Lincoln Electric Holdings, Inc. (LECO)

NASDAQ: LECO · IEX Real-Time Price · USD
181.80
+6.55 (3.74%)
At close: Jun 2, 2023, 4:00 PM
182.66
+0.86 (0.47%)
After-hours: Jun 2, 2023, 5:24 PM EDT
3.74%
Market Cap 10.47B
Revenue (ttm) 3.88B
Net Income (ttm) 468.13M
Shares Out 57.57M
EPS (ttm) 8.01
PE Ratio 22.70
Forward PE 16.95
Dividend $2.56 (1.41%)
Ex-Dividend Date Jun 29, 2023
Volume 582,942
Open 176.88
Previous Close 175.25
Day's Range 176.46 - 182.29
52-Week Range 118.17 - 182.27
Beta 1.15
Analysts Buy
Price Target 178.83 (-1.63%)
Earnings Date Jul 27, 2023

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]

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

Financial Performance

In 2022, LECO's revenue was $3.76 billion, an increase of 16.30% compared to the previous year's $3.23 billion. Earnings were $472.22 million, an increase of 70.81%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for LECO stock is "Buy." The 12-month stock price forecast is $178.83, which is a decrease of -1.63% from the latest price.

Price Target
$178.83
(-1.63% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Lincoln Electric Awarded on the USA Today America's Climate Leaders 2023 List

CLEVELAND, May 25, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) is pleased to announce that it has been awarded on the USA Today list of America's Climate L...

1 week ago - GlobeNewsWire

Lincoln Electric Announces June 2023 Events With the Financial Community

CLEVELAND, May 22, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced participation in the following upcoming events in the month of June with the financial commu...

1 week ago - GlobeNewsWire

Lincoln Electric Acquires Powermig Automacão E Soldagem Ltda.

CLEVELAND, May 03, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired Powermig Automação e Soldagem Ltda. (“Powermig”), a privately held autom...

1 month ago - GlobeNewsWire
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Lincoln Electric To Present At The Oppenheimer 18th Annual Industrial Growth Conference

CLEVELAND, April 28, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the...

1 month ago - GlobeNewsWire

Lincoln Electric Reports First Quarter 2023 Results

CLEVELAND, April 27, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported first quarter 2023 net income of $121.9 million, or diluted earnings per sha...

1 month ago - GlobeNewsWire

Lincoln Electric Board Declares Dividend

CLEVELAND, April 18, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.64 per common sha...

1 month ago - GlobeNewsWire

Lincoln Electric Schedules Webcast for First Quarter 2023 Results

CLEVELAND, April 05, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its first quarter 2023 results on Thursday, April 27,...

2 months ago - GlobeNewsWire

Lincoln Electric Awarded on Newsweek's Most Trustworthy Companies in America 2023 List

CLEVELAND, March 29, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) (the “Company”) is pleased to announce that it has been recognized on Newsweek's list of Most Trustworthy ...

2 months ago - GlobeNewsWire
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Lincoln Electric Named by Ethisphere as One of the 2023 World's Most Ethical Companies® for the Fifth Time

Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance and governance practices Recognition honors companies demonstrating business integrity through be...

2 months ago - GlobeNewsWire

Lincoln Electric Reports Fourth Quarter and Full Year 2022 Results

CLEVELAND, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported fourth quarter 2022 net income of $109.1 million, or diluted earnings per sha...

3 months ago - GlobeNewsWire

Factbox: Potential winners and losers from the new U.S. EV charging standards

The Biden administration announced new standards for building out a national electric vehicle charging network on Wednesday as part of a push to accelerate the adoption of electric vehicles (EVs).

3 months ago - Reuters

Lincoln Electric to Present at the Barclays Industrial Select Conference

CLEVELAND, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the ...

4 months ago - GlobeNewsWire

Lincoln Electric Schedules Webcast for Fourth Quarter and Full Year 2022 Results

CLEVELAND, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) announced today that it will release its fourth quarter and full year 2022 results on Tuesda...

5 months ago - GlobeNewsWire
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Lincoln Electric Schedules 2023 Virtual Annual Meeting of Shareholders

CLEVELAND, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that the Company's 2023 Annual Meeting of Shareholders will be held as a vir...

5 months ago - GlobeNewsWire

Lincoln Electric Completes Acquisition of Fori Automation, LLC

CLEVELAND, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (NASDAQ: LECO) is pleased to announce that it has completed the previously announced acquisition of Fori Au...

6 months ago - GlobeNewsWire

Lincoln Electric Announces November 2022 Events With the Financial Community

CLEVELAND, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced participation in the following upcoming events with the financial community in the month of...

7 months ago - GlobeNewsWire

Lincoln Electric Reports Third Quarter 2022 Results

CLEVELAND, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported third quarter 2022 net income of $109.2 million, or diluted earnings per shar...

7 months ago - GlobeNewsWire

Lincoln Electric Named One of the 100 Best ESG Companies by Investor's Business Daily

Ranking recognizes companies with leading environmental, social and governance ratings, and strong stock performance Ranking recognizes companies with leading environmental, social and governance rati...

7 months ago - GlobeNewsWire

Lincoln Electric Board Approves 14.3% Dividend Increase

CLEVELAND, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 14.3% increase in the quarterly cash dividend, f...

8 months ago - GlobeNewsWire

Lincoln Electric Signs Definitive Agreement to Acquire Fori Automation, Inc.

Acquisition Will Accelerate the Automation Growth Strategy with New Complementary Capabilities, Expanded Scale and International Reach Acquisition Will Accelerate the Automation Growth Strategy with N...

8 months ago - GlobeNewsWire

Lincoln Electric to Host WorldSkills® International Competition 2022 Special Edition for Welding and for Construction Metal Work in Cleveland, Ohio

Events to draw over 135 competitors, experts and delegates representing more than 30 countries

8 months ago - GlobeNewsWire

Lincoln Electric Schedules Webcast for Third Quarter 2022 Results

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

8 months ago - GlobeNewsWire

5 Stocks Making the Most of Supply-Chain Issues

The economic banishment of all things Russian. Tariffs on Chinese imports.

Other symbols: AMATAMEDEUNP
9 months ago - Kiplinger

Lincoln Electric Announces September 2022 Events With the Financial Community

CLEVELAND, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced participation in the following upcoming events with the financial community in the month o...

9 months ago - GlobeNewsWire

Lincoln Electric Launches a DC Fast Charge Electric Vehicle Charger Initiative

Lincoln Electric's 50kW DC Fast Charger Architecture is Scalable to Over 300kW And is Manufactured in Ohio Lincoln Electric's 50kW DC Fast Charger Architecture is Scalable to Over 300kW And is Manufac...

9 months ago - GlobeNewsWire