For its first fiscal quarter (ending March 31), Lincoln Electric Holdings Inc (NASDAQ: LECO) has reported E.P.S. of $2.17 compared to $2.12 a year ago. For the latest four quarters through March 31, E.P.S. were $9.57 compared to $8.10 a year ago.
Recent Price Action
Lincoln Electric Holdings Inc (NASDAQ: LECO) stock closed at $227.93 on 4/25/24 after a decline of -4.1%. Moreover, this decline was accompanied by exceptionally high trading volume at 268% of normal. The stock has declined -3.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LECO is expected to continue to be a major Value Builder.
Lincoln Electric Holdings has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Lincoln Electric Holdings has a poor Appreciation Score of 24 but a very high Power Rating of 87, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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