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Lincoln Electric (LECO) Competitors

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$193.38 +0.92 (+0.48%)
Closing price 04:00 PM Eastern
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$192.04 -1.34 (-0.69%)
As of 07:43 PM Eastern
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LECO vs. IR, XYL, DOV, SNA, PNR, IEX, GGG, SWK, NDSN, and ITT

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), IDEX (IEX), Graco (GGG), Stanley Black & Decker (SWK), Nordson (NDSN), and ITT (ITT). 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 industrial products companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, dividends, analyst recommendations, media sentiment, earnings, institutional ownership, risk, valuation and community ranking.

Lincoln Electric presently has a consensus target price of $229.50, suggesting a potential upside of 18.37%. Ingersoll Rand has a consensus target price of $105.92, suggesting a potential upside of 13.76%. Given Lincoln Electric's stronger consensus rating and higher possible upside, analysts clearly believe Lincoln Electric is more favorable than Ingersoll Rand.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lincoln Electric
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Ingersoll Rand
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

79.6% of Lincoln Electric shares are held by institutional investors. Comparatively, 95.3% of Ingersoll Rand shares are held by institutional investors. 2.6% of Lincoln Electric shares are held by insiders. Comparatively, 0.7% of Ingersoll Rand shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Lincoln Electric has a net margin of 11.93% compared to Ingersoll Rand's net margin of 11.72%. Lincoln Electric's return on equity of 40.03% beat Ingersoll Rand's return on equity.

Company Net Margins Return on Equity Return on Assets
Lincoln Electric11.93% 40.03% 15.24%
Ingersoll Rand 11.72%13.01%7.77%

Lincoln Electric has a beta of 1.18, indicating that its stock price is 18% more volatile than the S&P 500. Comparatively, Ingersoll Rand has a beta of 1.43, indicating that its stock price is 43% more volatile than the S&P 500.

Lincoln Electric pays an annual dividend of $3.00 per share and has a dividend yield of 1.5%. Ingersoll Rand pays an annual dividend of $0.08 per share and has a dividend yield of 0.1%. Lincoln Electric pays out 35.8% 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 raised its dividend for 22 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$4.19B2.61$545.25M$8.3823.14
Ingersoll Rand$6.88B5.46$778.70M$2.0545.42

In the previous week, Ingersoll Rand had 8 more articles in the media than Lincoln Electric. MarketBeat recorded 11 mentions for Ingersoll Rand and 3 mentions for Lincoln Electric. Ingersoll Rand's average media sentiment score of 1.13 beat Lincoln Electric's score of 1.11 indicating that Ingersoll Rand is being referred to more favorably in the news media.

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

Ingersoll Rand received 282 more outperform votes than Lincoln Electric when rated by MarketBeat users. Likewise, 61.64% of users gave Ingersoll Rand an outperform vote while only 59.47% of users gave Lincoln Electric an outperform vote.

CompanyUnderperformOutperform
Lincoln ElectricOutperform Votes
449
59.47%
Underperform Votes
306
40.53%
Ingersoll RandOutperform Votes
731
61.64%
Underperform Votes
455
38.36%

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 IndustryIndustrial SectorNASDAQ Exchange
Market Cap$10.94B$5.18B$9.18B$9.10B
Dividend Yield1.51%0.97%2.09%4.00%
P/E Ratio23.1420.0121.2918.20
Price / Sales2.611.764.5576.25
Price / Cash17.9215.9215.4733.55
Price / Book8.473.414.814.74
Net Income$545.25M$176.41M$413.11M$223.02M
7 Day Performance-1.16%-3.53%-1.28%-0.50%
1 Month Performance4.15%-3.71%-1.81%-2.35%
1 Year Performance-14.40%-1.91%33.16%20.93%

Lincoln Electric Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LECO
Lincoln Electric
4.139 of 5 stars
$193.38
+0.5%
$229.50
+18.7%
-15.0%$10.91B$4.19B23.0812,000
IR
Ingersoll Rand
4.3712 of 5 stars
$92.62
-1.3%
$105.92
+14.4%
+10.6%$37.31B$6.88B45.1618,000Positive News
XYL
Xylem
4.634 of 5 stars
$122.64
-1.1%
$150.50
+22.7%
+6.3%$29.80B$7.36B35.862,300Earnings Report
News Coverage
DOV
Dover
4.7554 of 5 stars
$202.72
-0.5%
$218.91
+8.0%
+27.6%$27.81B$7.75B10.4225,000Earnings Report
Short Interest ↓
SNA
Snap-on
3.9055 of 5 stars
$352.11
-0.9%
$347.40
-1.3%
+20.3%$18.49B$4.73B18.122,700Analyst Forecast
Positive News
PNR
Pentair
4.7993 of 5 stars
$102.89
-0.8%
$111.07
+7.9%
+38.9%$17.00B$4.10B25.7210,500Earnings Report
News Coverage
Positive News
Gap Down
IEX
IDEX
4.5809 of 5 stars
$220.45
-1.7%
$242.86
+10.2%
-0.7%$16.69B$3.27B34.138,800Earnings Report
Upcoming Earnings
News Coverage
GGG
Graco
4.0605 of 5 stars
$83.29
-1.0%
$91.50
+9.9%
-4.1%$14.06B$2.11B29.534,000Analyst Revision
SWK
Stanley Black & Decker
4.3863 of 5 stars
$84.71
-3.8%
$101.25
+19.5%
-5.9%$13.06B$15.78B-61.8650,500Upcoming Earnings
Analyst Revision
NDSN
Nordson
4.9685 of 5 stars
$217.51
-1.2%
$279.25
+28.4%
-15.6%$12.42B$2.69B26.828,000Positive News
ITT
ITT
4.3835 of 5 stars
$148.17
-1.9%
$167.13
+12.8%
+17.3%$12.07B$3.53B25.2810,600Upcoming Earnings

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This page (NASDAQ:LECO) was last updated on 2/4/2025 by MarketBeat.com Staff
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