Brokers Issue Forecasts for Air Products and Chemicals, Inc.'s FY2025 Earnings (NYSE:APD)

Air Products and Chemicals, Inc. (NYSE:APD - Free Report) - Investment analysts at Seaport Res Ptn reduced their FY2025 earnings per share estimates for shares of Air Products and Chemicals in a note issued to investors on Wednesday, April 17th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings of $13.38 per share for the year, down from their prior estimate of $13.45. Seaport Res Ptn has a "Neutral" rating on the stock. The consensus estimate for Air Products and Chemicals' current full-year earnings is $12.38 per share.

A number of other equities analysts have also weighed in on APD. BMO Capital Markets reduced their price objective on Air Products and Chemicals from $307.00 to $250.00 and set an "outperform" rating for the company in a research note on Tuesday, February 6th. Wolfe Research began coverage on Air Products and Chemicals in a research note on Friday, March 1st. They issued an "outperform" rating and a $279.00 price target for the company. StockNews.com lowered Air Products and Chemicals from a "hold" rating to a "sell" rating in a research note on Sunday, April 14th. TD Cowen cut their price target on Air Products and Chemicals from $345.00 to $305.00 and set an "outperform" rating for the company in a research note on Friday, February 16th. Finally, UBS Group lowered Air Products and Chemicals from a "buy" rating to a "neutral" rating and cut their price target for the company from $328.00 to $241.00 in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $276.36.

Air Products and Chemicals Stock Performance

Shares of NYSE APD traded down $1.35 during trading on Friday, reaching $231.67. 1,797,165 shares of the company traded hands, compared to its average volume of 1,747,114. The firm's fifty day simple moving average is $235.88 and its 200 day simple moving average is $257.47. The stock has a market cap of $51.50 billion, a P/E ratio of 22.11, a PEG ratio of 2.52 and a beta of 0.81. Air Products and Chemicals has a 12-month low of $212.24 and a 12-month high of $307.71. The company has a current ratio of 1.81, a quick ratio of 1.58 and a debt-to-equity ratio of 0.74.

Air Products and Chemicals (NYSE:APD - Get Free Report) last released its quarterly earnings data on Monday, February 5th. The basic materials company reported $2.82 earnings per share for the quarter, missing analysts' consensus estimates of $3.00 by ($0.18). The company had revenue of $3 billion for the quarter, compared to analysts' expectations of $3.20 billion. Air Products and Chemicals had a net margin of 18.82% and a return on equity of 16.84%. The business's quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.64 EPS.

Air Products and Chemicals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 13th. Stockholders of record on Monday, April 1st will be issued a dividend of $1.77 per share. This is a boost from Air Products and Chemicals's previous quarterly dividend of $1.75. This represents a $7.08 annualized dividend and a dividend yield of 3.06%. The ex-dividend date is Thursday, March 28th. Air Products and Chemicals's payout ratio is currently 67.56%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Garner Asset Management Corp acquired a new position in shares of Air Products and Chemicals during the 4th quarter worth approximately $25,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Air Products and Chemicals during the 4th quarter worth approximately $27,000. Roble Belko & Company Inc acquired a new position in Air Products and Chemicals in the fourth quarter valued at approximately $27,000. Sachetta LLC acquired a new position in Air Products and Chemicals in the fourth quarter valued at approximately $27,000. Finally, Security National Bank acquired a new position in Air Products and Chemicals in the fourth quarter valued at approximately $27,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.