Lincoln Electric Holdings, Inc, through its subsidiaries, designs, manufactures, and sells welding, cutting, and brazing products worldwide. It operates through three segments: Americas Welding, International Welding, and The Harris Products Group. The company offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products.
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Industry, Sector and Symbol
Industry Metalworking machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Phone216-481-8100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.03 billion
Profitability
Miscellaneous
Employees11,000
Next Earnings Date10/24/2019 (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 Thursday, July 18th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.47 per share on Tuesday, October 15th. This represents a $1.88 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Friday, September 27th. 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 Tuesday, July, 23rd. The industrial products company reported $1.28 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.30 by $0.02. The industrial products company earned $777.01 million during the quarter, compared to the consensus estimate of $786.03 million. Lincoln Electric had a return on equity of 36.16% and a net margin of 10.42%. The business's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.22 EPS. View Lincoln Electric's Earnings History.
When is Lincoln Electric's next earnings date?
What price target have analysts set for LECO?
9 brokerages have issued 12-month target prices for Lincoln Electric's shares. Their predictions range from $80.00 to $111.00. On average, they expect Lincoln Electric's share price to reach $96.6250 in the next year. This suggests a possible upside of 9.5% 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?
News headlines about LECO stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Lincoln Electric earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Lincoln Electric.
Are investors shorting Lincoln Electric?
Lincoln Electric saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 2,100,400 shares, a decline of 9.2% from the July 31st total of 2,312,300 shares. Based on an average daily volume of 388,700 shares, the short-interest ratio is presently 5.4 days. Currently, 3.5% 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 Stanley Black & Decker (SWK), Komatsu (KMTUY), SANDVIK AB/ADR (SDVKY), Kubota (KUBTY), Rockwell Automation (ROK), BAE Systems (BA), Ferguson (FERGY), W W Grainger (GWW), Rolls-Royce (RR), Dover (DOV), ASHTEAD GRP PLC/ADR (ASHTY), Xylem (XYL), Mitsubishi Heavy Industries (MHVYF), Tenaris (TS) and IDEX (IEX).
What other stocks do shareholders of Lincoln Electric own?
Who are Lincoln Electric's key executives?
Lincoln Electric's management team includes the folowing people:
- Mr. Christopher L. Mapes, Chairman, Pres & CEO (Age 57)
- Mr. Vincent K. Petrella, Exec. VP, CFO & Treasurer (Age 59)
- Ms. Jennifer I. Ansberry, Exec. VP, Gen. Counsel & Sec. (Age 45)
- Mr. George D. Blankenship, Exec. VP & Pres of Americas Welding (Age 56)
- Mr. Steven B. Hedlund, Exec. VP & Pres of International Welding (Age 52)
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 Vanguard Group Inc. (9.77%), BlackRock Inc. (9.69%), BlackRock Inc. (9.69%), Atria Investments LLC (4.03%), Atria Investments LLC (4.03%) and JPMorgan Chase & Co. (2.72%). Company insiders that own Lincoln Electric stock include Christopher L Mapes, G Russell Lincoln, Geoffrey P Allman, George D Blankenship, Hellene S Runtagh, Kathryn Jo Lincoln, Michael Mintun 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 WINTON GROUP Ltd, Vanguard Group Inc., Northern Trust Corp, First Trust Advisors LP, BlackRock Inc., BlackRock Inc., Jacobs Levy Equity Management Inc. and EULAV Asset Management. Company insiders that have sold Lincoln Electric company stock in the last year include Christopher L Mapes, Geoffrey P Allman, George D Blankenship, Hellene S Runtagh and Michael Mintun. View Insider Buying and Selling for Lincoln Electric.
Which institutional investors are buying Lincoln Electric stock?
LECO stock was acquired by a variety of institutional investors in the last quarter, including Atria Investments LLC, Atria Investments LLC, JPMorgan Chase & Co., TimesSquare Capital Management LLC, Schroder Investment Management Group, Nuveen Asset Management LLC, Point72 Asset Management L.P. and Janus Henderson Group PLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Lincoln Electric's stock price today?
One share of LECO stock can currently be purchased for approximately $88.23.
How big of a company is Lincoln Electric?
Lincoln Electric has a market capitalization of $5.45 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.View Additional Information About Lincoln Electric.
What is Lincoln Electric's official website?
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)
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.
