Praxair (PX) Given Daily Media Impact Score of 0.09

Media stories about Praxair (NYSE:PX) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Praxair earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 46.5237263009749 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

A number of brokerages recently weighed in on PX. TheStreet downgraded Praxair from an “a-” rating to a “c+” rating in a research note on Thursday, January 25th. Seaport Global Securities reissued a “hold” rating and issued a $165.00 price objective on shares of Praxair in a research note on Wednesday, January 31st. Zacks Investment Research raised Praxair from a “hold” rating to a “buy” rating and set a $182.00 price objective on the stock in a research note on Thursday, January 11th. Citigroup reissued a “buy” rating and issued a $188.00 price objective on shares of Praxair in a research note on Friday, January 26th. Finally, Raymond James Financial reissued an “outperform” rating on shares of Praxair in a research note on Tuesday, January 23rd. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $167.50.

Shares of PX stock traded down $1.35 during midday trading on Friday, reaching $154.32. The company’s stock had a trading volume of 2,257,065 shares, compared to its average volume of 1,580,932. The company has a current ratio of 0.99, a quick ratio of 0.81 and a debt-to-equity ratio of 1.20. The company has a market cap of $44,310.98, a P/E ratio of 35.72, a P/E/G ratio of 2.01 and a beta of 1.06. Praxair has a 52 week low of $115.67 and a 52 week high of $166.95.

Praxair (NYSE:PX) last issued its quarterly earnings results on Thursday, January 25th. The basic materials company reported $1.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.48 by $0.04. The company had revenue of $2.95 billion for the quarter, compared to the consensus estimate of $2.85 billion. Praxair had a return on equity of 26.54% and a net margin of 10.90%. sell-side analysts expect that Praxair will post 6.64 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Wednesday, March 7th were given a $0.825 dividend. This is an increase from Praxair’s previous quarterly dividend of $0.79. This represents a $3.30 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Tuesday, March 6th. Praxair’s payout ratio is currently 76.39%.

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Praxair Company Profile

Praxair, Inc is an industrial gas company. The Company’s operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, it operates its surface technologies business through its subsidiary, Praxair Surface Technologies, Inc, which represents the fifth segment.

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