P10 (PX) Stock Price, News & Analysis

Company Overview

Praxair, Inc. produces and distributes industrial gases. It operates through five segments: North America, Europe, South America, Asia, and Surface Technologies. The company offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders to the aircraft, energy, printing, primary metals, petrochemical, textile, and other industries. In addition, the company offers electric arc, plasma and wire spray, and high-velocity oxy-fuel equipment; and distributes hardgoods and welding equipment purchased from independent manufacturers. It serves various industries, such as healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment. Praxair, Inc. was founded in 1907 and is headquartered in Danbury, Connecticut.

Key Stats

• Today's Range: $13.21 to $13.42
• 50-Day Range: $3.23 to $164.50
• 52-Week Range: $8.00 to $14.28
• Volume: 630,464 shs
• Average Volume: 599,341 shs
• Market Capitalization: $1.01 billion
• P/E Ratio: 56.32
• Dividend Yield: 1.66%
• Price Target: $14.64
• Consensus Rating: Moderate Buy

P10 Stock Analysis - MarketRank™

P10 scored higher than 77% of companies evaluated by MarketBeat, and ranked 516th out of 925 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

P10 has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

P10 has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 19.35%

Earnings Growth

Earnings for P10 are expected to grow by 19.35% in the coming year, from $0.93 to $1.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of P10 is 9.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of P10 is 9.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.30.

Price to Book Value per Share Ratio

P10 has a P/B Ratio of 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.99% of the float of P10 has been sold short.

Short Interest Ratio / Days to Cover

P10 has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in P10 has recently increased by 55.19%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

P10 pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

P10 has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of P10 is 93.76%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, P10 will have a dividend payout ratio of 13.51% next year. This indicates that P10 will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.99% of the float of P10 has been sold short.

Short Interest Ratio / Days to Cover

P10 has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in P10 has recently increased by 55.19%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

2 people have searched for PX on MarketBeat in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, P10 insiders have sold 3,567.01% more of their company's stock than they have bought. Specifically, they have bought $98,400.00 in company stock and sold $3,608,336.00 in company stock.

Percentage Held by Insiders

11.54% of the stock of P10 is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

48.05% of the stock of P10 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PX Stock Analysis - Frequently Asked Questions

How were P10's earnings last quarter?

P10, Inc. (NYSE:PX) released its earnings results on Thursday, May, 8th. The basic materials company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.01. The basic materials company earned $67.67 million during the quarter, compared to analyst estimates of $68.80 million. P10 had a net margin of 6.25% and a trailing twelve-month return on equity of 30.48%.
Read the conference call transcript.

Is P10 buying back stock?

P10's Board of Directors authorized a stock buyback plan on Thursday, February 29th 2024, which allows the company to repurchase $40,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 3.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

When did P10 IPO?

P10 (PX) raised $300 million in an initial public offering on Thursday, October 21st 2021. The company issued 20,000,000 shares at a price of $14.00-$16.00 per share.

Who are P10's major shareholders?

P10's top institutional investors include Driehaus Capital Management LLC (0.94%), Voya Investment Management LLC (0.20%), Bank of New York Mellon Corp (0.18%) and Quantbot Technologies LP (0.06%). Insiders that own company stock include Mel Williams, 210 Capital, Llc, Edwin A Poston, Jon I Madorsky Revocable Trus, Alexander I Abell, David M Mccoy, Michael Feinglass, Luke A Sarsfield III, Mark C Hood, Richard J Jensen, Charles K Huebner Trust, Andrew Rowan Nelson and Nell M Blatherwick.
View institutional ownership trends.

What other stocks do shareholders of P10 own?

Based on aggregate information from My MarketBeat watchlists, some other companies that P10 investors own include Meta Platforms (META), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Advanced Micro Devices (AMD), Chevron (CVX) and Visa (V).

Company Calendar

• Record date for 3/20 Dividend: 2/28/2025
• Ex-Dividend for 3/20 Dividend: 2/28/2025
• Dividend Payable: 3/20/2025
• Last Earnings: 5/08/2025
• Record date for 6/20 Dividend: 5/30/2025
• Today: 6/18/2025
• Dividend Payable: 6/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN-MISC SVCS
• Sub-Industry: Industrial Gases
• Current Symbol: NYSE:PX
• CIK: 884905
• Web: www.praxair.com
• Phone: 203-837-2000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $14.64
• High Stock Price Target: $21.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: +61.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.16
• Trailing P/E Ratio: 56.30
• Forward P/E Ratio: 9.76
• P/E Growth: N/A
• Net Income: $18.70 million
• Net Margins: 6.25%
• Pretax Margin: 8.83%
• Return on Equity: 30.48%
• Return on Assets: 13.80%

Debt

• Debt-to-Equity Ratio: 0.95
• Current Ratio: 1.91
• Quick Ratio: 1.91

Sales & Book Value

• Annual Sales: $296.45 million
• Price / Sales: 3.43
• Cash Flow: $1.31 per share
• Price / Cash Flow: 6.95
• Book Value: $3.48 per share
• Price / Book: 2.61

Miscellaneous

• Outstanding Shares: 112,120,000
• Free Float: 99,185,000
• Market Cap: $1.02 billion
• Optionable: Optionable
• Beta: 0.86