Lincoln Electric Holdings, Inc. (LECO)
| Market Cap | 13.15B |
| Revenue (ttm) | 4.13B |
| Net Income (ttm) | 546.73M |
| Shares Out | 56.91M |
| EPS (ttm) | 9.42 |
| PE Ratio | 24.45 |
| Forward PE | 22.77 |
| Dividend | $2.84 (1.23%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 115,995 |
| Open | 230.16 |
| Previous Close | 229.46 |
| Day's Range | 229.96 - 231.76 |
| 52-Week Range | 164.00 - 261.13 |
| Beta | 1.24 |
| Analysts | Hold |
| Price Target | 213.33 (-7.74%) |
| Earnings Date | Apr 25, 2024 |
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 brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joi... [Read more]
Financial Performance
In 2023, LECO's revenue was $4.19 billion, an increase of 11.44% compared to the previous year's $3.76 billion. Earnings were $545.25 million, an increase of 15.46%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for LECO stock is "Hold." The 12-month stock price forecast is $213.33, which is a decrease of -7.74% from the latest price.
News
Lincoln Electric Announces May 2024 Events with the Financial Community
CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced its participation in the following upcoming events with the financial community in the month of May: ...
Lincoln Electric Reports First Quarter 2024 Results
CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric reports Q1 2024 results. $981 million in net sales with record adjusted EPS of $2.23 and record $133 million in cash flows.
Lincoln Electric Board Declares Dividend
CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric's Board of Directors declares a quarterly cash dividend.
Lincoln Electric Appoints Susan C. Edwards as Chief Human Resources Officer
CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric appoints Susan Edwards as SVP, CHRO, effective April 8, 2024.
Lincoln Electric Appoints Michele R. Kuhrt as Chief Transformation Officer
CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric appoints Michele Kuhrt as Chief Transformation Officer to lead initiatives to accelerate business process standardization.
Lincoln Electric Schedules Webcast for First Quarter 2024 Results
CLEVELAND--(BUSINESS WIRE)-- #weldred--Lincoln Electric schedules its first quarter 2024 earnings release and webcast for Thursday, April 25, 2024.
Lincoln Electric Acquires RedViking®
CLEVELAND--(BUSINESS WIRE)-- #weldred--Lincoln Electric acquires RedViking to expand its industry-leading automation solutions.
Ethisphere Names Lincoln Electric as One of the 2024 World's Most Ethical Companies® for the Sixth Time
Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs Annual recognition highlights organizat...
Lincoln Electric Reports Fourth Quarter and Full Year 2023 Results
CLEVELAND, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported fourth quarter 2023 net income of $156.6 million, or diluted earnings per sha...
Lincoln Electric to Present at the Barclays 41st Industrials Select Conference
CLEVELAND, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Steven B. Hedlund, President and Chief Executive Officer and Gabriel Bruno, Executive V...
Lincoln Electric Schedules Webcast for Fourth Quarter and Full Year 2023 Results
CLEVELAND, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its fourth quarter and full year 2023 results on Thurs...
Lincoln Electric Schedules 2024 Virtual Annual Meeting of Shareholders
CLEVELAND, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that the Company's 2024 Annual Meeting of Shareholders will be held as a vir...
Lincoln Electric Named to Newsweek's 2024 Ranking of America's Most Responsible Companies
CLEVELAND, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce that is has been named to Newsweek's list of America's Most Responsible Companies 20...
Lincoln Electric Launches Velion™ DC Fast Charger for Electric Vehicles
Redefining the Reliability of EV Charging CLEVELAND , Dec. 1, 2023 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (NASDAQ: LECO) (the "Company") introduces the Velion™ DC Fast Charger for Electric Ve...
Lincoln Electric Appoints J. Ashley Hall as Senior Vice President, Global Procurement
CLEVELAND, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”), announced today that J. Ashley Hall has joined the Company to serve as Senior Vice President, G...
Lincoln Electric Reports Third Quarter 2023 Results
Third Quarter 2023 Highlights Net sales increase 10.5% to record $1,033 million Operating income margin of 16.6%; Record adjusted operating income margin of 17.7% Record EPS of $2.22; Record adjusted ...
Lincoln Electric Elects Marc A. Howze to Its Board of Directors
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/56a01af6-4dba-4eaa-9ad0-0ba298ea818a
Lincoln Electric Announces 11% Dividend Increase
CLEVELAND, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend, fr...
Lincoln Electric Schedules Webcast For Third Quarter 2023 Results
CLEVELAND, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its third quarter 2023 results on Friday, October 27,...
Lincoln Electric Named to Newsweek's America's Greenest Companies 2024 Ranking
CLEVELAND, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce today that is has been recognized as one of America's Greenest Companies 2024 by Ne...
Lincoln Electric To Host The CharIN Testival North America 2023 Event
Lincoln Electric to host CharIN's Testival North America 2023 event at Lincoln's Cleveland, Ohio campus and showcase its new Velion 150kW DC fast charger.
Lincoln Electric Receives Initial Order for Its VelionTM DC Fast Charger for Electric Vehicles
CLEVELAND, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) is pleased to announce that it has received an initial order to supply four VelionTM 150kW...
Lincoln Electric Named One of the World's Most Trustworthy Companies of 2023 by Newsweek
CLEVELAND, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce that it has been recognized as one of the World's Most Trustworthy Companies of 202...
Lincoln Electric Announces September 2023 Events With the Financial Community
CLEVELAND, Aug. 28, 2023 (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 Second Quarter 2023 Results
CLEVELAND, July 27, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported second quarter 2023 net income of $137.3 million, or diluted earnings per sha...