Media stories about Air Products & Chemicals (NYSE:APD) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Air Products & Chemicals earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 46.7530217111415 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Air Products & Chemicals (NYSE:APD) opened at $169.97 on Friday. The company has a market capitalization of $37,190.00, a P/E ratio of 32.94, a PEG ratio of 1.69 and a beta of 1.24. Air Products & Chemicals has a fifty-two week low of $133.63 and a fifty-two week high of $170.53. The company has a current ratio of 2.36, a quick ratio of 2.23 and a debt-to-equity ratio of 0.33.
Air Products & Chemicals (NYSE:APD) last posted its earnings results on Thursday, October 26th. The basic materials company reported $1.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.68 by $0.08. The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.12 billion. Air Products & Chemicals had a return on equity of 15.25% and a net margin of 36.65%. The business’s revenue was up 13.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.01 earnings per share. sell-side analysts predict that Air Products & Chemicals will post 7.03 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 12th. Investors of record on Tuesday, January 2nd will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Friday, December 29th. Air Products & Chemicals’s dividend payout ratio (DPR) is 73.64%.
A number of equities research analysts have recently commented on APD shares. Susquehanna Bancshares raised Air Products & Chemicals from a “neutral” rating to a “positive” rating and lifted their price objective for the company from $165.00 to $175.00 in a research report on Thursday, September 14th. Jefferies Group reissued a “hold” rating and set a $155.00 price target on shares of Air Products & Chemicals in a research report on Thursday, September 28th. Citigroup boosted their price target on Air Products & Chemicals from $172.30 to $185.00 and gave the company a “buy” rating in a research report on Friday, October 27th. SunTrust Banks restated a “buy” rating and set a $175.00 price objective on shares of Air Products & Chemicals in a research note on Friday, October 27th. Finally, Barclays boosted their price objective on Air Products & Chemicals from $170.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. Air Products & Chemicals currently has an average rating of “Buy” and a consensus price target of $166.79.
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Air Products & Chemicals Company Profile
Air Products and Chemicals, Inc, is an industrial gases company. The Company’s Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. The Company is also a supplier of liquefied natural gas process technology and equipment.
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