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Recommendations
Lincoln Electric price target raised to $106 from $94 at Baird » 07:08
07/28/20
07/28
07:08
07/28/20
07:08
LECO

Lincoln Electric

$93.79 /

+2.17 (+2.37%)

Baird analyst Mig Dobre…

Baird analyst Mig Dobre raised the firm's price target on Lincoln Electric to $106 from $94 and keeps an Outperform rating on the shares. The analyst noted Q2 results were well ahead of expectations and that organic sales saw a solid improvement in June. Management guided July order trends which suggests the trajectory of recovery will be gradual.

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LECO Lincoln Electric
$93.79 /

+2.17 (+2.37%)

LECO Lincoln Electric
$93.79 /

+2.17 (+2.37%)

07/08/20 Baird
Lincoln Electric price target raised to $91 from $86 at Baird
06/26/20 Morgan Stanley
Lincoln Electric initiated with an Equal Weight at Morgan Stanley
03/02/20 Vertical Research
Lincoln Electric upgraded to Hold from Sell at Vertical Research
10/09/19
Fly Intel: Top five analyst downgrades
LECO Lincoln Electric
$93.79 /

+2.17 (+2.37%)

LECO Lincoln Electric
$93.79 /

+2.17 (+2.37%)

Hot Stocks
Lincoln Electric expects to generate $55M-$65M in realized cost savings in 2020  07:32
07/27/20
07/27
07:32
07/27/20
07:32
LECO

Lincoln Electric

$91.62 /

+0.49 (+0.54%)

 
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LECO Lincoln Electric
$91.62 /

+0.49 (+0.54%)

LECO Lincoln Electric
$91.62 /

+0.49 (+0.54%)

07/08/20 Baird
Lincoln Electric price target raised to $91 from $86 at Baird
06/26/20 Morgan Stanley
Lincoln Electric initiated with an Equal Weight at Morgan Stanley
03/02/20 Vertical Research
Lincoln Electric upgraded to Hold from Sell at Vertical Research
10/09/19
Fly Intel: Top five analyst downgrades
LECO Lincoln Electric
$91.62 /

+0.49 (+0.54%)

LECO Lincoln Electric
$91.62 /

+0.49 (+0.54%)

Earnings
Lincoln Electric reports Q2 adjusted EPS 80c, consensus 36c » 07:32
07/27/20
07/27
07:32
07/27/20
07:32
LECO

Lincoln Electric

$91.62 /

+0.49 (+0.54%)

Reports Q2 revenue…

Reports Q2 revenue $590.7M, consensus $552.55M. "As we navigate through the pandemic, I am proud of how effectively we are managing employee safety while serving our customers," stated Christopher Mapes, Chairman, President and CEO. "We continued to generate strong cash flows and increased liquidity, while achieving solid second quarter profitability through aggressive cost management." Mapes commented, "As the pace of recovery remains uncertain, we have expanded our cost action initiatives and now expect to generate $55M to $65M in realized cost savings in 2020. We remain confident in our disciplined management of the business, strong cash flow generation, returns, and balance sheet profile."

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LECO Lincoln Electric
$91.62 /

+0.49 (+0.54%)

LECO Lincoln Electric
$91.62 /

+0.49 (+0.54%)

07/08/20 Baird
Lincoln Electric price target raised to $91 from $86 at Baird
06/26/20 Morgan Stanley
Lincoln Electric initiated with an Equal Weight at Morgan Stanley
03/02/20 Vertical Research
Lincoln Electric upgraded to Hold from Sell at Vertical Research
10/09/19
Fly Intel: Top five analyst downgrades
LECO Lincoln Electric
$91.62 /

+0.49 (+0.54%)

LECO Lincoln Electric
$91.62 /

+0.49 (+0.54%)

Recommendations
Lincoln Electric price target raised to $91 from $86 at Baird » 08:00
07/08/20
07/08
08:00
07/08/20
08:00
LECO

Lincoln Electric

$84.43 /

-0.84 (-0.99%)

Baird analyst Mig Dobre…

Baird analyst Mig Dobre raised the firm's price target on Lincoln Electric to $91 from $86 and keeps an Outperform rating on the shares. The analyst noted April was weak but was followed by a modest improvement in May ans a more meaningful uptick in June. He believes Q2 marks a deep cyclical bottom which if coupled with better than feared margins, should allow for continued relative multiple expansion.

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LECO Lincoln Electric
$84.43 /

-0.84 (-0.99%)

LECO Lincoln Electric
$84.43 /

-0.84 (-0.99%)

06/26/20 Morgan Stanley
Lincoln Electric initiated with an Equal Weight at Morgan Stanley
03/02/20 Vertical Research
Lincoln Electric upgraded to Hold from Sell at Vertical Research
10/09/19
Fly Intel: Top five analyst downgrades
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
LECO Lincoln Electric
$84.43 /

-0.84 (-0.99%)

LECO Lincoln Electric
$84.43 /

-0.84 (-0.99%)

Over a month ago
Initiation
Lincoln Electric initiated with an Equal Weight at Morgan Stanley » 06:12
06/26/20
06/26
06:12
06/26/20
06:12
LECO

Lincoln Electric

$80.70 /

+0.42 (+0.52%)

Morgan Stanley analyst…

Morgan Stanley analyst Dillon Cumming initiated coverage of Lincoln Electric with an Equal Weight rating and $86 price target. The analyst thinks Lincoln presents an attractive asset in the current industrial backdrop but notes the shares have rallied significantly post COVID-19.

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LECO Lincoln Electric
$80.70 /

+0.42 (+0.52%)

LECO Lincoln Electric
$80.70 /

+0.42 (+0.52%)

03/02/20 Vertical Research
Lincoln Electric upgraded to Hold from Sell at Vertical Research
10/09/19
Fly Intel: Top five analyst downgrades
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
LECO Lincoln Electric
$80.70 /

+0.42 (+0.52%)

LECO Lincoln Electric
$80.70 /

+0.42 (+0.52%)

Over a quarter ago
Earnings
Lincoln Electric reports Q1 adjusted EPS $1.00, consensus $1.00 » 07:33
04/27/20
04/27
07:33
04/27/20
07:33
LECO

Lincoln Electric

$75.93 /

+1.44 (+1.93%)

Reports Q1 revenue $702M,…

Reports Q1 revenue $702M, consensus $712.1M. "We executed well in an increasingly challenging environment," said Christopher Mapes, Chairman, President and CEO. "Our priority has been to protect employees' health and safety as we operated as an 'essential business' across substantially all of our locations in the quarter. Global demand trends weakened significantly in April, declining in the low 40% range versus the prior year. To mitigate the impact of lower demand, we expanded our cost reduction initiatives and expect these new measures, combined with earlier actions, to now generate $40 to $45 million in realized cost savings in 2020. While we expect demand to trough in the second quarter, our strong investment-grade balance sheet profile, liquidity, and cash flow generation give me tremendous confidence in our ability to successfully navigate this challenging period and generate long-term value for our shareholders."

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LECO Lincoln Electric
$75.93 /

+1.44 (+1.93%)

03/02/20 Vertical Research
Lincoln Electric upgraded to Hold from Sell at Vertical Research
10/09/19
Fly Intel: Top five analyst downgrades
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
Conference/Events
Lincoln Electric management to meet with Oppenheimer » 04:55
03/19/20
03/19
04:55
03/19/20
04:55
LECO

Lincoln Electric

$70.13 /

-2.94 (-4.02%)

Meeting to be held in…

Meeting to be held in Cleveland, OH on March 19 hosted by Oppenheimer.

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LECO Lincoln Electric
$70.13 /

-2.94 (-4.02%)

03/02/20 Vertical Research
Lincoln Electric upgraded to Hold from Sell at Vertical Research
10/09/19
Fly Intel: Top five analyst downgrades
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
Conference/Events
Lincoln Electric management to meet with Oppenheimer » 09:41
03/16/20
03/16
09:41
03/16/20
09:41
LECO

Lincoln Electric

$74.95 /

+ (+0.00%)

Meeting to be held in…

Meeting to be held in Cleveland, OH on March 19 hosted by Oppenheimer.

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LECO Lincoln Electric
$74.95 /

+ (+0.00%)

03/02/20 Vertical Research
Lincoln Electric upgraded to Hold from Sell at Vertical Research
10/09/19
Fly Intel: Top five analyst downgrades
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
Upgrade
Lincoln Electric upgraded to Hold from Sell at Vertical Research » 08:12
03/02/20
03/02
08:12
03/02/20
08:12
LECO

Lincoln Electric

$81.80 /

-0.37 (-0.45%)

Vertical Research analyst…

Vertical Research analyst Joseph O'Dea upgraded Lincoln Electric to Hold from Sell.

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LECO Lincoln Electric
$81.80 /

-0.37 (-0.45%)

10/09/19
Fly Intel: Top five analyst downgrades
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
10/08/19
Lincoln Electric downgraded to Perform on macro headwinds at Oppenheimer
Periodicals
Yum China, Wynn among those with most direct exposure to China, Barron's says » 12:34
02/29/20
02/29
12:34
02/29/20
12:34
YUMC

Yum China

$43.78 /

-0.01 (-0.02%)

, WYNN

Wynn Resorts

$107.58 /

-3.68 (-3.31%)

, LECO

Lincoln Electric

$81.80 /

-0.37 (-0.45%)

, TEX

Terex

$21.96 /

-0.26 (-1.17%)

, AAPL

Apple

$274.64 /

+1.59 (+0.58%)

, MSFT

Microsoft

$162.11 /

+4.11 (+2.60%)

, AMZN

Amazon.com

$1,887.52 /

+2.54 (+0.13%)

, CMI

Cummins

$151.20 /

-3.37 (-2.18%)

The industries most…

The industries most affected by the coronavirus outbreak would include travel and tourism providers, and consumer companies selling into China, Avi Salzman writes in this week's edition of Barron's. Shares of the two U.S. companies with the most direct exposure to China as a percentage of sales- Yum China (YUMC) and Wynn Resorts (WYNN)-have fallen more sharply than the broader market, he notes. Meanwhile, manufacturing companies are also likely to be affected, with Cummins (CMI), Lincoln Electric (LECO), and Terex (TEX) saying at a recent conference that the virus could hurt first-quarter earnings. Tech is threatened, too, and it is not only big companies such as Apple (AAPL) and Microsoft (MSFT) but also companies like tech equipment maker Jabil (JBL), an important cog in the supply chain for companies including Amazon (AMZN), that has withdrawn its financial guidance as impacted factories are running at just 65% to 70% of capacity, the author adds. Reference Link

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YUMC Yum China
$43.78 /

-0.01 (-0.02%)

02/06/20 Daiwa
Yum China downgraded to Hold from Outperform at Daiwa
10/28/19
Fly Intel: Top five analyst initiations
10/28/19 Jefferies
Yum China initiated with a Buy at Jefferies
10/28/19 Jefferies
Yum China initiated with a Buy at Jefferies
WYNN Wynn Resorts
$107.58 /

-3.68 (-3.31%)

02/27/20 Standpoint Research
Wynn Resorts upgraded to Buy from Hold at Standpoint Research
02/12/20
Fly Intel: Top five analyst upgrades
02/12/20 BofA
Wynn Resorts, Las Vegas Sands upgraded to Buy from Neutral at BofA
02/12/20 BofA
Wynn Resorts upgraded to Buy from Neutral at BofA
LECO Lincoln Electric
$81.80 /

-0.37 (-0.45%)

10/09/19
Fly Intel: Top five analyst downgrades
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
10/08/19 Stifel
Lincoln Electric downgraded to Hold from Buy at Stifel
10/08/19
Lincoln Electric downgraded to Perform on macro headwinds at Oppenheimer
TEX Terex
$21.96 /

-0.26 (-1.17%)

01/14/20 Wells Fargo
Terex downgraded to Underweight from Equal Weight at Wells Fargo
12/17/19 Deutsche Bank
Terex upgraded to Hold from Sell at Deutsche Bank
11/11/19 Baird
Terex upgraded to Outperform from Neutral at Baird
11/08/19 Goldman Sachs
Terex upgraded to Conviction Buy from Sell at Goldman Sachs
AAPL Apple
$274.64 /

+1.59 (+0.58%)

02/27/20 Morgan Stanley
Morgan Stanley sees opportunities for legacy automakers to take share from Tesla
02/27/20 Wedbush
Wedbush remains bullish on Microsoft despite PC weakness news
02/26/20 JPMorgan
Nokia's only viable strategic options sale of company or assets, says JPMorgan
02/25/20 Needham
Apple EPS estimates lowered on COVID-19 at Needham
MSFT Microsoft
$162.11 /

+4.11 (+2.60%)

02/27/20 Morgan Stanley
Microsoft's underlying demand intact despite warning, says Morgan Stanley
02/27/20 Credit Suisse
Credit Suisse anticipates quick recovery for Microsoft given strong end demand
02/27/20 Credit Suisse
Microsoft 'attacking' security market from multiple angles, says Credit Suisse
AMZN Amazon.com
$1,887.52 /

+2.54 (+0.13%)

02/27/20 Oppenheimer
Oppenheimer upgrades Etsy to Outperform with $64 price target
02/26/20 Edward Jones
Amazon.com upgraded to Buy from Hold at Edward Jones
02/25/20 Jefferies
Amazon expansion of Go no surprise, key questions remain, says Jefferies
02/25/20 Morgan Stanley
Apple institutional ownership at highest level since 2012, says Morgan Stanley
CMI Cummins
$151.20 /

-3.37 (-2.18%)

02/13/20
Fly Intel: Top five analyst upgrades
02/13/20 Goldman Sachs
Cummins upgraded to Buy from Neutral at Goldman Sachs
02/06/20
Fly Intel: Top five analyst upgrades
02/06/20 UBS
Cummins upgraded to Neutral from Sell at UBS

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