Lincoln Electric (NASDAQ:LECO - Get Free Report) is expected to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Lincoln Electric to post earnings of $2.03 per share and revenue of $995.84 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
Lincoln Electric Stock Down 1.0 %
Shares of LECO stock traded down $1.99 during trading hours on Friday, hitting $191.25. 198,246 shares of the company were exchanged, compared to its average volume of 240,737. The company has a market capitalization of $10.79 billion, a PE ratio of 22.82, a PEG ratio of 1.40 and a beta of 1.18. Lincoln Electric has a 52 week low of $169.51 and a 52 week high of $261.13. The business has a 50 day moving average of $195.66 and a two-hundred day moving average of $195.92. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.86.
Wall Street Analyst Weigh In
Several brokerages have commented on LECO. Stifel Nicolaus reduced their price objective on shares of Lincoln Electric from $216.00 to $211.00 and set a "hold" rating for the company in a research note on Friday, January 24th. KeyCorp increased their price target on Lincoln Electric from $210.00 to $230.00 and gave the company an "overweight" rating in a research report on Thursday, November 14th. Finally, StockNews.com raised Lincoln Electric from a "hold" rating to a "buy" rating in a research report on Wednesday, December 4th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Lincoln Electric has a consensus rating of "Moderate Buy" and a consensus target price of $229.50.
View Our Latest Stock Analysis on Lincoln Electric
Lincoln Electric Company Profile
(
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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 joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States.
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