Media stories about Air Products & Chemicals (NYSE:APD) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Air Products & Chemicals earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 46.2214565657336 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
APD has been the topic of several analyst reports. JPMorgan Chase lowered shares of Air Products & Chemicals from an “overweight” rating to a “neutral” rating and set a $170.00 price target on the stock. in a report on Monday, January 29th. Monness Crespi & Hardt boosted their price target on shares of Air Products & Chemicals from $180.00 to $190.00 and gave the company a “buy” rating in a report on Monday, January 29th. Credit Suisse Group set a $181.00 price target on shares of Air Products & Chemicals and gave the company a “buy” rating in a report on Monday, January 29th. Jefferies Group reissued a “buy” rating and issued a $195.00 price target on shares of Air Products & Chemicals in a report on Monday, January 29th. Finally, Seaport Global Securities restated a “buy” rating and issued a $185.00 target price on shares of Air Products & Chemicals in a research note on Monday, January 29th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and sixteen have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $178.65.
NYSE APD traded up $1.43 on Thursday, hitting $163.04. 537,763 shares of the company were exchanged, compared to its average volume of 1,170,191. The company has a market cap of $35,728.70, a price-to-earnings ratio of 25.84, a price-to-earnings-growth ratio of 1.37 and a beta of 1.22. The company has a quick ratio of 2.73, a current ratio of 2.92 and a debt-to-equity ratio of 0.33. Air Products & Chemicals has a 1-year low of $134.17 and a 1-year high of $175.17.
Air Products & Chemicals (NYSE:APD) last issued its quarterly earnings results on Friday, January 26th. The basic materials company reported $1.79 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.13. Air Products & Chemicals had a net margin of 33.51% and a return on equity of 14.80%. The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the company earned $1.47 EPS. The firm’s quarterly revenue was up 17.7% on a year-over-year basis. equities analysts expect that Air Products & Chemicals will post 7.32 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, May 14th. Shareholders of record on Monday, April 2nd will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Thursday, March 29th. This is an increase from Air Products & Chemicals’s previous quarterly dividend of $0.95. This represents a $4.40 dividend on an annualized basis and a yield of 2.70%. Air Products & Chemicals’s dividend payout ratio is presently 69.73%.
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Air Products & Chemicals Company Profile
Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, electronics and performance materials, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, argon, and rare gases; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including metals, glass, chemical processing, electronics, energy production and refining, food processing, metallurgical, medical, and general manufacturing.
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