Linde Plc [LIN] stock is trading at $421.43, up 1.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LIN shares have gain 1.92% over the last week, with a monthly amount drifted -5.26%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Linde Plc [NASDAQ: LIN] stock has seen the most recent analyst activity on January 13, 2025, when TD Cowen upgraded its rating to a Buy. Previously, Mizuho upgraded its rating to Buy on April 18, 2024, and kept the price target unchanged to $510. On April 10, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $500 on the stock. UBS downgraded its rating to a Neutral and increased its price target to $510 on March 27, 2024. Wolfe Research initiated its recommendation with a Peer Perform. TD Cowen reiterated a Market Perform rating for this stock on February 16, 2024, and upped its price target to $455. In a note dated January 22, 2024, Stifel downgraded an Hold rating on this stock but restated the target price of $429.
Linde Plc [LIN] stock has fluctuated between $396.07 and $487.49 over the past year. Currently, Wall Street analysts expect the stock to reach $502.17 within the next 12 months. Linde Plc [NASDAQ: LIN] shares were valued at $421.43 at the most recent close of the market. An investor can expect a potential return of 19.16% based on the average LIN price forecast.
Analyzing the LIN fundamentals
Linde Plc [NASDAQ:LIN] reported sales of 33.02B for the trailing twelve months, which represents a growth of 2.46%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.16 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.57.
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 415.86 points at the first support level, and at 410.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 424.84, and for the 2nd resistance point, it is at 428.24.
Ratios To Look Out For
For context, Linde Plc’s Current Ratio is 0.96. In addition, the Quick Ratio stands at 0.81 and the Cash Ratio stands at 0.37. Considering the valuation of this stock, the price to sales ratio is 6.08, the price to book ratio is 5.12 and price to earnings (TTM) ratio is 31.99.
Transactions by insiders
Recent insider trading involved Strauss David P, Executive VP, Chief HR Officer, that happened on Dec 16 ’24 when 2218.0 shares were sold. Officer, Strauss David P completed a deal on Dec 16 ’24 to buy 2218.0 shares. Meanwhile, Director Reynolds Paula Rosput bought 100.0 shares on Dec 12 ’24.
