Air Products and Chemicals (APD) Stock Price, News & Analysis

$234.37
+2.73 (+1.18%)
(As of 04/22/2024 ET)
Today's Range
$229.19
$234.58
50-Day Range
$216.92
$247.96
52-Week Range
$212.24
$307.71
Volume
1.59 million shs
Average Volume
1.25 million shs
Market Capitalization
$52.10 billion
P/E Ratio
22.36
Dividend Yield
3.02%
Price Target
$276.36

Air Products and Chemicals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
17.9% Upside
$276.36 Price Target
Short Interest
Healthy
1.05% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.55
Upright™ Environmental Score
News Sentiment
0.41mentions of Air Products and Chemicals in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.89%
From $12.38 to $13.48 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.

4.75 out of 5 stars

Basic Materials Sector

4th out of 173 stocks

Industrial Inorganic Chemicals Industry

1st out of 9 stocks

APD stock logo

About Air Products and Chemicals Stock (NYSE:APD)

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. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.

APD Stock Price History

APD Stock News Headlines

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Company Calendar

Ex-Dividend for 2/12 Dividend
12/29/2023
Last Earnings
2/05/2024
Dividend Payable
2/12/2024
Ex-Dividend for 5/13 Dividend
3/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/30/2024
Dividend Payable
5/13/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
Industrial Gases
CUSIP
00915810
CIK
2969
Employees
23,000
Year Founded
1940

Price Target and Rating

Average Stock Price Target
$276.36
High Stock Price Target
$325.00
Low Stock Price Target
$240.00
Potential Upside/Downside
+17.9%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
15 Analysts

Profitability

Net Income
$2.30 billion
Pretax Margin
23.50%

Debt

Sales & Book Value

Annual Sales
$12.60 billion
Cash Flow
$17.86 per share
Book Value
$70.50 per share

Miscellaneous

Free Float
221,390,000
Market Cap
$52.10 billion
Optionable
Optionable
Beta
0.81

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Key Executives

Should I Buy Air Products and Chemicals Stock? APD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Air Products and Chemicals, Inc.:

  • Air Products and Chemicals, Inc. has consistently increased its dividend payouts, providing investors with a reliable income stream.
  • The company's strong return on equity of 16.84% indicates efficient use of shareholder funds to generate profits.
  • Analysts have issued buy ratings for the stock, suggesting positive growth prospects and potential for capital appreciation.
  • Air Products and Chemicals, Inc. operates in various regions globally, diversifying its revenue sources and reducing geographical risk.
  • Despite a recent decrease in revenue, the company's earnings per share (EPS) of $2.82 for the quarter demonstrate profitability and resilience.

Cons

Investors should be bearish about investing in Air Products and Chemicals, Inc. for these reasons:

  • Recent revenue decline of 5.6% compared to the same quarter last year may indicate challenges in the company's growth trajectory.
  • The stock's average rating of "Hold" and a lower price target of $280.29 suggest uncertainty and limited upside potential according to market analysts.
  • Two analysts have rated the stock as sell, signaling caution among some experts regarding the company's performance.
  • The dividend payout ratio of 67.56% raises concerns about the sustainability of the increased dividend payments.
  • Market volatility and economic uncertainties could impact the demand for industrial gases and chemicals, affecting Air Products and Chemicals, Inc.'s financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Air Products and Chemicals pros and cons to contact@marketbeat.com.

APD Stock Analysis - Frequently Asked Questions

Should I buy or sell Air Products and Chemicals stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Products and Chemicals in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" APD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APD, but not buy additional shares or sell existing shares.
View APD analyst ratings
or view top-rated stocks.

What is Air Products and Chemicals' stock price target for 2024?

15 Wall Street research analysts have issued twelve-month price targets for Air Products and Chemicals' shares. Their APD share price targets range from $240.00 to $325.00. On average, they expect the company's share price to reach $276.36 in the next year. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for APD
or view top-rated stocks among Wall Street analysts.

How have APD shares performed in 2024?

Air Products and Chemicals' stock was trading at $273.80 on January 1st, 2024. Since then, APD shares have decreased by 14.4% and is now trading at $234.37.
View the best growth stocks for 2024 here
.

Are investors shorting Air Products and Chemicals?

Air Products and Chemicals saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 2,300,000 shares, a drop of 17.6% from the March 15th total of 2,790,000 shares. Based on an average daily trading volume, of 1,790,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.1% of the shares of the stock are short sold.
View Air Products and Chemicals' Short Interest
.

When is Air Products and Chemicals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our APD earnings forecast
.

How can I listen to Air Products and Chemicals' earnings call?

Air Products and Chemicals will be holding an earnings conference call on Tuesday, April 30th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Air Products and Chemicals' earnings last quarter?

Air Products and Chemicals, Inc. (NYSE:APD) posted its earnings results on Monday, February, 5th. The basic materials company reported $2.82 EPS for the quarter, missing the consensus estimate of $3.00 by $0.18. The basic materials company earned $3 billion during the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a net margin of 18.82% and a trailing twelve-month return on equity of 16.84%. The firm's quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.64 earnings per share.
Read the conference call transcript
.

How often does Air Products and Chemicals pay dividends? What is the dividend yield for Air Products and Chemicals?

Air Products and Chemicals announced a quarterly dividend on Thursday, January 25th. Investors of record on Monday, April 1st will be paid a dividend of $1.77 per share on Monday, May 13th. This represents a $7.08 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Thursday, March 28th. This is an increase from the stock's previous quarterly dividend of $1.75.
Read our dividend analysis for APD
.

Is Air Products and Chemicals a good dividend stock?

Air Products and Chemicals (NYSE:APD) pays an annual dividend of $7.08 per share and currently has a dividend yield of 3.06%. The company has been increasing its dividend for 49 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 67.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APD will have a dividend payout ratio of 52.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APD.

What guidance has Air Products and Chemicals issued on next quarter's earnings?

Air Products and Chemicals updated its second quarter 2024 earnings guidance on Monday, February, 5th. The company provided EPS guidance of 2.600-2.750 for the period, compared to the consensus earnings per share estimate of 3.160. The company issued revenue guidance of -.

What is Seifi Ghasemi's approval rating as Air Products and Chemicals' CEO?

226 employees have rated Air Products and Chemicals Chief Executive Officer Seifi Ghasemi on Glassdoor.com. Seifi Ghasemi has an approval rating of 79% among the company's employees.

What other stocks do shareholders of Air Products and Chemicals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Air Products and Chemicals investors own include AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Exxon Mobil (XOM), McDonald's (MCD), PepsiCo (PEP), Home Depot (HD), JPMorgan Chase & Co. (JPM), Procter & Gamble (PG) and Intel (INTC).

Who are Air Products and Chemicals' major shareholders?

Air Products and Chemicals' stock is owned by a number of retail and institutional investors. Top institutional investors include Raymond James & Associates (0.94%), Raymond James Financial Services Advisors Inc. (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Scharf Investments LLC (0.16%), Wealth Enhancement Advisory Services LLC (0.10%) and Perpetual Ltd (0.07%). Insiders that own company stock include Edward L Monser, Melissa N Schaeffer, Sean D Major, Seifi Ghasemi and Wayne Thomas Smith.
View institutional ownership trends
.

How do I buy shares of Air Products and Chemicals?

Shares of APD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Air Products and Chemicals have any subsidiaries?
The following companies are subsidiares of Air Products and Chemicals: 7001 Hamilton Properties LLC, ACP Europe SA, ACP Zolder Invest NV, AJWAA Emirates Gases Company LLC, AJWAA Gases LLC, AP Services South America SpA, APCI (U.K.) Inc., Abdulla Hashim Gases & Equipment Co. Limited, Air Products (Anshan) Gases Co. Ltd., Air Products (BR) Limited, Air Products (Cangzhou) Co. Ltd., Air Products (Changsha) Co. Ltd., Air Products (Chongqing) Chem-Materials Co. Ltd., Air Products (Dongguan) Gases Co. Ltd., Air Products (Guangzhou) Electronics Gases Co. Ltd., Air Products (Hangjin Qi) Co. Ltd., Air Products (Hefei) Electronics Gases Co. Ltd., Air Products (Hong Kong) Co. Ltd., Air Products (Huaibei) Gases Co. Ltd., Air Products (Inner Mongolia) Hydrogen Energy Technology Co. Ltd., Air Products (Jiangxi) Co. Ltd., Air Products (Jincheng) Co. Ltd., Air Products (Jinjiang) Electronics Gases Co. Ltd., Air Products (Kunshan) Gases Co. Ltd., Air Products (Linfen) Co. Ltd., Air Products (Middle East) FZE, Air Products (Nanjing) Electronics Gases Co. Ltd., Air Products (Ningbo) Hi-Tech Gases Co. Ltd., Air Products (Qindao) Gases Co. Ltd., Air Products (Rozenburg) B. V., Air Products (Shandong) Engineering Co. Ltd Nanjing Branch, Air Products (Shandong) Engineering Co. Ltd., Air Products (Shanxi) Co. Ltd., Air Products (Shenyang) Gases Co. Ltd., Air Products (Tianjin) Co. Ltd., Air Products (Xi'an) Gases Co. Ltd, Air Products (Xia'men) Electronics Gases Co. Ltd., Air Products (Zhongshan) Gases Co. Ltd, Air Products (Zhumadian) Gases Co. Ltd., Air Products A/S, Air Products Advanced Materials LLC, Air Products Ammonia Distribution AD GmbH, Air Products Ammonia Distribution LLC, Air Products Ammonia Distribution Ltd., Air Products Ammonia Holdings LLC, Air Products Asia Inc., Air Products Bahrain W.L.L, Air Products Blue Energy, Air Products Brasil Ltda., Air Products Canada Ltd./Prodair Canada Ltee, Air Products Caribbean Holdings Inc., Air Products Central Asia Group LLC, Air Products China Inc., Air Products Debang (Lianyungang) Co. Ltd., Air Products Ecuador S.A., Air Products Emirates Gases LLC, Air Products Equipment Limited, Air Products Gas O.O.O., Air Products Gases Holdings B. V., Air Products Gases S.A.E., Air Products Gesellschaft mbH, Air Products GmbH, Air Products Group Limited, Air Products Gulf Gas LLC, Air Products Helium Inc., Air Products Helium Inc. Qatar Branch, Air Products Holdings B. V., Air Products Holdings GmbH, Air Products Huadong (Longkou) Co. Ltd., Air Products Hydrogen Company Inc., Air Products Hydrogen Energy Technology (Zibo) Co. Ltd., Air Products Iberica S. L., Air Products Industrial Gas LLC, Air Products International LLC, Air Products Investments B. V., Air Products Investments Holdings LLC, Air Products Investments LLC, Air Products Ireland Limited, Air Products Israel Ltd., Air Products Italia S. r. I., Air Products Japan Inc., Air Products Japan K. K., Air Products Korea Inc., Air Products LLC, Air Products Leasing B. V., Air Products Llanwern Limited, Air Products Lu'An (Changzhi) Co. Ltd., Air Products Maghreb S. A.R. L., Air Products Majan LLC, Air Products Malaysia Sdn Bhd, Air Products Management BV/SRL, Air Products Manufacturing Corporation, Air Products Manufacturing LLC, Air Products Middle East Industrial Gases Company Limited, Air Products Nederland B. V., Air Products Netherlands Gases B. V., Air Products O. O.O., Air Products PLC, Air Products PLC Branch, Air Products Peru S. A., Air Products Qudra (GICIS), Air Products Renewable Energy Limited, Air Products S.A., Air Products SAS, Air Products San Fu Co. Ltd., Air Products Saudi Investment Company, Air Products Services Europe S. A., Air Products Shared Services Sdn. Bhd, Air Products Singapore Industrial Gases Pte. Ltd., Air Products SinoHytec (Beijing) Hydrogen Energy Technology, Air Products Slovakia s. r. o., Air Products South Africa (Proprietary) Limited, Air Products Sp. Z o.o., Air Products Specialized Process Equipment SDN, Air Products Switzerland Sårl, Air Products Taiwan Holdings Co. Ltd., Air Products Ukraina LLC, Air Products West Coast Hydrogen LLC, Air Products Yanbu Limited, Air Products and Chemicals (Anhui) Co. Ltd., Air Products and Chemicals (Banan) Gases Co. Ltd., Air Products and Chemicals (Beijing) Distribution Co. Ltd., Air Products and Chemicals (Binzhou) Co. Ltd., Air Products and Chemicals (Chengdu) Co. Ltd., Air Products and Chemicals (China) Investment Co. Ltd., Air Products and Chemicals (Chongqing) Co. Ltd., Air Products and Chemicals (Dalian) Co. Ltd., Air Products and Chemicals (Guangzhou) Co. Ltd., Air Products and Chemicals (Guiyang) Co. Ltd., Air Products and Chemicals (Hefei) Co. Ltd., Air Products and Chemicals (Hohhot) Co. Ltd., Air Products and Chemicals (Jiyuan) Onsite Gases Co. Ltd., Air Products and Chemicals (Lianyungang) Gases Co. Ltd., Air Products and Chemicals (Nanjing) Co. Ltd., Air Products and Chemicals (Nanjing) Gases Co. Ltd., Air Products and Chemicals (Pengzhou) Co. Ltd., Air Products and Chemicals (Putian) Co. Ltd., Air Products and Chemicals (Qingdao) Co. Ltd., Air Products and Chemicals (Shaanxi Pucheng) Co. Ltd., Air Products and Chemicals (Shaanxi) Co. Ltd., Air Products and Chemicals (Shanghai) Co. Ltd., Air Products and Chemicals (Shanghai) Electronics Gases Co. Ltd., Air Products and Chemicals (Shanghai) Gases Co. Ltd., Air Products and Chemicals (Shanghai) Gases Production Co. Ltd., Air Products and Chemicals (Shanghai) Gasification Technology Co. Ltd., Air Products and Chemicals (Shanghai) Hydrogen Energy Technology Co. Ltd., Air Products and Chemicals (Shanghai) On-Site Gases Co. Ltd., Air Products and Chemicals (Shanghai) Systems Co. Ltd., Air Products and Chemicals (Shangluo) Co. Ltd., Air Products and Chemicals (Shenzhen) Co. Ltd., Air Products and Chemicals (Shenzhen) Gases Co. Ltd., Air Products and Chemicals (Tangshan) Co. Ltd., Air Products and Chemicals (Tianjin) Co. Ltd., Air Products and Chemicals (Tongxiang) Co. Ltd., Air Products and Chemicals (Weifang) Gases Co. Ltd., Air Products and Chemicals (WuXi) Co. Ltd., Air Products and Chemicals (WuXi) Gases Co. Ltd., Air Products and Chemicals (Xi'an) Co. Ltd., Air Products and Chemicals (Xingtai) Co. Ltd., Air Products and Chemicals (Xinxiang) Co. Ltd., Air Products and Chemicals (Xuzhou) Gases Co. Ltd., Air Products and Chemicals (Yichun) Co. Ltd., Air Products and Chemicals (Yulin) Co. Ltd., Air Products and Chemicals (Zhangjiagang) Co. Ltd., Air Products and Chemicals (Zhejiang) Co. Ltd., Air Products and Chemicals (Zhuhai) Co. Ltd., Air Products and Chemicals (Zibo) Co. Ltd., Air Products and Chemicals Inc., Air Products and Chemicals Inc. of Utah, Air Products and Chemicals Tech Development (Beijing) Co. Ltd., Air Products and Chemicals de Mexico S. A. de C. V., Air Products spol s.r.o., Asia Industrial Gas Company Ltd., Bangkok Cogeneration Company Limited, Bangkok Industrial Gas Co. Ltd., Beer Gas Cymru Cyf, Beijing AP BAIF Gas Industry Co. Ltd., Beijing Shuimu Tongda Transportation Co. Ltd., Blue Ocean Industrial Gases Co. Ltd., Carbolim B.V., Carburos Via Augusta Logistics S. L., Caribbean Industrial Gases Unlimited, Centro Técnico Indura Limitada, Chengdu Air & Gas Products Ltd., Chengzhi Air Products Hydrogen Energy Technology Co. Ltd., China Shenhua Coal to Liquid and Chemical Co., Consolidacion Comercial Infra S. A. de C. V., CryoService, CryoService Limited, Dixons of Westerhope Limited, DuPont Air Products NanoMaterials, EPCO Carbon Dioxide Products, EPCO Carbon Dioxide Products Inc., East Coast Nitrogen Company LLC, East Coast Oxygen Co., Far Eastern Industrial Gases Co. Ltd., Gaolu Air Products and Chemicals (Shanghai) Energy Technology Co. Ltd., Gardner Cryogenics, Gas Direct Limited, Gas Supply Services Ltd., Gas Technologies Ltd., Gases Industriales de Colombia S.A. – Cryogas, Gases Integrated Company Limited (GIC), Gasin II Unipessoal LDA, Gastel Limited, Gazsur S. de R. L. de C. V., Goar Allison & Associates, Green BioFuel s.r.o., Harvest Energy Technologies, Harvest Energy Technology, Helap SAS, INOXAir Products Pvt. Ltd., Indura, Indura Argentina S.A., Indura Holding LLC, Indura Holdings Colombia LLC, Indura Inversiones Limitada, Indura S. A., Indura Sociedad Comercial Limitada, Inner Mongolia Jiutai New Materials Technology Co. Ltd., Inversiones Air Products Holdings Limitada, Jazan Gas Projects Company, Jazan Integrated Gasification and Power Company (JIGPC), Jubail Waves for Gases Company, KRIG Holdings B. V., KRYVYI RIH Industrial Gas, Korea Industrial Gases Ltd., Kulim Industrial Gases Sdn Bhd, Lida SAS, M&M Gases Limited, Markaziy Osiyo Sanoat Gaz LLC, Matgas 2000 A.I.E., NEOM Green Hydrogen Company, NMAP Services Unlimited, Napro S.A., Olin DNT Limited Partnership, Oxigeno Medicinal Domiciliario Limitada, Oxygen & Argon Works, Oxygen & Argon Works Ltd., Oxygen Center Ltd., Oxygen Warehouse Trade (1980) Ltd., PQ Ammonia, PT Air Products East Kalimantan, PT Air Products Indonesia, PT Air Products Indonesia Services, Permea China Ltd., Permea Inc., Procal, Prodair Air Products India Private Limited, Prodair Corporation, Prodair Escravos Limited, Prodair S. A. S., Prodair et Cie S.C. S., ROVI Cosmetics International, S.I.Q. Beteiligungs, SAGA SAS, SCWC Corp., STP & DIN Chemicals Sp. Z.o.o., STS Science Technologies and Services Ltd., Sapio Produzione Idrogeno Ossigeno S. r. l., Servicios Indura Limitada, Shanxi Lu'An Air Products (Hydrogen Energy) Co. Ltd., Sociedad Espanola de Carburos Metalicos S. A., Soprogaz SNC, Stravinsky Investments LLC, Tanasio Industrial Gases Cyf, The Former SR Manufacturers Inc., Union Mobiliere Industrielle S. A.R.L., Vitalox Industrial S.L.U., WuXi Hi-Tech Gas Co. Ltd., Yangnon Industrial Gas Trading Company Limited, Yangon Industrial Gas (Thilawa) Company Limited, Zhangjiakou HyPower New Energy Technology Co. Ltd., Zhangjiakou Jiaotou Hydrogen New Energy Technology Co. Ltd., and Zibo Chuangcheng Design.
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This page (NYSE:APD) was last updated on 4/23/2024 by MarketBeat.com Staff

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