How to Buy Lincoln Electric Holdings Stock
Lincoln Electric Holdings Inc
Lincoln Electric Holdings, Inc. , through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide.
Lincoln Electric Holdings stock last closed at $222.93, up 0.17% from the previous day, and has increased 31.17% in one year. It has overperformed other stocks in the Tools & Accessories industry by 0.28 percentage points. Lincoln Electric Holdings stock is currently +35.93% from its 52-week low of $164.00, and -14.63% from its 52-week high of $261.13.
As of May 3, 2024, there are 56.91M LECO shares outstanding. The market value of LECO is $12.69B. In the last 24 hours, 199,188 LECO shares were traded.
How to Buy Lincoln Electric Holdings Stock
Not sure how to invest in Lincoln Electric Holdings stock? Here's how.
- Figure out where to buy Lincoln Electric Holdings stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Lincoln Electric Holdings stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your info.
- Analyze Lincoln Electric Holdings stock: The Lincoln Electric Holdings ticker symbol is LECO. Is Lincoln Electric Holdings stock a good investment? Should you buy shares of LECO? How do LECO's underlying business fundamentals look? Do top analysts think Lincoln Electric Holdings is a good buy? Why has LECO's stock price moved recently? (Hint: Our stock market research website can help you figure out if LECO is a good stock to buy).
- Execute your LECO purchase: Decide if you will purchase LECO shares at the current market price or use a limit order to buy LECO stock at a particular price.
- Get notifications regarding your LECO position: Create a watchlist to important updates regarding your investment in Lincoln Electric Holdings shares.
Step 1: Figure out where to buy Lincoln Electric Holdings stock
You need a brokerage account to access the NASDAQ market and buy LECO stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you are able to invest in LECO stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on one of the best stock apps, you need to deposit funds:
Watch this video walkthrough to see the process of depositing funds into your investment account.
Step 4: Analyze Lincoln Electric Holdings stock
Once you have chosen the best place to buy Lincoln Electric Holdings stock, it's critical to research their stock before you invest, so you truly comprehend the risk and opportunity.
Lincoln Electric Holdings stock at a glance
Lincoln Electric Holdings Fundamentals
WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on LECO's stock page.
What is the fair value of LECO stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LECO's intrinsic value.
Using relative valuations metrics:
- LECO could be undervalued based on its P/E ratio of 23.32x, relative to Tools & Accessories industry P/E ratio of -11.83x
- LECO could be overvalued based on its P/B ratio of 9.7x, relative to Tools & Accessories industry P/B ratio of 2.7x
You can do additional valuation analysis on LECO's stock here.
LECO Financial Health Overview
Signs that LECO is financially healthy:
- Total LECO debt is lower than 5 years ago, relative to shareholder equity.
- LECO earnings of $730.00M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the LECO balance sheet.
- There are more short-term assets than short-term liabilities on the LECO balance sheet.
- LECO's operating cash flow of $676.91M allows it to safely service it's debt of $1.11B.
- LECO profit margin has gone up from 12.1% to 13.2% in the past year.
Signs that LECO is not financially healthy:
- LECO has a relatively high debt to equity ratio of 1.58.
Is it a good time to buy Lincoln Electric Holdings stock, according to analysts?
Out of 5 Equities analysts who give recommendations on LECO, the consensus analyst rating on Lincoln Electric Holdings is a Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Lincoln Electric Holdings stock forecast page.
LECO Trading Indicators
LECO Growth Numbers
Last year, LECO earnings were $546.73M. During the past five year, LECO's earnings have gone up by 15.65% per year. This was faster than the Tools & Accessories industry average of 5.82%.
Last year, LECO revenue was $4.13B. During the last 5 year, LECO's revenue has grown by 6.41% per year. This was slower than the Tools & Accessories industry average of 6.59%.
You can analyze LECO's earnings and revenue performance here.
Who is buying/selling LECO?
In the past year, executives and large shareholders at LECO have sold more shares than they have bought.
Gregory Doria, SVP PRES HARRIS AND ASIA PAC of LECO, was the latest LECO insider to sell. They sold $28,126.48 worth of LECO stock on Apr 19, 2024.
Dig into more about who owns LECO shares here.
Does LECO stock generate passive income?
Lincoln Electric Holdings pays a dividend of 1.21%, compared to the Tools & Accessories industry's average dividend yield of 2.29%. If you owned $1,000 of LECO stock, you would have received $12.11 in the past year.
Lincoln Electric Holdings dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Lincoln Electric Holdings dividend yield and history here.
What others are saying about LECO
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your LECO purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, use a limit order.
Click the Open button and your broker will execute the order.
If you require more help investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your LECO position
Now that you own some LECO stock, you'll want to stay up-to-date on your new company.
Put LECO on a watchlist to track the most important metrics related to your LECO stock.
LECO Feed
How to Buy Stock in Lincoln Electric Holdings
To summarize, here are the 6 steps to buy stock in Lincoln Electric Holdings:
- Figure out where to buy Lincoln Electric Holdings stock
- Create a brokerage account
- Fund your investment account
- Analyze Lincoln Electric Holdings stock
- Execute your LECO purchase
- Get notifications regarding your LECO position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Lincoln Electric Holdings, add LECO to your watchlist below.
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