Momentum Is Strong For Lincoln Electric Holdings, Inc (NASDAQ: LECO)

After Hours

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.

Stocks Info

This NASDAQ-listed company operates within the Tools & Accessories industry segment, falling under the Industrials sector. The current market capitalization of Lincoln Electric Holdings, Inc is $10.96B. A total of 0.46 million shares were traded on the day, compared to an average of 291.05K shares.

In the most recent transaction, MICHAEL WHITEHEAD bought 1,474 shares of LECO for 207.34 per share on Dec 12 ’24. In a previous transaction on Dec 12 ’24, Whitehead Michael J sold 1,474 shares at 207.34 per share. LECO shares that SVP, PRESIDENT, GLOBAL AUTOMAT owns now total 9,704.

Among the insiders who sold shares, Whitehead Michael J disposed of 1,100 shares on Sep 06 ’24 at a per-share price of $175.96. This resulted in the SVP, PRESIDENT, GLOBAL AUTOMAT holding 11,178 shares of LECO after the transaction. In another insider transaction, MICHAEL WHITEHEAD bought 1,100 shares at $175.96 per share on Sep 06 ’24.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Lincoln Electric Holdings, Inc pays an annual dividend of $2.88, resulting in a dividend yield of 1.48%, and it has a price to earnings (P/E) ratio of 23.18. LECO’s most recent ex-dividend date was 1.48% when it declared a $0.75 quarterly dividend that was paid in cash on 12/31/2024. Previously, the company paid the dividend on 9/30/2024 with an ex-dividend date of 1.38%. The LECO stock dividend was $0.71 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, LECO has a high of $261.13 and a low of $169.51.

As of this writing, LECO has an earnings estimate of $2.02 per share for the current quarter. EPS was calculated based on a consensus of 10.0 estimates, with a high estimate of $2.1 per share and a lower estimate of $1.85.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $23.73, while its Total Shareholder’s Equity was $863.91M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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 4.10.

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