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Lincoln Electric Holdings (LECO)
NASDAQ:LECO
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LECO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$164.00 - $261.13
Previous Close$182.57
Volume186.61K
Average Volume (3M)331.66K
Market Cap
$10.35B
Enterprise Value$11.18B
Total Cash (Recent Filing)$272.67M
Total Debt (Recent Filing)$1.10B
Price to Earnings (P/E)20.9
Beta1.03
Next Earnings
Oct 24, 2024EPS Estimate
$2.14Next Dividend Ex-Date
Sep 30, 2024Dividend Yield1.5%
Share Statistics
EPS (TTM)8.84
Shares Outstanding56,675,255
10 Day Avg. Volume308,615
30 Day Avg. Volume331,659
Standard Deviation0.08
R-Squared0.60
Alpha0.00448
Financial Highlights & Ratios
Price to Book (P/B)7.88
Price to Sales (P/S)2.55
Price to Cash Flow (P/CF)15.30
P/FCF Ratio16.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.73
Enterprise Value/Gross Profit7.63
Enterprise Value/Ebitda20.04
Forecast
1Y Price Target
$219.43Price Target Upside20.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Lincoln Electric Holdings News
Bulls Say, Bears Say
Bulls Say
AcquisitionsTwo acquisitions, Vanair and Inrotech, together with RedViking, will add $175 million in sales.
Financial PerformanceLECO’s high multiple is driven by its superior cost management compared to peers.
ProfitabilityProfitability remains strong, guided around 17.5% for 2024.
Bears Say
CEO CommentsThe CEO's comments point to further demand softening which could result in lower volumes and margins.
Demand SofteningFurther demand softening through the remainder of the year would result in organic revenue decline in the mid-to-high-single-digit range and margin compression.
Production CutsOff-Highway OEM production cuts are expected to stretch through the first half of 2025, impacting the company's performance.
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Ownership Overview
2.41% Insiders
28.06% Mutual Funds
47.83% Other Institutional Investors
21.70% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LECO FAQ
What was Lincoln Electric Holdings’s price range in the past 12 months?
Lincoln Electric Holdings lowest stock price was $164.00 and its highest was $261.13 in the past 12 months.
What is Lincoln Electric Holdings’s market cap?
Currently, no data Available
When is Lincoln Electric Holdings’s upcoming earnings report date?
Lincoln Electric Holdings’s upcoming earnings report date is Oct 24, 2024 which is in 34 days.
How were Lincoln Electric Holdings’s earnings last quarter?
Lincoln Electric Holdings released its earnings results on Jul 31, 2024. The company reported $2.34 earnings per share for the quarter, beating the consensus estimate of $2.293 by $0.047.
Is Lincoln Electric Holdings overvalued?
According to Wall Street analysts Lincoln Electric Holdings’s price is currently Undervalued.
Does Lincoln Electric Holdings pay dividends?
Lincoln Electric Holdings pays a Quarterly dividend of $0.71 which represents an annual dividend yield of 1.5%. See more information on Lincoln Electric Holdings dividends here
What is Lincoln Electric Holdings’s EPS estimate?
Lincoln Electric Holdings’s EPS estimate is $2.14.
How many shares outstanding does Lincoln Electric Holdings have?
Lincoln Electric Holdings has 56,675,255 shares outstanding.
What happened to Lincoln Electric Holdings’s price movement after its last earnings report?
Lincoln Electric Holdings reported an EPS of $2.34 in its last earnings report, beating expectations of $2.293. Following the earnings report the stock price went down -2.87%.
Which hedge fund is a major shareholder of Lincoln Electric Holdings?
Among the largest hedge funds holding Lincoln Electric Holdings’s share is EdgePoint Investment Group Inc.. It holds Lincoln Electric Holdings’s shares valued at 518M.
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Lincoln Electric Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$219.43 (20.19% Upside)
$219.43 (20.19% Upside)
Blogger Sentiment
Bullish
LECO Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 877.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $193.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.21%
12-Months-Change
Fundamentals
Return on Equity
40.66%
Trailing 12-Months
Asset Growth
3.14%
Trailing 12-Months
Company Description
Lincoln Electric Holdings
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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LECO Company Deck
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LECO Earnings Call
Q2 2024
0:00 / 0:00
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LECO Stock 12 Month Forecast
Average Price Target
$219.43
▲(20.19% Upside)
Technical Analysis
Best Analysts Covering LECO
1 Year
1 Year Success Rate
19/27 ratings generated profit
1 Year Average Return
+16.14%
assigned a buy rating 16 days ago
Copying Mircea Dobre's trades and holding each position for 1 Year would result in 70.37% of your transactions generating a profit, with an average return of +16.14% per trade.
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