Somewhat Positive Press Coverage Somewhat Unlikely to Impact Air Products and Chemicals (NYSE:APD) Share Price
Media coverage about Air Products and Chemicals (NYSE:APD) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Air Products and Chemicals earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 46.8097492298773 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Air Products and Chemicals, Inc. (APD) 1.77% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- Air Products and Chemicals Strengthens Its Gas Supply (finance.yahoo.com)
- Air Products & Chemicals, Inc. breached its 50 day moving average in a Bearish Manner : APD-US : August 14, 2017 (finance.yahoo.com)
- Air Products and Chemicals, Inc. (NYSE:APD) Shares Bought by Cpcm LLC (expressnewsline.com)
- IHS Markit Score categories are mixed for Air Products and Chemicals Inc shares. While there was an improvement in demand for ETFs holding this stock, its creditworthiness fell. (finance.yahoo.com)
Air Products and Chemicals (APD) opened at 146.64 on Tuesday. The firm has a market cap of $31.96 billion, a P/E ratio of 11.02 and a beta of 1.25. Air Products and Chemicals has a 1-year low of $129.00 and a 1-year high of $150.45. The stock’s 50 day moving average is $144.86 and its 200-day moving average is $141.80.
Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.06. The firm had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.06 billion. Air Products and Chemicals had a return on equity of 17.23% and a net margin of 34.63%. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.92 EPS. Analysts forecast that Air Products and Chemicals will post $6.23 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 13th. Investors of record on Tuesday, October 10th will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 2.59%. The ex-dividend date is Friday, October 6th. Air Products and Chemicals’s dividend payout ratio is currently 28.51%.
Several brokerages recently weighed in on APD. Barclays PLC reissued a “buy” rating and issued a $170.00 target price on shares of Air Products and Chemicals in a research note on Friday, August 4th. Jefferies Group LLC reissued a “hold” rating and issued a $155.00 target price on shares of Air Products and Chemicals in a research note on Tuesday, May 2nd. Vertical Research raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating and set a $146.00 target price for the company in a research note on Monday, August 7th. BidaskClub downgraded shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Finally, Zacks Investment Research downgraded shares of Air Products and Chemicals from a “buy” rating to a “hold” rating in a research note on Monday, May 1st. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. Air Products and Chemicals has a consensus rating of “Hold” and an average price target of $152.77.
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About Air Products and Chemicals
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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