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LECO

146.98USD-1.97(-1.32%)Delayedas of 28 Nov 2022, 01:28 pm

Lincoln Electric Holdings Inc

Market Summary

USD146.98-1.97Delayedas of 28 Nov 2022, 01:28 pm
-1.32%

LECO Alerts

LECO Stock Price

RSI Chart

Valuation

Market Cap

8.1B

Price/Earnings

18.58

Price/Sales

2.21

Price/Cashflow

21.3

MarketCap/EBT

15.38

Price/Sales

Profitability

EBT Margin

14.39%

Return on Equity

47.34%

Return on Assets

16.5%

Fundamentals

Revenue

Revenue (TTM)

3.7B

Revenue Y/Y

15.97%

Revenue Q/Q

-3.54%

Earnings

Earnings (TTM)

437.5M

Earnings Y/Y

243.94%

Earnings Q/Q

-14.55%

Price Action

52 Week Range

118.17150.68
(Low)(High)

Last 7 days

0.8%

Last 30 days

7.7%

Last 90 days

5.7%

Trailing 12 Months

3.8%

Financial Health

Current Ratio

1.7

Investor Care

Dividend Yield

1.59%

Dividend/Share (TTM)

2.24

Buy Backs (1Y)

2.22%

Diluted EPS (TTM)

7.42

Peers (Alternatives to Lincoln Electric Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
121.5B
48.4B
12.86% 21.13%
19.7
2.51
14.00% 13.42%
34.6B
26.2B
6.34% 13.88%
16.69
1.39
8.97% -7.05%
19.0B
8.4B
12.10% -18.06%
16.29
2.27
8.57% 23.48%
11.1B
4.3B
10.21% 7.20%
28.85
2.59
12.07% -8.55%
MID-CAP
8.1B
3.7B
7.69% 3.77%
18.58
2.21
19.16% 63.79%
7.0B
4.1B
10.37% -39.34%
13.18
1.72
14.99% 5.38%
2.9B
2.1B
-2.51% -45.85%
23.63
1.43
14.05% 6.76%
2.7B
1.4B
20.33% 11.70%
7.56
2.11
3.93% -92.39%
2.6B
4.2B
28.83% -3.77%
11.17
0.62
13.76% 69.38%
2.1B
2.0B
5.97% -29.28%
14.81
1.06
9.29% 165.69%
SMALL-CAP
805.3M
921.5M
12.56% -37.56%
17.77
0.87
16.66% 841.69%
494.5M
3.4B
9.32% -27.08%
-2.2
0.15
14.41% -226.86%
318.7M
1.9B
13.38% -53.31%
21.53
0.17
15.49% 0.60%
27.1M
34.5M
-4.12% 3.67%
31.69
0.78
0.14% 184.75%
9.7M
26.7M
-0.60% -43.68%
41.49
0.36
16.03% 120.85%

Financials for Lincoln Electric Holdings

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.6%3,6753,5463,4033,2343,084
Gross Profit3.4%1,2451,2041,1451,0691,025
  S&GA Expenses1.6%643633618597583
Earnings Before Taxes23.1%529430387325335
Net Income21.5%438360328276267
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-3.3%2,6522,7422,7362,5922,569
  Current Assets-4.8%1,3951,4651,4281,2901,236
    Cash Equivalents-7.5%141153154193161
  Inventory-1.1%632639600540524
  Net PPE-2.6%490503512512520
  Goodwill-1.6%425432437430436
Liabilities-5.5%1,7281,8291,8731,7281,711
  Current Liabilities-9.2%820904928756745
    LT Debt, Current-1----
    LT Debt, Non Current-0.2%711713715717718
Shareholder's Equity1.2%924913863864858
  Retained Earnings2.4%3,2373,1613,0642,9702,930
  Additional Paid-In Capital0.7%466462451435-
Accumulated Depreciation-1.4%864876878868879
Shares Outstanding-0.3%5858585959
Minority Interest-16.7%-0.09-0.08-0.06-0.19-0.10
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations5.6%382361363365391
  Share Based Compensation-3.5%2727292422
Cashflow From Investing47.5%-82.91-157.93-242.62-205.36-213.75
Cashflow From Financing-28.9%-303.25-235.31-207.17-221.94-174.94
  Dividend Payments1.7%126124122121
  Buy Backs-9.8%217241241165104

Risks

What is the probability of a big loss on LECO?

37.7%


Probability that Lincoln Electric Holdings stock will be more than 20% underwater in next one year

18.1%


Probability that Lincoln Electric Holdings stock will be more than 30% underwater in next one year.

0%


Probability that Lincoln Electric Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LECO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Lincoln Electric Holdings was unfortunately bought at previous high price.

Returns

Cumulative Returns on LECO

14.4%


10-Year Cumulative Returns

17.1%


7-Year Cumulative Returns

13.3%


5-Year Cumulative Returns

19.1%


3-Year Cumulative Returns

What are the long-term rolling returns for LECO?

FIve years rolling returns for Lincoln Electric Holdings.

Which funds bought or sold LECO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
SOLD OFF
-
-52
-
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
NEW
-
429,000
429,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
6,086,000
6,086,000
0.07%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.8
-84,000
8,809,000
0.01%
2022-11-21
FourThought Financial, LLC
ADDED
20.6
6,000
35,000
-%
2022-11-18
RIVER & MERCANTILE ASSET MANAGEMENT LLP
NEW
-
691,000
691,000
0.13%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
2,000
91,000
-%
2022-11-17
M&T Bank Corp
ADDED
1.04
182,000
3,459,000
0.01%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
65.42
814,000
2,015,000
0.01%
2022-11-16
Retirement Systems of Alabama
REDUCED
-0.46
275,000
19,263,000
0.09%

1–10 of 48

Latest Funds Activity

Are funds buying LECO calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own LECO

Lincoln Electric Holdings News

MarketBeat

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) COO Steven B. Hedlund Sells 5991 Shares.2 days ago

LECO Fair Value

Lincoln Electric Holdings fair value in different scenarios

The table shows the Fair Value estimates for Lincoln Electric Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

68.47

-53.42%

91.71

-37.60%

137.79

-6.25%

176.78

20.27%

215.79

46.82%

Current Inflation

62.93

-57.18%

82.67

-43.75%

120.99

-17.68%

153.88

4.69%

186.26

26.72%

Very High Inflation

56.11

-61.82%

71.84

-51.12%

101.50

-30.94%

127.54

-13.23%

152.61

3.83%

Historical Lincoln Electric Holdings Fair Value Estimates


Recent SEC filings of Lincoln Electric Holdings

View All Filings
Date Filed Form Type Document
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Oct 27, 2022
8-K
Current Report
Oct 27, 2022
10-Q
Quarterly Report
Oct 25, 2022
3
Insider Trading
Oct 25, 2022
3
Insider Trading
Oct 19, 2022
4
Insider Trading

Latest Insider Trading transactions for LECO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-15
Hedlund Steven B
ACQUIRED
11,425.9
69.67
164
EVP & Chief Operating Officer
2022-11-15
Kuhrt Michele R
SOLD
-391,125
149.285
-2,620
EVP, CHRO
2022-11-15
Hedlund Steven B
SOLD
-24,594.4
149.966
-164
EVP & Chief Operating Officer
2022-11-15
Kuhrt Michele R
ACQUIRED
182,535
69.67
2,620
EVP, CHRO
2022-11-01
Allman Geoffrey P
ACQUIRED
284,476
85.3
3,335
SVP, Strategy & Business Devel
2022-11-01
Allman Geoffrey P
SOLD
-477,653
143.224
-3,335
SVP, Strategy & Business Devel
2022-10-31
Whitehead Michael J
SOLD
-933,223
140.271
-6,653
SVP, President, Global Automat
2022-10-31
Whitehead Michael J
ACQUIRED
633,169
95.1705
6,653
SVP, President, Global Automat
2022-10-31
Ansberry Jennifer I
SOLD
-1,435,880
141.118
-10,175
EVP, General Counsel & Secy
2022-10-31
Ansberry Jennifer I
ACQUIRED
899,877
88.44
10,175
EVP, General Counsel & Secy

1–10 of 50

Christopher L. Mapes
11000
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. The company serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. The company was founded in 1895 and is headquartered in Cleveland, Ohio.

LECO Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONSOLIDATED STATEMENTS OF INCOME    
Net sales (Note 2)$ 935,240$ 806,454$ 2,830,277$ 2,389,929
Cost of goods sold625,722538,2821,857,5011,593,981
Gross profit309,518268,172972,776795,948
Selling, general & administrative expenses159,045149,118492,523446,351
Rationalization and asset impairment charges (Note 6)8,3643,4849,4058,277
Operating income142,109115,570470,848341,320
Interest expense, net8,2105,71420,86716,736
Other income (expense) (Note 14)3,588(71,441)7,088(71,155)
Income before income taxes137,48738,415457,069253,429
Income taxes (Note 15)28,2626,65893,99151,259
Net income including non-controlling interests109,22531,757363,078202,170
Non-controlling interests in subsidiaries' income (loss)000131
Net income$ 109,225$ 31,757$ 363,078$ 202,039
Basic earnings per share (Note 3)$ 1.89$ 0.54$ 6.24$ 3.40
Diluted earnings per share (Note 3)1.870.536.173.36
Cash dividends declared per share$ 0.56$ 0.51$ 1.68$ 1.53

LECO Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 141,307$ 192,958
Accounts receivable (less allowance for doubtful accounts of $10,009 in 2022; $11,105 in 2021)463,106429,074
Inventories (Note 9)632,376539,919
Other current assets158,609127,642
Total Current Assets1,395,3981,289,593
Property, plant and equipment (less accumulated depreciation of $863,983 in 2022; $868,036 in 2021)489,961511,744
Goodwill424,505430,162
Other assets342,101360,808
TOTAL ASSETS2,651,9652,592,307
Current Liabilities  
Short-term debt (Note 12)68,37552,730
Trade accounts payable329,890330,230
Accrued employee compensation and benefits183,638108,562
Other current liabilities238,425264,383
Total Current Liabilities820,328755,905
Long-term debt, less current portion (Note 12)711,250717,089
Other liabilities196,159255,404
Total Liabilities1,727,7371,728,398
Shareholders' Equity  
Common Shares9,8589,858
Additional paid-in capital471,172451,268
Retained earnings3,237,2002,970,303
Accumulated other comprehensive loss(329,451)(257,386)
Treasury Shares(2,464,460)(2,309,941)
Total Shareholders' Equity924,319864,102
Non-controlling interests(91)(193)
Total Equity924,228863,909
TOTAL LIABILITIES AND TOTAL EQUITY$ 2,651,965$ 2,592,307