Lincoln Electric Holdings Inc (NASDAQ: LECO) |
|
Price: $194.0000
$0.50
0.258%
|
Day's High:
| $194.43
| Week Perf:
| 0.39 %
|
Day's Low: |
$ 189.19 |
30 Day Perf: |
4.05 % |
Volume (M): |
332 |
52 Wk High: |
$ 261.13 |
Volume (M$): |
$ 64,330 |
52 Wk Avg: |
$207.65 |
Open: |
$190.38 |
52 Wk Low: |
$169.51 |
|
|
Market Capitalization (Millions $) |
11,043 |
Shares
Outstanding (Millions) |
57 |
Employees |
11,900 |
Revenues (TTM) (Millions $) |
4,044 |
Net Income (TTM) (Millions $) |
482 |
Cash Flow (TTM) (Millions $) |
62 |
Capital Exp. (TTM) (Millions $) |
110 |
Lincoln Electric Holdings Inc
The Company is one of only a few worldwide broad-line manufacturers of welding,
cutting and brazing products. Welding products include arc welding power sources,
plasma cutters, wire feeding systems, robotic welding packages, integrated automation
systems, fume extraction equipment, consumable electrodes, fluxes and welding
accessories. The Companys product offering also includes computer numeric controlled
("CNC") plasma and oxy-fuel cutting systems and regulators and torches
used in oxy-fuel welding, cutting and brazing. In addition, the Company has
a leading global position in the brazing and soldering alloys market.
The arc welding power sources and wire feeding systems manufactured by the Company
range in technology from basic units used for light manufacturing and maintenance
to highly sophisticated robotic applications for high volume production welding
and fabrication. Three primary types of arc welding electrodes are produced:
(1) coated manual or stick electrodes; (2) solid electrodes produced in coil,
reel or drum forms for continuous feeding in mechanized welding; and (3) cored
electrodes produced in coil form for continuous feeding in mechanized welding.
The Company has, through wholly-owned subsidiaries or joint ventures, manufacturing
facilities located in the United States, Australia, Brazil, Canada, China, Colombia,
France, Germany, India, Indonesia, Italy, Mexico, the Netherlands, Poland, Portugal,
Russia, Turkey, the United Kingdom and Venezuela.
Tthe Companys business units were aligned into five operating segments. The
operating segments consist of North America Welding, Europe Welding, Asia Pacific
Welding, South America Welding and The Harris Products Group. The North America
Welding segment primarily includes welding operations in the United States,
Canada and Mexico. The Europe Welding segment includes welding operations in
Europe, Russia, Africa and the Middle East. The Asia Pacific Welding segment
primarily includes welding operations in China and Australia. The South America
Welding segment primarily includes welding operations in Brazil, Colombia and
Venezuela. The Harris Products Group includes the Companys global cutting,
soldering and brazing businesses as well as the retail business in the United
States.
Company Address: 22801 St. Clair Avenue Cleveland 44117 OH
Company Phone Number: 481-8100 Stock Exchange / Ticker: NASDAQ LECO
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Lincoln Electric Holdings Inc
roduction In the competitive landscape of the Industrial Machinery and Components sector, Lincoln Electric Holdings Inc. (Nasdaq: LECO) reported disappointing earnings results for the fiscal period ending June 30, 2024. Despite a slight uptick in stock performance recently, the company's financial metrics indicate challenges that deserve further examination. This article delves into the specifics of the company's earnings release, providing context for its performance relative to industry trends and potential future impacts. Fiscal Performance Overview For the second quarter of fiscal year 2024, Lincoln Electric Holdings reported a net income of $101.7 million, equating to a diluted earnings per share (EPS) of $1.77. This represents a significant decline of 25% year-over-year from $137.3 million or $2.36 EPS during the same period in 2023. Notably, this drop in earnings can largely be attributed to special items impacting the financials; the current quarter included after-tax net charges of $32.6 million, compared to $4.9 million in the previous year.
|
Lincoln Electric Holdings Inc
Interpreting the financial results of Lincoln Electric Holdings Inc for the January to March 31, 2024 fiscal time-frame, it is evident that the company faced a challenging period with weak revenue, but managed to grow its earnings per share. Despite a decline in revenue by -5.582% to $980.40 million compared to the previous year, earnings increased moderately by 2.39% to $2.14 per share. This performance stands in contrast to the on average Industrial Machinery and Components industry, which recorded revenue growth in the first quarter of 2024. The industry saw a deterioration in earnings by -21% from the preceding financial reporting period and a decline in revenue by -7.512% compared to the previous year.
|
Lincoln Electric Holdings Inc
Lincoln Electric Holdings Inc. has delivered impressive financial results during the fourth quarter of 2023, outperforming many other companies in the Industrial Machinery and Components sectors. The company reported a significant increase in profit per share, up 42.82% to $2.71 per share. Additionally, revenue saw a boost of 13.739% to $1.06 billion compared to the same period in the previous year. These strong financial results are notable, especially considering that many other corporations in the same industry are struggling with declining businesses and fading revenue. Lincoln Electric Holdings Inc. seems to be thriving in this challenging environment, attracting business partners who are looking for reliability and value.
|
Dividend
Published Tue, Feb 20 2024 9:30 PM UTC
In a recent press release, Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced that its Board of Directors has approved a quarterly cash dividend of $0.71 per common share. The dividend will be payable on April 15, 2024, to shareholders of record as of March 31, 2024. This news comes amidst Lincoln Electric Holdings Inc. stock s solid gain of 7.86% in the past...
|
Lincoln Electric Holdings Inc
Financial News Report: LECO Reports Strong Revenue Growth and Increased EPS in Q2 2023 Lincoln Electric Holdings Inc (LECO) has announced positive financial results for the financial interval ending June 30, 2023. The company reported a significant rise in both top-line and bottom-line figures. Revenue stood at $1.06 billion, representing a year-on-year increase of 9.381% and a quarter-on-quarter surge of 2.126%. Furthermore, the income per share (EPS) showed a sequential increase of 8.26% to $2.36, and a quarter-on-quarter surge of 12.92%. LECO's revenue growth in the second quarter of 2023 aligns well with its peers in the Industrial Machinery and Components sector, which reported an average top-line increase of 3.68% during the same period. This positive trend indicates LECO's ability to outperform its competitors in the industry. Net earnings for the financial interval ending June 30, 2023, reached $137.331 million, demonstrating a 7.44% increase compared to the same interval a year ago. The company's focus on improving sales during this period has resulted in a slight ease in net margin, which now stands at 12.95%.
|
Per Share |
Current |
Earnings (TTM) |
8.39 $ |
Revenues (TTM) |
71.05 $
|
Cash Flow (TTM) |
1.08 $ |
Cash |
7.1 $
|
Book Value |
23.53 $
|
Dividend (TTM) |
2.84 $ |
|
Per Share |
|
Earnings (TTM) |
8.39 $
|
Revenues (TTM) |
71.05 $ |
Cash Flow (TTM) |
1.08 $ |
Cash |
7.1 $
|
Book Value |
23.53 $ |
Dividend (TTM) |
2.84 $ |
|
|
|
Consumables |
|
52.34 % |
of total Revenue |
Equipment |
|
47.73 % |
of total Revenue |
Inter-segment |
|
-4.21 % |
of total Revenue |
Corporate Eliminations |
|
-4.21 % |
of total Revenue |
Americas Welding |
|
67.94 % |
of total Revenue |
Americas Welding Inter-segment |
|
3.14 % |
of total Revenue |
International Welding |
|
22.74 % |
of total Revenue |
International Welding Inter-segment |
|
0.75 % |
of total Revenue |
The Harris Products Group |
|
13.6 % |
of total Revenue |
The Harris Products Group Inter-segment |
|
0.32 % |
of total Revenue |
|
|