Lincoln Electric is a financially sound industrial franchise — with a 38% return on equity, a Piotroski F-Score of 8 out of 9, and four straight earnings beats — but with the stock now trading above its price target and free cash flow converting at only 33% of stated earnings, the margin of safety for new entry has largely been consumed.
Thesis pillars
- Strong Price Momentum Breakout↑Improving
- Consistent Earnings Outperformance→Stable
- High Quality Business Fundamentals→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 25, 2026
Lincoln Electric Holdings, Inc. (LECO) Stock Analysis
Breakout setup
Industrials · Tools & Accessories
Hold if already holding. Not a fresh buy at $284.36, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Industrials): -0.7.
The Company is a high-performance industrial machinery and technology leader who helps customers manufacture and maintain vital equipment and infrastructure. The Company's innovative solutions enable higher quality and productivity across a variety of processes including... Read more
Hold if already holding. Not a fresh buy at $284.36, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Industrials): -0.7. Chart setup: Golden cross, above all MAs, RSI 70, MACD bullish. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 5.9/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news boost analyst 0.60, earnings proximity 103d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-10-30Recent Developments — Lincoln Electric Holdings, Inc.
Latest news
- NEWS Lincoln Electric (LECO) Reports Q2: Everything You Need To Know Ahead Of Earnings - Yahoo Finance — Yahoo Finance neutral
- NEWS Lincoln Electric (LECO) Reports Q2: Everything You Need To Know Ahead Of Earnings - finance.yahoo.com — finance.yahoo.com neutral
- NEWS Lincoln Electric (LECO) Reports Q2: Everything You Need To Know Ahead Of Earnings - TradingView — TradingView positive
- NEWS Lincoln Electric (LECO) Reports Q2: Everything You Need To Know Ahead Of Earnings - tradingview.com — tradingview.com neutral
- NEWS Lincoln Electric Holdings Inc (LECO) Stock Up 4.0% but GF Value Says Overvalued -- GF Score: 97/100 - GuruFocus — GuruFocus positive
Generated 2026-10-30T11:22:45Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-08-11Item 5.02MEDIUMOn August 10, 2026, Michael J. Whitehead, Executive Vice President, President of Americas Welding, notified Lincoln Electric Holdings, Inc. (the "Company") of his decision to resign from the Company, effective August 28, 2026, to pursue other business opportunities outside of the Company. Mr.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $284.36, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Industrials): -0.7. Chart setup: Golden cross, above all MAs, RSI 70, MACD bullish. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Analyst target $274.92 reached (−3.3%), stop $267.76 (−6.2%), A.R:R -0.3:1. Score 5.9/10, moderate confidence.
Analyst target $274.92 reached (−3.3% from $284.36); no take-profit level is published. Analyst target $274.92 reached (−3.3%), stop $267.76 (−6.2%), A.R:R -0.3:1. Stop-loss: $267.76.
Analyst target reached - limited upside remaining; Sector modifier (Industrials): -0.7.
Lincoln Electric Holdings, Inc. trades at a P/E of 27.3 (forward 22.2). TrendMatrix value score: 4.8/10. Verdict: Hold.
19 analysts cover LECO with a consensus score of 3.8/5. Average price target: $316.
What does Lincoln Electric Holdings, Inc. do?The Company is a high-performance industrial machinery and technology leader who helps customers manufacture and...
The Company is a high-performance industrial machinery and technology leader who helps customers manufacture and maintain vital equipment and infrastructure. The Company's innovative solutions enable higher quality and productivity across a variety of processes including welding, cutting, brazing, machining, process automation, and field repair.