NYSE:LIN

Linde Stock Forecast, Price & News

$232.75

-1.75 (-0.75 %)

(As of 09/25/2020 12:00 AM ET)

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Today's Range

$228.47

Now: $232.75▼

$233.67

50-Day Range

$233.15

MA: $247.55▼

$260.23

52-Week Range

$146.71

Now: $232.75▼

$260.49

Volume2.18 million shs

Average Volume2.23 million shs

Market Capitalization$122.28 billion

P/E Ratio54.89

Dividend Yield1.64%

Beta0.72

Linde plc operates as an industrial gas company in primarily North and South America, Europe, the Middle East, Africa, the Asia Pacific, and South Korea. 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. In addition, the company supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders for aircraft, energy, printing, primary metals, petrochemical, textile, and other industries; and manufactures a line of electric arc, plasma and wire spray, and high-velocity oxy-fuel equipment. It 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 2.79, and is based on 19 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $237.12, Linde has a forecasted upside of 1.9% from its current price of $232.75.
Amount of Analyst Coverage
Linde has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Linde has received 258 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Linde has received 259 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Linde has received 50.10% “underperform” 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.

2.5 Dividend Strength

Dividend Yield
Linde pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Linde has only been increasing its dividend for 1 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 43.26% next year. This indicates that Linde will be able to sustain or increase its dividend.

1.0 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 $1,719.00 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.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Linde are expected to grow by 14.54% in the coming year, from $7.77 to $8.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Linde is 54.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.37.
Price to Earnings Ratio vs. Sector
The P/E ratio of Linde is 54.89, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.69.
Price to Earnings Growth Ratio
Linde has a PEG Ratio of 2.94. 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 2.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.80 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

Debt

Debt-to-Equity Ratio0.23

Current Ratio0.80

Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio54.89

Forward P/E Ratio29.95

P/E Growth2.94

Sales & Book Value

Annual Sales$28.23 billion

Price / Sales4.33

Cash Flow$14.77 per share

Price / Cash Flow15.76

Book Value$94.55 per share

Price / Book2.46

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

Employees79,886

Outstanding Shares525,360,000

Market Cap$122.28 billion

Next Earnings Date11/10/2020 (Estimated)

OptionableNot Optionable

$232.75

-1.75 (-0.75 %)

(As of 09/25/2020 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 been impacted by Coronavirus?

Linde's stock was trading at $173.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LIN stock has increased by 33.8% and is now trading at $232.75.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Linde?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 5 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Linde.

When is Linde's next earnings date?

Linde is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
View our earnings forecast for Linde.

How were Linde's earnings last quarter?

Linde PLC (NYSE:LIN) released its quarterly earnings results on Thursday, July, 30th. The basic materials company reported $1.90 EPS for the quarter, topping the Zacks' consensus estimate of $1.65 by $0.25. The basic materials company earned $6.38 billion during the quarter, compared to analysts' expectations of $6.26 billion. Linde had a net margin of 8.37% and a return on equity of 8.27%.
View Linde's earnings history.

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

Linde declared a quarterly dividend on Monday, July 27th. Investors of record on Thursday, September 3rd will be given a dividend of $0.963 per share on Friday, September 18th. This represents a $3.85 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Wednesday, September 2nd.
View Linde's dividend history.

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

Linde issued an update on its third quarter 2020 IntraDay earnings guidance on Thursday, July, 30th. The company provided earnings per share (EPS) guidance of 1.90-1.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.87.

What price target have analysts set for LIN?

24 equities research analysts have issued 12-month price targets for Linde's stock. Their forecasts range from $185.00 to $300.00. On average, they expect Linde's share price to reach $237.12 in the next year. This suggests a possible upside of 1.9% from the stock's current price.
View analysts' price targets for Linde.

What are Wall Street analysts saying about Linde stock?

Here are some recent quotes from research analysts about Linde stock:

1. According to Zacks Investment Research, "Linde plc. is an industrial gas and engineering company. Linde plc., formerly known as Praxair Inc., is based in Guildford, UK. " (8/6/2020)
2. JPMorgan Chase & Co. analysts commented, "NEW YORK (dpa-AFX Analyser) – Die US-Bank JPMorgan hat die Einstufung fur Linde auf Neutral" belassen. Im Rahmen einer uberarbeitung des Bewertungsmodells fur den Industriegasekonzern habe er seine Ergebnisprognose (Ebitda) fur 2020 erhoht, schrieb Analyst Jeffrey Zekauskas in einer am Donnerstag vorliegenden Studie. Die 2020er Schatzung fur den Gewinn je Aktie beliess er unverandert./edh/kro Veroffentlichung der Original-Studie: 15.04.2020 / 12:28 / EDT Erstmalige Weitergabe der Original-Studie: 15.04.2020 / 13:03 / EDT Hinweis: Informationen zur Offenlegungspflicht bei Interessenkonflikten im Sinne von § 85 Abs. 1 WpHG, Art. 20 VO (EU) 596/2014 fur das genannte Analysten-Haus finden Sie unter http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html." (4/16/2020)

Who are some of Linde's key competitors?

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), Polydex Pharmaceuticals (POLXF), 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), Walt Disney (DIS), Intel (INTC), AT&T (T), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Walmart (WMT), QUALCOMM (QCOM) and Cisco Systems (CSCO).

Who are Linde's key executives?

Linde's management team includes the following people:

Mr. Stephen F. Angel, CEO & Director (Age 63)
Mr. Matthew J. White, Exec. VP & CFO (Age 47)
Ms. Anne K. Roby, Exec. VP of Global Functions (Age 54)
Mr. Eduardo F. Menezes, Exec. VP of EMEA (Age 56)
Ms. Kelcey E. Hoyt, Chief Accounting Officer (Age 49)

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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.35%), BlackRock Inc. (5.89%), FMR LLC (2.03%), Bank of New York Mellon Corp (1.80%), Nuveen Asset Management LLC (0.99%) and DekaBank Deutsche Girozentrale (0.79%). 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 Vanguard Group Inc., Toronto Dominion Bank, BlackRock Inc., Cibc World Markets Corp, Holocene Advisors LP, Marshall Wace LLP, Nuveen Asset Management LLC, and Marshall Wace North America L.P.. Company insiders that have sold Linde company stock in the last year include Anne K Roby, Christian Bruch, and Juergen Nowicki.
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 Viking Global Investors LP, AKO Capital LLP, Public Employees Retirement Association of Colorado, Canada Pension Plan Investment Board, Bank of New York Mellon Corp, Ardevora Asset Management LLP, AMF Pensionsforsakring AB, and Robeco Institutional Asset Management B.V.. 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 $232.75.

How big of a company is Linde?

Linde has a market capitalization of $122.28 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 9/26/2020 by MarketBeat.com Staff

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