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Lincoln Electric (LECO) Competitors

Lincoln Electric logo
$181.13 +4.21 (+2.38%)
Closing price 04/11/2025 04:00 PM Eastern
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$181.13 0.00 (0.00%)
As of 04/11/2025 07:51 PM Eastern
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LECO vs. IR, XYL, DOV, SNA, PNR, GGG, IEX, NDSN, RBC, and WWD

Should you be buying Lincoln Electric stock or one of its competitors? The main competitors of Lincoln Electric include Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), Snap-on (SNA), Pentair (PNR), Graco (GGG), IDEX (IEX), Nordson (NDSN), RBC Bearings (RBC), and Woodward (WWD). These companies are all part of the "industrial machinery" industry.

Lincoln Electric vs.

Lincoln Electric (NASDAQ:LECO) and Ingersoll Rand (NYSE:IR) are both large-cap industrials companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, earnings, community ranking, media sentiment, risk, dividends and valuation.

Lincoln Electric pays an annual dividend of $3.00 per share and has a dividend yield of 1.7%. Ingersoll Rand pays an annual dividend of $0.08 per share and has a dividend yield of 0.1%. Lincoln Electric pays out 36.8% of its earnings in the form of a dividend. Ingersoll Rand pays out 3.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Lincoln Electric has increased its dividend for 30 consecutive years. Lincoln Electric is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Ingersoll Rand has higher revenue and earnings than Lincoln Electric. Lincoln Electric is trading at a lower price-to-earnings ratio than Ingersoll Rand, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lincoln Electric$4.01B2.53$466.11M$8.1522.22
Ingersoll Rand$7.24B4.07$838.60M$2.0635.49

Lincoln Electric has a beta of 1.18, meaning that its stock price is 18% more volatile than the S&P 500. Comparatively, Ingersoll Rand has a beta of 1.4, meaning that its stock price is 40% more volatile than the S&P 500.

Ingersoll Rand received 285 more outperform votes than Lincoln Electric when rated by MarketBeat users. Likewise, 61.69% of users gave Ingersoll Rand an outperform vote while only 59.58% of users gave Lincoln Electric an outperform vote.

CompanyUnderperformOutperform
Lincoln ElectricOutperform Votes
451
59.58%
Underperform Votes
306
40.42%
Ingersoll RandOutperform Votes
736
61.69%
Underperform Votes
457
38.31%

79.6% of Lincoln Electric shares are owned by institutional investors. Comparatively, 95.3% of Ingersoll Rand shares are owned by institutional investors. 2.6% of Lincoln Electric shares are owned by insiders. Comparatively, 0.7% of Ingersoll Rand shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Lincoln Electric currently has a consensus target price of $233.60, indicating a potential upside of 28.97%. Ingersoll Rand has a consensus target price of $104.36, indicating a potential upside of 42.76%. Given Ingersoll Rand's higher probable upside, analysts plainly believe Ingersoll Rand is more favorable than Lincoln Electric.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lincoln Electric
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Ingersoll Rand
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

In the previous week, Ingersoll Rand had 11 more articles in the media than Lincoln Electric. MarketBeat recorded 26 mentions for Ingersoll Rand and 15 mentions for Lincoln Electric. Lincoln Electric's average media sentiment score of 1.20 beat Ingersoll Rand's score of 1.18 indicating that Lincoln Electric is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lincoln Electric
11 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Ingersoll Rand
20 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Lincoln Electric has a net margin of 11.63% compared to Ingersoll Rand's net margin of 11.59%. Lincoln Electric's return on equity of 40.19% beat Ingersoll Rand's return on equity.

Company Net Margins Return on Equity Return on Assets
Lincoln Electric11.63% 40.19% 15.20%
Ingersoll Rand 11.59%12.78%7.45%

Summary

Ingersoll Rand beats Lincoln Electric on 12 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This 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.
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LECO vs. The Competition

MetricLincoln ElectricMetalworking machinery & equipment IndustryIndustrials SectorNASDAQ Exchange
Market Cap$10.15B$4.76B$6.53B$7.52B
Dividend Yield1.79%1.06%3.60%4.30%
P/E Ratio22.2218.5319.8417.69
Price / Sales2.531.5273.9193.44
Price / Cash19.2816.5226.9734.64
Price / Book7.703.013.493.89
Net Income$466.11M$160.59M$798.99M$247.17M
7 Day Performance5.30%-0.36%0.95%1.77%
1 Month Performance-2.06%-17.83%-4.40%-8.64%
1 Year Performance-24.09%-16.62%6.83%-4.07%

Lincoln Electric Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LECO
Lincoln Electric
4.4248 of 5 stars
$181.13
+2.4%
$233.60
+29.0%
N/A$10.15B$4.01B22.2212,000News Coverage
Positive News
IR
Ingersoll Rand
4.4462 of 5 stars
$68.07
-2.3%
$105.09
+54.4%
N/A$27.46B$7.24B33.0717,000Analyst Forecast
News Coverage
Positive News
XYL
Xylem
4.6721 of 5 stars
$104.02
-0.6%
$149.89
+44.1%
N/A$25.32B$8.56B28.4217,800News Coverage
Positive News
DOV
Dover
4.9328 of 5 stars
$150.86
-1.8%
$218.18
+44.6%
N/A$20.67B$7.75B7.7525,000Analyst Forecast
News Coverage
SNA
Snap-on
3.4042 of 5 stars
$311.97
-1.0%
$355.33
+13.9%
N/A$16.36B$4.71B16.0112,900Upcoming Earnings
Analyst Forecast
News Coverage
Positive News
PNR
Pentair
4.8405 of 5 stars
$77.61
-1.5%
$112.27
+44.7%
N/A$12.80B$4.08B20.7611,200News Coverage
Positive News
GGG
Graco
4.0947 of 5 stars
$74.77
-1.3%
$93.00
+24.4%
N/A$12.58B$2.11B26.524,000News Coverage
Positive News
IEX
IDEX
4.6064 of 5 stars
$162.63
+0.1%
$241.71
+48.6%
N/A$12.28B$3.27B24.458,870News Coverage
Positive News
NDSN
Nordson
4.3812 of 5 stars
$171.27
-3.1%
$256.20
+49.6%
N/A$9.74B$2.67B21.787,330Analyst Forecast
News Coverage
High Trading Volume
RBC
RBC Bearings
2.2921 of 5 stars
$306.38
-0.8%
$361.20
+17.9%
N/A$9.62B$1.61B42.093,550News Coverage
Positive News
Gap Down
WWD
Woodward
3.9544 of 5 stars
$157.59
+0.2%
$197.38
+25.2%
N/A$9.37B$3.31B26.458,300Analyst Forecast
Positive News
Gap Down
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This page (NASDAQ:LECO) was last updated on 4/13/2025 by MarketBeat.com Staff
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