Air Products and Chemicals, Inc (NYSE:APD):
Air Products to Broadcast Fiscal Fourth Quarter Earnings Teleconference on October 27.
In the market the company is trading up since yesterday’s close of $148.35.
Air Products and Chemicals, Inc also announced a dividend that will be paid on Monday the 14th of November 2016. The dividend will be $0.860 per share for the quarter or $3.44 on an annualized basis. The dividend yield will be $2.33. The ex-dividend date will be on Wednesday the 29th of June 2016.
It is trading at $148.79 just below the 50 day moving average of $151.95 and slightly over the 200 day moving average of $146.23. The 50 day moving average was down $-3.18 and the 200 day average went up by +1.7411%.
The P/E ratio is currently 55.6592 and the market cap of the company is 32.22B. In the latest earnings report the EPS was $2.67 and is estimated to be $7.51 for the current year with 216,549,000 shares outstanding. Next quarter’s EPS is forecasted to be $1.98 and the next full year EPS is anticipated to be $8.18.
A few Wall Street investment firms have provided guidance on Air Products and Chemicals, Inc. Equity analyst JP Morgan raised the price target and upgraded the stock on August 12 changing the price objective from $126.00 to $160.00 and setting the rating at “Overweight” which had previously been “Neutral”. On August 12 the stock rating was upgraded to “Overweight” from “Neutral” with a current price target of $160.00 by JP Morgan.
July 29 investment analysts at Citigroup made no change to the stock rating of “” and lowered the price target from $157.00 to $156.00. On July 15 Citigroup maintained a company rating of “Neutral” and raised the price expectation to $157.00 from $155.00.
On July 11 the company was upgraded from “” to “Buy” in an announcement from Seaport Global. On April 18 Citigroup kept the stock rating at “Neutral” but raised the price expectation from $139.00 to $155.00.