LECO vs. SPXC, FLOW, PFIN, IR, XYL, DOV, IEX, SNA, GGG, and NDSN
Should you be buying Lincoln Electric stock or one of its competitors? The main competitors of Lincoln Electric include SPX Technologies (SPXC), SPX FLOW (FLOW), P&F Industries (PFIN), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), IDEX (IEX), Snap-on (SNA), Graco (GGG), and Nordson (NDSN).
SPX Technologies (NYSE:SPXC) and Lincoln Electric (NASDAQ:LECO) are both business services companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, community ranking, media sentiment, dividends, profitability and analyst recommendations.
Lincoln Electric has a net margin of 13.23% compared to Lincoln Electric's net margin of 5.32%. SPX Technologies' return on equity of 43.81% beat Lincoln Electric's return on equity.
92.8% of SPX Technologies shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 3.5% of SPX Technologies shares are owned by company insiders. Comparatively, 2.6% of Lincoln Electric shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Lincoln Electric has higher revenue and earnings than SPX Technologies. Lincoln Electric is trading at a lower price-to-earnings ratio than SPX Technologies, indicating that it is currently the more affordable of the two stocks.
SPX Technologies currently has a consensus price target of $141.00, suggesting a potential upside of 1.13%. Lincoln Electric has a consensus price target of $225.29, suggesting a potential upside of 14.73%. Given SPX Technologies' higher possible upside, analysts clearly believe Lincoln Electric is more favorable than SPX Technologies.
SPX Technologies received 4 more outperform votes than Lincoln Electric when rated by MarketBeat users. However, 59.68% of users gave Lincoln Electric an outperform vote while only 59.25% of users gave SPX Technologies an outperform vote.
In the previous week, Lincoln Electric had 5 more articles in the media than SPX Technologies. MarketBeat recorded 10 mentions for Lincoln Electric and 5 mentions for SPX Technologies. Lincoln Electric's average media sentiment score of 0.99 beat SPX Technologies' score of 0.33 indicating that SPX Technologies is being referred to more favorably in the media.
SPX Technologies has a beta of 1.24, meaning that its stock price is 24% more volatile than the S&P 500. Comparatively, Lincoln Electric has a beta of 1.23, meaning that its stock price is 23% more volatile than the S&P 500.
Summary
Lincoln Electric beats SPX Technologies on 10 of the 18 factors compared between the two stocks.
Get Lincoln Electric News Delivered to You Automatically
Sign up to receive the latest news and ratings for LECO and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding LECO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart
Lincoln Electric Competitors List
Related Companies and Tools