Lincoln Electric Holdings, Inc. (LECO) Company Bio
Lincoln Electric Holdings designs, develops and manufactures arc welding products, robotic arc welding systems, plasma and oxy-fuel cutting equipment and is also in the brazing and soldering alloys market. The company was founded in 1895 and is based in Cleveland, Ohio.
LECO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Lincoln Electric Holdings Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Lincoln Electric Holdings Inc ranked in the 21th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for LECO, they are:
The company's compound free cash flow growth rate over the past 5.52 years comes in at -0.05%; that's greater than merely 18.52% of US stocks we're applying DCF forecasting to.
The business' balance sheet suggests that 9% of the company's capital is sourced from debt; this is greater than only 24.94% of the free cash flow producing stocks we're observing.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 0% of stocks in its sector (Industrials).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Lincoln Electric Holdings Inc? See CHRW, ROK, FLR, GGG, and BDC.
CLEVELAND, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that the Company’s 2021 Annual Meeting of Shareholders will be held as a virtual meeting on Thursday, April 22, 2021 at 11:00 a.m., Eastern Time. About Lincoln ElectricLincoln Electric is the world leader in the design, development and manufacture of arc welding products, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Headquartered in Cleveland, Ohio, Lincoln Electric has 59 manufacturing locations in 18 countries and a worldwide network of distributors and sales offices covering more than 160 countries. For more information about Lincoln Electric and its pr...
Lincoln Electric Holdings (NASDAQ:LECO) declared a dividend payable on January 15, 2021 to its shareholders as of October 20, 2020. It was also announced that shareholders of Lincoln Electric Holdings's stock as of December 31, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Lincoln Electric Holdings has an ex-dividend date planned for December 30, 2020. The company's current dividend payout sits at $0.51. That equates to a dividend yield of 2.02% at current price levels.Understanding Ex-Dividend Dates'An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before i...