StockNews.com upgraded shares of Lincoln Electrical (NASDAQ:LECO – Free Report) from a maintain score to a purchase score in a report issued on Friday.
A number of different equities analysts have additionally weighed in on LECO. Robert W. Baird minimize their value goal on shares of Lincoln Electrical from $220.00 to $212.00 and set an “outperform” score on the inventory in a analysis report on Wednesday, September 4th. Stifel Nicolaus raised their value goal on shares of Lincoln Electrical from $184.00 to $185.00 and gave the corporate a “maintain” score in a report on Wednesday, October sixteenth. One equities analysis analyst has rated the inventory with a promote score, two have given a maintain score and 6 have given a purchase score to the corporate. Based on MarketBeat.com, the corporate presently has a consensus score of “Average Purchase” and a median goal value of $221.67.
Learn Our Newest Evaluation on LECO
Lincoln Electrical Inventory Efficiency
Shares of LECO inventory opened at $193.71 on Friday. The inventory’s fifty day easy transferring common is $189.66 and its 200-day easy transferring common is $200.11. The corporate has a market capitalization of $11.02 billion, a price-to-earnings ratio of 20.56, a P/E/G ratio of 1.49 and a beta of 1.14. The corporate has a present ratio of two.06, a fast ratio of 1.31 and a debt-to-equity ratio of 0.84. Lincoln Electrical has a 1-year low of $164.63 and a 1-year excessive of $261.13.
Lincoln Electrical (NASDAQ:LECO – Get Free Report) final introduced its quarterly earnings knowledge on Wednesday, July thirty first. The commercial merchandise firm reported $2.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.30 by $0.04. Lincoln Electrical had a return on fairness of 42.24% and a internet margin of 12.48%. The enterprise had income of $1.02 billion through the quarter, in comparison with analyst estimates of $1.02 billion. Throughout the identical interval final 12 months, the corporate earned $2.44 earnings per share. Lincoln Electrical’s quarterly income was down 3.7% in comparison with the identical quarter final 12 months. On common, sell-side analysts predict that Lincoln Electrical will put up 8.78 earnings per share for the present fiscal 12 months.
Lincoln Electrical Will increase Dividend
The corporate additionally lately introduced a quarterly dividend, which will likely be paid on Wednesday, January fifteenth. Traders of document on Tuesday, December thirty first will likely be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.55%. The ex-dividend date is Tuesday, December thirty first. This is a rise from Lincoln Electrical’s earlier quarterly dividend of $0.71. Lincoln Electrical’s dividend payout ratio (DPR) is 31.85%.
Insiders Place Their Bets
In different information, SVP Michael J. Whitehead bought 1,100 shares of Lincoln Electrical inventory in a transaction dated Friday, September sixth. The inventory was bought at a median value of $175.96, for a complete worth of $193,556.00. Following the transaction, the senior vice chairman now straight owns 11,178 shares within the firm, valued at roughly $1,966,880.88. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the SEC, which is accessible by this hyperlink. Firm insiders personal 2.63% of the corporate’s inventory.
Hedge Funds Weigh In On Lincoln Electrical
Plenty of institutional traders and hedge funds have lately purchased and bought shares of LECO. Capital Advisors Ltd. LLC grew its place in Lincoln Electrical by 194.4% within the 1st quarter. Capital Advisors Ltd. LLC now owns 106 shares of the economic merchandise firm’s inventory price $27,000 after buying an extra 70 shares over the past quarter. EverSource Wealth Advisors LLC elevated its stake in Lincoln Electrical by 174.4% through the first quarter. EverSource Wealth Advisors LLC now owns 107 shares of the economic merchandise firm’s inventory valued at $27,000 after buying an extra 68 shares through the interval. V Sq. Quantitative Administration LLC acquired a brand new place in Lincoln Electrical within the 2nd quarter valued at roughly $28,000. UMB Financial institution n.a. lifted its place in shares of Lincoln Electrical by 97.9% within the third quarter. UMB Financial institution n.a. now owns 283 shares of the economic merchandise firm’s inventory price $54,000 after buying an extra 140 shares through the interval. Lastly, Quarry LP grew its holdings in shares of Lincoln Electrical by 41.5% through the 2nd quarter. Quarry LP now owns 300 shares of the economic merchandise firm’s inventory price $57,000 after buying an extra 88 shares within the final quarter. Institutional traders personal 79.61% of the corporate’s inventory.
Lincoln Electrical Firm Profile
Lincoln Electrical Holdings, Inc, by its subsidiaries, designs, develops, manufactures, and sells welding, reducing, and brazing merchandise worldwide. The corporate operates by three segments: Americas Welding, Worldwide Welding, and The Harris Merchandise Group. It gives brazing and soldering filler metals, arc welding tools, plasma and oxyfuel reducing programs, wire feeding programs, fume management tools, welding equipment, and specialty gasoline regulators, and training options, in addition to a portfolio of automated options for becoming a member of, reducing, materials dealing with, module meeting, and finish of line testing, in addition to concerned in brazing and soldering alloys, and within the retail enterprise in america.
Beneficial Tales
Obtain Information & Rankings for Lincoln Electrical Each day – Enter your e mail tackle beneath to obtain a concise every day abstract of the newest information and analysts’ scores for Lincoln Electrical and associated corporations with MarketBeat.com’s FREE every day e mail e-newsletter.
