Air Products & Chemicals Inc (NYSE: APD) is 4.03% higher on its value in year-to-date trading and has touched a low of $212.24 and a high of $337.00 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 $293.08 in the last trading session, with the day’s gains setting it 8.66%.
Currently trading at $301.74, the stock is 2.44% and -2.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.29 million and changing 2.95% at the moment leaves the stock 7.61% off its SMA200. APD registered 13.03% gain for a year compared to 6-month gain of 15.47%. The firm has a 50-day simple moving average (SMA 50) of $310.277 and a 200-day simple moving average (SMA200) of $280.0876.
The stock witnessed a -4.27% loss in the last 1 month and extending the period to 3 months gives it a -4.09%, and is 6.28% 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 1.94% over the week and 1.68% over the month.
Air Products & Chemicals Inc (APD) has around 23000 employees, a market worth around $67.10B and $12.10B in sales. Current P/E ratio is 17.56 and Fwd P/E is 21.52. Profit margin for the company is 31.75%. Distance from 52-week low is 42.17% and -10.46% from its 52-week high. The company has generated returns on investments over the last 12 months (12.30%).
with sales reaching $2.95B over the same period.The EPS is expected to grow by 3.11% this year, but quarterly earnings will post 1.75% year-over-year. Quarterly sales are estimated to shrink -1.53% in year-over-year returns.
Air Products & Chemicals Inc (APD) Top Institutional Holders
2126.0 institutions hold shares in Air Products & Chemicals Inc (APD), with institutional investors hold 91.68% of the company’s shares. The shares outstanding are 222.37M, and float is at 220.62M with Short Float at 1.30%. Institutions hold 91.31% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 21.08 million shares valued at $5.44 billion. The investor’s holdings represent 9.4742% of the APD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.77 million shares valued at $4.33 billion to account for 7.5387 of the shares outstanding. The other top investors are CAPITAL RESEARCH GLOBAL INVESTORS which holds 14.93 million shares representing 6.7116% and valued at over $3.85 billion, while STATE FARM MUTUAL AUTOMOBILE INSURANCE CO holds 5.529 of the shares totaling 12.3 million with a market value of $3.17 billion.
Air Products & Chemicals Inc (APD) Insider Activity
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