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How to buy Lincoln Electric stock

Learn how to easily invest in Lincoln Electric stock.

Lincoln Electric Holdings Inc is a tools & accessories business based in the US. Lincoln Electric shares (LECO) are listed on the NASDAQ and all prices are listed in US Dollars. Lincoln Electric employs 11,000 staff and has a trailing 12-month revenue of around $3.5 billion.

How to buy shares in Lincoln Electric

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – LECO – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Lincoln Electric stock price (NASDAQ: LECO)

Use our graph to track the performance of LECO stocks over time.

Lincoln Electric shares at a glance

Information last updated 2022-10-02.
Latest market close$125.72
52-week range$117.65 - $147.85
50-day moving average $138.13
200-day moving average $132.81
Wall St. target price$151.86
PE ratio 20.7117
Dividend yield $2.19 (1.78%)
Earnings per share (TTM) $6.07

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Lincoln Electric stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Lincoln Electric price performance over time

Historical closes compared with the close of $125.72 from 2022-09-30

1 week (2022-09-27) 0.02%
1 month (2022-09-02) -7.22%
3 months (2022-07-01) 1.19%
6 months (2022-04-01) -8.53%
1 year (2021-10-04) -4.93%
2 years (2020-10-02) 36.83%
3 years (2019-10-04) 50.04%
5 years (2017-10-03) 33.74%

Is Lincoln Electric stock undervalued or overvalued?

Valuing Lincoln Electric stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lincoln Electric's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Lincoln Electric's P/E ratio

Lincoln Electric's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Lincoln Electric shares trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Lincoln Electric's PEG ratio

Lincoln Electric's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0903. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lincoln Electric's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Lincoln Electric's EBITDA

Lincoln Electric's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $655.6 million.

The EBITDA is a measure of a Lincoln Electric's overall financial performance and is widely used to measure a its profitability.

Lincoln Electric financials

Revenue TTM $3.5 billion
Operating margin TTM 16.17%
Gross profit TTM $1.1 billion
Return on assets TTM 13.64%
Return on equity TTM 40.62%
Profit margin 10.15%
Book value $15.76
Market capitalisation $7.3 billion

TTM: trailing 12 months

Lincoln Electric's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Lincoln Electric.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Lincoln Electric's total ESG risk score

Total ESG risk: 36.72

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Lincoln Electric's overall score of 36.72 (as at 12/31/2018) is pretty weak – landing it in it in the 68th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Lincoln Electric is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Lincoln Electric's environmental score

Environmental score: 13.93/100

Lincoln Electric's environmental score of 13.93 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Lincoln Electric is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Lincoln Electric's social score

Social score: 17.77/100

Lincoln Electric's social score of 17.77 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Lincoln Electric is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Lincoln Electric's governance score

Governance score: 11.53/100

Lincoln Electric's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Lincoln Electric is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Lincoln Electric's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Lincoln Electric scored a 1 out of 5 for controversy – the highest score possible, reflecting that Lincoln Electric has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Lincoln Electric Holdings Inc was last rated for ESG on: 2019-01-01.

Total ESG score 36.72
Total ESG percentile 67.68
Environmental score 13.93
Environmental score percentile 6
Social score 17.77
Social score percentile 6
Governance score 11.53
Governance score percentile 6
Level of controversy 1

Lincoln Electric share dividends

30%

Dividend payout ratio: 30.07% of net profits

Recently Lincoln Electric has paid out, on average, around 30.07% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.78% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lincoln Electric shareholders could enjoy a 1.78% return on their shares, in the form of dividend payments. In Lincoln Electric's case, that would currently equate to about $2.19 per share.

While Lincoln Electric's payout ratio might seem fairly standard, it's worth remembering that Lincoln Electric may be investing much of the rest of its net profits in future growth.

Lincoln Electric's most recent dividend payout was on 13 October 2022. The latest dividend was paid out to all shareholders who bought their shares by 28 September 2022 (the "ex-dividend date").

Have Lincoln Electric's shares ever split?

Lincoln Electric's shares were split on a 2:1 basis on 31 May 2011. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Lincoln Electric shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Lincoln Electric shares which in turn could have impacted Lincoln Electric's share price.

Lincoln Electric share price volatility

Over the last 12 months, Lincoln Electric's shares have ranged in value from as little as $117.6526 up to $147.8498. A popular way to gauge a stock's volatility is its "beta".

LECO.US volatility(beta: 1.17)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lincoln Electric's is 1.1658. This would suggest that Lincoln Electric's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Lincoln Electric overview

Lincoln Electric Holdings, Inc. , through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Further, the company manufactures copper and aluminum headers, distributor assemblies, and manifolds for the heating, ventilation, and air conditioning sector in the United States and Mexico.

Frequently asked questions

What percentage of Lincoln Electric is owned by insiders or institutions?
Currently 2.295% of Lincoln Electric shares are held by insiders and 76.594% by institutions.
How many people work for Lincoln Electric?
Latest data suggests 11,000 work at Lincoln Electric.
When does the fiscal year end for Lincoln Electric?
Lincoln Electric's fiscal year ends in December.
Where is Lincoln Electric based?
Lincoln Electric's address is: 22801 St. Clair Avenue, Cleveland, OH, United States, 44117
What is Lincoln Electric's ISIN number?
Lincoln Electric's international securities identification number is: US5339001068
What is Lincoln Electric's CUSIP number?
Lincoln Electric's Committee on Uniform Securities Identification Procedures number is: 533543104

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