Lincoln Electric Holdings Stock Today
LECO Stock | USD 213.52 5.01 2.40% |
Performance5 of 100
| Odds Of DistressLess than 1
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Lincoln Electric is selling at 213.52 as of the 24th of November 2024; that is 2.40 percent increase since the beginning of the trading day. The stock's open price was 208.51. Lincoln Electric has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Lincoln Electric Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 13th of June 1995 | Category Industrials |
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company was founded in 1895 and is headquartered in Cleveland, Ohio. Lincoln Elec operates under Tools Accessories classification in the United States and is traded on NASDAQ Exchange. The company has 56.43 M outstanding shares of which 1.01 M shares are now shorted by private and institutional investors with about 3.94 trading days to cover. More on Lincoln Electric Holdings
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Moving against Lincoln Stock
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Lincoln Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
Executive Chairman | Christopher JD | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Housewares (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Industrial Machinery & Supplies & Components, Tools & Accessories, Industrials, SP Midcap 400, NASDAQ Composite, NASDAQ Composite Total, Housewares, Industrials, Machinery, Tools & Accessories, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsLincoln Electric can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lincoln Electric's financial leverage. It provides some insight into what part of Lincoln Electric's total assets is financed by creditors.
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Lincoln Electric Holdings (LECO) is traded on NASDAQ Exchange in USA. It is located in 22801 St. Clair Avenue, Cleveland, OH, United States, 44117 and employs 12,000 people. Lincoln Electric is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.05 B. Lincoln Electric Holdings conducts business under Machinery sector and is part of Industrials industry. The entity has 56.43 M outstanding shares of which 1.01 M shares are now shorted by private and institutional investors with about 3.94 trading days to cover.
Lincoln Electric Holdings currently holds about 152.8 M in cash with 667.54 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.64.
Check Lincoln Electric Probability Of Bankruptcy
Ownership AllocationLincoln Electric Holdings maintains a total of 56.43 Million outstanding shares. The majority of Lincoln Electric outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Lincoln Electric Holdings to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Lincoln Electric Holdings. Please pay attention to any change in the institutional holdings of Lincoln Electric as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lincoln Ownership Details
Lincoln Stock Institutional Holders
Instituion | Recorded On | Shares | |
Keybank National Association | 2024-06-30 | 781.4 K | |
Macquarie Group Ltd | 2024-06-30 | 774.4 K | |
Park Edge Advisors, Llc | 2024-09-30 | 670.9 K | |
First Trust Advisors L.p. | 2024-06-30 | 634.9 K | |
Bank Of New York Mellon Corp | 2024-06-30 | 596.6 K | |
Dimensional Fund Advisors, Inc. | 2024-09-30 | 532.3 K | |
Goldman Sachs Group Inc | 2024-06-30 | 524.1 K | |
Eagle Asset Management, Inc. | 2024-06-30 | 501.5 K | |
Fisher Asset Management, Llc | 2024-09-30 | 482.4 K | |
Vanguard Group Inc | 2024-09-30 | 5.6 M | |
Blackrock Inc | 2024-06-30 | 5.2 M |
Lincoln Electric Historical Income Statement
Lincoln Stock Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln Electric Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lincoln Electric. If investors know Lincoln will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lincoln Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 2.84 | Earnings Share 8.37 | Revenue Per Share 71.184 | Quarterly Revenue Growth (0.05) |
The market value of Lincoln Electric Holdings is measured differently than its book value, which is the value of Lincoln that is recorded on the company's balance sheet. Investors also form their own opinion of Lincoln Electric's value that differs from its market value or its book value, called intrinsic value, which is Lincoln Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lincoln Electric's market value can be influenced by many factors that don't directly affect Lincoln Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lincoln Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lincoln Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lincoln Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.