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Lincoln Electric (LECO) Competitors

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$204.05 +1.06 (+0.52%)
Closing price 04:00 PM Eastern
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$204.05 0.00 (0.00%)
As of 06:59 PM Eastern
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LECO vs. IR, XYL, DOV, SNA, PNR, GGG, IEX, WWD, NDSN, and ITT

Should you be buying Lincoln Electric stock or one of its competitors? The main competitors of Lincoln Electric include Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), Snap-on (SNA), Pentair (PNR), Graco (GGG), IDEX (IEX), Woodward (WWD), Nordson (NDSN), and ITT (ITT). These companies are all part of the "industrial machinery" industry.

Lincoln Electric vs.

Ingersoll Rand (NYSE:IR) and Lincoln Electric (NASDAQ:LECO) are both large-cap industrials companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, media sentiment, earnings, institutional ownership, community ranking, risk, analyst recommendations and valuation.

Ingersoll Rand pays an annual dividend of $0.08 per share and has a dividend yield of 0.1%. Lincoln Electric pays an annual dividend of $3.00 per share and has a dividend yield of 1.5%. Ingersoll Rand pays out 4.0% of its earnings in the form of a dividend. Lincoln Electric pays out 37.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Lincoln Electric has raised its dividend for 30 consecutive years. Lincoln Electric is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Ingersoll Rand presently has a consensus target price of $98.91, indicating a potential upside of 16.73%. Lincoln Electric has a consensus target price of $206.40, indicating a potential upside of 1.15%. Given Ingersoll Rand's stronger consensus rating and higher possible upside, analysts plainly believe Ingersoll Rand is more favorable than Lincoln Electric.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ingersoll Rand
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
Lincoln Electric
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

Ingersoll Rand received 284 more outperform votes than Lincoln Electric when rated by MarketBeat users. Likewise, 61.74% of users gave Ingersoll Rand an outperform vote while only 59.40% of users gave Lincoln Electric an outperform vote.

CompanyUnderperformOutperform
Ingersoll RandOutperform Votes
739
61.74%
Underperform Votes
458
38.26%
Lincoln ElectricOutperform Votes
455
59.40%
Underperform Votes
311
40.60%

95.3% of Ingersoll Rand shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 0.6% of Ingersoll Rand shares are owned by company insiders. Comparatively, 2.6% of Lincoln Electric shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Ingersoll Rand has a beta of 1.44, suggesting that its share price is 44% more volatile than the S&P 500. Comparatively, Lincoln Electric has a beta of 1.2, suggesting that its share price is 20% more volatile than the S&P 500.

In the previous week, Lincoln Electric had 3 more articles in the media than Ingersoll Rand. MarketBeat recorded 5 mentions for Lincoln Electric and 2 mentions for Ingersoll Rand. Lincoln Electric's average media sentiment score of 1.63 beat Ingersoll Rand's score of 1.09 indicating that Lincoln Electric is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ingersoll Rand
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Lincoln Electric
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Lincoln Electric has a net margin of 11.63% compared to Ingersoll Rand's net margin of 11.59%. Lincoln Electric's return on equity of 40.19% beat Ingersoll Rand's return on equity.

Company Net Margins Return on Equity Return on Assets
Ingersoll Rand11.59% 12.78% 7.45%
Lincoln Electric 11.63%40.19%15.20%

Ingersoll Rand has higher revenue and earnings than Lincoln Electric. Lincoln Electric is trading at a lower price-to-earnings ratio than Ingersoll Rand, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ingersoll Rand$7.28B4.69$838.60M$2.0241.95
Lincoln Electric$4.03B2.83$466.11M$8.1125.16

Summary

Ingersoll Rand beats Lincoln Electric on 12 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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LECO vs. The Competition

MetricLincoln ElectricMetalworking machinery & equipment IndustryIndustrials SectorNASDAQ Exchange
Market Cap$11.39B$5.44B$7.78B$8.66B
Dividend Yield1.54%161.77%4.57%4.19%
P/E Ratio25.0421.7224.3020.17
Price / Sales2.831.77103.87161.90
Price / Cash19.2816.5226.8934.64
Price / Book8.683.514.234.72
Net Income$466.11M$160.59M$808.62M$247.80M
7 Day Performance4.87%1.11%1.83%3.36%
1 Month Performance9.78%13.70%10.46%9.71%
1 Year Performance8.03%1.83%25.65%14.41%

Lincoln Electric Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LECO
Lincoln Electric
3.6685 of 5 stars
$204.05
+0.5%
$206.40
+1.2%
+8.3%$11.33B$4.03B25.0412,000Positive News
IR
Ingersoll Rand
3.8896 of 5 stars
$80.97
-0.8%
$98.91
+22.2%
-6.3%$32.67B$7.28B39.3117,000Positive News
XYL
Xylem
4.6923 of 5 stars
$125.73
-0.2%
$143.71
+14.3%
-7.0%$30.60B$8.60B34.3517,800Positive News
DOV
Dover
4.8706 of 5 stars
$175.95
-1.0%
$207.75
+18.1%
+1.9%$24.12B$7.73B9.0525,000Trending News
SNA
Snap-on
3.3033 of 5 stars
$316.53
-1.3%
$350.83
+10.8%
+19.6%$16.55B$4.67B16.2312,900
PNR
Pentair
4.7316 of 5 stars
$98.42
-0.8%
$107.14
+8.9%
+28.6%$16.19B$4.08B26.3211,200Positive News
GGG
Graco
3.5671 of 5 stars
$83.79
-1.0%
$93.00
+11.0%
+8.5%$14.00B$2.15B29.714,000Dividend Announcement
IEX
IDEX
4.4878 of 5 stars
$178.70
-1.2%
$212.50
+18.9%
-9.2%$13.50B$3.28B26.878,870
WWD
Woodward
4.3685 of 5 stars
$218.19
+0.9%
$204.75
-6.2%
+28.7%$12.95B$3.36B36.558,300Positive News
NDSN
Nordson
4.2086 of 5 stars
$212.18
+0.1%
$253.17
+19.3%
-3.0%$12.08B$2.70B26.997,330Positive News
Dividend Announcement
High Trading Volume
ITT
ITT
4.4092 of 5 stars
$149.39
-0.5%
$165.50
+10.8%
+18.5%$11.76B$3.63B23.7110,300Positive News

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This page (NASDAQ:LECO) was last updated on 6/10/2025 by MarketBeat.com Staff
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