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S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
Free Webinar | October 11: How to Break Barriers
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Rivian Checks Off Boxes, But Still Needs a Lot to Go Right
Live Updates: Russia-Ukraine War
Rare Biden-Trump Alliance to Trigger Boom in US Lithium (Ad)
Too Soon: 3 Reasons to Wait on DocuSign Stock
OPEC+ makes big oil cut to boost prices; pump costs may rise
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Hot Potato: Lamb Weston Stock Confirms a Top 
3 Alzheimer Stocks to Buy as the Race for a Cure Heats Up
S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
Free Webinar | October 11: How to Break Barriers
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Rivian Checks Off Boxes, But Still Needs a Lot to Go Right
Live Updates: Russia-Ukraine War
Rare Biden-Trump Alliance to Trigger Boom in US Lithium (Ad)
Too Soon: 3 Reasons to Wait on DocuSign Stock
OPEC+ makes big oil cut to boost prices; pump costs may rise
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Hot Potato: Lamb Weston Stock Confirms a Top 
3 Alzheimer Stocks to Buy as the Race for a Cure Heats Up
S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
Free Webinar | October 11: How to Break Barriers
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Rivian Checks Off Boxes, But Still Needs a Lot to Go Right
Live Updates: Russia-Ukraine War
Rare Biden-Trump Alliance to Trigger Boom in US Lithium (Ad)
Too Soon: 3 Reasons to Wait on DocuSign Stock
OPEC+ makes big oil cut to boost prices; pump costs may rise
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Hot Potato: Lamb Weston Stock Confirms a Top 
3 Alzheimer Stocks to Buy as the Race for a Cure Heats Up
NASDAQ:LECO

Lincoln Electric - LECO Stock Forecast, Price & News

$130.10
-0.08 (-0.06%)
(As of 10/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$129.24
$131.65
50-Day Range
$125.70
$148.07
52-Week Range
$118.17
$148.54
Volume
300,439 shs
Average Volume
284,244 shs
Market Capitalization
$7.54 billion
P/E Ratio
21.36
Dividend Yield
1.72%
Price Target
$147.60

Lincoln Electric MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
13.5% Upside
$147.60 Price Target
Short Interest
Bearish
2.23% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.14
Upright™ Environmental Score
News Sentiment
0.54mentions of Lincoln Electric in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.49%
From $8.20 to $8.65 Per Share

Overall MarketRank

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

2.07 out of 5 stars

Industrial Products Sector

91st out of 178 stocks

Metalworking Machinery & Equipment Industry

3rd out of 4 stocks

LECO stock logo

About Lincoln Electric (NASDAQ:LECO) Stock

Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It 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. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Further, the company manufactures copper and aluminum headers, distributor assemblies, and manifolds for the heating, ventilation, and air conditioning sector in the United States and Mexico. The company serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. The company was founded in 1895 and is headquartered in Cleveland, Ohio.

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LECO Stock News Headlines

A Potential Fintech Unicorn
This stock weathered the digital currency downturn and still has huge potential.
A Potential Fintech Unicorn
This stock weathered the digital currency downturn and still has huge potential.
See More Headlines
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LECO Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Last Earnings
7/28/2022
Ex-Dividend for 10/14 Dividend
9/29/2022
Today
10/06/2022
Dividend Payable
10/14/2022
Next Earnings (Confirmed)
10/27/2022
Fiscal Year End
12/31/2022

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
$147.60
High Stock Price Forecast
$170.00
Low Stock Price Forecast
$122.00
Forecasted Upside/Downside
+13.5%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$276.47 million
Pretax Margin
12.11%

Debt

Sales & Book Value

Annual Sales
$3.23 billion
Cash Flow
$7.69 per share
Book Value
$14.63 per share

Miscellaneous

Free Float
56,089,000
Market Cap
$7.54 billion
Optionable
Optionable
Beta
1.13

Social Links


Key Executives

  • Mr. Christopher L. MapesMr. Christopher L. Mapes (Age 60)
    Chairman, Pres & CEO
    Comp: $3.81M
  • Mr. Gabriel Bruno (Age 54)
    Exec. VP, CFO & Treasurer
    Comp: $1.26M
  • Mr. Steven B. HedlundMr. Steven B. Hedlund (Age 55)
    Exec. VP & COO
    Comp: $1.32M
  • Ms. Jennifer I. AnsberryMs. Jennifer I. Ansberry (Age 48)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $1.07M
  • Ms. Michele R. KuhrtMs. Michele R. Kuhrt (Age 55)
    Exec. VP & Chief HR Officer
    Comp: $1.07M
  • Ms. Lisa A. Dietrich
    Exec. VP & Chief Information Officer
  • Ms. Amanda H. Butler
    VP of Investor Relations & Communications
  • Mr. Michael S. Mintun (Age 59)
    Sr. VP of Sales
  • Mr. Michael J. WhiteheadMr. Michael J. Whitehead (Age 48)
    Sr. VP and Pres of Global Automation, Cutting & Additive Bus.es
  • Mr. Thomas A. FlohnMr. Thomas A. Flohn (Age 61)
    Sr. VP & Pres of International Welding













LECO Stock - Frequently Asked Questions

Should I buy or sell Lincoln Electric stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 2022?

5 Wall Street analysts have issued 12 month price targets for Lincoln Electric's shares. Their LECO share price forecasts range from $122.00 to $170.00. On average, they expect the company's stock price to reach $147.60 in the next year. This suggests a possible upside of 13.5% from the stock's current price.
View analysts price targets for LECO
or view top-rated stocks among Wall Street analysts.

How have LECO shares performed in 2022?

Lincoln Electric's stock was trading at $139.47 at the beginning of 2022. Since then, LECO stock has decreased by 6.7% and is now trading at $130.10.
View the best growth stocks for 2022 here
.

When is Lincoln Electric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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 Thursday, October 27th 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) released its earnings results on Thursday, July, 28th. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.99 by $0.19. The industrial products company earned $969.59 million during the quarter, compared to analysts' expectations of $936.62 million. Lincoln Electric had a trailing twelve-month return on equity of 50.64% and a net margin of 10.15%. Lincoln Electric's quarterly revenue was up 17.3% compared to the same quarter last year. During the same period last year, the business posted $1.67 earnings per share.

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

Lincoln Electric declared a quarterly dividend on Wednesday, July 20th. Shareholders of record on Friday, September 30th will be given a dividend of $0.56 per share on Friday, October 14th. This represents a $2.24 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for LECO
.

Is Lincoln Electric a good dividend stock?

Lincoln Electric (NASDAQ:LECO) pays an annual dividend of $2.24 per share and currently has a dividend yield of 1.72%. The company has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 36.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LECO will have a dividend payout ratio of 25.90% 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."

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 $130.10.

How much money does Lincoln Electric make?

Lincoln Electric (NASDAQ:LECO) has a market capitalization of $7.54 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 $6.09 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.
Read More
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 10/6/2022 by MarketBeat.com Staff

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