Lincoln Electric Holdings, Inc. (LECO)
NASDAQ: LECO · IEX Real-Time Price · USD
185.39
+0.90 (0.49%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Lincoln Electric Holdings Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for LECO stock have an average target of 223.38, with a low estimate of 170 and a high estimate of 265. The average target predicts an increase of 20.49% from the current stock price of 185.39.
Analyst Consensus: Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for LECO stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $285 → $265 | Strong Buy | Maintains | $285 → $265 | +42.94% | May 24, 2024 |
| Baird | Baird | Buy Maintains $252 → $236 | Buy | Maintains | $252 → $236 | +27.30% | May 24, 2024 |
| Keybanc | Keybanc | Buy Maintains $280 → $240 | Buy | Maintains | $280 → $240 | +29.46% | May 24, 2024 |
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 29, 2024 |
| Stifel | Stifel | Hold Maintains $241 → $238 | Hold | Maintains | $241 → $238 | +28.38% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
4.16B
from 4.19B
Decreased by -0.85%
Revenue Next Year
4.36B
from 4.16B
Increased by 4.79%
EPS This Year
9.30
from 9.37
Decreased by -0.75%
EPS Next Year
10.09
from 9.30
Increased by 8.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.5B | 4.8B | 4.8B | 5.1B | 5.3B |
| Avg | 4.2B | 4.4B | 4.5B | 4.8B | 5.2B |
| Low | 3.9B | 4.0B | 4.1B | 4.5B | 5.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.3% | 14.5% | 9.2% | 12.9% | 10.8% |
| Avg | -0.9% | 4.8% | 2.9% | 7.4% | 7.7% |
| Low | -6.9% | -3.5% | -5.5% | 1.0% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.21 | 11.19 | 11.95 | 13.40 | 14.32 |
| Avg | 9.30 | 10.09 | 10.60 | 12.08 | 13.91 |
| Low | 8.62 | 9.17 | 9.57 | 10.70 | 13.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.9% | 20.4% | 18.4% | 26.4% | 18.6% |
| Avg | -0.7% | 8.5% | 5.1% | 13.9% | 15.2% |
| Low | -8.0% | -1.3% | -5.1% | 0.9% | 10.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.