), Royce & Associates LP (1.83%), Fisher Asset Management LLC (1.66%) and Principal Financial Group Inc. (1.57%). Company insiders that own Lincoln Electric stock include Christopher L Mapes, David H Gunning, G Russell Lincoln, Gabriel Bruno, Geoffrey P Allman, Hellene S Runtagh, 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 FMR LLC, Amundi Pioneer Asset Management Inc., Millennium Management LLC, Two Sigma Investments LP, D. E. Shaw & Co. Inc., Barclays PLC, Baillie Gifford & Co. and Royce & Associates LP. Company insiders that have sold Lincoln Electric company stock in the last year include Christopher L Mapes, G Russell Lincoln, Geoffrey P Allman, Hellene S Runtagh, 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 bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Thrivent Financial for Lutherans, WINTON GROUP Ltd, Precision Path Capital LP, Northern Trust Corp, Gotham Asset Management LLC and Westfield Capital Management Co. LP. 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 $81.51.

How big of a company is Lincoln Electric?

Lincoln Electric has a market capitalization of $5.15 billion and generates $3.03 billion in revenue each year. The industrial products company earns $287.07 million in net income (profit) each year or $4.82 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:  322 (Vote Outperform)
Underperform Votes:  393 (Vote Underperform)
Total Votes:  715
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 3/25/2019 by MarketBeat.com Staff

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.

Yahoo Gemini Pixel