Lincoln Electric (LECO) Competitors

SPX Technologies (NYSE:SPXC) and Lincoln Electric (NASDAQ:LECO) are both business services companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, community ranking, institutional ownership, dividends, earnings, analyst recommendations, media sentiment and profitability.

Does the MarketBeat Community favor SPXC or LECO?

Lincoln Electric received 2 more outperform votes than SPX Technologies when rated by MarketBeat users. Likewise, 59.52% of users gave Lincoln Electric an outperform vote while only 59.18% of users gave SPX Technologies an outperform vote.

Company	Underperform	Outperform
SPX Technologies	Outperform Votes 445 59.18%	Underperform Votes 307 40.82%
Lincoln Electric	Outperform Votes 447 59.52%	Underperform Votes 304 40.48%

Do insiders & institutionals have more ownership in SPXC or LECO?

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 insiders. Comparatively, 2.6% of Lincoln Electric shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Is SPXC or LECO more profitable?

Lincoln Electric has a net margin of 11.93% compared to SPX Technologies' net margin of 9.11%. Lincoln Electric's return on equity of 40.03% beat SPX Technologies' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
SPX Technologies	9.11%	19.70%	9.23%
Lincoln Electric	11.93%	40.03%	15.24%

Do analysts rate SPXC or LECO?

SPX Technologies presently has a consensus target price of $141.00, suggesting a potential downside of 15.40%. Lincoln Electric has a consensus target price of $220.00, suggesting a potential upside of 8.27%. Given Lincoln Electric's stronger consensus rating and higher probable upside, analysts clearly believe Lincoln Electric is more favorable than SPX Technologies.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SPX Technologies	0 Sell rating(s)	2 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33
Lincoln Electric	1 Sell rating(s)	2 Hold rating(s)	4 Buy rating(s)	0 Strong Buy rating(s)	2.43

Does the media prefer SPXC or LECO?

In the previous week, Lincoln Electric had 9 more articles in the media than SPX Technologies. MarketBeat recorded 13 mentions for Lincoln Electric and 4 mentions for SPX Technologies. Lincoln Electric's average media sentiment score of 0.48 beat SPX Technologies' score of 0.16 indicating that Lincoln Electric is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
SPX Technologies	2 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	1 Very Negative mention(s)	Neutral
Lincoln Electric	5 Very Positive mention(s)	1 Positive mention(s)	2 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Neutral

Which has more volatility and risk, SPXC or LECO?

SPX Technologies has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500. Comparatively, Lincoln Electric has a beta of 1.14, suggesting that its stock price is 14% more volatile than the S&P 500.

Which has better earnings and valuation, SPXC or LECO?

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SPX Technologies	$1.74B	4.44	$89.90M	$3.72	44.80
Lincoln Electric	$4.19B	2.74	$545.25M	$8.38	24.25

Summary

Lincoln Electric beats SPX Technologies on 13 of the 18 factors compared between the two stocks.