Lincoln Electric ,,, Buy opportunity Uptrend
In my view, it's started a new uptrend after a breakout of a descending trend line and passing of a price level. Next target would be 195 and 210 and sure place for SL at about 175.
Next report date
Report period
Q2 2024
EPS estimate
43.30MXN
Revenue estimate
18.76 BMXN
158.46MXN
9.26 BMXN
71.11 BMXN
55.63 M
About Lincoln Electric Holdings, Inc.
Sector
Industry
CEO
Steven Bradford Hedlund
Website
Headquarters
Cleveland
Employees (FY)
12 K
Founded
1895
Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products, and other welding and cutting products. It operates through the following segments: Americas Welding, International Welding, and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily deals with welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group segment refers to the company's global cutting, soldering, and brazing businesses as well as the retail business in the United States. The company was founded by John C. Lincoln and James F. Lincoln on December 5, 1895 and is headquartered in Cleveland, OH.
LECO, Watching As you see, The chart has been in a corrective wave and it has been finished after touching a PRZ at about 50-61.8 fib ret and also reaction to a top level.
Low risk traders can wait for passing of 186 then get position.
Another positive sign is the recent Pocket Pivot signal.We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 58.3. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.04, a stop order could
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Frequently Asked Questions
The current price of LECO is 4306.17 MXN — it has increased by 19.06% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BMV exchange LINCOLN ELECTRIC HLDGS INC stocks are traded under the ticker LECO.
LINCOLN ELECTRIC HLDGS INC is going to release the next earnings report on Jul 23, 2024. Keep track of upcoming events with our Earnings Calendar.
LECO stock is 16.01% volatile and has beta coefficient of 1.16. Check out the list of the most volatile stocks — is LINCOLN ELECTRIC HLDGS INC there?
LECO earnings for the last quarter are 41.61 MXN per share, whereas the estimation was 36.98 MXN resulting in a 12.55% surprise. The estimated earnings for the next quarter are 35.94 MXN per share. See more details about LINCOLN ELECTRIC HLDGS INC earnings.
LINCOLN ELECTRIC HLDGS INC revenue for the last quarter amounts to 17.98 B MXN despite the estimated figure of 17.57 B MXN. In the next quarter revenue is expected to reach 17.24 B MXN.
Yes, you can track LINCOLN ELECTRIC HLDGS INC financials in yearly and quarterly reports right on TradingView.
LECO stock hasn't changed in a week, the last month showed zero change in price, over the last year LINCOLN ELECTRIC HLDGS INC has showed a 30.37% increase.
LECO net income for the last quarter is 2.05 B MXN, while the quarter before that showed 2.66 B MXN of net income which accounts for −23.13% change. Track more LINCOLN ELECTRIC HLDGS INC financial stats to get the full picture.
Today LINCOLN ELECTRIC HLDGS INC has the market capitalization of 224.79 B, it has decreased by 0.43% over the last week.
Yes, LECO dividends are paid quarterly. The last dividend per share was 11.75 MXN. As of today, Dividend Yield (TTM)% is 1.17%. Tracking LINCOLN ELECTRIC HLDGS INC dividends might help you take more informed decisions.
LINCOLN ELECTRIC HLDGS INC dividend yield was 1.21% in 2023, and payout ratio reached 28.08%. The year before the numbers were 1.61% and 28.86% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, LECO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade LINCOLN ELECTRIC HLDGS INC stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 28, 2024, the company has 12.00 K employees. See our rating of the largest employees — is LINCOLN ELECTRIC HLDGS INC on this list?
We've gathered analysts' opinions on LINCOLN ELECTRIC HLDGS INC future price: according to them, LECO price has a max estimate of 4989.16 MXN and a min estimate of 3182.74 MXN. Read a more detailed LINCOLN ELECTRIC HLDGS INC forecast: see what analysts think of LINCOLN ELECTRIC HLDGS INC and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. LINCOLN ELECTRIC HLDGS INC EBITDA is 13.10 B MXN, and current EBITDA margin is 18.67%. See more stats in LINCOLN ELECTRIC HLDGS INC financial statements.