NYSE:LINLinde Stock Price, Forecast & News

$212.56

-0.33 (-0.16 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$210.66

Now: $212.56▼

$214.25

50-Day Range

$178.78

MA: $188.44▼

$212.89

52-Week Range

$146.71

Now: $212.56▼

$227.85

Volume1.95 million shs

Average Volume1.90 million shs

Market Capitalization$111.63 billion

P/E Ratio49.09

Dividend Yield1.81%

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 2.77, and is based on 17 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $214.19, Linde has a potential upside of 0.8% from its current price of $212.56.
Amount of Analyst Coverage
Linde has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Linde has received 246 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Linde has received 256 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Linde has received 51.00% “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.

3.3 Dividend Strength

Dividend Leadership
Linde is a leading dividend payer. It pays a dividend yield of 1.81%, putting its dividend yield in the top 25% of dividend-paying stocks.
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 45.35 % next year. This indicates that Linde will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Linde insiders have bought 1,810.96% more of their company's stock than they have sold. Specifically, they have bought $1,046,538.00 in company stock and sold $54,765.00 in company stock.
Percentage Held by Insiders
Only 0.70% of the stock of Linde is held by insiders.
Percentage Held by Institutions
76.58% 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 15.20% in the coming year, from $7.37 to $8.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Linde is 49.09, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.46.
Price to Earnings Ratio vs. Sector
The P/E ratio of Linde is 49.09, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.44.
Price to Earnings Growth Ratio
Linde has a PEG Ratio of 2.62. 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 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.57 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 Ratio0.21

Current Ratio0.74

Quick Ratio0.63

Price-To-Earnings

Trailing P/E Ratio49.09

Forward P/E Ratio28.84

P/E Growth2.62

Sales & Book Value

Annual Sales$28.23 billion

Price / Sales3.95

Cash Flow$15.92 per share

Price / Cash Flow13.35

Book Value$94.55 per share

Price / Book2.25

Profitability

EPS (Most Recent Fiscal Year)$7.34

Net Income$2.29 billion

Net Margins8.35%

Return on Equity8.06%

Return on Assets4.77%

Miscellaneous

Employees79,886

Outstanding Shares525,180,000

Market Cap$111.63 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableNot Optionable

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Linde (NYSE:LIN) Frequently Asked Questions

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

Linde's stock was trading at $173.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LIN stock has increased by 22.2% and is now trading at $212.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Linde?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 5 hold ratings and 17 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 Monday, August 3rd 2020. View our earnings forecast for Linde.

How were Linde's earnings last quarter?

Linde PLC (NYSE:LIN) issued its earnings results on Thursday, May, 7th. The basic materials company reported $1.89 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.83 by $0.06. The basic materials company earned $6.74 billion during the quarter, compared to analyst estimates of $6.74 billion. Linde had a return on equity of 8.06% and a net margin of 8.35%. View Linde's earnings history.

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

Linde announced a quarterly dividend on Tuesday, April 28th. Investors of record on Wednesday, June 3rd will be given a dividend of $0.963 per share on Wednesday, June 17th. This represents a $3.85 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend is Tuesday, June 2nd. View Linde's dividend history.

What price target have analysts set for LIN?

22 brokers have issued 1-year price targets for Linde's shares. Their forecasts range from $184.00 to $250.00. On average, they anticipate Linde's share price to reach $214.19 in the next year. This suggests a possible upside of 0.8% 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. 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)
2. 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. " (8/8/2019)

Has Linde been receiving favorable news coverage?

News stories about LIN stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Linde earned a media sentiment score of -2.7 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutLinde.

Are investors shorting Linde?

Linde saw a decrease in short interest in May. As of May 15th, there was short interest totaling 5,310,000 shares, a decrease of 13.9% from the April 30th total of 6,170,000 shares. Based on an average trading volume of 2,820,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.0% of the shares of the company are short sold. View Linde's Current Options Chain.

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), Luxfer (LXFR), Valhi (VHI), Venator Materials (VNTR), NL Industries (NL), LSB Industries (LXU), TOR Minerals International (TORM) and Polydex Pharmaceuticals (POLXF). 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 Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Johnson & Johnson (JNJ), AbbVie (ABBV), Mcdonald's (MCD), Visa (V), Abbott Laboratories (ABT), Gilead Sciences (GILD), Walmart (WMT) and Costco Wholesale (COST).

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.79%), State Street Corp (3.98%), Massachusetts Financial Services Co. MA (2.59%), Capital Research Global Investors (2.37%), Capital World Investors (1.93%) and Deutsche Bank AG (1.76%). 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.

Which major investors are selling Linde stock?

LIN stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Clearbridge Investments LLC, Assenagon Asset Management S.A., Canada Pension Plan Investment Board, State Street Corp, Fayez Sarofim & Co, Nuveen Asset Management LLC, and Caisse DE Depot ET Placement DU Quebec. Company insiders that have sold Linde company stock in the last year include Anne K Roby, Bernd Hugo Eulitz, Christian Bruch, and Stephen F Angel. View insider buying and selling activity for Linde.

Which major investors are buying Linde stock?

LIN stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, AKO Capital LLP, Wellington Management Group LLP, Deutsche Bank AG, Swiss National Bank, APG Asset Management N.V., Bank of New York Mellon Corp, and Bartlett & Co. 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.

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 $212.56.

How big of a company is Linde?

Linde has a market capitalization of $111.63 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 6/5/2020 by MarketBeat.com Staff