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

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...

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...

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...

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...

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...

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,...

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 ...

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...

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...

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).

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

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

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...

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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...

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...