Air Products & Chemicals Inc. [APD] stock prices are up 0.84% to $236.00 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The APD shares have gain 1.38% over the last week, with a monthly amount drifted -7.71%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 15, February 2024, Air Products’ Chief Operating Officer Dr. Samir J. Serhan to Speak at Citi Global Industrial Tech and Mobility Conference on February 22. In a post published today on Yahoo Finance, Air Products today announced that Chief Operating Officer Dr. Samir J. Serhan will speak at Citi Global Industrial Tech and Mobility Conference on Thursday, February 22, 2024 at 8:50 a.m. USET.
From an analyst’s perspective:
Air Products & Chemicals Inc. [NYSE: APD] stock has seen the most recent analyst activity on March 01, 2024, when Wolfe Research initiated its Outperform rating and assigned the stock a price target of $279. Previously, Argus downgraded its rating to Hold on February 26, 2024. On February 16, 2024, TD Cowen reiterated its Outperform rating and revised its price target to $305 on the stock. BofA Securities upgraded its rating to a Buy but stick to its price target of $264 on February 15, 2024. UBS downgraded its rating to a Neutral and reduced its price target to $241 on February 08, 2024. Seaport Research Partners downgraded its rating to Neutral for this stock on February 06, 2024. In a note dated February 05, 2024, Wells Fargo downgraded an Equal Weight rating on this stock.
The stock price of Air Products & Chemicals Inc. [APD] has been fluctuating between $212.24 and $307.71 over the past year. Currently, Wall Street analysts expect the stock to reach $305.77 within the next 12 months. Air Products & Chemicals Inc. [NYSE: APD] shares were valued at $236.00 at the most recent close of the market. An investor can expect a potential return of 29.56% based on the average APD price forecast.
Analyzing the APD fundamentals
The Air Products & Chemicals Inc. [NYSE:APD] reported sales of 12.42B for trailing twelve months, representing a drop of -5.59%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.16 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.81.
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 233.44 points at the first support level, and at 230.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 237.52, and for the 2nd resistance point, it is at 239.05.
Air Products & Chemicals Inc. [APD] reported earnings per share of $2.82 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $3/share, meaning a difference of -$0.18 and a surprise factor of -6.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $3.15 per share as compared to estimates of $3.12 per share, a difference of $0.03 representing a surprise of 1.00%.
Ratios To Look Out For
It’s worth pointing out that Air Products & Chemicals Inc. [NYSE:APD]’s Current Ratio is 1.81. Further, the Quick Ratio stands at 1.58, while the Cash Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 4.22, the price to book ratio is 3.53 and price to earnings (TTM) ratio is 22.57.
Transactions by insiders
Recent insider trading involved Kutz Jeffrey, VP, Controller & PAO, that happened on Dec 05 when 107.0 shares were sold. Chairman, Pres. and CEO, Ghasemi Seifi completed a deal on Nov 13 to buy 11000.0 shares. Meanwhile, Chairman, Pres. and CEO Ghasemi Seifi bought 10000.0 shares on Nov 08.
