Lincoln Electric Holdings, Inc (NASDAQ:LECO) currently has a daily average trading volume of 361.91K but it saw 287698 shares traded in last market. With a market cap of 11.23B USD, the company’s current market price of $201.08 came rising about 0.41 while comparing to the previous closing price of $200.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $222.52 and as low as $161.11.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which initiated the stock as “Underweight” in its note to investors issued on January 08, 2024, recommending a price target of $178 for it. Seaport Research Partners upgraded its recommendation for the stock as a “Buy” from “Neutral” on October 31, 2023 while assigning a price target of $210. UBS also issued its recommendations for the stock as it initiated the price target for the stock is $170.
Over the week, LECO’s stock price is moving -1.26% down while it is -0.18% when we observe its performance for the past one month. Year-to-date it is 7.26% up and over the past year, the stock is showing an upside performance of 10.34%.
Currently, Lincoln Electric Holdings, Inc’s total number of outstanding shares is 55.83M. Company’s return on investment (ROI) stands at 18.23% and return on equity (ROE) at 34.83%. It has a price to earnings ratio (P/E ratio) of 24.82 while having a 20.20 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 8.38 while price to sale or P/S ratio amounts to 2.78. Its return on asset (ROA) is 13.17% on average.
