Lincoln Electric Holdings, Inc. (LECO)

NASDAQ: LECO · IEX Real-Time Price · USD
125.78
+4.01 (3.29%)
Jun 24, 2022 4:00 PM EDT - Market closed
3.29%
Market Cap 7.37B
Revenue (ttm) 3.40B
Net Income (ttm) 328.32M
Shares Out 58.62M
EPS (ttm) 5.49
PE Ratio 22.91
Forward PE 15.92
Dividend $2.19 (1.74%)
Ex-Dividend Date Jun 29, 2022
Volume 452,053
Open 123.02
Previous Close 121.77
Day's Range 122.49 - 125.80
52-Week Range 120.35 - 148.54
Beta 1.15
Analysts Buy
Price Target 156.64 (+24.5%)
Earnings Date Jul 26, 2022

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 welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and f... [Read more...]

Industry Machinery
Founded 1895
CEO Christopher Mapes
Employees 11,000
Stock Exchange NASDAQ
Ticker Symbol LECO
Full Company Profile

Financial Performance

In 2021, LECO's revenue was $3.23 billion, an increase of 21.80% compared to the previous year's $2.66 billion. Earnings were $276.47 million, an increase of 34.13%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for LECO stock is "Buy." The 12-month stock price forecast is 156.64, which is an increase of 24.53% from the latest price.

Price Target
$156.64
(24.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lincoln Electric (LECO) Rides on Solid Demand & Acquisitions

Lincoln Electric (LECO) will gain from strong demand trends, acquisitions and innovative product launches.

3 Manufacturing Tools Stocks to Watch Amid Industry Challenges

The Zacks Manufacturing-Tools & Related Products industry witnesses pandemic-led supply-side challenges, inflationary pressures and a shortage of skilled workers. Backed by end-market strength, LECO, KM...

Other symbols: EPACKMT

Has Lincoln Electric (LECO) Outpaced Other Industrial Products Stocks This Year?

Here is how Lincoln Electric Holdings (LECO) and Myers (MYE) have performed compared to their sector so far this year.

What Makes Lincoln Electric (LECO) a New Strong Buy Stock

Lincoln Electric (LECO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Here is Why Growth Investors Should Buy Lincoln Electric (LECO) Now

Lincoln Electric (LECO) could produce exceptional returns because of its solid growth attributes.

Lincoln Electric Announces June 2022 Events with the Financial Community

CLEVELAND, May 23, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced participation in the following upcoming events in the month of June with the financial community:

4 Top Momentum Stocks to Invest In Using Driehaus Strategy

Stocks like Archer Daniels Midland (ADM), Ryerson (RYI), Veritiv (VRTV) and Lincoln Electric (LECO) have been selected as the momentum picks for the day using the Driehaus strategy.

Other symbols: ADMRYIVRTV

Steven B. Hedlund Promoted to Chief Operating Officer at Lincoln Electric

CLEVELAND, May 09, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (NASDAQ: LECO) today announced that Steven B. Hedlund has been promoted to Chief Operating Officer (COO), effe...

Lincoln Electric Names Lisa A. Dietrich as Executive Vice President, Chief Information Officer

CLEVELAND, May 09, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (NASDAQ: LECO) today announced that Lisa A. Dietrich has been named as Lincoln Electric's Executive Vice Presi...

Lincoln Electric Appoints Michelle N. Butler as Vice President, Environmental, Health and Safety (EHS) & Sustainability

CLEVELAND, May 05, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (NASDAQ: LECO) today announced that Michelle N. Butler has been appointed Vice President, Environmental, Healt...

Why Lincoln Electric (LECO) Might be Well Poised for a Surge

Lincoln Electric (LECO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Lincoln Electric (LECO) Q1 Earnings Beat Estimates, Shares Up

Lincoln Electric (LECO) delivers record sales in Q1, courtesy of organic growth of 22% and acquisitions.

Lincoln Electric Holdings (LECO) Surpasses Q1 Earnings and Revenue Estimates

Lincoln Electric (LECO) delivered earnings and revenue surprises of 28.83% and 7.02%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Lincoln Electric Reports First Quarter 2022 Results

CLEVELAND, April 28, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported first quarter 2022 net income of $126.0 million, or diluted earnings per share...

Lincoln Electric Works With Chevron to Accelerate Refinery Maintenance Using Lincoln Electric's 3D Metal Printing Sol...

Lincoln Electric's additive manufacturing solution delivers parts in 30 days Lincoln Electric's additive manufacturing solution delivers parts in 30 days

Lincoln Electric to Present at the Oppenheimer 17th Annual Industrial Growth Conference

CLEVELAND, April 25, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the O...

Lincoln Electric Holdings (LECO) Reports Next Week: Wall Street Expects Earnings Growth

Lincoln Electric (LECO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lincoln Electric Board Declares Dividend

CLEVELAND, April 20, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.56 per common share...

Lincoln Electric Holdings (LECO) is a Top-Ranked Growth Stock: Should You Buy?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why Lincoln Electric Holdings (LECO) is a Strong Value Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Lincoln Electric Schedules Webcast For First Quarter 2022 Results

CLEVELAND, March 31, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its first quarter 2022 results on Thursday, April 28, 2...

10 New Stocks to Buy Now for March 2022

These are the best ten stocks to invest in now. EBAY, DLR, UPST, and LECO can make great investments for your portfolio during this time.

Lincoln Electric (LECO) Buys Kestra, Expand Specialty Alloys

Lincoln Electric's (LECO) latest buyout will expand its specialty alloys portfolio and services and strengthen its 2025 Higher Standard strategy in South America.

Lincoln Electric Acquires Kestra Universal Soldas, Indústria e Comércio, Importação e Exportação Ltda.

CLEVELAND, March 01, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired Kestra Universal Soldas, Indústria e Comércio, Importação e Exportação L...

Brian D. Chambers Elected to Lincoln Electric Board

CLEVELAND, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that Brian D. Chambers, 55, Chair and Chief Executive Officer of Owens Corning (NYSE: OC), ha...