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Lincoln Electric (LECO) Competitors

$196.36
-0.59 (-0.30%)
(As of 05/31/2024 ET)

LECO vs. SPXC, FLOW, PFIN, IR, XYL, DOV, IEX, SNA, GGG, and NDSN

Should you be buying Lincoln Electric stock or one of its competitors? The main competitors of Lincoln Electric include SPX Technologies (SPXC), SPX FLOW (FLOW), P&F Industries (PFIN), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), IDEX (IEX), Snap-on (SNA), Graco (GGG), and Nordson (NDSN).

Lincoln Electric vs.

SPX Technologies (NYSE:SPXC) and Lincoln Electric (NASDAQ:LECO) are both business services companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, community ranking, media sentiment, dividends, profitability and analyst recommendations.

Lincoln Electric has a net margin of 13.23% compared to Lincoln Electric's net margin of 5.32%. SPX Technologies' return on equity of 43.81% beat Lincoln Electric's return on equity.

Company Net Margins Return on Equity Return on Assets
SPX Technologies5.32% 18.18% 8.46%
Lincoln Electric 13.23%43.81%16.50%

92.8% of SPX Technologies shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 3.5% of SPX Technologies shares are owned by company insiders. Comparatively, 2.6% of Lincoln Electric shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Lincoln Electric has higher revenue and earnings than SPX Technologies. Lincoln Electric is trading at a lower price-to-earnings ratio than SPX Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SPX Technologies$1.74B3.70$89.90M$2.0568.01
Lincoln Electric$4.13B2.70$545.25M$9.4220.85

SPX Technologies currently has a consensus price target of $141.00, suggesting a potential upside of 1.13%. Lincoln Electric has a consensus price target of $225.29, suggesting a potential upside of 14.73%. Given SPX Technologies' higher possible upside, analysts clearly believe Lincoln Electric is more favorable than SPX Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SPX Technologies
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Lincoln Electric
2 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.33

SPX Technologies received 4 more outperform votes than Lincoln Electric when rated by MarketBeat users. However, 59.68% of users gave Lincoln Electric an outperform vote while only 59.25% of users gave SPX Technologies an outperform vote.

CompanyUnderperformOutperform
SPX TechnologiesOutperform Votes
445
59.25%
Underperform Votes
306
40.75%
Lincoln ElectricOutperform Votes
441
59.68%
Underperform Votes
298
40.32%

In the previous week, Lincoln Electric had 5 more articles in the media than SPX Technologies. MarketBeat recorded 10 mentions for Lincoln Electric and 5 mentions for SPX Technologies. Lincoln Electric's average media sentiment score of 0.99 beat SPX Technologies' score of 0.33 indicating that SPX Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SPX Technologies
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Lincoln Electric
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Neutral

SPX Technologies has a beta of 1.24, meaning that its stock price is 24% more volatile than the S&P 500. Comparatively, Lincoln Electric has a beta of 1.23, meaning that its stock price is 23% more volatile than the S&P 500.

Summary

Lincoln Electric beats SPX Technologies on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding LECO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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LECO vs. The Competition

MetricLincoln ElectricMetalworking machinery & equipment IndustryIndustrial SectorNASDAQ Exchange
Market Cap$11.17B$5.15B$9.23B$7.96B
Dividend Yield1.45%1.36%1.99%4.01%
P/E Ratio20.8528.7320.5318.57
Price / Sales2.701.758.5291.69
Price / Cash17.7514.5918.9831.51
Price / Book8.543.433.894.59
Net Income$545.25M$176.65M$462.55M$213.90M
7 Day Performance-3.02%-2.76%-1.37%0.87%
1 Month Performance-10.47%-0.75%3.11%3.60%
1 Year Performance12.05%45.36%11.47%7.91%

Lincoln Electric Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPXC
SPX Technologies
1.655 of 5 stars
$138.12
-2.7%
$141.00
+2.1%
+80.3%$6.39B$1.81B67.384,100
FLOW
SPX FLOW
1.8205 of 5 stars
$30.20
-0.1%
N/AN/A$1.27B$1.53B19.004,900Options Volume
PFIN
P&F Industries
0 of 5 stars
$13.00
flat
N/A+105.9%$41.45M$59.04M99.96172
IR
Ingersoll Rand
3.8792 of 5 stars
$91.11
-2.5%
$95.82
+5.2%
+60.0%$36.76B$6.88B45.3318,000Short Interest ↑
Positive News
XYL
Xylem
4.6273 of 5 stars
$137.95
-1.7%
$142.91
+3.6%
+38.1%$33.45B$7.36B49.092,300Analyst Forecast
DOV
Dover
4.7237 of 5 stars
$181.52
-1.1%
$185.75
+2.3%
+36.1%$24.95B$8.44B17.4425,000Short Interest ↓
IEX
IDEX
4.7757 of 5 stars
$207.31
-1.9%
$250.71
+20.9%
+3.7%$15.69B$3.27B27.288,800Analyst Revision
Positive News
SNA
Snap-on
4.0638 of 5 stars
$265.39
-1.5%
$316.75
+19.4%
+8.0%$13.99B$4.73B13.922,700Insider Selling
GGG
Graco
3.7756 of 5 stars
$78.64
-1.1%
$88.25
+12.2%
+4.6%$13.30B$2.20B27.124,000Positive News
NDSN
Nordson
4.2362 of 5 stars
$230.00
-1.5%
$277.83
+20.8%
+5.8%$13.17B$2.63B27.417,900Analyst Downgrade

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This page (NASDAQ:LECO) was last updated on 6/2/2024 by MarketBeat.com Staff

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