Analysts' ratings for Lincoln Electric Holdings (NASDAQ:LECO) over the last quarter vary from bullish to bearish, as provided by 6 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 3 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts have set 12-month price targets for Lincoln Electric Holdings, revealing an average target of $240.67, a high estimate of $265.00, and a low estimate of $213.00. Experiencing a 5.25% decline, the current average is now lower than the previous average price target of $254.00.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Lincoln Electric Holdings by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Nathan Jones | Stifel | Raises | Hold | $213.00 | $209.00 |
| Chris Dankert | Loop Capital | Lowers | Buy | $265.00 | $285.00 |
| 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 |
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: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Lincoln Electric Holdings compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Lincoln Electric Holdings's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Lincoln Electric Holdings's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Lincoln Electric Holdings analyst ratings.
Unveiling the Story Behind Lincoln Electric Holdings
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: Delving into Financials
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Lincoln Electric Holdings's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -5.59% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 12.58%, the company may need to address challenges in effective cost control.
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 ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.65% ROA, the company effectively utilizes its assets for optimal returns.
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.
Analyst Ratings: Simplified
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and 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.