A share price of Linde plc [LIN] is currently trading at $338.29, up 2.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The LIN shares have lost -2.21% over the last week, with a monthly amount glided 1.28%, and seem to be holding up well over a long-time horizon.
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On 14, March 2023, S&P Global Includes Linde in The Sustainability Yearbook for 20th Consecutive Year. In a post published today on Yahoo Finance, Linde (NYSE:LIN) announced today it has been included in S&P Global’s Sustainability Yearbook 2023, its 20th consecutive year of inclusion.
From an analyst’s perspective:
Linde plc [NYSE: LIN] stock has seen the most recent analyst activity on October 13, 2022, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $330 for it. Previously, Goldman started tracking the stock with Buy rating on October 13, 2022, and set its price target to $338. On August 10, 2022, upgrade upgraded it’s rating to Buy. Evercore ISI upgraded its rating to a Outperform but stick to its price target of $355 on May 31, 2022. Credit Suisse initiated its recommendation with a Outperform and recommended $380 as its price target on May 31, 2022. Cowen reiterated a Market Perform rating for this stock on March 03, 2022, and downed its price target to $330. In a note dated December 09, 2021, Wolfe Research upgraded an Outperform rating on this stock and boosted its target price from $338 to $404.
Linde plc experienced fluctuations in its stock price throughout the past year between $262.47 and $362.74. Linde plc [NYSE: LIN] shares were valued at $338.29 at the most recent close of the market.
Analyzing the LIN fundamentals
During the last quarter, Linde plc [NYSE:LIN] saw sales of 7.9 billion, an decline of -4.80%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 331.07 points at the first support level, and at 323.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 342.55, and for the 2nd resistance point, it is at 346.82.
Linde plc [LIN] reported earnings per share of $2.95 for its fiscal quarter that ended on 12/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.5/share, meaning a difference of $0.45 and a surprise factor of 18.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2022 were $2.91 per share as compared to estimates of $2.52 per share, a difference of $0.39 representing a surprise of 15.50%.
Ratios To Look Out For
A current ratio of 0.80 is a noteworthy aspect of Linde plc [NYSE:LIN].
Transactions by insiders
The next item on our agenda is insider trading, which has seen 1 insider purchases totaling 24,537 shares and 1 insider sales totaling 9,991 shares over the past 3 months. Recent insider trading involved Durbin Sean, Executive VP, EMEA, that happened on Mar 03 when 4060.0 shares were sold. Principal Accounting Officer, Hoyt Kelcey E completed a deal on Nov 16 to sell 2932.0 shares. Meanwhile, Executive VP, Chief HR Officer Strauss David P sold 2166.0 shares on Nov 14.