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The closing price of Lincoln Electric Holdings, Inc. (NASDAQ: LECO) was $175.89 for the day, down -5.83% from the previous closing price of $186.77. In other words, the price has decreased by -$5.83 from its previous closing price. On the day, 0.58 million shares were traded. LECO stock price reached its highest trading level at $183.0 during the session, while it also had its lowest trading level at $174.02.
Ratios:
Our analysis of LECO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 2.06. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.87.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on January 08, 2024, initiated with a Underweight rating and assigned the stock a target price of $178.
On October 31, 2023, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $210.
On September 27, 2023, UBS started tracking the stock assigning a Sell rating and target price of $170.UBS initiated its Sell rating on September 27, 2023, with a $170 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 14 ’24 when MAPES CHRISTOPHER L sold 83,490 shares for $247.20 per share. The transaction valued at 20,639,041 led to the insider holds 107,267 shares of the business.
MAPES CHRISTOPHER L sold 76,365 shares of LECO for $19,090,068 on Mar 13 ’24. The EXECUTIVE CHAIRMAN now owns 107,267 shares after completing the transaction at $249.98 per share. On Mar 01 ’24, another insider, Kuhrt Michele R, who serves as the EVP, CHRO of the company, sold 3,954 shares for $253.89 each. As a result, the insider received 1,003,883 and left with 18,639 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LECO now has a Market Capitalization of 10580698112 and an Enterprise Value of 11472942080. As of this moment, Lincoln’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.89, and their Forward P/E ratio for the next fiscal year is 18.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 7.59. Its current Enterprise Value per Revenue stands at 2.802 whereas that against EBITDA is 14.288.
Stock Price History:
Over the past 52 weeks, LECO has reached a high of $261.13, while it has fallen to a 52-week low of $164.00. The 50-Day Moving Average of the stock is -9.72%, while the 200-Day Moving Average is calculated to be -18.72%.
Shares Statistics:
LECO traded an average of 362.16K shares per day over the past three months and 193510 shares per day over the past ten days. A total of 56.98M shares are outstanding, with a floating share count of 54.16M. Insiders hold about 4.44% of the company’s shares, while institutions hold 79.77% stake in the company. Shares short for LECO as of 1723680000 were 1010471 with a Short Ratio of 2.79, compared to 1721001600 on 992281. Therefore, it implies a Short% of Shares Outstanding of 1010471 and a Short% of Float of 1.8099998999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 2.77, LECO has a forward annual dividend rate of 2.77. Against a Trailing Annual Dividend Yield of 0.014831075The stock’s 5-year Average Dividend Yield is 1.64.
