Air Products and Chemicals Inc. (NYSE: APD) is 1.28% higher on its value in year-to-date trading and has touched a low of $216.24 and a high of $309.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The APD stock was last observed hovering at around $309.16 in the last trading session, with the day’s loss setting it -1.01%.
Currently trading at $308.15, the stock is 11.21% and 21.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -0.33% at the moment leaves the stock 25.02% off its SMA200. APD registered 3.06% gain for a year compared to 6-month gain of 30.34%.
The stock witnessed a 22.50% loss in the last 1 month and extending the period to 3 months gives it a 15.59%, and is 4.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.82% over the week and 2.40% over the month.
Air Products and Chemicals Inc. (APD) has around 20625 employees, a market worth around $67.61B and $12.70B in sales. Current P/E ratio is 30.56 and Fwd P/E is 24.63. Profit margin for the company is 17.60%. Distance from 52-week low is 42.50% and -0.46% from its 52-week high. The company has generated returns on investments over the last 12 months (8.60%).
Air Products and Chemicals Inc. (APD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Air Products and Chemicals Inc. (APD) is a “Overweight”. 24 analysts offering their recommendations for the stock have an average rating of 2.30, where 9 rate it as a Hold and 2 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Air Products and Chemicals Inc. is expected to release its quarterly report on 01/27/2023.The EPS is expected to grow by 6.60% this year
Air Products and Chemicals Inc. (APD) Top Institutional Holders
The shares outstanding are 222.00M, and float is at 220.92M with Short Float at 1.08%.
Air Products and Chemicals Inc. (APD) Insider Activity
A total of 0 insider transactions have happened at Air Products and Chemicals Inc. (APD) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Major Sean D, the company’s Executive VP & General Counsel. SEC filings show that Major Sean D sold 6,000 shares of the company’s common stock on Dec 03 at a price of $288.96 per share for a total of $1.73 million. Following the sale, the insider now owns 13343.0 shares.
Air Products and Chemicals Inc. (APD): Who are the competitors?
The company’s main competitors (and peers) include Linde plc (LIN) that is trading 3.82% up over the past 12 months and C3.ai Inc. (AI) that is -65.96% lower over the same period. Dow Inc. (DOW) is -12.89% down on the 1-year trading charts.