From what 0 stock analysts predict, the share price for Linde plc (LIN) might increase by 9.94% in the next year. This is based on a 12-month average estimation for LIN. Price targets go from $381 to $550. The majority of stock analysts believe LIN is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
Linde plc has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Linde plc will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of LIN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
John Roberts Mizuho | Outperform | $530 | Maintains | Nov 1, 2024 |
John McNulty BMO Capital | Outperform | $507 | Maintains | Nov 1, 2024 |
Deutsche Bank | Buy | $515 | Maintains | Nov 1, 2024 |
John McNulty BMO Capital | Outperform | $477 | Maintains | Aug 30, 2024 |
John McNulty BMO Capital | Outperform | $477 | Maintains | Aug 6, 2024 |
Steve Byrne B of A Securities | Buy | $516 | Maintains | Aug 5, 2024 |
Michael Leithead Barclays | Overweight | $510 | Maintains | Aug 5, 2024 |
Jeffrey Zekauskas JP Morgan | Overweight | $480 | Maintains | Aug 5, 2024 |
Patrick Cunningham Citigroup | Neutral | $480 | Maintains | Jul 12, 2024 |
Geoff Haire UBS | Neutral | $475 | Maintains | Jul 9, 2024 |
John McNulty BMO Capital | Outperform | $475 | Maintains | May 6, 2024 |
Martin Evans HSBC | Buy | $452 | Maintains | May 6, 2024 |
John Roberts Mizuho | Buy | $512 | Maintains | May 3, 2024 |
John Roberts Mizuho | Buy | $510 | Upgrade | Apr 18, 2024 |
Michael Sison Wells Fargo | Overweight | $540 | Maintains | Apr 11, 2024 |
Patrick Cunningham Citigroup | Neutral | $500 | Downgrade | Apr 10, 2024 |
Geoff Haire UBS | Neutral | $510 | Downgrade | Mar 27, 2024 |
John Roberts Mizuho | Neutral | $510 | Maintains | Mar 26, 2024 |
John McNulty BMO Capital | Outperform | $510 | Maintains | Mar 8, 2024 |
John Roberts Mizuho | Neutral | $503 | Maintains | Mar 8, 2024 |
When did it IPO
1992
Staff Count
65,987
Country
United Kingdom
Sector/Industry
Basic Materials/Specialty Chemicals
CEO
Mr. Sanjiv Lamba
Market Cap
$217.34B
In 2023, LIN generated $32.85B in revenue, which was a decrease of -1.53% from the previous year. This can be seen as a signal that LIN'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
Summary - Linde is generating 30%+ returns on capital, benefiting from elevated inflation through price increases. However, current economic conditions may lead to a lower stock valuation.
Why It Matters - Linde's strong returns and recent price hikes indicate robust earnings potential, but current economic challenges may lead to a lower stock valuation, impacting investment decisions.
Summary - Linde plc will hold its Q3 2024 earnings conference call on October 31, 2024, at 9:00 AM ET, featuring key executives and notable financial analysts.
Why It Matters - Linde's Q3 earnings call is a key indicator of its financial health and performance, influencing stock prices and investment decisions. Analysts' insights can sway market sentiment.
Summary - Linde plc reported Q3 sales of $8.4 billion (up 2%), operating profit of $2.1 billion, and adjusted EPS of $3.94 (up 9%). Full-year 2024 adjusted EPS guidance is $15.40 - $15.50.
Why It Matters - Linde plc's solid revenue growth, increased operating margins, and strong EPS guidance indicate robust financial health, potentially enhancing investor confidence and stock performance.
Summary - Linde (LIN) reported Q3 earnings of $3.94 per share, surpassing the Zacks estimate of $3.89 and up from $3.63 per share year-over-year.
Why It Matters - Linde's earnings beat expectations and show year-over-year growth, indicating strong performance and potential for continued profitability, which can boost investor confidence and stock value.
Summary - LIN's Q3 earnings were negatively impacted by reduced contributions from its Engineering business unit.
Why It Matters - Lower contributions from the Engineering unit may indicate weaknesses in that segment, potentially affecting LIN's overall profitability and future growth expectations, impacting stock performance.
Summary - Linde's Q3 2024 performance metrics will be compared to Wall Street estimates and year-ago figures, providing insights into the company's financial health.
Why It Matters - Comparing Linde's performance against Wall Street estimates and prior year metrics reveals trends in growth and profitability, influencing investor sentiment and stock valuation.