Air Products & Chemicals (NYSE: APD) from a withholding rating to a purchase rating in a research note published on Tuesday, November 14.
Other badysts also issued reports on the stock UBS raised the shares of Air Products & Chemicals from a A neutral rating to a positive one in a report on Wednesday, September 13. Barclays reaffirmed a purchase rating and set a target price of $ 170.00 on the shares of Air Products & Chemicals in a report on Friday, August 4. Credit Suisse Group increased its target price on shares of Air Products & Chemicals from $ 158.00 to $ 173.00 gave the company a better performance rating on a report on Friday, October 27. Argus inc he set his price target on shares of Air Products & Chemicals from $ 159.00 to $ 165.00 and gave the company a purchase rating on a report on Monday. August 28. Fi Finally, Vertical Research raised the shares of Air Products & Chemicals from a sales rating to a withholding rating and set a target price of $ 146.00 on the shares in a report on Monday, August 7. Two investment badysts have rated the stock with a sale rating, four have granted a suspension rating and twelve have issued a purchase rating for the share. Currently, Air Products & Chemicals has an average Buy score and a consensual price target of $ 164.80.
Air Products & Chemicals (NYSE: APD) traded $ 1.40 down during the noon on Tuesday, reaching $ 161.64. 748,999 shares of the shares traded, compared to its average volume of 1,302,422. The stock has a market capitalization of $ 35,340.00, a P / E ratio of 25.87, a P / E / G ratio of 1.92 and a beta of 1.24. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.36 and a fast ratio of 2.23. Air Products & Chemicals has a minimum of fifty-two weeks of $ 133.63 and a maximum of fifty-two weeks of $ 164.65.
Air Products & Chemicals (NYSE: APD) last published its quarterly earnings data on Thursday, October 26. The basic materials company reported $ 1.76 EPS for the quarter, exceeding the consensus estimate of $ 1.68 for $ 0.08. Air Products & Chemicals had a net margin of 36.65% and a return on capital of 15.25%. The business had revenues of $ 2.20 billion for the quarter, compared to the consensus of $ 2.12 billion. During the same period in the previous year, the company earned $ 2.01 EPS. The company's revenues for the quarter increased 13.2% year-on-year. Equity badysts forecast that Air Products & Chemicals will post 7 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 12. Investors registered on Tuesday, January 2 will receive a dividend of $ 0.95 per share. This represents an annualized dividend of $ 3.80 and a yield of 2.35%. The ex dividend date of this dividend is Friday, December 29. The payment rate of Air Products & Chemicals is currently 73.64%.
Hedge funds have recently made changes in their positions in the business. Sabal Trust CO increased its stake in Air Products & Chemicals by 3.0% during the third quarter. Sabal Trust CO now owns 164,212 shares of the company's stock of basic materials worth $ 24,832,000 after buying 4,806 additional shares during the period. Weybosset Research & Management LLC purchased a new position in shares of Air Products & Chemicals in the third quarter valued at approximately $ 201,000. Raymond James Trust N.A increased its stake in Air Products & Chemicals shares by 11.8% in the third quarter. Raymond James Trust N.A. now it has 16,621 shares of the basic materials company valued at $ 2,513,000 after buying 1,756 additional shares during the period. Trust Co. of Vermont increased its stake in Air Products & Chemicals shares by 5.5% in the third quarter. Trust Co. of Vermont now owns 53,729 shares of the basic materials company valued at $ 8,125,000 after buying 2,816 additional shares during the period. Finally, Macquarie Group Ltd. increased its share of Air Products & Chemicals shares by 4.3% in the second quarter. Macquarie Group Ltd. now owns 62,489 shares of the company's stock of basic materials valued at $ 8,939,000 after buying an additional 2,567 shares during the period. 87.66% of the shares are owned by institutional investors.
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Air Products & Chemicals Company Profile
Air Products and Chemicals, Inc., is an industrial gases company. The Company's Industrial Gas business provides atmospheric and process gases and related equipment to the manufacturing markets, including refining and petrochemicals, metals, electronic products and food and beverages. The Company is also a supplier of liquefied natural gas process technology and equipment.