Free Trial

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

$275.82
+2.40 (+0.88%)
(As of 08/21/2024 ET)
Today's Range
$271.87
$276.55
50-Day Range
$247.18
$287.47
52-Week Range
$212.24
$307.71
Volume
598,612 shs
Average Volume
1.70 million shs
Market Capitalization
$61.32 billion
P/E Ratio
24.89
Dividend Yield
2.57%
Price Target
$297.40

Air Products and Chemicals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
7.8% Upside
$297.40 Price Target
Short Interest
Healthy
1.60% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.55
Upright™ Environmental Score
News Sentiment
0.72mentions of Air Products and Chemicals in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.68%
From $12.29 to $13.48 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.29 out of 5 stars

Basic Materials Sector

43rd out of 178 stocks

Industrial Inorganic Chemicals Industry

2nd out of 10 stocks

APD stock logo

About Air Products and Chemicals Stock (NYSE:APD)

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.

APD Stock Price History

APD Stock News Headlines

Air Products and Chemicals (NYSE:APD) PT Raised to $281.00
Secure this "AI Fuel" Stock Before the Billionaires Buy It All
According to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.
Secure this "AI Fuel" Stock Before the Billionaires Buy It All
According to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.
The 3 Best Hydrogen Stocks to Buy in August 2024
See More Headlines
Receive APD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Air Products and Chemicals and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/30/2024
Ex-Dividend for 8/12 Dividend
7/01/2024
Dividend Payable
8/12/2024
Today
8/21/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/05/2024

Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
Industrial Gases
CUSIP
00915810
CIK
2969
Employees
21,900
Year Founded
1940

Price Target and Rating

Average Stock Price Target
$297.40
High Stock Price Target
$340.00
Low Stock Price Target
$240.00
Potential Upside/Downside
+7.8%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
17 Analysts

Profitability

Net Income
$2.30 billion
Pretax Margin
26.10%

Debt

Sales & Book Value

Annual Sales
$12.10 billion
Cash Flow
$16.93 per share
Book Value
$75.06 per share

Miscellaneous

Free Float
221,395,000
Market Cap
$61.32 billion
Optionable
Optionable
Beta
0.81

Social Links

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for September 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Should I Buy Air Products and Chemicals Stock? APD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Air Products and Chemicals, Inc.:

  • Air Products and Chemicals, Inc. reported a strong EPS of $2.85 for the quarter, beating the consensus estimate by $0.15, indicating solid financial performance.
  • The company has a healthy return on equity of 16.56%, showcasing efficient utilization of shareholder funds to generate profits.
  • Despite a slight revenue decline, Air Products and Chemicals maintains a robust net margin of 20.32%, reflecting effective cost management.
  • With a dividend payout ratio of 63.90%, the company offers a stable dividend yield of 2.46%, providing investors with a source of income.
  • Recent analyst ratings show a positive sentiment towards the stock, with an average target price of $289.29, suggesting growth potential.

Cons

Investors should be bearish about investing in Air Products and Chemicals, Inc. for these reasons:

  • Air Products and Chemicals, Inc. had revenue below analyst estimates, indicating potential challenges in revenue generation and market competitiveness.
  • Some analysts have downgraded the stock rating, with a few issuing a sell rating, signaling concerns about the company's future performance.
  • The company's revenue was down 8.4% on a year-over-year basis, highlighting a decline in top-line growth.
  • Deutsche Bank Aktiengesellschaft lowered the price target for Air Products and Chemicals, suggesting a cautious outlook on the stock's valuation.
  • The stock's 50-day moving average price is $264.99, potentially indicating short-term price volatility and market uncertainty.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 8, 2024. Please send any questions or comments about these Air Products and Chemicals pros and cons to contact@marketbeat.com.

APD Stock Analysis - Frequently Asked Questions

How have APD shares performed this year?

Air Products and Chemicals' stock was trading at $273.80 on January 1st, 2024. Since then, APD stock has increased by 0.7% and is now trading at $275.82.
View the best growth stocks for 2024 here
.

How were Air Products and Chemicals' earnings last quarter?

Air Products and Chemicals, Inc. (NYSE:APD) posted its earnings results on Tuesday, April, 30th. The basic materials company reported $2.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.70 by $0.15. The business's quarterly revenue was down 8.4% on a year-over-year basis.
Read the conference call transcript
.

What is Seifi Ghasemi's approval rating as Air Products and Chemicals' CEO?

226 employees have rated Air Products and Chemicals Chief Executive Officer Seifi Ghasemi on Glassdoor.com. Seifi Ghasemi has an approval rating of 79% among the company's employees.

Does Air Products and Chemicals have any subsidiaries?

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

Who are Air Products and Chemicals' major shareholders?

Air Products and Chemicals' top institutional investors include Barrow Hanley Mewhinney & Strauss LLC (1.38%), Massachusetts Financial Services Co. MA (1.26%), Bank of New York Mellon Corp (0.92%) and Raymond James & Associates (0.90%). 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
.

How do I buy shares of Air Products and Chemicals?

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.

What other stocks do shareholders of Air Products and Chemicals own?

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).

This page (NYSE:APD) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners