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NASDAQ: LECO
Lincoln Electric Holdings Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for LECO

Based on 5 analysts offering 12 month price targets for Lincoln Electric Holdings Inc.
Min Forecast
$132.00-0.86%
Avg Forecast
$142.80+7.25%
Max Forecast
$155.00+16.41%

Should I buy or sell LECO stock?

Based on 5 analysts offering ratings for Lincoln Electric Holdings Inc.
Buy
Strong Buy
1 analysts 20%
Buy
1 analysts 20%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

LECO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Morgan Stanley
Bottom 18%
18
HoldMaintains$142.00+6.65%2021-07-28
Oppenheimer
Top 16%
85
BuyMaintains$155.00+16.41%2021-07-28
Barclays
Bottom 12%
12
Strong BuyMaintains$145.00+8.90%2021-07-14
Anonymous
Morgan Stanley
HoldMaintains$132.00-0.86%2021-04-28
Vertical Research
Top 50%
51
HoldUpgrades$140.00+5.14%2021-04-28

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Forecast return on equity

Is LECO forecast to generate an efficient return?
Company
56.02%
Industry
27.41%
Market
2,530.69%
LECO's Return on Equity is forecast to be high in 3 years (56.02%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is LECO forecast to generate an efficient return on assets?
Company
19.17%
Industry
10.7%
Market
1,237.47%
LECO is forecast to generate higher Return on Assets (19.17%) than the US Industrials industry average (10.7%)
Forecast

LECO earnings per share forecast

What is LECO's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$6.16+24.7%
Avg 2 year Forecast
$6.78+37.25%
Avg 3 year Forecast
$7.55+52.83%
LECO's earnings are forecast to grow at a rate of 15.02% per year, which is not exceptional
Forecast

LECO revenue forecast

What is LECO's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.2B+9%
Avg 2 year Forecast
$3.4B+16.2%
Avg 3 year Forecast
$3.6B+22.9%
LECO's revenue is forecast to grow at a rate of 7.15% per year, which is not exceptional
Forecast

LECO earnings growth forecast

How is LECO forecast to perform vs Industrials companies and vs the US market?
Company
15.02%
Industry
18.7%
Market
18.62%
LECO's earnings are forecast to grow slower (15.02% per year) than the US Industrials industry average (18.7%)
Forecast
LECO's earnings are forecast to grow slower (15.02% per year) than the US market average (18.62%)
Forecast
LECO's earnings are forecast to grow faster (15.02% per year) than the risk-free savings rate (1.5%)
Forecast

LECO revenue growth forecast

How is LECO forecast to perform vs Industrials companies and vs the US market?
Company
7.15%
Industry
11.51%
Market
12.38%
LECO's revenues are forecast to grow slower (7.15% per year) than the US Industrials industry average (11.51%)
Forecast
LECO's revenues are forecast to grow slower (7.15% per year) than the US market average (12.38%)
Forecast

Lincoln Electric Holdings Stock Forecast FAQ

Is Lincoln Electric Holdings Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: LECO) stock is to Buy LECO stock.

Out of 5 analysts, 1 (20%) are recommending LECO as a Strong Buy, 1 (20%) are recommending LECO as a Buy, 3 (60%) are recommending LECO as a Hold, 0 (0%) are recommending LECO as a Sell, and 0 (0%) are recommending LECO as a Strong Sell.

What is LECO's earnings growth forecast for 2021-2023?

(NASDAQ: LECO) Lincoln Electric Holdings's forecast annual earnings growth rate of 15.02% is not forecast to beat the US Industrials industry's average forecast earnings growth rate of 18.7%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.62%.

Lincoln Electric Holdings's earnings in 2021 is $293,839,000.On average, 6 Wall Street analysts forecast LECO's earnings for 2021 to be $365,821,462, with the lowest LECO earnings forecast at $362,258,266, and the highest LECO earnings forecast at $369,384,658. On average, 7 Wall Street analysts forecast LECO's earnings for 2022 to be $402,641,155, with the lowest LECO earnings forecast at $350,974,812, and the highest LECO earnings forecast at $424,614,197.

In 2023, LECO is forecast to generate $448,368,838 in earnings, with the lowest earnings forecast at $440,054,713 and the highest earnings forecast at $460,246,158.

What is LECO's revenue growth forecast for 2021-2023?

(NASDAQ: LECO) Lincoln Electric Holdings's forecast annual revenue growth rate of 7.15% is not forecast to beat the US Industrials industry's average forecast revenue growth rate of 11.51%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.38%.

Lincoln Electric Holdings's revenue in 2021 is $2,946,157,000.On average, 6 Wall Street analysts forecast LECO's revenue for 2021 to be $190,703,797,183, with the lowest LECO revenue forecast at $189,247,281,407, and the highest LECO revenue forecast at $192,175,040,836. On average, 8 Wall Street analysts forecast LECO's revenue for 2022 to be $203,307,653,059, with the lowest LECO revenue forecast at $195,548,199,773, and the highest LECO revenue forecast at $209,217,807,591.

In 2023, LECO is forecast to generate $215,026,529,808 in revenue, with the lowest revenue forecast at $213,516,209,771 and the highest revenue forecast at $216,582,933,847.

What is LECO's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: LECO) forecast ROA is 19.17%, which is higher than the forecast US Industrials industry average of 10.7%.

What is LECO's Price Target?

According to 5 Wall Street analysts that have issued a 1 year LECO price target, the average LECO price target is $142.80, with the highest LECO stock price forecast at $155.00 and the lowest LECO stock price forecast at $132.00.

On average, Wall Street analysts predict that Lincoln Electric Holdings's share price could stay at $142.80 by Jul 28, 2022. The average Lincoln Electric Holdings stock price prediction forecasts a potential downside of N/A from the current LECO share price of $133.15.

What is LECO's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: LECO) Lincoln Electric Holdings's current Earnings Per Share (EPS) is $4.94. On average, analysts forecast that LECO's EPS will be $6.16 for 2021, with the lowest EPS forecast at $6.10, and the highest EPS forecast at $6.22. On average, analysts forecast that LECO's EPS will be $6.78 for 2022, with the lowest EPS forecast at $5.91, and the highest EPS forecast at $7.15. In 2023, LECO's EPS is forecast to hit $7.55 (min: $7.41, max: $7.75).

What is LECO's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: LECO) forecast ROE is 56.02%, which is considered strong.
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