The leading market experts have placed a mean price target of $68.00 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 $0.81 a share for the upcoming quarter and $3.23 for the current fiscal.
The technical analysis of Lincoln Electric Holdings, Inc. plainly substantiates that the 50-day moving average of Lincoln Electric Holdings, Inc. is $63.19, and stock is trading $0.82 points away or +1.29% from its 50-day moving average of $63.19. Further it is trading $3.69 or +6.11% away its 200-day moving average of $60.32. Lincoln Electric Holdings, Inc. (NASDAQ:LECO) 52-week high is $65.33 and the 52-week low is $45.54.
This explains if the stock moves $-1.32, it will post a 52-week high. In event of +40.56% 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 62.57.
The stock last ended the trading session at $64.01 and registered a market cap of $4.31B. 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 2.04.
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