There’s No Getting Around Lincoln Electric Holdings, Inc. (NASDAQ: LECO) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Lincoln Electric Schedules Webcast for Fourth Quarter and Full Year 2023 Results.

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Stocks Info

LECO belongs to the Industrials sector of the NASDAQ while operating in the Tools & Accessories industry. At the end of the last regular session, the stock closed at $222.22 and fluctuated between $227.90 as its day high and $221.97 as its day low. The current market capitalization of Lincoln Electric Holdings, Inc. is $12.71B. A total of 0.78 million shares were traded on the day, compared to an average of 267.15K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, LECO has seen 1 BUY and 2 SELL insider trades, representing the acquisition of 4,290 and the disposition of 4,290 shares. Over the last 12 months, there were 22 BUYs and 31 SELLs from insiders. Insiders purchased 164,990 shares during that period but sold 156,784.

In the most recent transaction, Whitehead Michael J sold 1,000 shares of LECO for 215.97 per share on Dec 15. After the transaction, the SVP, PRESIDENT, GLOBAL AUTOMAT now owns 10,716 company shares. In a previous transaction on Dec 12, MAPES CHRISTOPHER L sold 68,610 shares at 207.09 per share. LECO shares that CHAIRMAN, PRESIDENT AND CEO owns now total 114,620.

Among the insiders who sold shares, Hedlund Steven B disposed of 12,880 shares on Dec 07 at a per-share price of $203.59. This resulted in the EVP & CHIEF OPERATING OFFICER holding 40,122 shares of LECO after the transaction. In another insider transaction, Allman Geoffrey P sold 3,514 shares at $203.37 per share on Dec 05. Company shares held by the SVP, STRATEGY & BUSINESS DEVEL now total 11,654.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Lincoln Electric Holdings, Inc. pays an annual dividend of $2.58, resulting in a dividend yield of 1.16%, and it has a price to earnings (P/E) ratio of 26.04. LECO’s most recent ex-dividend date was 12/28/2023 when it declared a $0.71 quarterly dividend that was paid in cash on 1/12/2024. Previously, the company paid the dividend on 10/13/2023 with an ex-dividend date of 9/28/2023. The LECO stock dividend was $0.64 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for LECO in the last 3 months, the mean price target is $211.40 with high estimates of $250.00 and low estimates of $165.00. In terms of 52-week highs and lows, LECO has a high of $227.62 and a low of $152.36.

As of this writing, LECO has an earnings estimate of $Veeco Instruments Inc. per share for the current quarter. EPS was calculated based on a consensus of Lincoln Electric Holdings, Inc. estimates, with a high estimate of $CECO Environmental Corp. per share and a lower estimate of $Okeanis Eco Tankers Corp.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. LECO’s latest balance sheet shows that the firm has $192.96M in Cash & Short Term Investments as of fiscal 2021. There were $769.82M in debt and $755.90M in liabilities at the time. Its Book Value Per Share was $21.43, while its Total Shareholder’s Equity was $863.91M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LECO is Buy with a score of 3.73.

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