Lincoln Electric Holdings, Inc. (LECO)
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]
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 StatementsAnalyst 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.
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 ...
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...
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 ...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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.
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...
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...
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...
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...
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...
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.
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.
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...