NYSE:LIN - Linde Stock Price, Forecast & News

Linde's stock was trading at $173.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LIN shares have decreased by 3.8% and is now trading at $167.34. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 1 sell rating, 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Linde.

Linde is scheduled to release its next quarterly earnings announcement on Friday, May 8th 2020. View our earnings forecast for Linde.

Linde PLC (NYSE:LIN) released its earnings results on Thursday, February, 13th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.84 by $0.05. The basic materials company had revenue of $7.08 billion for the quarter, compared to analyst estimates of $6.95 billion. Linde had a return on equity of 7.54% and a net margin of 8.09%. During the same quarter last year, the firm posted $1.46 EPS. View Linde's earnings history.

Linde declared a quarterly dividend on Tuesday, February 25th. Shareholders of record on Friday, March 6th will be paid a dividend of $0.963 per share on Friday, March 20th. This represents a $3.85 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend is Thursday, March 5th. This is a positive change from Linde's previous quarterly dividend of $0.88. View Linde's dividend history.

Linde updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 13th. The company provided earnings per share (EPS) guidance of 8.00-8.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.09.

19 brokerages have issued 1-year price targets for Linde's stock. Their forecasts range from $184.00 to $255.00. On average, they anticipate Linde's share price to reach $229.23 in the next year. This suggests a possible upside of 37.0% from the stock's current price. View analysts' price targets for Linde.

News articles about LIN stock have trended positive recently, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Linde earned a daily sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutLinde.

Linde saw a drop in short interest during the month of February. As of February 14th, there was short interest totaling 5,650,000 shares, a drop of 5.0% from the January 30th total of 5,950,000 shares. Based on an average trading volume of 1,430,000 shares, the short-interest ratio is currently 4.0 days. Currently, 1.1% of the shares of the company are short sold. 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), 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 Walt Disney (DIS), Visa (V), Costco Wholesale (COST), AbbVie (ABBV), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Mcdonald's (MCD), NVIDIA (NVDA), Home Depot (HD) and UnitedHealth Group (UNH).

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

Linde's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (3.97%), Capital Research Global Investors (2.85%), Norges Bank (2.51%), Massachusetts Financial Services Co. MA (2.49%), FMR LLC (1.91%) and Bank of New York Mellon Corp (1.65%). Company insiders that own Linde stock include Anne K Roby, Bernd Hugo Eulitz, Christian Bruch, Eduardo F Menezes, Franz Fehrenbach, 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 Capital World Investors, Amundi Pioneer Asset Management Inc., FMR LLC, D1 Capital Partners L.P., Capital Research Global Investors, FIL Ltd, Massachusetts Financial Services Co. MA, and CI Investments Inc.. Company insiders that have sold Linde company stock in the last year include Anne K Roby, Bernd Hugo Eulitz, Christian Bruch, Eduardo F Menezes, Matthew J White, and Stephen F Angel. View insider buying and selling activity for Linde.

LIN stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Assenagon Asset Management S.A., Stifel Financial Corp, Madison Asset Management LLC, Toronto Dominion Bank, M&G Investment Management Ltd., Loomis Sayles & Co. L P, and Geode Capital Management LLC. 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.

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 $167.34.

Linde has a market capitalization of $91.19 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. 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]