Linde Stock Price, Forecast & Analysis (NYSE:LIN)

Linde trades on the New York Stock Exchange (NYSE) under the ticker symbol "LIN."

Linde announced a dividend on Friday, July 26th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.875 per share on Tuesday, September 17th. The ex-dividend date is Friday, August 30th. View Linde's Dividend History.

Linde PLC (NYSE:LIN) announced its quarterly earnings data on Thursday, November, 6th. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.35. The basic materials company earned $192.30 million during the quarter, compared to the consensus estimate of $192.10 million. Linde had a return on equity of 12.10% and a net margin of 19.45%. The business's revenue was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.07 earnings per share. View Linde's Earnings History.

Linde is scheduled to release their next quarterly earnings announcement on Tuesday, November 12th 2019. View Earnings Estimates for Linde.

18 brokers have issued 12-month target prices for Linde's stock. Their forecasts range from $175.10 to $223.00. On average, they expect Linde's share price to reach $202.92 in the next year. This suggests that the stock has a possible downside of 1.4%. View Analyst Price Targets for Linde.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 2 sell ratings, 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Linde.

Media headlines about LIN stock have trended very negative recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Linde earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Linde.

Linde saw a decrease in short interest in October. As of October 15th, there was short interest totalling 4,950,000 shares, a decrease of 10.0% from the September 15th total of 5,500,000 shares. Based on an average daily volume of 1,640,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.9% of the shares of the company are sold short. View Linde's Current Options Chain.

Some companies that are related to Linde include Air Products & Chemicals (APD), JSR CORP/ADR (JSCPY), Minerals Technologies (MTX), Kronos Worldwide (KRO), Tronox (TROX), Valhi (VHI), Luxfer (LXFR), Venator Materials (VNTR), Hydrogenics (HYGS), NL Industries (NL), LSB Industries (LXU), TOR Minerals International (TORM) and Polydex Pharmaceuticals (POLXF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Linde investors own include Visa (V), Adobe (ADBE), Chevron (CVX), Johnson & Johnson (JNJ), Mcdonald's (MCD), Costco Wholesale (COST), AT&T (T), UnitedHealth Group (UNH), NVIDIA (NVDA) and PepsiCo (PEP).

Linde's stock is owned by a number of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.58%), Parnassus Investments CA (0.60%), California Public Employees Retirement System (0.22%), CIBC Private Wealth Group LLC (0.19%), Diamond Hill Capital Management Inc. (0.17%) and Rhumbline Advisers (0.16%). Company insiders that own Linde stock include Anne K Roby, Bernd Hugo Eulitz, Christian Bruch, Eduardo F Menezes, Matthew J White, Robert L Wood, Stephen F Angel and Thomas Enders. View Institutional Ownership Trends for Linde.

LIN stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, State of Tennessee Treasury Department, Marathon Asset Management LLP, Russell Investments Group Ltd., Boston Trust Walden Corp, River Road Asset Management LLC, AMF Pensionsforsakring AB and Nippon Life Global Investors Americas Inc.. Company insiders that have sold Linde company stock in the last year include Anne K Roby, Bernd Hugo Eulitz, Eduardo F Menezes, Matthew J White, Robert L Wood and Stephen F Angel. View Insider Buying and Selling for Linde.

LIN stock was bought by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, State of New Jersey Common Pension Fund D, Assenagon Asset Management S.A., California Public Employees Retirement System, Artemis Investment Management LLP, State of Alaska Department of Revenue, Janney Capital Management LLC and Rhumbline Advisers. Company insiders that have bought Linde stock in the last two years include Christian Bruch and Thomas Enders. View Insider Buying and Selling for Linde.

Shares of LIN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LIN stock can currently be purchased for approximately $205.76.

Linde has a market capitalization of $112.12 billion and generates $14.90 billion in revenue each year. Linde employs 80,820 workers across the globe.View Additional Information About Linde.

The official website for Linde is http://www.linde.com/.

Linde's mailing address is The Priestley Centre 10 Priestley Road Surrey Research Park, Guildford X0, GU2 7XY. The basic materials company can be reached via phone at 44-14-8324-2200 or via email at [email protected]