- Lincoln Electric‘s Q1 adjusted EPS beat estimates at $2.23, up from $2.13 y/y against an estimated $2.17.
- The net sales stood at $981.2 million, reflecting a decrease of 5.6% y/y with a shortfall from the estimated $1.04 billion.
- Americas welding sales were reported at $654.1 million, slightly lower than the estimated $658.7 million; indicating a 5.3% decline y/y.
- International welding sales came in at $244.2 million, falling short of the estimated $255.3 million and marking a 5.8% drop y/y.
- Harris Products group sales were $124.4 million, which was more than the estimate of $123.1 million despite a 5.1% y/y decline.
- The Return on Invested Capital was observed to be +23.9% better than +21.7% y/y.
- Analysts sentiments were mixed with 6 buys, 3 holds and 3 sells reported.
A look at Lincoln Electric Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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
Based on Smartkarma Smart Scores, Lincoln Electric Holdings, Inc. shows promise for long-term growth potential. With a solid score of 4 in Growth and Momentum, the company seems well-positioned to expand and capitalize on market opportunities in the welding and cutting products industry. Additionally, a resilience score of 3 indicates a certain level of stability and adaptability in the face of challenges. While the Value and Dividend scores are at 2, hinting at room for improvement in these areas, Lincoln Electric‘s strong performance in Growth and Momentum suggests a positive outlook for the company’s future.
Lincoln Electric Holdings, Inc. is a company specializing in the design and manufacture of welding and cutting products, including a range of equipment such as arc welding power sources, wire feeding systems, and robotic welding packages. Their product line also encompasses consumable electrodes, fluxes, and other accessories used in welding processes. With promising Smartkarma Smart Scores in Growth and Momentum, Lincoln Electric appears to have a bright long-term future ahead as it navigates the competitive landscape of the welding 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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