S&P 500   4,295.56 (-0.04%)
DOW   34,096.93 (+0.54%)
QQQ   331.57 (-0.45%)
AAPL   172.38 (-0.47%)
MSFT   292.01 (-0.50%)
META   178.78 (-1.17%)
GOOGL   121.50 (-0.48%)
AMZN   144.36 (+0.82%)
TSLA   919.76 (-0.88%)
NVDA   188.50 (-0.96%)
NIO   20.83 (-2.21%)
BABA   92.76 (-1.53%)
AMD   99.92 (-1.08%)
MU   63.60 (-1.70%)
T   18.59 (+1.09%)
CGC   3.80 (-0.52%)
F   16.47 (+0.92%)
GE   80.73 (+1.15%)
DIS   125.31 (+0.85%)
AMC   25.10 (+3.68%)
PYPL   101.84 (+0.33%)
PFE   49.94 (+0.38%)
NFLX   245.78 (-1.34%)
S&P 500   4,295.56 (-0.04%)
DOW   34,096.93 (+0.54%)
QQQ   331.57 (-0.45%)
AAPL   172.38 (-0.47%)
MSFT   292.01 (-0.50%)
META   178.78 (-1.17%)
GOOGL   121.50 (-0.48%)
AMZN   144.36 (+0.82%)
TSLA   919.76 (-0.88%)
NVDA   188.50 (-0.96%)
NIO   20.83 (-2.21%)
BABA   92.76 (-1.53%)
AMD   99.92 (-1.08%)
MU   63.60 (-1.70%)
T   18.59 (+1.09%)
CGC   3.80 (-0.52%)
F   16.47 (+0.92%)
GE   80.73 (+1.15%)
DIS   125.31 (+0.85%)
AMC   25.10 (+3.68%)
PYPL   101.84 (+0.33%)
PFE   49.94 (+0.38%)
NFLX   245.78 (-1.34%)
S&P 500   4,295.56 (-0.04%)
DOW   34,096.93 (+0.54%)
QQQ   331.57 (-0.45%)
AAPL   172.38 (-0.47%)
MSFT   292.01 (-0.50%)
META   178.78 (-1.17%)
GOOGL   121.50 (-0.48%)
AMZN   144.36 (+0.82%)
TSLA   919.76 (-0.88%)
NVDA   188.50 (-0.96%)
NIO   20.83 (-2.21%)
BABA   92.76 (-1.53%)
AMD   99.92 (-1.08%)
MU   63.60 (-1.70%)
T   18.59 (+1.09%)
CGC   3.80 (-0.52%)
F   16.47 (+0.92%)
GE   80.73 (+1.15%)
DIS   125.31 (+0.85%)
AMC   25.10 (+3.68%)
PYPL   101.84 (+0.33%)
PFE   49.94 (+0.38%)
NFLX   245.78 (-1.34%)
S&P 500   4,295.56 (-0.04%)
DOW   34,096.93 (+0.54%)
QQQ   331.57 (-0.45%)
AAPL   172.38 (-0.47%)
MSFT   292.01 (-0.50%)
META   178.78 (-1.17%)
GOOGL   121.50 (-0.48%)
AMZN   144.36 (+0.82%)
TSLA   919.76 (-0.88%)
NVDA   188.50 (-0.96%)
NIO   20.83 (-2.21%)
BABA   92.76 (-1.53%)
AMD   99.92 (-1.08%)
MU   63.60 (-1.70%)
T   18.59 (+1.09%)
CGC   3.80 (-0.52%)
F   16.47 (+0.92%)
GE   80.73 (+1.15%)
DIS   125.31 (+0.85%)
AMC   25.10 (+3.68%)
PYPL   101.84 (+0.33%)
PFE   49.94 (+0.38%)
NFLX   245.78 (-1.34%)

Lincoln Electric - LECO Stock Forecast, Price & News

$147.42
-0.65 (-0.44%)
(As of 08/16/2022 02:57 PM ET)
Add
Compare
Today's Range
$147.00
$148.50
50-Day Range
$119.60
$148.07
52-Week Range
$118.17
$148.54
Volume
6,048 shs
Average Volume
244,907 shs
Market Capitalization
$8.54 billion
P/E Ratio
24.21
Dividend Yield
1.52%
Price Target
$147.60

Lincoln Electric MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
0.4% Downside
$147.60 Price Target
Short Interest
Bearish
2.42% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.14
Upright™ Environmental Score
News Sentiment
1.55mentions of Lincoln Electric in the last 14 days
Based on 4 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.

1.88 out of 5 stars

Industrial Products Sector

142nd out of 189 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.

Lincoln Electric Stock Up 0.5 %

LECO Stock traded up $0.77 during midday trading on Monday, reaching $148.07. The company had a trading volume of 180,153 shares, compared to its average volume of 278,496. The company has a 50 day moving average of $130.29 and a two-hundred day moving average of $130.88. The company has a current ratio of 1.62, a quick ratio of 0.91 and a debt-to-equity ratio of 0.78. Lincoln Electric has a 1 year low of $118.17 and a 1 year high of $148.54. The company has a market capitalization of $8.58 billion, a P/E ratio of 24.19, a PEG ratio of 1.20 and a beta of 1.16.

Lincoln Electric (NASDAQ:LECO - Get Rating) last released its quarterly earnings data on Thursday, July 28th. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.98 by $0.20. Lincoln Electric had a return on equity of 50.64% and a net margin of 10.15%. The firm had revenue of $969.59 million during the quarter, compared to analysts' expectations of $936.62 million. During the same quarter last year, the firm earned $1.67 earnings per share. The business's revenue for the quarter was up 17.3% on a year-over-year basis. On average, equities research analysts expect that Lincoln Electric will post 8.2 earnings per share for the current fiscal year.

Lincoln Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, September 30th will be given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Thursday, September 29th. Lincoln Electric's payout ratio is presently 36.78%.

Analyst Upgrades and Downgrades

Several research firms recently commented on LECO. Morgan Stanley increased their target price on shares of Lincoln Electric from $126.00 to $136.00 and gave the company an "equal weight" rating in a research note on Monday, August 1st. Stifel Nicolaus cut their target price on shares of Lincoln Electric from $134.00 to $122.00 in a research note on Monday, July 18th. StockNews.com raised shares of Lincoln Electric from a "buy" rating to a "strong-buy" rating in a research note on Monday, August 1st. Robert W. Baird increased their target price on shares of Lincoln Electric from $143.00 to $150.00 in a research note on Thursday, July 28th. Finally, Seaport Res Ptn restated a "neutral" rating on shares of Lincoln Electric in a research report on Monday, August 1st. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $147.60.

Receive LECO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lincoln Electric and its competitors with MarketBeat's FREE daily newsletter.

LECO Stock News Headlines

Lincoln Electric Q2 Profit Tops Estimates
Lincoln Electric Reports Second Quarter 2022 Results
See More Headlines
Receive LECO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lincoln Electric and its competitors with MarketBeat's FREE daily newsletter.

LECO Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Last Earnings
7/28/2022
Today
8/16/2022
Ex-Dividend for 10/14 Dividend
9/29/2022
Dividend Payable
10/14/2022
Next Earnings (Estimated)
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
+0.1%
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
$7.70 per share
Book Value
$14.63 per share

Miscellaneous

Free Float
56,089,000
Market Cap
$8.54 billion
Optionable
Optionable
Beta
1.16

Social Links















LECO Stock - Frequently Asked Questions

Should I buy or sell Lincoln Electric stock right now?

5 Wall Street 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 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 analysts have issued twelve-month price objectives for Lincoln Electric's stock. Their LECO share price forecasts range from $122.00 to $170.00. On average, they expect the company's share price to reach $147.60 in the next year. This suggests that the stock has a possible downside of 0.3%.
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 increased by 6.2% and is now trading at $148.07.
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 were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) issued its quarterly earnings data on Thursday, July, 28th. The industrial products company reported $2.18 earnings per share for the quarter, beating analysts' consensus estimates of $1.98 by $0.20. The industrial products company earned $969.59 million during the quarter, compared to analysts' expectations of $936.62 million. Lincoln Electric had a net margin of 10.15% and a trailing twelve-month return on equity of 50.64%. Lincoln Electric's revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.67 EPS.

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. Stockholders 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 annualized dividend and a yield of 1.51%. 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 1.52%. 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 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."

Who are Lincoln Electric's major shareholders?

Lincoln Electric's stock is owned by many different retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (5.28%), State Street Corp (5.00%), Victory Capital Management Inc. (3.05%), Keybank National Association OH (2.32%), William Blair Investment Management LLC (1.98%) and Boston Trust Walden Corp (1.30%). Insiders that own company stock include Christopher L Mapes, Douglas S Lance, Gabriel Bruno, Geoffrey P Allman, George D Blankenship, Jennifer I Ansberry, 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
.

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 $148.07.

How much money does Lincoln Electric make?

Lincoln Electric (NASDAQ:LECO) has a market capitalization of $8.58 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
When was Lincoln Electric founded?

Lincoln Electric was founded in 1895.

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 8/16/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.