LECO
Price
$193.39
Change
-$0.21 (-0.11%)
Updated
Sep 27 closing price
26 days until earnings call
OTIS
Price
$104.43
Change
+$1.05 (+1.02%)
Updated
Sep 27 closing price
25 days until earnings call
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LECO vs OTIS

Header iconLECO vs OTIS Comparison
Open Charts LECO vs OTISBanner chart's image
Lincoln Electric Holdings
Price$193.39
Change-$0.21 (-0.11%)
Volume$211.27K
CapitalizationN/A
Otis Worldwide
Price$104.43
Change+$1.05 (+1.02%)
Volume$3.66M
CapitalizationN/A
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LECO vs OTIS Comparison Chart
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LECO
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
OTIS
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
LECO vs. OTIS commentary
Sep 29, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is LECO is a Hold and OTIS is a Hold.

COMPARISON
Comparison
Sep 29, 2024
Stock price -- (LECO: $186.77 vs. OTIS: $95.03)
Brand notoriety: LECO and OTIS are both not notable
Both companies represent the Industrial Machinery industry
Current volume relative to the 65-day Moving Average: LECO: 100% vs. OTIS: 111%
Market capitalization -- LECO: $14.36B vs. OTIS: $40.25B
LECO [@Industrial Machinery] is valued at $14.36B. OTIS’s [@Industrial Machinery] market capitalization is $40.25B. The market cap for tickers in the [@Industrial Machinery] industry ranges from $135.33B to $0. The average market capitalization across the [@Industrial Machinery] industry is $8.86B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

LECO’s FA Score shows that 2 FA rating(s) are green whileOTIS’s FA Score has 2 green FA rating(s).

  • LECO’s FA Score: 2 green, 3 red.
  • OTIS’s FA Score: 2 green, 3 red.
According to our system of comparison, both LECO and OTIS are a good buy in the long-term.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

LECO’s TA Score shows that 5 TA indicator(s) are bullish while OTIS’s TA Score has 3 bullish TA indicator(s).

  • LECO’s TA Score: 5 bullish, 4 bearish.
  • OTIS’s TA Score: 3 bullish, 2 bearish.
According to our system of comparison, OTIS is a better buy in the short-term than LECO.

Price Growth

LECO (@Industrial Machinery) experienced а -4.47% price change this week, while OTIS (@Industrial Machinery) price change was +2.04% for the same time period.

The average weekly price growth across all stocks in the @Industrial Machinery industry was +3.17%. For the same industry, the average monthly price growth was +5.98%, and the average quarterly price growth was +7.08%.

Reported Earning Dates

LECO is expected to report earnings on Oct 24, 2024.

OTIS is expected to report earnings on Oct 23, 2024.

Industries' Descriptions

@Industrial Machinery (+3.17% weekly)

The industry makes and maintains machines for consumers, the industry, and most other companies. While it has traditionally been categorized as heavy industry, some smaller companies are also branching into the light category. The industry is pivotal in providing the equipment for production in businesses like agriculture, mining, industry and construction, gas, electricity and water utilities. It also supplies supporting equipment for almost all sectors of the economy, such as equipment for heating, and air conditioning of buildings. Illinois Tool Works Inc., Parker-Hannifin Corporation and Rockwell Automation Inc are some of the major U.S. companies operating in this industry.

SUMMARIES
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FUNDAMENTALS
Fundamentals
OTIS($40.2B) has a higher market cap than LECO($14.4B). OTIS has higher P/E ratio than LECO: OTIS (29.08) vs LECO (26.96). OTIS YTD gains are higher at: 7.492 vs. LECO (-13.543). OTIS has higher annual earnings (EBITDA): 2.38B vs. LECO (818M). OTIS has more cash in the bank: 1.27B vs. LECO (394M). LECO has less debt than OTIS: LECO (1.11B) vs OTIS (7.31B). OTIS has higher revenues than LECO: OTIS (14.2B) vs LECO (4.19B).
LECOOTISLECO / OTIS
Capitalization14.4B40.2B36%
EBITDA818M2.38B34%
Gain YTD-13.5437.492-181%
P/E Ratio26.9629.0893%
Revenue4.19B14.2B30%
Total Cash394M1.27B31%
Total Debt1.11B7.31B15%
FUNDAMENTALS RATINGS
LECO: Fundamental Ratings
LECO
OUTLOOK RATING
1..100
57
VALUATION
overvalued / fair valued / undervalued
1..100
73
Overvalued
PROFIT vs RISK RATING
1..100
19
SMR RATING
1..100
21
PRICE GROWTH RATING
1..100
62
P/E GROWTH RATING
1..100
64
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
LECOOTIS
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bearish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Momentum
ODDS (%)
Bullish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
MACD
ODDS (%)
Bearish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendWeek
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendMonth
ODDS (%)
Bearish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
Advances
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 2 months ago
57%
Declines
ODDS (%)
Bearish Trend about 2 months ago
57%
Bearish Trend about 2 months ago
57%
BollingerBands
ODDS (%)
Bullish Trend about 1 month ago
0%
N/A
Aroon
ODDS (%)
Bullish Trend about 1 month ago
0%
N/A
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LECO
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
OTIS
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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LECO and

Correlation & Price change

A.I.dvisor indicates that over the last year, LECO has been closely correlated with ITW. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if LECO jumps, then ITW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LECO
1D Price
Change %
LECO100%
-3.53%
ITW - LECO
69%
Closely correlated
-1.34%
GGG - LECO
68%
Closely correlated
-2.05%
KAI - LECO
64%
Loosely correlated
-5.53%
KMT - LECO
62%
Loosely correlated
-2.55%
FELE - LECO
62%
Loosely correlated
-4.00%
More

OTIS and

Correlation & Price change

A.I.dvisor indicates that over the last year, OTIS has been loosely correlated with IEX. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if OTIS jumps, then IEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To OTIS
1D Price
Change %
OTIS100%
+0.36%
IEX - OTIS
62%
Loosely correlated
-1.74%
ITT - OTIS
61%
Loosely correlated
-4.43%
LECO - OTIS
60%
Loosely correlated
-3.53%
ITW - OTIS
60%
Loosely correlated
-1.34%
DCI - OTIS
60%
Loosely correlated
-2.31%
More