Lincoln Electric Holdings Inc

Lincoln Electric Holdings Inc Stock Forecast & Price Prediction

Live Lincoln Electric Holdings Inc Stock (LECO) Price
$210.53

13

Ratings

  • Buy 4
  • Hold 9
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$210.53

P/E Ratio

25.60

Volume Traded Today

$232,500

Dividend

$0.71

52 Week High/low

261.13/169.51

Lincoln Electric Holdings Inc Market Cap

$12.11B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $LECO ๐Ÿ›‘

Before you buy LECO you'll want to see this list of ten stocks that have huge potential. Want to see if LECO made the cut? Enter your email below

LECO Summary

The Lincoln Electric Holdings Inc (LECO) share price is expected to increase by 3.23% over the next year. This is based on calculating the average 12-month share price estimate provided by 13 stock analysts who have covered LECO. Price targets range from $174 at the low end to $255 at the high end. The current analyst consensus for LECO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

LECO Analyst Ratings

About 13 Wall Street analysts have assigned LECO 4 buy ratings, 9 hold ratings, and 0 sell ratings. This means that analysts expect Lincoln Electric Holdings Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LECO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

LECO stock forecast by analyst

These are the latest 20 analyst ratings of LECO.

Analyst/Firm

Rating

Price Target

Change

Date

Nathan Jones
Stifel

Hold

$185

Maintains

Oct 16, 2024
Mircea Dobre
Baird

Outperform

$212

Maintains

Sep 4, 2024
Mircea Dobre
Baird

Outperform

$220

Maintains

Aug 1, 2024

Barclays

Overweight


Maintains

Aug 1, 2024
Nathan Jones
Stifel

Hold

$213

Maintains

Jul 18, 2024
Mircea Dobre
Baird

Outperform

$236

Maintains

May 24, 2024
Chris Dankert
Loop Capital

Buy

$265

Maintains

May 24, 2024
Steve Barger
Keybanc

Overweight

$240

Maintains

May 24, 2024
Bryan Blair
Oppenheimer

Perform


Maintains

Apr 29, 2024
Nathan Jones
Stifel

Hold

$238

Maintains

Apr 26, 2024
Mircea Dobre
Baird

Outperform

$252

Maintains

Apr 26, 2024
Nathan Jones
Stifel

Hold

$241

Maintains

Apr 17, 2024
Nathan Jones
Stifel

Hold

$239

Maintains

Feb 16, 2024
Steve Barger
Keybanc

Overweight

$280

Maintains

Feb 16, 2024
Saree Boroditsky
Jefferies

Buy

$250

Maintains

Jan 11, 2024
Angel Castillo
Morgan Stanley

Underweight

$178

Initiates

Jan 8, 2024
Nathan Jones
Stifel

Hold

$208

Maintains

Dec 19, 2023
Walt Liptak
Seaport Global

Buy

$210

Upgrade

Oct 31, 2023
Nathan Jones
Stifel

Hold

$192

Maintains

Oct 30, 2023
Robert Jamieson
UBS

Sell

$170

Initiates

Sep 27, 2023

LECO Company Information

What They Do: Manufactures and sells welding and cutting products.

Business Model: The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It generates revenue by designing, manufacturing, and selling a wide range of welding, cutting, and brazing products directly to users, industrial distributors, and retailers, while also providing automated solutions and maintenance services across various industries.

Other Information: Founded in 1895 and headquartered in Cleveland, Ohio, the company serves diverse sectors including automotive, construction, and energy. It also engages in the retail business and produces specialized components for HVAC systems, highlighting its extensive market presence and product range.
LECO
Lincoln Electric Holdings Inc (LECO)

When did it IPO

1995

Staff Count

12,000

Country

United States

Sector/Industry

Industrials/Tools & Accessories

CEO

Mr. Steven B. Hedlund

Market Cap

$12.11B

Lincoln Electric Holdings Inc (LECO) Financial Data

In 2023, LECO generated $4.19B in revenue, which was a increase of 11.44% from the previous year. This can be seen as a signal that LECO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$2.66B

Revenue From 2021

$3.23B

21.80 %
From Previous Year

Revenue From 2022

$3.76B

16.30 %
From Previous Year

Revenue From 2023

$4.19B

11.44 %
From Previous Year
  • Revenue TTM $4.05B
  • Operating Margin TTM 16.9%
  • Gross profit TTM $1.47B
  • Return on assets TTM 12.4%
  • Return on equity TTM 37.6%
  • Profit Margin 11.9%
  • Book Value Per Share 23.73%
  • Market capitalisation $12.11B
  • Revenue for 2021 $3.23B
  • Revenue for 2022 $3.76B
  • Revenue for 2023 $4.19B
  • EPS this year (TTM) $8.38

Lincoln Electric Holdings Inc (LECO) Latest News

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Lincoln Electric Holdings, Inc. hosted its Q3 2024 earnings call on October 31, featuring executives and analysts from major financial firms discussing the company's performance.

Why It Matters - The earnings call indicates potential insights into Lincoln Electric's financial performance and strategic direction, influencing investor sentiment and stock price.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Lincoln Electric Holdings, Inc. reported Q3 2024 net income of $100.8 million ($1.77 EPS), down from $129.3 million ($2.22 EPS) a year earlier, impacted by higher special item charges.

Why It Matters - Lincoln Electric's Q3 2024 earnings reveal a decline in net income and EPS, indicating potential operational challenges and impacting investor confidence and stock performance.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Lincoln Electric's Q3 2024 performance metrics are available, with comparisons to Wall Street estimates and year-ago values suggested for investor analysis.

Why It Matters - Comparing Lincoln Electric's performance metrics to Wall Street estimates and previous year values provides insights into growth trends and potential investment risks or opportunities.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Lincoln Electric Holdings (LECO) reported quarterly earnings of $2.14 per share, surpassing the Zacks Consensus Estimate of $2.05, but down from $2.40 per share a year earlier.

Why It Matters - Lincoln Electric's earnings beat expectations, signaling strong performance. However, the year-over-year decline may raise concerns about growth sustainability, affecting investor confidence.

News Image

Thu, 24 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Lincoln Electric (LECO) may struggle to meet earnings expectations in its upcoming report due to lacking key performance factors. Investors should be cautious.

Why It Matters - Lincoln Electric's potential earnings miss could signal weakness in financial performance, impacting stock price and investor sentiment. Negative earnings news often leads to sell-offs.

News Image

Thu, 17 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Lincoln Electric Holdings, Inc. increased its quarterly cash dividend by 5.6% to $0.75 per share, payable on January 15, 2025, for shareholders on record by December 31, 2024.

Why It Matters - Lincoln Electric's 5.6% dividend increase signals strong financial health and effective strategy execution, potentially attracting income-focused investors and boosting stock demand.

...

LECO Frequently asked questions

The highest forecasted price for LECO is $255 from at .

The lowest forecasted price for LECO is $174 from from

The LECO analyst ratings consensus are 4 buy ratings, 9 hold ratings, and 0 sell ratings.