Air Products & Chemicals (NYSE: APD) has downgraded by equity research analysts in ValuEngine from a "buy" rating to a "catch" scale in a research report published on Monday, October 22nd.
Recently, several other analysts published reports on APD. Zacks Investment Research raised shares of Air Products and Chemicals from a "catch" rating to "buy" rating and set a $ 174.00 price objective to the company in a report on Wednesday, June 27th. Citigroup raised their price objective on Air Products & Chemicals shares from $ 198.00 to $ 200.00 and stocked "buy" in a report on Wednesday, July 11th. JPMorgan Chase & Co. left Their price objective on Air Products and Chemicals shares of $ 172.00 to $ 170.00 and set a "overweight" rating for the company in a report on Friday, July 27th. Group Credit Suisse raised their price objective on Air Products & Chemicals shares from $ 182.00 to $ 188.00 and stocked "buy" rating in a report on Friday, July 27th. Finally, BMO Markets Capital confirmed a "purchase" degree and set a price objective of $ 197.00 (up from $ 195.00) on Air Products & Chemicals shares in a report on Friday, July 27th. Two equity research analysts have rated the stock with a drop-down rate and seventeen have given a stock rating to the company's stock. Currently the stock has an average "Purchase" rate and a consensus price target of $ 187.64.
Air Products and Products stock was opened at $ 159.90 on Monday. The company has a rapid ratio of 2.24, a current ratio of 2.17 and a debt-to-equity ratio of 0.30. Air Products & Chemicals 1-year has low $ 148.44 and is 1-year from $ 175.17. The company has market capitalization of $ 34.66 billion, P / E ratio of 21.46, price-to-earnings growth ratio of 1.45 and beta from 1.08.
Air Products & Chemicals (NYSE: APD) last published its quarterly earnings results on Tuesday, November 6th. The basic material company reported $ 2.00 EPS for the quarter, beat Thomson Reuters' consensus estimation of $ 1.99 by $ 0.01. Air Products and Chemicals had a net edge of 16.77% and returned on equity of 15.30%. The revenue company had $ 2.30 billion during the quarter, compared to a $ 2.31 billion consensus estimation. During the same period last year, the company won $ 1.76 EPS. The quarterly revenue of the business was higher than 4.3% compared to one quarter last year. Online analysts are envisaged that Air Products and Chemicals will post 8.21 EPS for the current year.
Cattle funds have recently added or reduced their efforts in the business. Mount Yale LLC Investment Advisers purchased a new job in shares of Air Products and Chemicals during the first quarter valued at around $ 114,000. Braun Bostich & Associates Inc. increased its share of Air Products & Chemicals by 542.6% during the second quarter. Now Braun Bostich & Associates Inc. Owned 739 shares of the company's basic material stock worth $ 115,000 after buying 624 additional shares during the period. NuWave Investment Investment LLC increased its position in shares of Air Products & Chemicals by 8,770.0% during the third quarter. NuWave Investment Management LLC now owns 887 shares of the basic material company stock of $ 148,000 after the purchase of 877 additional shares during the period. IMS Capital Management purchased a new job in shares of Air Products and Chemicals during the second quarter valued at around $ 146,000. Finally, Vigilant Capital Management LLC bought a new job in shares of Air Products and Chemicals during the second quarter valued at around $ 158,000. 86.19% of the company's stock owns hedgerow funds and other institutional investors.
Air Products & Chemicals Company Profile
Air Products and Chemicals, Inc. provide atmospheric gases, specialized gas and processes, electronics and performance materials, equipment and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, argon, and rare gases; Process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, synchronization, and specialized gases; and equipment for the production or processing of gases involving air separation units and non-cryogenic manufacturers for customers in different industries, including metals, glass, chemical processing, electronics, energy production and refining, food processing, manufacturing metallurgical, medical and general.
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