Lincoln Electric Inc. (LECO)
Lincoln Electric Statistics
Share Statistics
Lincoln Electric has 56.03M shares outstanding. The number of shares has increased by -1.43% in one year.
| Shares Outstanding | 56.03M |
| Shares Change (YoY) | -1.43% |
| Shares Change (QoQ) | -0.59% |
| Owned by Institutions (%) | 78.21% |
| Shares Floating | 53.54M |
| Failed to Deliver (FTD) Shares | 4 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 859.51K, so 1.53% of the outstanding shares have been sold short.
| Short Interest | 859.51K |
| Short % of Shares Out | 1.53% |
| Short % of Float | 1.74% |
| Short Ratio (days to cover) | 2.57 |
Valuation Ratios
The PE ratio is 22.78 and the forward PE ratio is 17.24. Lincoln Electric's PEG ratio is -1.69.
| PE Ratio | 22.78 |
| Forward PE | 17.24 |
| PS Ratio | 2.65 |
| Forward PS | 2.2 |
| PB Ratio | 8 |
| P/FCF Ratio | 22.01 |
| PEG Ratio | -1.69 |
Enterprise Valuation
Lincoln Electric has an Enterprise Value (EV) of 11.5B.
| EV / Sales | 2.87 |
| EV / EBITDA | 15.61 |
| EV / EBIT | 19.2 |
| EV / FCF | 23.84 |
Financial Position
The company has a current ratio of 1.87, with a Debt / Equity ratio of 0.95.
| Current Ratio | 1.87 |
| Quick Ratio | 1.25 |
| Debt / Equity | 0.95 |
| Debt / EBITDA | 1.71 |
| Debt / FCF | 2.61 |
| Interest Coverage | 14.88 |
Financial Efficiency
Return on Equity is 35.11% and Return on Invested Capital is 18.14%.
| Return on Equity | 35.11% |
| Return on Assets | 13.24% |
| Return on Invested Capital | 18.14% |
| Revenue Per Employee | $334.06K |
| Profits Per Employee | $38.84K |
| Employee Count | 12,000 |
| Asset Turnover | 1.14 |
| Inventory Turnover | 4.66 |
Taxes
| Income Tax | 128.04M |
| Effective Tax Rate | 21.55% |
Stock Price Statistics
The stock price has increased by -20.14% in the last 52 weeks. The beta is 1.19, so Lincoln Electric's price volatility has been higher than the market average.
| Beta | 1.19 |
| 52-Week Price Change | -20.14% |
| 50-Day Moving Average | 189.72 |
| 200-Day Moving Average | 195.08 |
| Relative Strength Index (RSI) | 44.28 |
| Average Volume (20 Days) | 380.6K |
Income Statement
In the last 12 months, Lincoln Electric had revenue of 4.01B and earned 466.11M in profits. Earnings per share was 8.23.
| Revenue | 4.01B |
| Gross Profit | 1.47B |
| Operating Income | 636.46M |
| Net Income | 466.11M |
| EBITDA | 736.7M |
| EBIT | 636.93M |
| Earnings Per Share (EPS) | 8.23 |
Balance Sheet
The company has 377.26M in cash and 1.26B in debt, giving a net cash position of -883.81M.
| Cash & Cash Equivalents | 377.26M |
| Total Debt | 1.26B |
| Net Cash | -883.81M |
| Retained Earnings | 3.99B |
| Total Assets | 3.52B |
| Working Capital | 766.48M |
Cash Flow
In the last 12 months, operating cash flow was 598.98M and capital expenditures -116.6M, giving a free cash flow of 482.37M.
| Operating Cash Flow | 598.98M |
| Capital Expenditures | -116.6M |
| Free Cash Flow | 482.37M |
| FCF Per Share | 8.52 |
Margins
Gross margin is 36.74%, with operating and profit margins of 15.88% and 11.63%.
| Gross Margin | 36.74% |
| Operating Margin | 15.88% |
| Pretax Margin | 14.82% |
| Profit Margin | 11.63% |
| EBITDA Margin | 18.38% |
| EBIT Margin | 15.88% |
| FCF Margin | 12.03% |
Dividends & Yields
LECO pays an annual dividend of $3.67, which amounts to a dividend yield of 1.61%.
| Dividend Per Share | $3.67 |
| Dividend Yield | 1.61% |
| Dividend Growth (YoY) | 5.63% |
| Payout Ratio | 45.03% |
| Earnings Yield | 4.39% |
| FCF Yield | 4.54% |
Analyst Forecast
The average price target for LECO is $218.5, which is 22.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $218.5 |
| Price Target Difference | 22.9% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
Stock Splits
The last stock split was on Jun 1, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 1, 2011 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 4.86 |
| Piotroski F-Score | 6 |