The stock of Linde Plc (LIN) has gone up by 4.43% for the week, with a 9.81% rise in the past month and a -0.30% drop in the past quarter. The volatility ratio for the week is 2.05%, and the volatility levels for the past 30 days are 1.57% for LIN. The simple moving average for the last 20 days is 4.71% for LIN stock, with a simple moving average of 1.42% for the last 200 days.
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 34.52x. The 36-month beta value for LIN is also noteworthy at 0.96. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 6 rating it as “overweight,” 7 rating it as “hold,” and 1 rating it as “sell.”
The public float for LIN is 467.67M, and at present, short sellers hold a 1.39% of that float. The average trading volume of LIN on February 05, 2025 was 2.26M shares.
LIN) stock’s latest price update
The stock of Linde Plc (NASDAQ: LIN) has increased by 0.13 when compared to last closing price of 454.21. Despite this, the company has experienced a 4.43% gain in its stock price over the last five trading sessions. accessnewswire.com reported 2025-02-04 that WOKING, UK / ACCESS Newswire / February 4, 2025 / Linde (Nasdaq:LIN) announced today that for the fifth successive year, it secured a record number of new small on-site projects for the supply of nitrogen and oxygen. During 2024, the company signed 59 new long-term agreements for which it will build, own and operate 64 plants at customer sites.
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 4.13% 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 -6.71% of loss for the given period.
Volatility was left at 1.57%, however, over the last 30 days, the volatility rate increased by 2.05%, as shares surge +9.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.42% upper at present.
During the last 5 trading sessions, LIN rose by +4.43%, which changed the moving average for the period of 200-days by +1.79% in comparison to the 20-day moving average, which settled at $434.36. In addition, Linde Plc saw 8.63% 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 6.24. 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 summary, Linde Plc (LIN) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
