Air Products and Chemicals (APD) Earning Somewhat Favorable Media Coverage, Report Shows
Media headlines about Air Products and Chemicals (NYSE:APD) have trended somewhat positive on Saturday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Air Products and Chemicals earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the basic materials company an impact score of 46.0486342127555 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Air Products and Chemicals, Inc. (NYSE: APD) – Investors are Unsure How to React (Brief Analysis) – Alpha Beta Stock (alphabetastock.com)
- Stock Watch Evaluation – Air Products and Chemicals, Inc., (NYSE: APD) – Stock Watch (stocksnewstimes.com)
- Air Products & Chemicals : Alternet Systems Confirms Lithium Patent Portfolio Exclusive License and Purchase Option Details (4-traders.com)
- Ackman sells Air Products, Nomad Foods positions, makes strong profit (finance.yahoo.com)
A number of research analysts have recently issued reports on APD shares. Argus boosted their price objective on Air Products and Chemicals from $159.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, August 28th. UBS AG boosted their price objective on Air Products and Chemicals from $162.00 to $172.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Susquehanna Bancshares Inc raised Air Products and Chemicals from a “neutral” rating to a “positive” rating and boosted their price objective for the company from $165.00 to $175.00 in a research note on Thursday, September 14th. KeyCorp reissued a “buy” rating and issued a $161.00 price objective on shares of Air Products and Chemicals in a research note on Friday, September 8th. Finally, Credit Suisse Group upped their price target on Air Products and Chemicals from $158.00 to $173.00 and gave the stock an “outperform” rating in a research note on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $164.80.
Air Products and Chemicals (APD) traded up $0.44 during mid-day trading on Friday, hitting $161.58. The stock had a trading volume of 923,328 shares, compared to its average volume of 985,457. The company has a market capitalization of $35,410.00, a price-to-earnings ratio of 25.70, a PEG ratio of 1.91 and a beta of 1.24. 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 and Chemicals has a 52 week low of $133.63 and a 52 week high of $163.56.
Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, October 26th. The basic materials company reported $1.76 earnings per share (EPS) for the quarter, beating the 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 and Chemicals had a return on equity of 15.25% and a net margin of 36.65%. Air Products and Chemicals’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.01 earnings per share. equities research analysts anticipate that Air Products and Chemicals will post 7 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Stockholders of record on Tuesday, January 2nd will be issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Friday, December 29th. Air Products and Chemicals’s dividend payout ratio is presently 73.64%.
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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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