LECO Price Prediction Next Week
LECO Stock Price Prediction and Recommendation
Technical Analysis:
- Current Price: $200.85 (as of 2025-03-10)
- 52-Week Range: $169.51 (low) - $261.13 (high)
- RSI (14): 50.61 (neutral)
- MACD: 0.18 (slightly bullish)
- Fibonacci Levels: Pivot at $201.31, resistance at $208.17, support at $194.45
News and Sentiment:
- Executive Retirement: Michele Kuhrt's retirement may cause short-term uncertainty but is unlikely to impact long-term fundamentals.
- Analyst Sentiment: Raised price targets reflect positive market performance, but the overall consensus is Hold with a slight downside.
Prediction and Recommendation:
- Price Prediction: $194.45 (expected to test support level)
- Recommendation: Sell at current levels due to potential downward pressure indicated by technical indicators and analyst consensus.
LECO Similar Chart Price Prediction
The price of LECO is predicted to go up 10.58%, based on the high correlation periods with UUUU. The similarity of these two price pattern on the periods is 95.8%.
LECO
UUUU
Up: 10.58%Similarity: 95.8%
LECO Revenue Forecast
LECO EPS Forecast
LECO FAQs
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LECO VS S&P500
Lincoln Electric has established one of the most trusted brands in the welding space and enjoys leading market share.
Automation solutions have the potential to deliver revenue growth well above the core welding growth rate.
Lincoln Electric is one of the industry leaders in terms of research and development, and the firm has been able to gradually capture market share from smaller players thanks to the introduction of new or improved products.
LECO Analyst's Forecast
Jason Celino
Keybanc
Buy
2025-02-14
Price Target
$230 → $245
Upside
+14.58%
KeyBanc analyst Steve Barger raised the firm's price target on Lincoln Electric to $245 from $230 and keeps an Overweight rating on the shares. The firm notes Lincoln Electric's shares rose 10.2% following its Q4 results and conference call. KeyBanc thinks this has been a tough cycle to understand from a duration standpoint, and 2024 has been a reset year during a tough operating environment for many of its short-cycle names. Even so, Lincoln Electric closed FY24 out with a record 17.6% op. margin, even before tangible signs of improvement are evident.
Nathan Jones
Stifel
Hold
2024-12-11
Price Target
$195 → $216
Upside
+3.31%
Steve Barger
Keybanc
Buy
2024-11-14
Price Target
$210 → $230
Upside
+10.84%
