Lincoln Electric Holdings’ fair value outlook remains stable, as both its future P/E ratio and discount rate were virtually unchanged, resulting in only a slight increase in the consensus analyst price target from $250.50 to $253.67.
What's in the News
- Lincoln Electric is actively seeking acquisitions for both domestic and international growth, emphasizing expansion in its automation business.
- The company completed a buyback of 4,475,759 shares (7.84% of shares), totaling $811.77 million.
- Lincoln Electric was dropped from multiple Russell growth indexes but was added to the Russell 1000 Dynamic Index.
Valuation Changes
Summary of Valuation Changes for Lincoln Electric Holdings
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from $250.50 to $253.67.
- The Future P/E for Lincoln Electric Holdings remained effectively unchanged, moving only marginally from 24.32x to 24.62x.
- The Discount Rate for Lincoln Electric Holdings remained effectively unchanged, at 8.14%.
Disclaimer
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