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NYSE:APD

Air Products and Chemicals (APD) Stock Price, News & Analysis

$310.36
-2.33 (-0.75%)
(As of 10/8/2024 ET)

About Air Products and Chemicals Stock (NYSE:APD)

Key Stats

Today's Range
$305.80
$312.43
50-Day Range
$263.92
$312.71
52-Week Range
$212.24
$313.00
Volume
1.56 million shs
Average Volume
1.63 million shs
Market Capitalization
$68.99 billion
P/E Ratio
28.01
Dividend Yield
2.28%
Price Target
$309.18
Consensus Rating
Moderate Buy

Company Overview

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.

Air Products and Chemicals Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
91st Percentile Overall Score

APD MarketRank™: 

Air Products and Chemicals scored higher than 91% of companies evaluated by MarketBeat, and ranked 35th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Air Products and Chemicals has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 12 buy ratings, 6 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Air Products and Chemicals has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Air Products and Chemicals' stock forecast and price target.
  • Earnings Growth

    Earnings for Air Products and Chemicals are expected to grow by 8.35% in the coming year, from $12.33 to $13.36 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Air Products and Chemicals is 28.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.46.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Air Products and Chemicals is 28.01, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 122.43.

  • Price to Earnings Growth Ratio

    Air Products and Chemicals has a PEG Ratio of 3.89. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Air Products and Chemicals has a P/B Ratio of 4.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Air Products and Chemicals' valuation and earnings.
  • Percentage of Shares Shorted

    1.51% of the float of Air Products and Chemicals has been sold short.
  • Short Interest Ratio / Days to Cover

    Air Products and Chemicals has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Air Products and Chemicals has recently increased by 1.52%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Air Products and Chemicals pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Air Products and Chemicals has been increasing its dividend for 49 years.

  • Dividend Coverage

    The dividend payout ratio of Air Products and Chemicals is 63.90%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Air Products and Chemicals will have a dividend payout ratio of 52.99% next year. This indicates that Air Products and Chemicals will be able to sustain or increase its dividend.

  • Read more about Air Products and Chemicals' dividend.
  • Percentage of Shares Shorted

    1.51% of the float of Air Products and Chemicals has been sold short.
  • Short Interest Ratio / Days to Cover

    Air Products and Chemicals has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Air Products and Chemicals has recently increased by 1.52%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Air Products and Chemicals has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 32 news articles for Air Products and Chemicals this week, compared to 12 articles on an average week.
  • Search Interest

    15 people have searched for APD on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.
  • MarketBeat Follows

    19 people have added Air Products and Chemicals to their MarketBeat watchlist in the last 30 days. This is an increase of 73% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Air Products and Chemicals insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.41% of the stock of Air Products and Chemicals is held by insiders.

  • Percentage Held by Institutions

    81.66% of the stock of Air Products and Chemicals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Air Products and Chemicals' insider trading history.
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APD Stock News Headlines

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APD Stock Analysis - Frequently Asked Questions

Air Products and Chemicals' stock was trading at $273.80 at the start of the year. Since then, APD shares have increased by 13.4% and is now trading at $310.36.
View the best growth stocks for 2024 here
.

Air Products and Chemicals, Inc. (NYSE:APD) announced its quarterly earnings results on Thursday, August, 1st. The basic materials company reported $3.20 EPS for the quarter, topping the consensus estimate of $3.04 by $0.16. The basic materials company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.04 billion. Air Products and Chemicals had a trailing twelve-month return on equity of 16.53% and a net margin of 21.24%.

Air Products and Chemicals subsidiaries include these companies: Oxygen & Argon Works, EPCO Carbon Dioxide Products, Indura, DuPont Air Products NanoMaterials, CryoService, ROVI Cosmetics International, S.I.Q. Beteiligungs, and more.

Air Products and Chemicals' top institutional investors include Handelsbanken Fonder AB (0.04%), Osher Van de Voorde Investment Management (0.03%), Armstrong Henry H Associates Inc. (0.03%) and Mather Group LLC. (0.02%). Insiders that own company stock include Seifi Ghasemi, Sean D Major, Wayne Thomas Smith, Edward L Monser and Melissa N Schaeffer.
View institutional ownership trends
.

Shares of APD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Air Products and Chemicals investors own include AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Exxon Mobil (XOM), McDonald's (MCD), PepsiCo (PEP) and Home Depot (HD).

Company Calendar

Ex-Dividend for 8/12 Dividend
7/01/2024
Last Earnings
8/01/2024
Dividend Payable
8/12/2024
Ex-Dividend for 11/12 Dividend
10/01/2024
Today
10/08/2024
Next Earnings (Estimated)
11/05/2024
Dividend Payable
11/12/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
Industrial Gases
CUSIP
00915810
CIK
2969
Employees
23,000
Year Founded
1940

Price Target and Rating

Average Stock Price Target
$309.18
High Stock Price Target
$365.00
Low Stock Price Target
$240.00
Potential Upside/Downside
-0.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
19 Analysts

Profitability

Net Income
$2.30 billion
Pretax Margin
26.10%

Debt

Sales & Book Value

Annual Sales
$12.10 billion
Cash Flow
$18.75 per share
Book Value
$70.50 per share

Miscellaneous

Free Float
221,395,000
Market Cap
$68.99 billion
Optionable
Optionable
Beta
0.82

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This page (NYSE:APD) was last updated on 10/8/2024 by MarketBeat.com Staff
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