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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.