Lincoln Electric Holdings, Inc. (LECO) fair value analysis
Nasdaq · Updated 2026-10-19
LECO price how computed
Forward Fair Value verdict
Fairly valuedLECO is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $262.10
- Sector
- Industrials
- 12-month range
- $220.64–$298.88
- Market cap
- $14.3B
- From 52-week high
- -12.3%
- Shares outstanding
- 54.5M
- Rank in Industrials by discount to fair value
- #65 of 106
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Lincoln Electric Holdings, Inc. is a manufacturer of welding equipment, welding consumables, and cutting systems used in industrial fabrication and construction applications. The company operates globally with manufacturing facilities and sales offices across North America, Europe, Asia, and other international markets.
LECO currently ranks #65 of 106 Industrials stocks by discount to fair value. It has screened as Fairly valued for 4 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $14.3B
- P/E (trailing)
- 25x
- Revenue (TTM)
- $4.48B
- Net margin
- 12.4%
- EPS (TTM)
- $10.55
- Gross margin
- 36.8%
- Debt / equity
- 0.74
- Revenue growth (3-yr avg)
- 6.0%
- Shares outstanding
- 54.5M
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Stable
- 52-week position
- The upper-middle quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 55 · neutral
- 50-day average
- $270.93
- 200-day average
- $265.09
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $3.16 per share (4 payments)
- Yield on last price
- 1.21%
- Consecutive years of increases
- 13
- Next ex-dividend date
- 2026-12-31
- Last payment date
- 2026-10-15
Earnings how computed
- Next earnings report
- 2026-10-27 (pre-market)
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-06 ▲ beat (+4.3%)
2026-03 ▲ beat (+2.9%)
2025-12 ▲ beat (+4.3%)
2025-09 ▲ beat (+2.1%)
2025-06 ▲ beat (+12.6%)
2025-03 ▼ miss (-3.1%)
2024-12 ▲ beat (+28.9%)
2024-09 ▲ beat (+4.4%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 7 buy · 4 hold · 1 sell (12 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $304
- Target vs last price
- +16.0%
What our data shows for LECO
- Our model validated 17 trailing price-to-earnings windows for LECO, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $220.64–$298.88.
- The 14-day relative strength index sits at a neutral 55.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for LECO
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent LECO news
TickrTrends' derived news-sentiment signal for LECO is currently leaning positive, computed from recent coverage.
- Lincoln Electric Introduces XpertLINC™, a Physical AI-Technology Platform That Redefines the Future of Robotic Automation (flipboard.com, 2026-10-20)
TickrTrends take: Lincoln Electric's introduction of XpertLINC, a physical AI-technology platform for robotic automation, represents a product innovation that could expand the company's addressable market within industrial automation. Given TickrTrends' fairly valued assessment, investors should monitor whether this technology platform can drive meaningful revenue growth or margin expansion that might justify a valuation premium to the sector. The ability to commercialize and scale this AI-focused offering will be key to determining if the current valuation fairly reflects the company's future earnings potential in the Industrials sector. - Lincoln Electric (LECO) Raises Quarterly Dividend by 10%, Signaling Shareholder Value Focus (gurufocus.com, 2026-10-14)
TickrTrends take: Lincoln Electric's decision to raise its quarterly dividend by 10% demonstrates a commitment to returning cash to shareholders, which typically reflects management confidence in sustaining earnings power. Given that TickrTrends currently rates LECO as fairly valued within the Industrials sector, investors should monitor whether the company's cash generation remains sufficient to support both this increased payout and its capital allocation priorities. The dividend increase provides a potential data point for reassessing whether the fair value assessment holds if underlying business fundamentals shift or if the payout ratio reaches levels that constrain financial flexibility. - Lincoln Electric Holdings (LECO) Board Approves 10% Dividend Increase to $0.87 Quarterly (gurufocus.com, 2026-10-14)
TickrTrends take: Lincoln Electric Holdings' board approval of a dividend increase reflects management confidence in the company's cash generation capabilities and future earnings prospects. Given TickrTrends' assessment that LECO is fairly valued, investors monitoring the Industrials sector should observe whether this higher dividend payout level can be sustained without constraining capital investment or debt reduction efforts. The dividend raise may signal management's conviction about operational performance, though a fairly valued designation suggests limited upside from current price levels absent improvements in underlying fundamentals.
More LECO news
- Lincoln Electric Holdings, Inc. (LECO) Presents at 25th Annual Diversified Industrials & Services Conference Transcript (seekingalpha.com, 2026-09-24)
- Lincoln Electric Holdings, Inc. at Morgan Stanley Laguna Conference Transcript (gurufocus.com, 2026-09-17)
- Lincoln Electric Holdings, Inc. (LECO) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript (seekingalpha.com, 2026-09-17)
What people are saying
Follow the LECO conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — LECO is in a mixed trend this week after previously being in an uptrend, while its quality grade declined from B to C. The company's sector discount rank improved to number 71 from number 80, and its valuation verdict shifted from overvalued to fairly valued.
- 2026-10-05 — TickrTrends' derived indicators for LECO shifted this week, with the valuation verdict moving from Fairly valued to Overvalued. The stock, which operates in the Industrials sector, now reflects a higher valuation assessment based on the platform's analysis. This represents a notable change in the company's relative value positioning compared to the prior week's evaluation.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — TickrTrends' derived indicators for LECO show that the relative strength index moved from oversold territory into neutral zone over the past week. The stock remains fairly valued according to current valuation metrics. This shift suggests reduced momentum extremes in LECO's recent price action.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is LECO stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), LECO is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is LECO's TickrTrends verdict?
LECO's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does LECO compare to other Industrials stocks?
LECO ranks #65 of 106 Industrials stocks in TickrTrends' coverage by discount to fair value.
Is LECO overbought or oversold?
LECO's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does LECO pay a dividend?
Yes. LECO paid $3.16 per share over the last twelve months (4 payments), a 1.21% yield on TickrTrends' last price, and has raised the annual total for 13 consecutive years. The next ex-dividend date on file is 2026-12-31.
When does LECO report earnings next?
LECO's next earnings report is scheduled for 2026-10-27 (pre-market), per the published earnings calendar.
Does LECO usually beat earnings estimates?
Over its last 8 reported quarters LECO beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about LECO?
Of 12 analysts covering LECO, 7 rate it a buy, 4 a hold and 1 a sell - buy-leaning, with a consensus price target of $304 (+16.0% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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