The stock price of Lincoln Electric Holdings, Inc (NASDAQ: LECO) has jumped by 0.09 compared to previous close of 194.14. Despite this, the company has seen a gain of 7.65% in its stock price over the last five trading days. businesswire.com reported 2025-01-14 that CLEVELAND–(BUSINESS WIRE)– #LEA–Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its fourth quarter and full year 2024 results on Thursday, February 13, 2025, prior to market open. An investor conference call and webcast will take place at 10:00 a.m. (ET) later that day. The event is available via webcast in listen-only mode and can be accessed here or on the Company’s Investor Relations home page at https://ir.lincolnelectric.com. To participate.
Is It Worth Investing in Lincoln Electric Holdings, Inc (NASDAQ: LECO) Right Now?
The price-to-earnings ratio for Lincoln Electric Holdings, Inc (NASDAQ: LECO) is above average at 23.18x. The 36-month beta value for LECO is also noteworthy at 1.19. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
The public float for LECO is 53.88M, and at present, short sellers hold a 1.64% of that float. The average trading volume of LECO on January 20, 2025 was 291.05K shares.
LECO’s Market Performance
The stock of Lincoln Electric Holdings, Inc (LECO) has seen a 7.65% increase in the past week, with a -4.00% drop in the past month, and a -0.20% fall in the past quarter. The volatility ratio for the week is 3.07%, and the volatility levels for the past 30 days are at 2.50% for LECO.. The simple moving average for the past 20 days is 3.00% for LECO’s stock, with a -3.82% simple moving average for the past 200 days.
Analysts’ Opinion of LECO
Many brokerage firms have already submitted their reports for LECO stocks, with Morgan Stanley repeating the rating for LECO by listing it as a “Underweight.” The predicted price for LECO in the upcoming period, according to Morgan Stanley is $178 based on the research report published on January 08, 2024 of the previous year 2024.
Seaport Research Partners, on the other hand, stated in their research note that they expect to see LECO reach a price target of $210. The rating they have provided for LECO stocks is “Buy” according to the report published on October 31st, 2023.
UBS gave a rating of “Sell” to LECO, setting the target price at $170 in the report published on September 27th of the previous year.
LECO Trading at -3.79% from the 50-Day Moving Average
After a stumble in the market that brought LECO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.58% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 3.07%, as shares sank -2.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.25% lower at present.
During the last 5 trading sessions, LECO rose by +7.65%, which changed the moving average for the period of 200-days by -22.03% in comparison to the 20-day moving average, which settled at $188.66. In addition, Lincoln Electric Holdings, Inc saw 3.65% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LECO starting from MICHAEL WHITEHEAD, who proposed sale 1,474 shares at the price of $207.34 back on Dec 12 ’24. After this action, MICHAEL WHITEHEAD now owns shares of Lincoln Electric Holdings, Inc, valued at $305,626 using the latest closing price.
Whitehead Michael J, the SVP, PRESIDENT, GLOBAL AUTOMAT of Lincoln Electric Holdings, Inc, sale 1,474 shares at $207.34 during a trade that took place back on Dec 12 ’24, which means that Whitehead Michael J is holding 9,704 shares at $305,626 based on the most recent closing price.
Stock Fundamentals for LECO
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.36 for the gross margin
The net margin for Lincoln Electric Holdings, Inc stands at 0.12. The total capital return value is set at 0.25. Equity return is now at value 37.63, with 13.81 for asset returns.
Based on Lincoln Electric Holdings, Inc (LECO), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is 16.9.
Currently, EBITDA for the company is 824.67 million with net debt to EBITDA at 1.13. When we switch over and look at the enterprise to sales, we see a ratio of 2.92. The receivables turnover for the company is 7.82for trailing twelve months and the total asset turnover is 1.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
Conclusion
In summary, Lincoln Electric Holdings, Inc (LECO) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
