Lincoln Electric (LECO) to Release Quarterly Earnings on Wednesday

Lincoln Electric (NASDAQ:LECO - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect Lincoln Electric to post earnings of $2.21 per share and revenue of $974.39 million for the quarter.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last posted its earnings results on Thursday, February 13th. The industrial products company reported $2.57 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.54. The business had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $995.94 million. Lincoln Electric had a net margin of 11.63% and a return on equity of 40.19%. On average, analysts expect Lincoln Electric to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Lincoln Electric Price Performance

LECO opened at $177.00 on Wednesday. Lincoln Electric has a twelve month low of $161.11 and a twelve month high of $242.65. The company has a current ratio of 1.87, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. The firm has a market cap of $9.92 billion, a price-to-earnings ratio of 21.72, a PEG ratio of 1.51 and a beta of 1.18. The company has a fifty day simple moving average of $192.01 and a 200 day simple moving average of $196.59.

Lincoln Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a dividend of $0.75 per share. The ex-dividend date was Monday, March 31st. This represents a $3.00 annualized dividend and a dividend yield of 1.69%. Lincoln Electric's dividend payout ratio is presently 36.81%.

Insiders Place Their Bets

In related news, CEO Steven B. Hedlund sold 21,054 shares of the business's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $215.47, for a total transaction of $4,536,505.38. Following the completion of the sale, the chief executive officer now owns 54,660 shares of the company's stock, valued at $11,777,590.20. This represents a 27.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.63% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

LECO has been the subject of a number of recent analyst reports. Morgan Stanley lowered their price objective on Lincoln Electric from $187.00 to $179.00 and set an "underweight" rating for the company in a research note on Wednesday, April 16th. KeyCorp lifted their price target on shares of Lincoln Electric from $230.00 to $245.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. StockNews.com downgraded shares of Lincoln Electric from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. Stifel Nicolaus dropped their target price on shares of Lincoln Electric from $220.00 to $178.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Finally, Barclays increased their price target on shares of Lincoln Electric from $220.00 to $235.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $219.00.

About Lincoln Electric

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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