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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Is This The End of Capitalism? (Ad)
Why Lucid Spiked Nearly 100% In One Day
Ride These Railroad Stocks for Growth and Income
The Next Big Crisis Is Here (Ad)
EVs, Robotics Among Growth Drivers As Chipmaker STMicro Gaps Up
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
The Next Big Crisis Is Here (Ad)
Microsoft’s Comeback Is Now Underway
Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Is This The End of Capitalism? (Ad)
Why Lucid Spiked Nearly 100% In One Day
Ride These Railroad Stocks for Growth and Income
The Next Big Crisis Is Here (Ad)
EVs, Robotics Among Growth Drivers As Chipmaker STMicro Gaps Up
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
The Next Big Crisis Is Here (Ad)
Microsoft’s Comeback Is Now Underway
Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Is This The End of Capitalism? (Ad)
Why Lucid Spiked Nearly 100% In One Day
Ride These Railroad Stocks for Growth and Income
The Next Big Crisis Is Here (Ad)
EVs, Robotics Among Growth Drivers As Chipmaker STMicro Gaps Up
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
The Next Big Crisis Is Here (Ad)
Microsoft’s Comeback Is Now Underway
Can Amazon Recover Amid Tech Stock Sell-off?
NASDAQ:LECO

Lincoln Electric - LECO Stock Forecast, Price & News

$163.10
+2.39 (+1.49%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$160.09
$163.96
50-Day Range
$140.50
$163.10
52-Week Range
$118.17
$163.96
Volume
391,227 shs
Average Volume
370,140 shs
Market Capitalization
$9.42 billion
P/E Ratio
21.95
Dividend Yield
1.59%
Price Target
$156.75

Lincoln Electric MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
3.9% Downside
$156.75 Price Target
Short Interest
Bearish
3.36% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.14
Upright™ Environmental Score
News Sentiment
0.79mentions of Lincoln Electric in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$4.90 M Sold Last Quarter
Proj. Earnings Growth
4.87%
From $8.22 to $8.62 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

Industrial Products Sector

150th out of 186 stocks

Metalworking Machinery & Equipment Industry

3rd out of 4 stocks


LECO stock logo

About Lincoln Electric (NASDAQ:LECO) Stock

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 by John C. Lincoln and James F. Lincoln on December 05, 1895 and is headquartered in Cleveland, OH.

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LECO Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
These Two Stocks Make New Highs, Hold In Buy Zones
Lincoln Electric (NASDAQ:LECO) Sets New 12-Month High at $159.70
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Lincoln Electric poised to enter the EV charger market
Ford’s Lincoln Division in Big Trouble
Lincoln Electric Holdings Recent Insider Activity
See More Headlines
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LECO Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 1/13 Dividend
12/29/2022
Dividend Payable
1/13/2023
Today
1/28/2023
Next Earnings (Confirmed)
2/21/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$156.75
High Stock Price Forecast
$170.00
Low Stock Price Forecast
$149.00
Forecasted Upside/Downside
-3.9%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$276.47 million
Pretax Margin
14.39%

Debt

Sales & Book Value

Annual Sales
$3.23 billion
Cash Flow
$7.95 per share
Book Value
$14.63 per share

Miscellaneous

Free Float
55,913,000
Market Cap
$9.42 billion
Optionable
Optionable
Beta
1.13

Social Links


Key Executives

  • Christopher Lee MapesChristopher Lee Mapes
    Chairman, President & Chief Executive Officer
  • Steven Bradford Hedlund
    Chief Operating Officer & Executive Vice President
  • Gabriel Bruno
    Chief Financial Officer, Treasurer & Executive VP
  • Thomas Matthews
    Senior VP-Technology, Research & Development
  • Lisa A. Dietrich
    Chief Information Officer & Executive VP













LECO Stock - Frequently Asked Questions

Should I buy or sell Lincoln Electric stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" LECO shares. 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.
View LECO analyst ratings
or view top-rated stocks.

What is Lincoln Electric's stock price forecast for 2023?

4 analysts have issued twelve-month price objectives for Lincoln Electric's shares. Their LECO share price forecasts range from $149.00 to $170.00. On average, they expect the company's share price to reach $156.75 in the next year. This suggests that the stock has a possible downside of 3.9%.
View analysts price targets for LECO
or view top-rated stocks among Wall Street analysts.

How have LECO shares performed in 2023?

Lincoln Electric's stock was trading at $144.49 on January 1st, 2023. Since then, LECO shares have increased by 12.9% and is now trading at $163.10.
View the best growth stocks for 2023 here
.

When is Lincoln Electric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our LECO earnings forecast
.

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

Lincoln Electric will be holding an earnings conference call on Tuesday, February 21st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) posted its earnings results on Thursday, October, 28th. The industrial products company reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.02. The industrial products company earned $806.50 million during the quarter, compared to analyst estimates of $806.23 million. Lincoln Electric had a trailing twelve-month return on equity of 52.60% and a net margin of 11.91%. The firm's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 EPS.

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

Lincoln Electric declared a quarterly dividend on Tuesday, October 18th. Shareholders of record on Saturday, December 31st will be paid a dividend of $0.64 per share on Friday, January 13th. This represents a $2.56 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend is Thursday, December 29th. This is a boost from the stock's previous quarterly dividend of $0.56.
Read our dividend analysis for LECO
.

Is Lincoln Electric a good dividend stock?

Lincoln Electric (NASDAQ:LECO) pays an annual dividend of $2.56 per share and currently has a dividend yield of 1.59%. The company has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LECO will have a dividend payout ratio of 29.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LECO.

What is Christopher L. Mapes' approval rating as Lincoln Electric's CEO?

113 employees have rated Lincoln Electric Chief Executive Officer Christopher L. Mapes on Glassdoor.com. Christopher L. Mapes has an approval rating of 68% among the company'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 institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (1.23%), Comerica Bank (0.14%), State of Alaska Department of Revenue (0.13%), Massmutual Trust Co. FSB ADV (0.09%), Harel Insurance Investments & Financial Services Ltd. (0.09%) and Artemis Investment Management LLP (0.05%). Insiders that own company stock include Christopher L Mapes, Douglas S Lance, Gabriel Bruno, Geoffrey P Allman, Gregory Doria, Jennifer I Ansberry, Jennifer I Ansberry, Michael J Whitehead, Michele R Kuhrt, Steven B Hedlund, Steven B Hedlund and Thomas A Flohn.
View institutional ownership trends
.

How do I buy shares of Lincoln Electric?

Shares of LECO stock 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 $163.10.

How much money does Lincoln Electric make?

Lincoln Electric (NASDAQ:LECO) has a market capitalization of $9.42 billion and generates $3.23 billion in revenue each year. The industrial products company earns $276.47 million in net income (profit) each year or $7.43 on an earnings per share basis.

How many employees does Lincoln Electric have?

The company employs 11,000 workers across the globe.

Does Lincoln Electric have any subsidiaries?
The following companies are subsidiares of Lincoln Electric: 16280 23 Mile LLC, A. B. Arriendos S.A., Air Liquide, Askaynak, Baker Industries, CMC North Second Street LLC, Coldwater Machine Company LLC, Comptoir Lyonnais De Soudage, Ductil SA, Easom Automation Systems Inc., Electro - Arco, Europaische Holding Intercito GmbH, Hangzhou SAF Oerlikon Welding & Cutting Co. LTD. (China), Harris Calorific International Sp. z o.o., Harris Products, Inversiones LyL S.A., Invoatech Engineering, J.W. Harris Co. Inc., Kaynak Teknigi Sanayi ve Ticaret A.S., LE Torreon BCS S. de R.L. de C.V., Lincoln Canada Finance ULC, Lincoln Canada Holdings ULC, Lincoln Electric (Jinzhou) Welding Materials Co. Ltd., Lincoln Electric (Tangshan) Welding Materials Co. Ltd., Lincoln Electric (Thailand) Ltd., Lincoln Electric (U.K.) Ltd., Lincoln Electric Bester Sp. z o.o., Lincoln Electric Company (India) Private Limited, Lincoln Electric Company of Canada GP 2 Limited, Lincoln Electric Company of Canada LP, Lincoln Electric Cyprus Holdings LLC, Lincoln Electric Cyprus Limited, Lincoln Electric Dutch Holdings B.V., Lincoln Electric Europe B.V., Lincoln Electric France S.A.S., Lincoln Electric GmbH, Lincoln Electric Henan Investment Holdings LLC, Lincoln Electric Holdings S.ar.l., Lincoln Electric Iberia S.L., Lincoln Electric International Holding Company, Lincoln Electric Italia S.r.l., Lincoln Electric Japan K.K., Lincoln Electric Luxembourg Holdings S.ar.l, Lincoln Electric Luxembourg S.ar.l., Lincoln Electric Malaysia SDN BHD, Lincoln Electric Management (Shanghai) Co. Ltd., Lincoln Electric Manufactura S.A. de C.V., Lincoln Electric Maquinas S. de R.L. de C.V., Lincoln Electric Mexicana S.A. de C.V., Lincoln Electric Middle East FZE, Lincoln Electric North America Inc., Lincoln Electric Novo Holdings LLC, Lincoln Electric Portugal S.A., Lincoln Electric S.A., Lincoln Electric UK Holdings Limited, Lincoln Electric do Brasil Indústria e Comércio Ltda., Lincoln Global Holdings LLC, Lincoln Global Inc., Lincoln Luxembourg Holdings S.ar.l., Lincoln Maquila Principal LLC, Lincoln Maquinas Holdings LLC, Lincoln Mexico Holdings LLC, Lincoln Nanjing Holdings LLC, Lincoln Singapore Holdings LLC, Lincoln Smitweld B.V., Lincoln Soldaduras de Colombia Ltda., Messer Soldaduras, Metrode Products, Mezhgosmetiz – Mtsensk (MGM), Oerlikon Kaynak Elektrodlari Ve Sanayi Anonim Sirketi, Oerlikon Schweisstechnik GMBH, Overstreet-Hughes Company Inc. (“FTP”), PT Lincoln Electric Indonesia, PT Lincoln Indoweld, Performance Investment Group LLC, Prime Hold Co. LLC, Prime Investment Group II LLC, Prime Investment Group III LLC, Prime Investment Group IV LLC, Prime Investment Group LLC, Pro-Systems LLC, Realweld Systems, Rimrock Corporation, Rimrock Holdings Corporation, Robolution GmbH, SSCO Manufacturing, SSM RP Holding B.V., Shoals Tubular Inc. (“Shoals”), Smart Force LLC, Spawmet Sp. z.o.o, Specialised Welding Products Pty. Ltd., Techalloy Inc., Tennessee Rand Inc., Tenwell Development Pte. Ltd., The Lincoln Electric Company, The Lincoln Electric Company (Asia Pacific) Pte. Ltd., The Lincoln Electric Company (Australia) Proprietary Limited, The Lincoln Electric Company (New Zealand) Limited, The Lincoln Electric Company of South Africa (Pty) Ltd., The Lincoln Electric Heli (Zhengzhou) Welding Materials Company Ltd., The Lincoln Electric Welding Technology & Training Center LLC, The Nanjing Lincoln Electric Co. Ltd., The Shanghai Lincoln Electric Co. Ltd., Vernon Tool Company Ltd, Vizient Manufacturing Solutions Inc., Wayne Trail Technologies Inc., Weartech International Inc., Weartech International Limited, Welding Cutting Tools & Accessories LLC, Wolf Robotics LLC, Worthington, and Zeman Bauelemente.
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How can I contact Lincoln Electric?

Lincoln Electric's mailing address is 22801 ST CLAIR AVE, CLEVELAND OH, 44117. The official website for the company is www.lincolnelectric.com. The industrial products company can be reached via phone at (888) 935-3877, via email at amanda_butler@lincolnelectric.com, or via fax at 216-383-2699.

This page (NASDAQ:LECO) was last updated on 1/28/2023 by MarketBeat.com Staff