Air Products & Chemicals Inc. (APD) Stock Up 0.65%: Latest Performance Analysis

Currently, Air Products & Chemicals Inc. [APD] is trading at $316.66, up 0.65%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The APD shares have gain 10.91% over the last week, with a monthly amount glided 13.08%, 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 October 07, 2024, when Vertical Research upgraded its rating to a Buy but kept the price target unchanged to $336 for it. Previously, Jefferies upgraded its rating to Buy on October 07, 2024, and elevated its price target to $364. On October 07, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $365 on the stock. Deutsche Bank downgraded its rating to a Hold. Wolfe Research initiated its recommendation with a Outperform and recommended $279 as its price target on March 01, 2024. Argus downgraded its rating to Hold for this stock on February 26, 2024. In a note dated February 16, 2024, TD Cowen reiterated an Outperform rating on this stock and revised its target price from $345 to $305.

This stock has fluctuated between a low of $212.24 and a high of $323.86 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $313.43 within the next 12 months. Air Products & Chemicals Inc. [NYSE: APD] shares were valued at $316.66 at the most recent close of the market. An investor can expect a potential drop of -1.02% based on the average APD price forecast.

Analyzing the APD fundamentals

Trailing Twelve Months sales for Air Products & Chemicals Inc. [NYSE:APD] were 12.10B which represents -1.61% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.93.

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 315.44 points at the first support level, and at 314.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 317.93, and for the 2nd resistance point, it is at 319.20.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Air Products & Chemicals Inc. [NYSE:APD] is 1.27. Also, the Quick Ratio is 1.10, while the Cash Ratio stands at 0.53. Considering the valuation of this stock, the price to sales ratio is 5.82, the price to book ratio is 4.66 and price to earnings (TTM) ratio is 27.52.

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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