Company Overview - Lincoln Electric Holdings is headquartered in Cleveland, OH, with 56 manufacturing locations and operations in 19 countries, supported by a global network of distributors and sales offices in over 160 countries [11] - The company specializes in manufacturing and reselling welding and cutting products, including welding power sources, wire feeding systems, robotic welding packages, and various welding electrodes [11] Investment Ratings - Lincoln Electric is currently rated as 3 (Hold) on the Zacks Rank, with a VGM Score of B [12] - The company is considered a potential top pick for growth investors, with a Growth Style Score of B, indicating a forecasted year-over-year earnings growth of 8.4% for the current fiscal year [12] Earnings Estimates - In the last 60 days, two analysts have revised their earnings estimates higher for fiscal 2026, with the Zacks Consensus Estimate increasing by $0.03 to $10.70 per share [12] - Lincoln Electric has an average earnings surprise of +4.4%, suggesting a positive trend in earnings performance [12] Investment Consideration - With a solid Zacks Rank and strong Growth and VGM Style Scores, Lincoln Electric is recommended to be on investors' short list for potential investment opportunities [13]
Why Lincoln Electric Holdings (LECO) is a Top Growth Stock for the Long-Term