Stock To Watch: Lincoln Electric Holdings, Inc. (NASDAQ:LECO)


The leading market experts have placed a mean price target of $65.50 on Lincoln Electric Holdings, Inc. (NASDAQ:LECO) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.87 a share for the upcoming quarter and $3.31 for the current fiscal. Technical View The technical analysis of Lincoln Electric Holdings, Inc. plainly substantiates that the 50-day moving average of Lincoln Electric Holdings, Inc. is $59.89, and stock is hovering 1.66 or +2.77% distant from $59.89. It is noted that the 200-day MA is $57.72, and Lincoln Electric Holdings, Inc. stock is $3.83 or +6.64% off from this point. Lincoln Electric Holdings, Inc. (NASDAQ:LECO) 52-week high is $64.79 and the 52-week low is $45.54. This explains if the stock moves $-3.24, it will post a 52-week high. In event of $+35.16% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Lincoln Electric Holdings, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Lincoln Electric Holdings, Inc. (NASDAQ:LECO) ratio came in at 40.18. The stock last ended the trading session at $61.55 and registered a market cap of $4.24B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Lincoln Electric Holdings, Inc. (NASDAQ:LECO) PEG ratio is at 3.11.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 13 times, 1 visits today)