Lincoln Electric traded at $260.92 this Friday May 15th, decreasing $5.45 or 2.05 percent since the previous trading session. Looking back, over the last four weeks, Lincoln Electric lost 3.34 percent. Over the last 12 months, its price rose by 28.53 percent. Looking ahead, we forecast Lincoln Electric to be priced at 255.68 by the end of this quarter and at 240.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lincoln Electric Holdings, Inc. is a manufacturer of welding, cutting and brazing products. The Company operates through three segments: Americas Welding, International Welding and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment includes welding operations in Europe, Africa, Asia and Australia. The Harris Products Group includes the Company’s global cutting, soldering, and brazing businesses, as well as the retail business in the United States. Its products include arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication. It also offers computer numeric controlled (CNC) plasma and oxy-fuel cutting systems and regulators and torches used in oxy-fuel welding, cutting and brazing.