NYSE:LIN

Linde Stock Forecast, Price & News

$257.43

+4.09 (+1.61 %)

(As of 11/27/2020 12:00 AM ET)

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Today's Range

$257.20

Now: $257.43▼

$259.13

50-Day Range

$216.91

MA: $241.30▼

$262.04

52-Week Range

$146.71

Now: $257.43▼

$269.78

Volume1.08 million shs

Average Volume2.15 million shs

Market Capitalization$135.11 billion

P/E Ratio61.15

Dividend Yield1.52%

Beta0.73

Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers oxygen, nitrogen, argon, rare gases, carbon monoxide, carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also designs and constructs turnkey process plants, such as olefin, natural gas, air separation, and hydrogen and synthesis gas plants. The company serves healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment industries. Linde plc was founded in 1879 and is based in Guildford, the United Kingdom.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
Linde has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 19 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $248.25, Linde has a forecasted downside of 3.6% from its current price of $257.43.
Amount of Analyst Coverage
Linde has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Linde has received 271 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Linde has received 264 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Linde has received 50.65% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Linde and other stocks. Vote “Outperform” if you believe LIN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LIN will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Yield
Linde has a dividend yield of 1.52%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Linde has been increasing its dividend for 28 years.
Dividend Coverage
The dividend payout ratio of Linde is 52.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Linde will have a dividend payout ratio of 43.06% next year. This indicates that Linde will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Linde insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,842,079.00 in company stock.
Percentage Held by Insiders
Only 0.70% of the stock of Linde is held by insiders.
Percentage Held by Institutions
73.90% of the stock of Linde is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Linde are expected to grow by 10.64% in the coming year, from $8.08 to $8.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Linde is 61.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Linde is 61.15, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.07.
Price to Earnings Growth Ratio
Linde has a PEG Ratio of 2.74. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Linde has a P/B Ratio of 2.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.23 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Industrial inorganic chemicals

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:LIN

Previous Symbol

CUSIPN/A

CIK1575571

Webwww.linde.com

Phone44-14-8324-2200

Employees79,886

Debt

Debt-to-Equity Ratio0.23

Current Ratio0.80

Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio61.15

Forward P/E Ratio31.86

P/E Growth2.74

Sales & Book Value

Annual Sales$28.23 billion

Price / Sales4.79

Cash Flow$17.45 per share

Price / Cash Flow14.75

Book Value$94.55 per share

Price / Book2.72

Profitability

EPS (Most Recent Fiscal Year)$7.34

Net Income$2.29 billion

Net Margins8.37%

Return on Equity8.27%

Return on Assets4.79%

Miscellaneous

Outstanding Shares524,857,000

Market Cap$135.11 billion

Next Earnings Date2/11/2021 (Estimated)

OptionableNot Optionable

$257.43

+4.09 (+1.61 %)

(As of 11/27/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Linde (NYSE:LIN) Frequently Asked Questions

How has Linde's stock price been impacted by Coronavirus (COVID-19)?

Linde's stock was trading at $173.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LIN stock has increased by 48.0% and is now trading at $257.43.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Linde?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 4 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Linde.

What stocks does MarketBeat like better than Linde?

Wall Street analysts have given Linde a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Linde wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Linde's next earnings date?

Linde is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Linde.

How were Linde's earnings last quarter?

Linde plc (NYSE:LIN) released its quarterly earnings results on Thursday, November, 5th. The basic materials company reported $2.15 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.97 by $0.18. Linde had a return on equity of 8.27% and a net margin of 8.37%.
View Linde's earnings history.

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

Linde announced a quarterly dividend on Monday, October 26th. Shareholders of record on Thursday, December 3rd will be given a dividend of $0.963 per share on Thursday, December 17th. This represents a $3.85 annualized dividend and a yield of 1.50%. The ex-dividend date is Wednesday, December 2nd.
View Linde's dividend history.

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

Linde updated its FY 2020 Pre-Market earnings guidance on Thursday, November, 5th. The company provided EPS guidance of 8.05-8.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.79.

What price target have analysts set for LIN?

23 equities research analysts have issued 1 year price targets for Linde's stock. Their forecasts range from $185.00 to $300.00. On average, they expect Linde's stock price to reach $248.25 in the next year. This suggests that the stock has a possible downside of 3.6%.
View analysts' price targets for Linde.

Who are some of Linde's key competitors?

Some companies that are related to Linde include Air Products and Chemicals (APD), JSR (JSCPY), Minerals Technologies (MTX), Tronox (TROX), Kronos Worldwide (KRO), Valhi (VHI), Luxfer (LXFR), Venator Materials (VNTR), NL Industries (NL), LSB Industries (LXU), Polydex Pharmaceuticals (POLXF), TOR Minerals International (TORM), Beard (BRCOQ), China Sun Group High-Tech (CSGH) and The General Chemical Group (GNMP).
View all competitors.

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), The 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 key executives?

Linde's management team includes the following people:

Mr. Stephen F. Angel, CEO & Director (Age 64, Pay $5.61M)
Mr. Matthew J. White, Exec. VP & CFO (Age 48, Pay $2.05M)
Mr. Eduardo F. Menezes, Exec. VP of EMEA (Age 57, Pay $2.52M)
Mr. Sanjiv Lamba, Exec. VP of APAC (Age 56, Pay $2.19M)
Ms. Kelcey E. Hoyt, Chief Accounting Officer (Age 50)
Mr. Juan Pelaez, Head of Investor Relations
Mr. Guillermo Bichara, Gen. Counsel (Age 45)
Dr. Andreas Opfermann, Exec. VP of Americas
Mr. Juergen Nowicki, Exec. VP & CEO of Linde Engineering (Age 56)

What is Linde's stock symbol?

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

Who are Linde's major shareholders?

Linde's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.80%), State Street Corp (3.99%), Massachusetts Financial Services Co. MA (2.55%), Nuveen Asset Management LLC (0.94%), Wells Fargo & Company MN (0.89%) and DekaBank Deutsche Girozentrale (0.87%). Company insiders that own Linde stock include Anne K Roby, Bernd Hugo Eulitz, Christian Bruch, Eduardo F Menezes, Franz Fehrenbach, Juergen Nowicki, Matthew J White, Robert L Wood, Stephen F Angel and Thomas Enders.
View institutional ownership trends for Linde.

Which major investors are selling Linde stock?

LIN stock was sold by a variety of institutional investors in the last quarter, including Egerton Capital UK LLP, State Street Corp, BlackRock Inc., AKO Capital LLP, Nuveen Asset Management LLC, Allianz Asset Management GmbH, Caisse DE Depot ET Placement DU Quebec, and AXA S.A.. Company insiders that have sold Linde company stock in the last year include Anne K Roby, Christian Bruch, Eduardo F Menezes, Juergen Nowicki, and Stephen F Angel.
View insider buying and selling activity for Linde.

Which major investors are buying Linde stock?

LIN stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company, Cibc World Markets Corp, Pendal Group Limited, DekaBank Deutsche Girozentrale, KBC Group NV, Morgan Stanley, Voloridge Investment Management LLC, and Wells Fargo & Company MN. Company insiders that have bought Linde stock in the last two years include Christian Bruch, Franz Fehrenbach, Stephen F Angel, and Thomas Enders.
View insider buying and selling activity for Linde.

How do I buy shares of 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.

What is Linde's stock price today?

One share of LIN stock can currently be purchased for approximately $257.43.

How big of a company is Linde?

Linde has a market capitalization of $135.11 billion and generates $28.23 billion in revenue each year. The basic materials company earns $2.29 billion in net income (profit) each year or $7.34 on an earnings per share basis. Linde employs 79,886 workers across the globe.

What is Linde's official website?

The official website for Linde is www.linde.com.

How can I contact Linde?

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]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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