Published on 21 Mar 2024 on Simply Wall St. via Yahoo Finance
Is Lincoln Electric Holdings, Inc.'s (NASDAQ:LECO) Recent Stock Performance Tethered To Its Strong...
Lincoln Electric Holdings (NASDAQ:LECO) has had a great run on the share market with its stock up by a significant 18% over the last three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. Specifically, we decided to study Lincoln Electric Holdings' ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
See our latest analysis for Lincoln Electric Holdings