Lincoln Electric Holdings, Inc. (LECO)

Lincoln Electric Holdings Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for LECO stock have an average target of 217.56, with a low estimate of 170 and a high estimate of 265. The average target predicts an increase of 12.38% from the current stock price of 193.60.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$170	$217.56	$213	$265
Change	-12.19%	+12.38%	+10.02%	+36.88%

Analyst Ratings

The average analyst rating for LECO stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	2	3	3	3	3	3
Buy	3	2	2	2	3	3
Hold	3	2	2	2	2	2
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	10	9	9	9	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mircea Dobre Baird	Baird	Buy Maintains $220 → $212	Buy	Maintains	$220 → $212	+9.50%	Sep 4, 2024
Adam Seiden Barclays	Barclays	Buy Maintains $185 → $220	Buy	Maintains	$185 → $220	+13.64%	Aug 1, 2024
Mircea Dobre Baird	Baird	Buy Maintains $213 → $220	Buy	Maintains	$213 → $220	+13.64%	Aug 1, 2024
Nathan Jones Stifel	Stifel	Hold Maintains $209 → $213	Hold	Maintains	$209 → $213	+10.02%	Jul 18, 2024
Chris Dankert Loop Capital	Loop Capital	Strong Buy Maintains $285 → $265	Strong Buy	Maintains	$285 → $265	+36.88%	May 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.12B

Decreased by -1.64%

from 4.19B

Revenue Next Year

4.34B

Increased by 5.19%

from 4.12B

EPS This Year

9.16

Decreased by -2.20%

from 9.37

EPS Next Year

9.94

Increased by 8.52%

from 9.16

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.00B	2.66B	3.23B	3.76B	4.19B	4.12B	4.34B	4.53B
Revenue Growth	-0.84%	-11.58%	21.80%	16.30%	11.44%	-1.64%	5.19%	4.45%
EPS	4.68	3.42	4.60	8.04	9.37	9.16	9.94	10.63
EPS Growth	7.09%	-26.92%	34.50%	74.78%	16.54%	-2.20%	8.52%	6.92%
Forward PE	-	-	-	-	-	21.13	19.47	18.21
No. Analysts	-	-	-	-	-	14	15	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.3B	4.6B	4.9B
Avg	4.1B	4.3B	4.5B
Low	3.9B	4.0B	4.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	2.0%	11.5%	12.3%
Avg	-1.6%	5.2%	4.5%
Low	-6.8%	-2.8%	-4.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	9.70	10.83	11.81
Avg	9.16	9.94	10.63
Low	8.36	8.78	9.31

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	3.5%	18.1%	18.8%
Avg	-2.2%	8.5%	6.9%
Low	-10.8%	-4.2%	-6.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.