News articles about Air Products and Chemicals (NYSE:APD) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Air Products and Chemicals earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 45.6989084104048 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Avinger, Inc., (NASDAQ: AVGR), TTM … – Stocks Updates – Stocks In The News (press release) (tradingnewsnow.com)
- Air Products Inks Oxygen & Nitrogen Supply Deal in China (finance.yahoo.com)
- Air Products & Chemicals, Inc. :APD-US: Earnings Analysis: 2017 By the Numbers : November 21, 2017 (finance.yahoo.com)
- APD Named Top 25 SAFE Dividend Stock Increasing Payments For Decades (nasdaq.com)
- Air Products Wins Second Long-term Oxygen and Nitrogen Supply Contract from Leading Global Manufacturer in Guangdong Province, China (finance.yahoo.com)
Shares of Air Products and Chemicals (APD) traded up $0.72 on Wednesday, reaching $162.29. The company’s stock had a trading volume of 473,900 shares, compared to its average volume of 1,320,547. The company has a current ratio of 2.36, a quick ratio of 2.23 and a debt-to-equity ratio of 0.33. Air Products and Chemicals has a 52-week low of $133.63 and a 52-week high of $163.56. The company has a market cap of $35,330.00, a P/E ratio of 25.60, a price-to-earnings-growth ratio of 1.90 and a beta of 1.24.
Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, October 26th. The basic materials company reported $1.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.68 by $0.08. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.12 billion. Air Products and Chemicals had a return on equity of 15.25% and a net margin of 36.65%. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.01 EPS. sell-side analysts forecast that Air Products and Chemicals will post 7 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Stockholders of record on Tuesday, January 2nd will be given a dividend of $0.95 per share. The ex-dividend date is Friday, December 29th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.34%. Air Products and Chemicals’s payout ratio is currently 73.64%.
Several analysts recently commented on the company. Deutsche Bank AG boosted their price target on Air Products and Chemicals from $160.00 to $168.00 and gave the company a “hold” rating in a research note on Wednesday, August 2nd. SunTrust Banks, Inc. boosted their price target on Air Products and Chemicals to $185.00 and gave the company a “buy” rating in a research note on Monday, November 13th. They noted that the move was a valuation call. Jefferies Group LLC reaffirmed a “hold” rating and issued a $155.00 price target on shares of Air Products and Chemicals in a research note on Thursday, September 28th. HSBC Holdings PLC raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. Finally, Barclays PLC reaffirmed a “buy” rating and issued a $170.00 price target on shares of Air Products and Chemicals in a research note on Friday, August 4th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $164.80.
About Air Products and Chemicals
Air Products and Chemicals, Inc, is an industrial gases company. The Company’s Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. The Company is also a supplier of liquefied natural gas process technology and equipment.
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