Lincoln Electric (LECO)
NASDAQIndustrialsManufacturing - Tools & AccessoriesSnapshot 2026-11-04
$272.13-2.58%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsManufacturing - Tools & AccessoriesSnapshot 2026-11-04
QuarterlyIQ Insights · LECO
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 17.2% |
| Our one-year growth estimate | diamond | 7.9% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the broad stock market and long-term interest rates.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 9.3 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 3 industry peers · Company calendar date is not available
LECO — President transition
Dated 2026-08-11
Executive Vice President — Michael J. Whitehead: An Executive Vice President resigned to pursue other opportunities with no disagreement cited and interim leadership already in place.
Why it matters: Organic sales grew 14.5% in Q3, led by volume. Another strong quarter would support the RISE growth effort.
Supportive ifQ4 organic sales growth is above 10% year over year, with volume growth reported.
Worry ifQ4 organic sales growth is below 5% year over year, or volume falls year over year.
Why it matters: An executive vice president left in August, with interim leadership in place. A named successor would clarify who leads this part of the business.
Watch forThe company names a permanent successor and reports no delay to key plans.
Also watch forInterim leaders stay in place, or the company reports delays to key plans tied to the change.
Why it matters: Adjusted margin rose to 18.0% in Q3 from 17.4% a year ago. Holding above 18% would show that growth is not eroding margins.
Supportive ifQ4 adjusted operating margin is at least 18.0%. It is also above the year-ago level.
Worry ifQ4 adjusted operating margin is below 17.4%, the level in Q3 a year ago.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$109 on $10,000 · ±1.1% | How much price usually moves either way. |
| Bad day | $283 loss on $10,000 · 2.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,010 loss on $10,000 · 20.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.