Lincoln Electric Holdings, Inc. (LECO)

NASDAQ: LECO · Real-Time Price · USD
188.65
-1.21 (-0.64%)
Dec 30, 2024, 12:32 PM EST - Market open
-0.64%
Market Cap 10.64B
Revenue (ttm) 4.05B
Net Income (ttm) 482.52M
Shares Out 56.43M
EPS (ttm) 8.39
PE Ratio 22.48
Forward PE 21.04
Dividend $3.00 (1.59%)
Ex-Dividend Date Dec 31, 2024
Volume 65,404
Open 188.96
Previous Close 189.86
Day's Range 185.38 - 189.15
52-Week Range 169.51 - 261.13
Beta 1.17
Analysts Buy
Price Target 224.43 (+18.97%)
Earnings Date Feb 13, 2025

About LECO

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 brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joi... [Read more]

Sector Industrials
Founded 1895
Employees 12,000
Stock Exchange NASDAQ
Ticker Symbol LECO
Full Company Profile

Financial Performance

In 2023, Lincoln Electric Holdings's revenue was $4.19 billion, an increase of 11.44% compared to the previous year's $3.76 billion. Earnings were $545.25 million, an increase of 15.46%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for LECO stock is "Buy." The 12-month stock price forecast is $224.43, which is an increase of 18.97% from the latest price.

Price Target
$224.43
(18.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lincoln Electric Holdings: A Dividend Aristocrat To Add To Your Shopping List

Lincoln Electric Holdings, Inc. is a leader in the welding industry with a strong dividend growth profile and solid balance sheet, but currently appears slightly overvalued. Despite facing volatility ...

9 days ago - Seeking Alpha

Lincoln Electric: Unloved And Ripe To Buy

Lincoln Electric has exceptional returns on capital and a history of intelligent capital deployment. LECO's specialized market position and high operating margins provide a competitive edgr over peers...

5 weeks ago - Seeking Alpha

Lincoln Electric Holdings, Inc. (LECO) Q3 2024 Earnings Call Transcript

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Q3 2024 Earnings Call Transcript October 31, 2024 10:00 AM ET Company Participants Amanda Butler - VP of IR and Communications Steve Hedlund - President ...

2 months ago - Seeking Alpha

Lincoln Electric Reports Third Quarter 2024 Results

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported third quarter 2024 net income of $100.8 million, or diluted earnings per share (EPS) of...

2 months ago - Business Wire

Lincoln Electric Announces 5.6% Dividend Increase

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 5.6% increase in the quarterly cash dividend to $0.75 per ...

2 months ago - Business Wire

Lincoln Electric Announces Retirement of Executive Chair Christopher L. Mapes and Election of Steven B.

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq:LECO) today announced that Christopher L. Mapes, Executive Chair, will retire from his position as Executive ...

2 months ago - Business Wire

Top 50 High Quality Dividend Stocks - September 2024 Results

I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. September's performance: S...

3 months ago - Seeking Alpha

Lincoln Electric Schedules Webcast for Third Quarter 2024 Results

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its third quarter 2024 results on Thursday, October 31, 2024, pr...

3 months ago - Business Wire

Lincoln Electric: Back To Appealing Territory

Lincoln Electric is experiencing short-term challenges in the automation and the EV sector, but long-term trends in infrastructure and renewables remain sound. Despite a recent drop in the stock price...

4 months ago - Seeking Alpha

2 Undervalued Industrial Dividend Stocks For August 2024

LECO offers compelling long-term value with strong revenue and dividend growth, prudent resource allocation, and 29 year history of increasing dividends. SWK is undervalued post-transformation, with i...

Other symbols: SWK
4 months ago - Seeking Alpha

50 High Quality Dividend Stocks To Own For The Long Term

The High Quality Dividend Stock Investable Universe is a rules-based approach to finding the best dividend stocks to invest in. The universe is made up of 50 stocks with a focus on identifying compani...

4 months ago - Seeking Alpha

Lincoln Electric Announces September 2024 Events With the Financial Community

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced participation in the following upcoming events with the financial community in the month of September...

4 months ago - Business Wire

Lincoln Electric Named to Newsweek's America's Greatest Workplaces for Parents & Families 2024

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that it has been recognized as one of America's Greatest Workplaces for Parents & Fami...

5 months ago - Business Wire

Lincoln Electric Holdings, Inc. (LECO) Q2 2024 Earnings Call Transcript

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Amanda Butler - Vice President of Investor Relations & Communications Ste...

5 months ago - Seeking Alpha

Lincoln Electric Reports Second Quarter 2024 Results

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported second quarter 2024 net income of $101.7 million, or diluted earnings per share (EPS) o...

5 months ago - Business Wire

Lincoln Electric Acquires Vanair®

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric acquires Vanair to expand solutions serving the service truck sector and build upon equipment joint development initiatives.

5 months ago - Business Wire

Sila Realty Trust, Inc. to Report Second Quarter Financial Results on Tuesday, August 6

TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust, Inc. to Report Second Quarter Financial Results on Tuesday, August 6.

5 months ago - Business Wire

Lincoln Electric Board Declares Dividend

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable...

5 months ago - Business Wire

Lincoln Electric Awarded on TIME's America's Best Mid-Size Companies 2024 List

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) is pleased to announce that it has been awarded on TIME's inaugural list of America's Best Mid-Size C...

6 months ago - Business Wire

Lincoln Electric Schedules Webcast for Second Quarter 2024 Results

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its second quarter 2024 results on Wednesday, July 31, 2024, pri...

6 months ago - Business Wire

Lincoln Electric Dragged Down By Softening End-Markets (Rating Upgrade)

Lincoln Electric is facing near-term challenges due to economic uncertainty and market contraction, with virtually all of its major markets seeing some level of weakness. Despite an unexpected contrac...

6 months ago - Seeking Alpha

Lincoln Electric Named to Newsweek's America's Greatest Workplaces 2024

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that it has been recognized as one of America's Greatest Workplaces for 2024 by Newswe...

6 months ago - Business Wire

Lincoln Electric Completes $550 Million Private Placement of Senior Unsecured Notes and Related Refinancing Transactions

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric completes $550M senior unsecured notes. Proceeds will be used to repay its $400M term loan. Entered into a $1B revolver.

6 months ago - Business Wire

Lincoln Electric Awarded on the USA TODAY America's Best Climate Leaders 2024 List

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric is recognized as one of the USA TODAY America's Best Climate Leaders 2024 for its reduction in core emissions intensity.

7 months ago - Business Wire

Lincoln Electric to Present at the Stifel 2024 Cross Sector Insight Conference

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Steven B. Hedlund, President and Chief Executive Officer, will speak at the Stifel 2024 Cross Sec...

7 months ago - Business Wire