Lincoln Electric Holdings, Inc. (LECO)

NASDAQ: LECO · Real-Time Price · USD
200.01
-3.09 (-1.52%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-1.52%
Market Cap 11.34B
Revenue (ttm) 4.09B
Net Income (ttm) 511.11M
Shares Out 56.68M
EPS (ttm) 8.85
PE Ratio 22.61
Forward PE 22.54
Dividend $3.00 (1.50%)
Ex-Dividend Date Dec 31, 2024
Volume 320,975
Open 202.30
Previous Close 203.10
Day's Range 198.33 - 203.83
52-Week Range 164.00 - 261.13
Beta 1.15
Analysts Buy
Price Target 220.00 (+10.0%)
Earnings Date Oct 31, 2024

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 9 analysts, the average rating for LECO stock is "Buy." The 12-month stock price forecast is $220.0, which is an increase of 10.00% from the latest price.

Price Target
$220.0
(10.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

4 days 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 ...

11 days 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...

18 days 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...

20 days 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...

6 weeks 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
7 weeks 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...

7 weeks 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...

2 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...

2 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...

2 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...

2 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.

2 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.

3 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...

3 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...

3 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...

3 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...

4 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...

4 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.

4 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.

5 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...

5 months ago - Business Wire

Lincoln Electric Announces May 2024 Events with the Financial Community

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

6 months ago - Business Wire

Lincoln Electric Holdings Inc. (LECO) Q1 2024 Earnings Call Transcript

Lincoln Electric Holdings Inc. (NASDAQ:LECO) Q1 2024 Results Conference Call April 25, 2024 10:00 AM ET Company Participants Amanda Butler - Vice President of Investor Relations & Communications Stev...

6 months ago - Seeking Alpha

Lincoln Electric Reports First Quarter 2024 Results

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric reports Q1 2024 results. $981 million in net sales with record adjusted EPS of $2.23 and record $133 million in cash flows.

6 months ago - Business Wire

Lincoln Electric Appoints Susan C. Edwards as Chief Human Resources Officer

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric appoints Susan Edwards as SVP, CHRO, effective April 8, 2024.

7 months ago - Business Wire