This is why Air Products & Chemicals Inc. (APD) Stock is one of the options for the Longer run

Air Products & Chemicals Inc. [APD] stock prices are up 0.04% to $295.72 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The APD shares have gain 2.93% over the last week, with a monthly amount glided 6.08%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Air Products & Chemicals Inc. [NYSE: APD] stock has seen the most recent analyst activity on July 22, 2024, when Deutsche Bank downgraded its rating to a Hold. Previously, Wolfe Research started tracking the stock with Outperform rating on March 01, 2024, and set its price target to $279. On February 26, 2024, downgrade downgraded it’s rating to Hold. TD Cowen reiterated its Outperform rating and decreased its price target to $305 on February 16, 2024. BofA Securities upgraded its rating to a Buy but $264 remained the price target by the analyst firm on February 15, 2024. UBS downgraded its rating to Neutral for this stock on February 08, 2024, and downed its price target to $241. In a note dated February 06, 2024, Seaport Research Partners downgraded an Neutral rating on this stock.

The stock price of Air Products & Chemicals Inc. [APD] has been fluctuating between $212.24 and $297.53 over the past year. Currently, Wall Street analysts expect the stock to reach $300.08 within the next 12 months. Air Products & Chemicals Inc. [NYSE: APD] shares were valued at $295.72 at the most recent close of the market. An investor can expect a potential return of 1.47% based on the average APD price forecast.

Analyzing the APD fundamentals

The Air Products & Chemicals Inc. [NYSE:APD] reported sales of 12.10B for trailing twelve months, representing a drop of -1.61%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.17 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.93.

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 293.77 points at the first support level, and at 291.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 297.40, and for the 2nd resistance point, it is at 299.08.

Ratios To Look Out For

It’s worth pointing out that Air Products & Chemicals Inc. [NYSE:APD]’s Current Ratio is 1.27. On the other hand, the Quick Ratio is 1.10, and the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 5.43, the price to book ratio is 4.35 and price to earnings (TTM) ratio is 25.70.

Transactions by insiders

Recent insider trading involved Kutz Jeffrey, VP, Controller & PAO, that happened on Dec 05 ’23 when 107.0 shares were sold. Chairman, Pres. and CEO, Ghasemi Seifi completed a deal on Nov 13 ’23 to buy 11000.0 shares. Meanwhile, Chairman, Pres. and CEO Ghasemi Seifi bought 10000.0 shares on Nov 08 ’23.

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