The price-to-earnings ratio for Air Products & Chemicals Inc. (NYSE: APD) is above average at 24.97x, Company’s 36-month beta value is 0.82.Analysts have differing opinions on the stock, with 11 analysts rating it as a “buy,” 3 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for APD is 220.66M, and currently, short sellers hold a 1.49% ratio of that floaft. The average trading volume of APD on September 19, 2024 was 1.49M shares.
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APD) stock’s latest price update
Air Products & Chemicals Inc. (NYSE: APD)’s stock price has plunge by -1.32relation to previous closing price of 291.13. Nevertheless, the company has seen a 3.45% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-10 that The S&P 500 Dividend Aristocrats list was rebalanced in January 2024, with notable changes including the removal of Walgreens and 3M, and the addition of Fastenal and Kenvue.
APD’s Market Performance
APD’s stock has risen by 3.45% in the past week, with a monthly rise of 4.79% and a quarterly rise of 4.59%. The volatility ratio for the week is 1.78% while the volatility levels for the last 30 days are 1.72% for Air Products & Chemicals Inc. The simple moving average for the past 20 days is 3.50% for APD’s stock, with a 11.69% simple moving average for the past 200 days.
Analysts’ Opinion of APD
Wolfe Research, on the other hand, stated in their research note that they expect to see APD reach a price target of $279. The rating they have provided for APD stocks is “Outperform” according to the report published on March 01st, 2024.
APD Trading at 5.63% from the 50-Day Moving Average
After a stumble in the market that brought APD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.84% of loss for the given period.
Volatility was left at 1.72%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +5.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.80% upper at present.
During the last 5 trading sessions, APD rose by +3.45%, which changed the moving average for the period of 200-days by +6.19% in comparison to the 20-day moving average, which settled at $278.28. In addition, Air Products & Chemicals Inc. saw 4.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at APD starting from Kutz Jeffrey, who sale 107 shares at the price of $264.74 back on Dec 05 ’23. After this action, Kutz Jeffrey now owns 1,270 shares of Air Products & Chemicals Inc., valued at $28,327 using the latest closing price.
Ghasemi Seifi, the Chairman, Pres. and CEO of Air Products & Chemicals Inc., purchase 11,000 shares at $264.42 during a trade that took place back on Nov 13 ’23, which means that Ghasemi Seifi is holding 670,673 shares at $2,908,620 based on the most recent closing price.
Stock Fundamentals for APD
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.32 for the gross margin
The net margin for Air Products & Chemicals Inc. stands at 0.21. The total capital return value is set at 0.09. Equity return is now at value 17.53, with 7.55 for asset returns.
Based on Air Products & Chemicals Inc. (APD), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.93. The interest coverage ratio of the stock is 10.32.
Currently, EBITDA for the company is 4.66 billion with net debt to EBITDA at 2.81. When we switch over and look at the enterprise to sales, we see a ratio of 6.29. The receivables turnover for the company is 6.29for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
In a nutshell, Air Products & Chemicals Inc. (APD) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
