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After finishing at $237.61 in the prior trading day, Lincoln Electric Holdings, Inc. (NASDAQ: LECO) closed at $227.93, down -4.07%. In other words, the price has decreased by -$4.07 from its previous closing price. On the day, 0.75 million shares were traded. LECO stock price reached its highest trading level at $233.7 during the session, while it also had its lowest trading level at $222.03.
Ratios:
Our goal is to gain a better understanding of LECO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 0.89 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 05 ’24, another insider, MAPES CHRISTOPHER L, who serves as the EXECUTIVE CHAIRMAN of the company, sold 17,439 shares for $253.11 each. As a result, the insider received 4,413,974 and left with 107,267 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 12952189952 and an Enterprise Value of 14267769856. As of this moment, Lincoln’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.32, and their Forward P/E ratio for the next fiscal year is 21.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.09 while its Price-to-Book (P/B) ratio in mrq is 9.92. Its current Enterprise Value per Revenue stands at 3.404 whereas that against EBITDA is 18.072.
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 $155.21. The 50-Day Moving Average of the stock is -8.14%, while the 200-Day Moving Average is calculated to be 8.58%.
Shares Statistics:
The stock has traded on average 284.93K shares per day over the past 3-months and 292510 shares per day over the last 10 days, according to various share statistics. A total of 56.98M shares are outstanding, with a floating share count of 55.63M. Insiders hold about 2.09% of the company’s shares, while institutions hold 80.66% stake in the company. Shares short for LECO as of 1713139200 were 964082 with a Short Ratio of 3.38, compared to 1710460800 on 1245374. Therefore, it implies a Short% of Shares Outstanding of 964082 and a Short% of Float of 1.73.
Dividends & Splits
In the trailing 12 months, LECO’s forward annual dividend rate was 2.63, compared to 2.70 this year. Against a Trailing Annual Dividend Yield of 0.011068558The stock’s 5-year Average Dividend Yield is 1.71.
