- Lincoln Electric‘s adjusted earnings per share (EPS) for the second quarter is $2.60, which is higher than last year’s $2.34 and above the estimated $2.32.
- The company’s net sales reached $1.09 billion, marking a 6.6% increase from the previous year, surpassing the estimated $1.04 billion.
- Return on invested capital dropped slightly to 20.4% from last year’s 22.3%.
- Analyst recommendations stand at 6 buy ratings, 3 hold ratings, and 2 sell ratings for Lincoln Electric.
A look at Lincoln Electric Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Lincoln Electric Holdings, Inc. designs and manufactures welding and cutting products. The company has received strong scores across the board on Smartkarma Smart Scores. With a solid Growth score of 4 and Momentum score of 4, Lincoln Electric is well-positioned for long-term success. The company’s ability to innovate and expand, combined with positive market momentum, bodes well for its future prospects.
Additionally, Lincoln Electric‘s respectable scores in Dividend and Resilience at 3 each show that the company is committed to rewarding shareholders while maintaining stability in challenging times. Though the Value score is relatively lower at 2, the overall outlook painted by the Smart Scores suggests a promising future for Lincoln Electric as it continues to excel in its industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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