Lincoln Electric Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Lincoln Electric stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LECO, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Lincoln Electric a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Lincoln Electric wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Lincoln Electric is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
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Lincoln Electric will be holding an earnings conference call on Tuesday, April 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) issued its quarterly earnings data on Thursday, February, 11th. The industrial products company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.18. The industrial products company had revenue of $693.80 million for the quarter, compared to analysts' expectations of $686.40 million. Lincoln Electric had a trailing twelve-month return on equity of 34.42% and a net margin of 7.59%. Lincoln Electric's quarterly revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.15 EPS.
View Lincoln Electric's earnings history.

Lincoln Electric's stock was trading at $71.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LECO shares have increased by 74.6% and is now trading at $125.55.
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Lincoln Electric declared a quarterly dividend on Wednesday, February 17th. Investors of record on Wednesday, March 31st will be paid a dividend of $0.51 per share on Thursday, April 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Tuesday, March 30th.
View Lincoln Electric's dividend history.

Lincoln Electric pays an annual dividend of $2.04 per share and currently has a dividend yield of 1.64%. Lincoln Electric does not yet have a strock track record of dividend growth. The dividend payout ratio of Lincoln Electric is 43.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lincoln Electric will have a dividend payout ratio of 43.13% next year. This indicates that Lincoln Electric will be able to sustain or increase its dividend.
View Lincoln Electric's dividend history.

8 Wall Street analysts have issued 1 year price targets for Lincoln Electric's shares. Their forecasts range from $102.00 to $130.00. On average, they expect Lincoln Electric's stock price to reach $115.80 in the next year. This suggests that the stock has a possible downside of 7.8%.
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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.

Some companies that are related to Lincoln Electric include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Ingersoll Rand (IR), Xylem (XYL), IDEX (IEX), Graco (GGG), Snap-on (SNA), Nordson (NDSN), Pentair (PNR), The Middleby (MIDD), ITT (ITT), Donaldson (DCI) and Woodward (WWD).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Lincoln Electric investors own include Energy Transfer (ET), The Boeing (BA), NVIDIA (NVDA), Activision Blizzard (ATVI), Gilead Sciences (GILD), Intel (INTC), The Procter & Gamble (PG), QUALCOMM (QCOM), Skyworks Solutions (SWKS) and AT&T (T).

Lincoln Electric trades on the NASDAQ under the ticker symbol "LECO."

Lincoln Electric's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (1.05%), Retirement Systems of Alabama (0.28%), Carnegie Capital Asset Management LLC (0.24%), Welch & Forbes LLC (0.14%), Lawson Kroeker Investment Management Inc. NE (0.13%) and New York State Teachers Retirement System (0.12%). Company insiders that own Lincoln Electric stock include Christopher L Mapes, Douglas S Lance, Gabriel Bruno, Geoffrey P Allman, George D Blankenship, Jennifer I Ansberry, Michael J Whitehead, Michael Mintun, Michele R Kuhrt, Steven B Hedlund, Thomas A Flohn and Vincent K Petrella.
View institutional ownership trends for Lincoln Electric.

LECO stock was sold by a variety of institutional investors in the last quarter, including Town & Country Bank & Trust CO dba First Bankers Trust CO, Albert D Mason Inc., Huntington National Bank, Lawson Kroeker Investment Management Inc. NE, Pacer Advisors Inc., IBM Retirement Fund, Garrison Asset Management LLC, and Mcdonald Partners LLC. Company insiders that have sold Lincoln Electric company stock in the last year include Douglas S Lance, Geoffrey P Allman, Jennifer I Ansberry, Michael J Whitehead, Michele R Kuhrt, Steven B Hedlund, and Thomas A Flohn.
View insider buying and selling activity for Lincoln Electric or view top insider-selling stocks.

LECO stock was purchased by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, State of Alaska Department of Revenue, Retirement Systems of Alabama, Park National Corp OH, Welch & Forbes LLC, Louisiana State Employees Retirement System, Carnegie Capital Asset Management LLC, and Private Capital Group LLC.
View insider buying and selling activity for Lincoln Electric or or view top insider-buying stocks.

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.
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One share of LECO stock can currently be purchased for approximately $125.55.

Lincoln Electric has a market capitalization of $7.49 billion and generates $3.00 billion in revenue each year. The industrial products company earns $293.11 million in net income (profit) each year or $4.70 on an earnings per share basis.

Lincoln Electric employs 10,700 workers across the globe.

Lincoln Electric was founded in 1895.

The official website for Lincoln Electric is www.lincolnelectric.com.

Lincoln Electric is headquartered at 22801 ST CLAIR AVE, CLEVELAND OH, 44117.

Lincoln Electric's mailing address is 22801 ST CLAIR AVE, CLEVELAND OH, 44117. The industrial products company can be reached via phone at 216-481-8100 or via email at [email protected]