Lincoln Electric Holdings Inc
LECO: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$537.00 | Rlrfblh | Stjyjbsgg |
Lincoln Electric Earnings: Full-Year Outlook Maintained After Solid Quarter
Narrow-moat-rated Lincoln Electric reported solid second-quarter results, featuring a 12% year-over-year increase in adjusted EPS, from $2.18 to $2.44. We’ve raised our fair value estimate to $171 from $159, which reflects our more optimistic revenue growth and operating margin projections as well as time value of money.