Lincoln Electric Holdings, Inc. (LECO)
NASDAQ: LECO · IEX Real-Time Price · USD
227.65
+0.68 (0.30%)
May 20, 2024, 10:30 AM EDT - Market open
Lincoln Electric Holdings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for LECO stock have an average target of 225.43, with a low estimate of 170 and a high estimate of 280. The average target predicts a decrease of -0.98% from the current stock price of 227.65.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for LECO stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 11 | 11 | 11 | 10 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +4.55% | Apr 26, 2024 |
| Baird | Baird | Buy Maintains $257 → $252 | Buy | Maintains | $257 → $252 | +10.70% | Apr 26, 2024 |
| Stifel | Stifel | Hold Maintains $239 → $241 | Hold | Maintains | $239 → $241 | +5.86% | Apr 17, 2024 |
| Stifel | Stifel | Hold Maintains $208 → $239 | Hold | Maintains | $208 → $239 | +4.99% | Feb 16, 2024 |
Financial Forecast
Revenue This Year
4.40B
from 4.19B
Increased by 4.95%
Revenue Next Year
4.61B
from 4.40B
Increased by 4.84%
EPS This Year
9.83
from 9.37
Increased by 4.92%
EPS Next Year
10.72
from 9.83
Increased by 9.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.6B | 4.9B | 5.1B | 5.3B | 5.5B |
| Avg | 4.4B | 4.6B | 4.8B | 5.1B | 5.4B |
| Low | 4.0B | 4.0B | 4.1B | 4.9B | 5.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2% | 11.6% | 10.3% | 10.6% | 9.1% |
| Avg | 4.9% | 4.8% | 3.0% | 6.9% | 6.0% |
| Low | -5.7% | -8.4% | -10.3% | 2.2% | 1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.34 | 11.97 | 12.20 | 13.91 | 14.74 |
| Avg | 9.83 | 10.72 | 11.21 | 12.82 | 14.32 |
| Low | 8.94 | 9.22 | 9.61 | 11.65 | 13.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.4% | 21.8% | 13.8% | 24.1% | 15.0% |
| Avg | 4.9% | 9.1% | 4.5% | 14.4% | 11.7% |
| Low | -4.6% | -6.2% | -10.4% | 3.9% | 7.3% |
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.