Ten analysts covering NASDAQ: LECO stock’s performance announced in a report issued this week that Lincoln Electric Holdings, Inc. gets a consensus rating of “Buy” from the brokerages.
Among the ten analysts who have posted their personal ratings on the company, one gave a “Sell” rating, three analysts have given out a “Hold” rating. A majority of four has assigned the rating of “Buy” to the stock and one analyst has given a “Strong-Buy” rating. The average price target (PT) currently stands at $119.00 issued on the stock last year.
Lincoln Electric Holdings, Inc. stocks traded at $119.48 this Wednesday. The company’s current market capitalization stands at $7.13 billion. It has a positive PE ratio of 35.56 along with a beta of 1.13 at the moment. The PEG ratio stands at 2.51. Along with this, the company’s current ratio is 1.92, the quick ratio is 1.18 and the debt-to-equity ratio is 1.01. The 12-monthly high to low ranges from $125.24 to $59.29. The 50SMA (50 Days Simple Moving Average) stands at $117.54 and its 200SMA stands at $108.44.
NASDAQ: LECO Stock Detailed Analysis
The quarterly earnings report for the previous quarter was released on the 11th of February. The earnings of LECO stocks stood at $1.24 EPS as opposed to the general consensus of $1.06 proposed by analysts at Zacks Investment Research. The company’s return on equity stands at 34.42% along with a net margin of 7.59%.
The estimated income for the firm was marked at $686.40 million but it made $693.80 million for the quarter. Available data show that the company’s revenue decreased by 5.8% on a y-o-y basis. During the corresponding quarter previous year, the company posted an EPS of $1.15. Analysts expect the company to post Full Year 2020 earnings per share of 3.96.
NASDAQ: LECO has recently been the subject of a lot of reports by equities analysts. Some such as Zacks Investment Research, Morgan Stanley, Vertical Research, Oppenheimer, and so on have posted reports on this firm over the last few months.