A Closer Look at 5 Analyst Recommendations For Lincoln Electric Holdings
Throughout the last three months, 5 analysts have evaluated Lincoln Electric Holdings (NASDAQ:LECO), offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 2 | 0 | 0 |
| Last 30D | 0 | 2 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $241.4, a high estimate of $252.00, and a low estimate of $236.00. Experiencing a 4.89% decline, the current average is now lower than the previous average price target of $253.80.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Lincoln Electric Holdings among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mircea Dobre | Baird | Lowers | Outperform | $236.00 | $252.00 |
| Steve Barger | Keybanc | Lowers | Overweight | $240.00 | $280.00 |
| Nathan Jones | Stifel | Lowers | Hold | $238.00 | $241.00 |
| Mircea Dobre | Baird | Lowers | Outperform | $252.00 | $257.00 |
| Nathan Jones | Stifel | Raises | Hold | $241.00 | $239.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Lincoln Electric Holdings. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Lincoln Electric Holdings compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Lincoln Electric Holdings's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
To gain a panoramic view of Lincoln Electric Holdings's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Lincoln Electric Holdings analyst ratings.
Discovering Lincoln Electric Holdings: A Closer Look
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $4.2 billion in sales in 2023.
Lincoln Electric Holdings's Financial Performance
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Challenges: Lincoln Electric Holdings's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -5.59%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Lincoln Electric Holdings's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 12.58%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Lincoln Electric Holdings's ROE excels beyond industry benchmarks, reaching 9.43%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Lincoln Electric Holdings's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.65%, the company showcases efficient use of assets and strong financial health.
Debt Management: Lincoln Electric Holdings's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.85, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.