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

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$81.51 -3.50 (-4.12 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$81.51
Today's Range$81.45 - $84.63
52-Week Range$72.28 - $97.93
Volume306,695 shs
Average Volume320,047 shs
Market Capitalization$5.15 billion
P/E Ratio16.91
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.

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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$3.03 billion
Cash Flow$6.0378 per share
Book Value$13.77 per share

Profitability

Net Income$287.07 million

Miscellaneous

Employees11,000
Market Cap$5.15 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 given a dividend of $0.47 per share on Monday, April 15th. This represents a $1.88 dividend on an annualized basis 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) announced its earnings results on Thursday, February, 14th. The industrial products company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.09. The industrial products company had revenue of $744 million for the quarter, compared to the consensus estimate of $763.57 million. Lincoln Electric had a net margin of 9.48% and a return on equity of 33.87%. Lincoln Electric's revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the previous year, the business 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 equities research analysts have issued 12 month price objectives for Lincoln Electric's shares. Their predictions range from $80.00 to $111.00. On average, they anticipate Lincoln Electric's share price to reach $96.00 in the next twelve months. 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?

Media headlines about LECO stock have trended neutral on Sunday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lincoln Electric earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting Lincoln Electric?

Lincoln Electric saw a increase in short interest in 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 trading volume of 365,969 shares, the short-interest ratio is presently 4.9 days. Currently, 3.1% of the shares of the company are sold short. 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 institutional and retail investors. Top institutional shareholders 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:  2.2 out of 5 (star star)
Outperform Votes:  321 (Vote Outperform)
Underperform Votes:  393 (Vote Underperform)
Total Votes:  714
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 3/24/2019 by MarketBeat.com Staff

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