
LECO Stock Forecast & Price Target
LECO Analyst Ratings
Bulls say
Lincoln Electric Holdings is positioned favorably within the manufacturing sector, having experienced revenue growth that surpasses competitors like ESAB, particularly due to its strong presence in the Americas. The company is projected to achieve a 36 basis points increase in EBIT margin, reaching 11.4%, which indicates improved operational efficiency. Additionally, the Harris Products Group is anticipated to see a 7.3% rise in year-over-year revenue, supported by both unit volume and pricing strategies, further contributing to the company's positive financial outlook.
Bears say
Lincoln Electric Holdings has reported a decline in unit sales, with a consistent 1.3% to 1% drop observed across their financials, indicating potential weakness in demand. Although there has been a positive contribution from pricing and acquisitions, the overall impact of external factors, such as a headwind from foreign exchange, further complicates the financial landscape. Additionally, the welding industry's tendency to contract during periods of slowing industrial activity raises concerns about Lincoln Electric's long-term growth prospects in a potentially weakening economic environment.
This aggregate rating is based on analysts' research of Lincoln Electric Hlds and is not a guaranteed prediction by Public.com or investment advice.
LECO Analyst Forecast & Price Prediction
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