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