NYSE:PX

Praxair (PX) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$8.24
$8.43
50-Day Range
$3.23
$164.50
52-Week Range
$140.00
$169.75
Volume
744,388 shs
Average Volume
713,096 shs
Market Capitalization
$961.80 million
P/E Ratio
N/A
Dividend Yield
1.57%
Price Target
$10.67

Praxair MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
28.5% Upside
$10.67 Price Target
Short Interest
Healthy
6.06% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Praxair in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$1.39 M Sold Last Quarter
Proj. Earnings Growth
14.81%
From $0.81 to $0.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.04 out of 5 stars

Finance Sector

896th out of 2,641 stocks

Investment Advice Industry

49th out of 147 stocks

PX stock logo

About Praxair Stock (NYSE:PX)

Praxair, Inc. produces and distributes industrial gases. It operates through five segments: North America, Europe, South America, Asia, and Surface Technologies. The company offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders to the aircraft, energy, printing, primary metals, petrochemical, textile, and other industries. In addition, the company offers electric arc, plasma and wire spray, and high-velocity oxy-fuel equipment; and distributes hardgoods and welding equipment purchased from independent manufacturers. It serves various industries, such as healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment. Praxair, Inc. was founded in 1907 and is headquartered in Danbury, Connecticut.

PX Stock News Headlines

Q1 2024 P10 Inc Earnings Call
P10 Provides Corporate Governance Updates
P10 Provides Corporate Governance Updates
P10 Reports First Quarter 2024 Earnings Results
Alluvial Capital Sold P10 (PX) in Q1
P10 Names Melodie Craft as General Counsel
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P10 Full Year 2023 Earnings: EPS Misses Expectations
P10, Inc. (NYSE:PX) Q4 2023 Earnings Call Transcript
Q4 2023 P10 Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 3/26 Dividend
3/08/2024
Dividend Payable
3/26/2024
Today
5/13/2024
Ex-Dividend for 6/20 Dividend
5/31/2024
Dividend Payable
6/20/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Industrial Gases
CUSIP
74005P10
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.67
High Stock Price Target
$15.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+28.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-7,130,000.00
Pretax Margin
1.62%

Debt

Sales & Book Value

Annual Sales
$241.73 million
Cash Flow
$1.18 per share
Book Value
$3.66 per share

Miscellaneous

Free Float
87,464,000
Market Cap
$961.80 million
Optionable
Optionable
Beta
0.59
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PX Stock Analysis - Frequently Asked Questions

Should I buy or sell Praxair stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Praxair in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PX shares.
View PX analyst ratings
or view top-rated stocks.

What is Praxair's stock price target for 2024?

6 brokerages have issued twelve-month target prices for Praxair's shares. Their PX share price targets range from $9.00 to $15.00. On average, they predict the company's share price to reach $10.67 in the next year. This suggests a possible upside of 28.5% from the stock's current price.
View analysts price targets for PX
or view top-rated stocks among Wall Street analysts.

When is Praxair's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our PX earnings forecast
.

How were Praxair's earnings last quarter?

Praxair, Inc. (NYSE:PX) released its earnings results on Thursday, February, 29th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The basic materials company had revenue of $63.07 million for the quarter, compared to analyst estimates of $63.67 million. Praxair had a positive trailing twelve-month return on equity of 24.14% and a negative net margin of 1.00%. During the same period in the prior year, the business earned $0.22 EPS.

How often does Praxair pay dividends? What is the dividend yield for Praxair?

Praxair declared a quarterly dividend on Wednesday, May 8th. Investors of record on Friday, May 31st will be paid a dividend of $0.035 per share on Thursday, June 20th. This represents a $0.14 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Friday, May 31st. This is an increase from the stock's previous quarterly dividend of $0.03.
Read our dividend analysis for PX
.

Is Praxair a good dividend stock?

Praxair (NYSE:PX) pays an annual dividend of $0.13 per share and currently has a dividend yield of 1.59%.
Read our dividend analysis for PX.

What ETFs hold Praxair's stock?

ETFs with the largest weight of Praxair (NYSE:PX) stock in their portfolio include Sovereigns Capital Flourish Fund (SOVF), WHITEWOLF Publicly Listed Private Equity ETF (LBO) and Ranger Equity Bear ETF (HDGE) and

How will Praxair's stock buyback program work?

Praxair declared that its Board of Directors has approved a share buyback program on Thursday, February 29th 2024, which allows the company to repurchase $40,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

What other stocks do shareholders of Praxair own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Praxair investors own include Intel (INTC), QUALCOMM (QCOM), Netflix (NFLX), Air Products and Chemicals (APD), Procter & Gamble (PG), Walt Disney (DIS), Starbucks (SBUX), Boeing (BA), NVIDIA (NVDA) and Caterpillar (CAT).

When did Praxair IPO?

Praxair (PX) raised $300 million in an IPO on Thursday, October 21st 2021. The company issued 20,000,000 shares at a price of $14.00-$16.00 per share.

This page (NYSE:PX) was last updated on 5/14/2024 by MarketBeat.com Staff

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