Air Products & Chemicals Inc [APD] stock is trading at $301.74, up 2.95%. 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 6.28% over the last week, with a monthly amount drifted -4.27%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Air Products & Chemicals Inc [NYSE: APD] stock has seen the most recent analyst activity on November 18, 2024, when UBS upgraded its rating to a Buy but kept the price target unchanged to $375 for it. Previously, Redburn Atlantic upgraded its rating to Neutral on October 25, 2024, and kept the price target unchanged to $330. On October 07, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $336 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $364 on October 07, 2024. Evercore ISI upgraded its rating to a Outperform and raised its price target to $365 on October 07, 2024. Deutsche Bank downgraded its rating to Hold for this stock on July 22, 2024. In a note dated March 01, 2024, Wolfe Research initiated an Outperform rating and provided a target price of $279 on this stock.
Air Products & Chemicals Inc [APD] stock has fluctuated between $212.24 and $337.00 over the past year. Currently, Wall Street analysts expect the stock to reach $354.14 within the next 12 months. Air Products & Chemicals Inc [NYSE: APD] shares were valued at $301.74 at the most recent close of the market. An investor can expect a potential return of 17.37% based on the average APD price forecast.
Analyzing the APD fundamentals
Air Products & Chemicals Inc [NYSE:APD] reported sales of 12.10B for the trailing twelve months, which represents a drop of -0.10%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.25 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.87.
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 295.77 points at the first support level, and at 289.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 304.87, and for the 2nd resistance point, it is at 308.00.
Ratios To Look Out For
For context, Air Products & Chemicals Inc’s Current Ratio is 1.52. Further, the Quick Ratio stands at 1.34, while the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 5.55, the price to book ratio is 3.94 and price to earnings (TTM) ratio is 17.56.
