Ondesk figure discussion: Lincoln Electric Holdings, Inc. (NASDAQ: LECO)

On 17 March 2020, Lincoln Electric Holdings, Inc. (NASDAQ: LECO) stock observed trading -25.65% off 52-week high price. On the other end, the stock has been noted 13.90% away from low price over the last 52-weeks. The stock disclosed a move of -18.14% away from 50 day moving average and -16.16% away from 200 day moving average. Moving closer, we can see that shares have been trading -10.29% off 20-day moving average. It has market cap of $4608.95M and dividend yield of 2.68%.

Lincoln Electric Holdings, Inc (LECO) recently stated fourth quarter 2019 net income of $63.7M, or diluted earnings per share (EPS) of $1.03, which includes special item after-tax net charges of $7.3M, or $0.12 EPS. This compares with previous year net income of $86.8M, or $1.35 EPS, which included special item after-tax benefits of $3.3M, or $0.06 EPS. Not Including these items, fourth quarter 2019 adjusted net income was $71.0M, or $1.15 EPS, as contrast with $83.5M, or $1.29 EPS in the previous year period. The effective tax rate was 20.6% in the fourth quarter 2019 as contrast with 8.1% in the previous year period. Not Including special items, the adjusted effective tax rate was 20.4%, which compares to 14.7% in the comparable 2018 period.

Twelve Months 2019 Summary

Net income for the twelve months ended December 31, 2019 was $293.1M, or $4.68 EPS. This compares with $287.1M, or $4.37 EPS, in the comparable 2018 period. Stated EPS includes special item after-tax net charges of $1.5M or $0.02 EPS, as contrast with special item after-tax charges of $29.6M, or $0.45 EPS in the previous year period. Not Including these items, adjusted net income for the twelve months ended December 31, 2019 was $294.6M, or $4.70 EPS, contrast with $316.6M, or $4.82 EPS, in the comparable 2018 period. The effective tax rate was 20.5% for the twelve months ended December 31, 2019 as contrast with 22.2% in the previous year period. Not Including special items, the adjusted effective tax rate was 21.9% in the 2019 and 2018 periods.

Sales reduced 0.8% to $3.0B in the twelve months ended December 31, 2019 from a 3.5% decrease in organic sales and 1.7% unfavorable foreign exchange, partially offset by a 4.3% benefit from acquisitions. Operating income for the twelve months ended December 31, 2019 was $370.9M, or 12.4% of sales. This compares with operating income of $375.5M, or 12.4% of sales, in the comparable 2018 period. Not Including special items, adjusted operating income was $387.9M, or 12.9% of sales, as contrast with $405.3M, or 13.4% of sales, in the comparable 2018 period.

The USA based company Lincoln Electric Holdings, Inc. moved with change of 5.80% to $73.1 with the total traded volume of 679213 shares in recent session versus to an average volume of 380.71K. LECO’s shares are at -22.44% for the quarter and driving a -14.71% return over the course of the past year and is now at -24.43% since this point in 2018. Right now, the stock beta is 1.29. The average volatility for the week and month was at 9.39% and 5.43% respectively.

 

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