NASDAQ:LECO

Lincoln Electric Stock Forecast, Price & News

$130.52
-0.64 (-0.49 %)
(As of 09/21/2021 04:00 PM ET)
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Today's Range
$129.81
$131.84
50-Day Range
$130.52
$142.60
52-Week Range
$86.88
$143.30
Volume181,903 shs
Average Volume231,669 shs
Market Capitalization$7.75 billion
P/E Ratio26.75
Dividend Yield1.56%
Beta1.17
30 days | 90 days | 365 days | Advanced Chart
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About Lincoln Electric

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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MarketRank

Overall MarketRank

2.46 out of 5 stars

Industrial Products Sector

68th out of 240 stocks

Metalworking Machinery & Equipment Industry

2nd out of 6 stocks

Analyst Opinion: 1.3Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
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Lincoln Electric (NASDAQ:LECO) Frequently Asked Questions

Is Lincoln Electric a buy right now?

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

What stocks does MarketBeat like better than Lincoln Electric?

Wall Street analysts have given Lincoln Electric a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lincoln Electric wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Lincoln Electric's next earnings date?

Lincoln Electric is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Lincoln Electric
.

How were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced its earnings results on Tuesday, July, 27th. The industrial products company reported $1.67 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.48 by $0.19. The industrial products company had revenue of $826.50 million for the quarter, compared to analyst estimates of $790.15 million. Lincoln Electric had a trailing twelve-month return on equity of 41.01% and a net margin of 9.97%. Lincoln Electric's quarterly revenue was up 39.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.80 earnings per share.
View Lincoln Electric's earnings history
.

How has Lincoln Electric's stock price been impacted by COVID-19?

Lincoln Electric's stock was trading at $71.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LECO stock has increased by 81.5% and is now trading at $130.52.
View which stocks have been most impacted by COVID-19
.

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

Lincoln Electric declared a quarterly dividend on Wednesday, April 21st. Investors of record on Wednesday, June 30th will be given a dividend of $0.51 per share on Thursday, July 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Tuesday, June 29th.
View Lincoln Electric's dividend history
.

Is Lincoln Electric a good dividend stock?

Lincoln Electric pays an annual dividend of $2.04 per share and currently has a dividend yield of 1.56%. Lincoln Electric does not yet have a strong track record of dividend growth. The dividend payout ratio of Lincoln Electric is 49.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lincoln Electric will have a dividend payout ratio of 30.09% next year. This indicates that Lincoln Electric will be able to sustain or increase its dividend.
View Lincoln Electric's dividend history.

What price target have analysts set for LECO?

7 equities research analysts have issued twelve-month price objectives for Lincoln Electric's shares. Their forecasts range from $102.00 to $155.00. On average, they anticipate Lincoln Electric's stock price to reach $134.00 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price.
View analysts' price targets for Lincoln Electric
or view top-rated stocks among Wall Street analysts.

Who are Lincoln Electric's key executives?

Lincoln Electric's management team includes the following people:
  • Christopher Lee Mapes, Chairman, President & Chief Executive Officer
  • Gabriel Bruno, Chief Financial Officer, Treasurer & Executive VP
  • Thomas Matthews, Senior VP-Technology, Research & Development
  • Anthony K. Battle, Chief Compliance Officer & SVP-Internal Audit
  • Michele R. Kuhrt, Chief Human Resources Officer & Executive VP

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

113 employees have rated Lincoln Electric CEO Christopher L. Mapes on Glassdoor.com. Christopher L. Mapes has an approval rating of 68% among Lincoln Electric's employees.

Who are some of Lincoln Electric's key competitors?

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), The Boeing (BA), NVIDIA (NVDA), Activision Blizzard (ATVI), Gilead Sciences (GILD), Intel (INTC), The 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 investors include Vanguard Group Inc. (9.81%), BlackRock Inc. (9.12%), JPMorgan Chase & Co. (6.32%), State Street Corp (4.61%), Victory Capital Management Inc. (2.43%) and Keybank National Association OH (2.31%). Company insiders that own Lincoln Electric stock include Christopher L Mapes, Douglas S Lance, Gabriel Bruno, Geoffrey P Allman, Jennifer I Ansberry, Michael J Whitehead, Michele R Kuhrt, Steven B Hedlund, Thomas A Flohn and Vincent K Petrella.
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 BlackRock Inc., JPMorgan Chase & Co., Principal Financial Group Inc., Millennium Management LLC, First Trust Advisors LP, Fisher Asset Management LLC, Keybank National Association OH, and Wells Fargo & Company MN. Company insiders that have sold Lincoln Electric company stock in the last year include Geoffrey P Allman, Jennifer I Ansberry, Michael J Whitehead, Steven B Hedlund, and Thomas A Flohn.
View insider buying and selling activity for Lincoln Electric
or view top insider-selling stocks.

Which institutional investors are buying Lincoln Electric stock?

LECO stock was acquired by a variety of institutional investors in the last quarter, including Bessemer Group Inc., State Street Corp, Victory Capital Management Inc., Balyasny Asset Management LLC, Vanguard Group Inc., Morgan Stanley, Morgan Stanley, and Boston Trust Walden Corp.
View insider buying and selling activity for Lincoln Electric
or or view top insider-buying stocks.

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 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 $130.52.

How much money does Lincoln Electric make?

Lincoln Electric has a market capitalization of $7.75 billion and generates $2.66 billion in revenue each year. The industrial products company earns $206.12 million in net income (profit) each year or $4.15 on an earnings per share basis.

How many employees does Lincoln Electric have?

Lincoln Electric employs 11,000 workers across the globe.

When was Lincoln Electric founded?

Lincoln Electric was founded in 1895.

What is Lincoln Electric's official website?

The official website for Lincoln Electric is www.lincolnelectric.com.

Where are Lincoln Electric's headquarters?

Lincoln Electric is headquartered at 22801 ST CLAIR AVE, CLEVELAND OH, 44117.

How can I contact Lincoln Electric?

Lincoln Electric's mailing address is 22801 ST CLAIR AVE, CLEVELAND OH, 44117. The industrial products company can be reached via phone at (888) 935-3877 or via email at [email protected].


This page was last updated on 9/21/2021 by MarketBeat.com Staff
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