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NYSE:LIN

Linde (LIN) Stock Price, News & Analysis

$449.21
+0.39 (+0.09%)
(As of 03/1/2024 ET)
Today's Range
$447.00
$450.97
50-Day Range
$400.63
$451.20
52-Week Range
$324.11
$453.11
Volume
1.64 million shs
Average Volume
1.62 million shs
Market Capitalization
$217.82 billion
P/E Ratio
35.65
Dividend Yield
1.24%
Price Target
$434.60

Linde MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
3.3% Downside
$434.60 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of Linde in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$124,383 Sold Last Quarter
Proj. Earnings Growth
10.87%
From $15.55 to $17.24 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.

3.67 out of 5 stars

Basic Materials Sector

66th out of 174 stocks

Industrial Inorganic Chemicals Industry

3rd out of 9 stocks


LIN stock logo

About Linde Stock (NYSE:LIN)

Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It 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. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants. It serves a range of industries, including healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics. The company was founded in 1879 and is based in Woking, the United Kingdom.

LIN Stock Price History

LIN Stock News Headlines

Federal judge affirms MyPillow's Mike Lindell must pay $5M in election data dispute
A federal judge has affirmed a $5 million arbitration award against MyPillow chief executive Mike Lindell
Bezos and Gates Invest in Search for Tech's Best-Kept Secret
Billionaires who've made their fortunes in tech, are quietly investing in essential yet rare elements known as "The Seeds of Technology". Learn more about this massive rare earth treasure hunt and the very elements making emerging technologies possible.
Let's Take Another Look at Linde's Charts
Green Giants: The 3 Must-Buy Green Energy Stocks for 2024
EQS-News: Linde Increases Dividend 9%
Linde raises dividend by 9% to $1.39
Bezos and Gates Invest in Search for Tech's Best-Kept Secret
Billionaires who've made their fortunes in tech, are quietly investing in essential yet rare elements known as "The Seeds of Technology". Learn more about this massive rare earth treasure hunt and the very elements making emerging technologies possible.
7 Stocks That Should Be on Every Investor's Must-Buy List
The Least Risky Hydrogen Stocks? 3 Names to Consider
See More Headlines
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Company Calendar

Ex-Dividend for 12/18 Dividend
12/01/2023
Dividend Payable
12/18/2023
Last Earnings
2/06/2024
Today
3/01/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
N/A
Employees
65,010
Year Founded
1879

Price Target and Rating

Average Stock Price Target
$434.60
High Stock Price Target
$480.00
Low Stock Price Target
$375.00
Potential Upside/Downside
-3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
14 Analysts

Profitability

Net Income
$6.20 billion
Pretax Margin
24.31%

Debt

Sales & Book Value

Annual Sales
$32.85 billion
Cash Flow
$22.21 per share
Book Value
$84.72 per share

Miscellaneous

Free Float
481,497,000
Market Cap
$218.11 billion
Optionable
Not Optionable
Beta
0.92

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Should I Buy Linde Stock? LIN Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Linde was last updated on Thursday, February 29, 2024 at 3:25 AM.

Pros

Here are some ways that investors could benefit from investing in Linde plc:

  • Linde plc operates as an industrial gas company with a global presence, providing services to various industries such as healthcare, manufacturing, metals and mining, food and beverage, and electronics.
  • Recent developments in the company's operations indicate a strong market position and potential for growth.
  • The company's long history since its founding in 1879 demonstrates stability and experience in the industry.
  • Linde plc's diverse portfolio of services and products offers investors exposure to multiple sectors, reducing risk.
  • Current stock price of Linde plc is favorable for potential investors, providing an opportunity for value appreciation.

Cons

Investors should be bearish about investing in Linde plc for these reasons:

  • Lindian Resources Limited, a company with a similar name, is engaged in mineral exploration in different regions, which may cause confusion among investors.
  • While Linde plc has a strong market presence, competition in the industrial gas sector is intense, which could impact the company's growth potential.
  • Fluctuations in global economic conditions and regulatory changes could affect Linde plc's operations and financial performance.
  • Investing in industrial gas companies like Linde plc may be subject to market volatility and cyclical trends in specific industries.
  • Despite the company's long history, investors should consider the potential risks associated with investing in a mature industry.














LIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Linde stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LIN shares.
View LIN analyst ratings
or view top-rated stocks.

What is Linde's stock price target for 2024?

14 analysts have issued 12 month target prices for Linde's stock. Their LIN share price targets range from $375.00 to $480.00. On average, they anticipate the company's stock price to reach $434.60 in the next twelve months. This suggests that the stock has a possible downside of 3.3%.
View analysts price targets for LIN
or view top-rated stocks among Wall Street analysts.

How have LIN shares performed in 2024?

Linde's stock was trading at $410.71 at the beginning of the year. Since then, LIN shares have increased by 9.4% and is now trading at $449.21.
View the best growth stocks for 2024 here
.

When is Linde's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our LIN earnings forecast
.

How were Linde's earnings last quarter?

Linde plc (NYSE:LIN) announced its quarterly earnings results on Tuesday, February, 6th. The basic materials company reported $3.59 earnings per share for the quarter, topping analysts' consensus estimates of $3.49 by $0.10. The basic materials company earned $8.30 billion during the quarter, compared to analyst estimates of $8.04 billion. Linde had a net margin of 18.87% and a trailing twelve-month return on equity of 17.06%. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.16 EPS.
Read the conference call transcript
.

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

Linde declared a quarterly dividend on Tuesday, February 27th. Investors of record on Thursday, March 14th will be given a dividend of $1.39 per share on Thursday, March 28th. This represents a $5.56 annualized dividend and a yield of 1.24%. The ex-dividend date is Wednesday, March 13th. This is an increase from the stock's previous quarterly dividend of $0.88.
Read our dividend analysis for LIN
.

Is Linde a good dividend stock?

Linde (NYSE:LIN) pays an annual dividend of $5.56 per share and currently has a dividend yield of 1.15%. The dividend payout ratio is 44.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LIN will have a dividend payout ratio of 32.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LIN.

What guidance has Linde issued on next quarter's earnings?

Linde issued an update on its FY24 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of $15.25-15.65 for the period, compared to the consensus earnings per share estimate of $15.47.

What is Vincent L. Sadusky's approval rating as Linde's CEO?

14 employees have rated Linde Chief Executive Officer Vincent L. Sadusky on Glassdoor.com. Vincent L. Sadusky has an approval rating of 59% among the company's employees. This puts Vincent L. Sadusky in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Linde own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Linde investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Walt Disney (DIS), Intel (INTC), AT&T (T), JPMorgan Chase & Co. (JPM), Walmart (WMT), Cisco Systems (CSCO), Pfizer (PFE) and QUALCOMM (QCOM).

Who are Linde's major shareholders?

Linde's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.13%), Capital World Investors (2.48%), Massachusetts Financial Services Co. MA (2.37%), Price T Rowe Associates Inc. MD (2.23%), Capital International Investors (2.22%) and Capital Research Global Investors (2.14%). Insiders that own company stock include Andreas Opfermann, David P Strauss, Guillermo Bichara, John Panikar, Oliver Pfann, Sanjiv Lamba, Sean Durbin and Stephen F Angel.
View institutional ownership trends
.

How do I buy shares of Linde?

Shares of LIN 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.

This page (NYSE:LIN) was last updated on 3/1/2024 by MarketBeat.com Staff