Lincoln Electric Holdings, Inc. (LECO) EPS Estimated At $0.93

September 22, 2017 - By Stephen Andrade

 Lincoln Electric Holdings, Inc. (LECO) EPS Estimated At $0.93
Investors sentiment increased to 1.48 in 2017 Q2. Its up 0.48, from 1 in 2017Q1. It increased, as 22 investors sold Lincoln Electric Holdings, Inc. shares while 81 reduced holdings. 59 funds opened positions while 93 raised stakes. 42.57 million shares or 3.14% more from 41.27 million shares in 2017Q1 were reported.
State Of Tennessee Treasury Department accumulated 22,600 shares. Natl Bank Of New York Mellon reported 0.02% stake. Credit Suisse Ag, a Switzerland-based fund reported 84,833 shares. Moreover, Neuberger Berman Limited Liability has 0% invested in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) for 3,533 shares. Eagle Asset Mngmt Inc has 10,943 shares. Quantitative Systematic Strategies Ltd holds 0.11% or 4,889 shares. Colony Gp reported 29,781 shares stake. Covington Capital holds 0.16% of its portfolio in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) for 22,100 shares. California Pub Employees Retirement reported 135,300 shares. Piermont Capital Management owns 6,050 shares or 0.16% of their US portfolio. Teacher Retirement System Of Texas owns 4,727 shares for 0% of their portfolio. Bbva Compass Bancorporation reported 6,552 shares or 0.04% of all its holdings. Dubuque Bank Trust reported 0.01% of its portfolio in Lincoln Electric Holdings, Inc. (NASDAQ:LECO). Ahl Prtn Limited Liability Partnership has 0.06% invested in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) for 29,525 shares. First Tru Advsr L P has invested 0.06% in Lincoln Electric Holdings, Inc. (NASDAQ:LECO).

Since May 2, 2017, it had 0 insider purchases, and 7 selling transactions for $5.08 million activity. On Tuesday, May 2 GUNNING DAVID H sold $449,979 worth of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) or 5,000 shares. The insider Flohn Thomas A sold 8,540 shares worth $769,881. The insider MACDONALD WILLIAM E III sold $493,405. Another trade for 5,630 shares valued at $536,731 was made by Bruno Gabriel on Friday, June 9. The insider Hedlund Steven B sold 4,503 shares worth $425,069. Another trade for 22,500 shares valued at $2.00 million was sold by LINCOLN G RUSSELL.

Analysts await Lincoln Electric Holdings, Inc. (NASDAQ:LECO) to report earnings on October, 20. They expect $0.93 EPS, up 4.49 % or $0.04 from last year’s $0.89 per share. LECO’s profit will be $61.30M for 24.96 P/E if the $0.93 EPS becomes a reality. After $0.97 actual EPS reported by Lincoln Electric Holdings, Inc. for the previous quarter, Wall Street now forecasts -4.12 % negative EPS growth. About 192,493 shares traded. Lincoln Electric Holdings, Inc. (NASDAQ:LECO) has risen 53.15% since September 23, 2016 and is uptrending. It has outperformed by 36.45% the S&P500.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Ratings Coverage

Among 13 analysts covering Lincoln Electric (NASDAQ:LECO), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. Lincoln Electric had 31 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Deutsche Bank to “Buy” on Friday, August 4. RBC Capital Markets maintained the shares of LECO in report on Wednesday, July 26 with “Hold” rating. Barclays Capital maintained Lincoln Electric Holdings, Inc. (NASDAQ:LECO) rating on Monday, July 11. Barclays Capital has “Equalweight” rating and $52 target. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, July 4 report. The rating was upgraded by Longbow to “Neutral” on Wednesday, February 15. The rating was maintained by RBC Capital Markets on Tuesday, July 28 with “Sector Perform”. The rating was downgraded by Stifel Nicolaus to “Hold” on Thursday, December 8. The stock of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) earned “Neutral” rating by Northcoast on Tuesday, November 15. The company was maintained on Friday, September 1 by Stifel Nicolaus. The firm has “Buy” rating given on Wednesday, July 20 by Wunderlich.

Lincoln Electric Holdings, Inc. is a maker of welding, cutting and brazing products. The company has market cap of $6.12 billion. The Firm operates through three divisions: Americas Welding, International Welding and The Harris Products Group. It has a 26.85 P/E ratio. The Americas Welding segment includes welding activities in North and South America.

More notable recent Lincoln Electric Holdings, Inc. (NASDAQ:LECO) news were published by: Seekingalpha.com which released: “Lincoln Electric Holdings’ (LECO) CEO Chris Mapes on Q2 2017 Results …” on July 25, 2017, also Globenewswire.com with their article: “Lincoln Electric Enters Into Exclusive Negotiations With Air Liquide to …” published on March 02, 2017, Forbes.com published: “Ex-Dividend Reminder: Republic Services, Flowserve and Lincoln Electric Holdings” on December 27, 2016. More interesting news about Lincoln Electric Holdings, Inc. (NASDAQ:LECO) were released by: Nasdaq.com and their article: “Why Is Lincoln Electric (LECO) Down 9% Since the Last Earnings Report?” published on August 25, 2017 as well as Seekingalpha.com‘s news article titled: “Lincoln Electric’s (LECO) CEO Chris Mapes on Q1 2017 Results – Earnings Call …” with publication date: April 18, 2017.

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