The stock price of Linde Plc (NASDAQ: LIN) has surged by 1.39 when compared to previous closing price of 421.43, but the company has seen a 3.48% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-11 that Linde plc is a potential buy, showing steady growth with a 238% increase over 10 years, despite market fluctuations. The industrial gases market is projected to grow significantly, driven by clean energy, decarbonization, and expanding applications in healthcare and technology. Linde’s strong financials, low volatility, and proactive management strategies position it well for future growth, despite risks like increased debt, economic vagaries, and a low dividend yield.
Is It Worth Investing in Linde Plc (NASDAQ: LIN) Right Now?
The price-to-earnings ratio for Linde Plc (NASDAQ: LIN) is above average at 32.43x, Company’s 36-month beta value is 0.95.Analysts have differing opinions on the stock, with 14 analysts rating it as a “buy,” 6 as “overweight,” 7 as “hold,” and 1 as “sell.”
The public float for LIN is 467.77M, and currently, short sellers hold a 1.40% ratio of that floaft. The average trading volume of LIN on January 15, 2025 was 2.10M shares.
LIN’s Market Performance
The stock of Linde Plc (LIN) has seen a 3.48% increase in the past week, with a -3.01% drop in the past month, and a -9.86% fall in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 1.54% for LIN. The simple moving average for the past 20 days is 1.37% for LIN’s stock, with a -4.93% simple moving average for the past 200 days.
Analysts’ Opinion of LIN
Mizuho, on the other hand, stated in their research note that they expect to see LIN reach a price target of $510. The rating they have provided for LIN stocks is “Buy” according to the report published on April 18th, 2024.
Citigroup gave a rating of “Neutral” to LIN, setting the target price at $500 in the report published on April 10th of the previous year.
LIN Trading at -3.06% from the 50-Day Moving Average
After a stumble in the market that brought LIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.35% of loss for the given period.
Volatility was left at 1.54%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares sank -2.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.74% lower at present.
During the last 5 trading sessions, LIN rose by +3.48%, which changed the moving average for the period of 200-days by -8.35% in comparison to the 20-day moving average, which settled at $421.51. In addition, Linde Plc saw 2.06% 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 LIN starting from Strauss David P, who sale 2,218 shares at the price of $434.35 back on Dec 16 ’24. After this action, Strauss David P now owns 25,926 shares of Linde Plc, valued at $963,388 using the latest closing price.
Strauss David P, the Officer of Linde Plc, proposed sale 2,218 shares at $434.24 during a trade that took place back on Dec 16 ’24, which means that Strauss David P is holding shares at $963,144 based on the most recent closing price.
Stock Fundamentals for LIN
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.49 for the gross margin
The net margin for Linde Plc stands at 0.17. The total capital return value is set at 0.12. Equity return is now at value 16.35, with 7.96 for asset returns.
Based on Linde Plc (LIN), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is 30.62.
Currently, EBITDA for the company is 12.22 billion with net debt to EBITDA at 1.39. When we switch over and look at the enterprise to sales, we see a ratio of 5.89. The receivables turnover for the company is 7.31for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.96.
Conclusion
In a nutshell, Linde Plc (LIN) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
