Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Air Products & Chemicals Inc Market Cap
From what 20 stock analysts predict, the share price for Air Products & Chemicals Inc (APD) might increase by 5.11% in the next year. This is based on a 12-month average estimation for APD. Price targets go from $210 to $355. The majority of stock analysts believe APD is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
APD is a stock in Basic Materials which has been forecasted to be worth $300.16 as an average. On the higher end, the forecast price is $355 USD by Joshua Spector from UBS and on the lower end APD is forecasted to be $210 by PJ Juvekar from Citigroup.
These are the latest 20 analyst ratings of APD.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Joshua Spector UBS | Neutral | $281 | Maintains | Aug 20, 2024 |
| Duffy Fischer Barclays | Equal-Weight | $295 | Maintains | Aug 5, 2024 |
| John McNulty BMO Capital | Outperform | $323 | Maintains | Aug 5, 2024 |
| Duffy Fischer Goldman Sachs | Buy | $330 | Maintains | Aug 5, 2024 |
| Jeffrey Zekauskas JP Morgan | Overweight | $340 | Maintains | Aug 2, 2024 |
| Michael Sison Wells Fargo | Overweight | $280 | Maintains | Aug 2, 2024 |
| David Begleiter Deutsche Bank | Hold | $280 | Downgrade | Jul 22, 2024 |
| Patrick Cunningham Citigroup | Buy | $305 | Maintains | Jul 12, 2024 |
| John McNulty BMO Capital | Outperform | $300 | Maintains | Jul 11, 2024 |
| Joshua Spector UBS | Neutral | $268 | Maintains | Jul 9, 2024 |
| David Begleiter Deutsche Bank | Buy | $310 | Maintains | Jun 10, 2024 |
| Steve Byrne B of A Securities | Buy | $312 | Maintains | Jun 10, 2024 |
| John McNulty BMO Capital | Outperform | $294 | Maintains | Jun 10, 2024 |
| Duffy Fischer Barclays | Equal-Weight | $290 | Maintains | Jun 10, 2024 |
| Vincent Andrews Morgan Stanley | Equal-Weight | $280 | Maintains | Jun 5, 2024 |
| John McNulty BMO Capital | Outperform | $276 | Maintains | May 31, 2024 |
| John McNulty BMO Capital | Outperform | $263 | Maintains | May 1, 2024 |
| Marc Bianchi TD Cowen | Buy | $320 | Maintains | May 1, 2024 |
| Patrick Cunningham Citigroup | Buy | $280 | Maintains | May 1, 2024 |
| Steve Byrne B of A Securities | Buy | $275 | Maintains | May 1, 2024 |
When did it IPO
1983
Staff Count
20,700
Country
United States
Sector/Industry
Basic Materials/Specialty Chemicals
CEO
Mr. Seifollah Ghasemi
Market Cap
$64.79B
In 2023, APD generated $12.60B in revenue, which was a decrease of -0.78% from the previous year. This can be seen as a signal that APD's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 03 Oct 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Air Products and Chemicals has increased its shareholder payout for 41 years. Q3 adjusted EPS rose, and interest coverage ratio for FY 2024 stands at nearly 15.
Why It Matters - Air Products and Chemicals' consistent dividend increase signals financial stability and commitment to shareholders, while strong EPS growth and high interest coverage indicate robust profitability and low risk.
Tue, 01 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - APD has completed the divestment of its LNG heat exchanger technology and equipment business to focus on expanding its core industrial gas operations.
Why It Matters - APD's divestment aligns with its strategy to focus on core operations, potentially enhancing efficiency and profitability in the industrial gas sector, which may influence stock performance positively.
Mon, 30 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Air Products has sold its LNG process technology and equipment business to Honeywell for $1.81 billion, focusing on its industrial gases and clean hydrogen growth strategy.
Why It Matters - Air Products' $1.81 billion sale of its LNG business to Honeywell underscores its focus on industrial gases and clean hydrogen, aligning with growth strategies that could enhance long-term profitability.
Mon, 30 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - APD stock rises due to successful investments in high-return industrial gas projects and effective productivity and cost improvement measures.
Why It Matters - APD's stock rise signals strong financial health and growth potential, driven by strategic investments and efficiency measures, likely boosting future earnings and attracting investor interest.
Mon, 23 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - APD is seeing positive outcomes from its investments in high-return industrial gas projects and enhanced productivity measures.
Why It Matters - APD's strong performance in high-return projects and efficiency boosts indicates potential for increased profitability, making it an attractive option for investors seeking growth.
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - APD is benefiting from investments in high-return industrial gas projects and productivity improvements, despite concerns over economic softness in China.
Why It Matters - APD's investment in high-return projects and productivity improvements can enhance profitability, potentially offsetting concerns about China's economic softness, positively influencing stock performance.
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