NYSE:PX

Praxair (PX) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$7.54
$7.68
50-Day Range
$3.23
$164.50
52-Week Range
$140.00
$169.75
Volume
718,312 shs
Average Volume
594,520 shs
Market Capitalization
$879.53 million
P/E Ratio
N/A
Dividend Yield
1.71%
Price Target
$10.67

Praxair MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
40.5% Upside
$10.67 Price Target
Short Interest
Bearish
6.65% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Praxair in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$1.39 M Sold Last Quarter
Proj. Earnings Growth
16.25%
From $0.80 to $0.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.63 out of 5 stars

Finance Sector

351st out of 859 stocks

Investment Advice Industry

18th out of 46 stocks

PX stock logo

About Praxair Stock (NYSE:PX)

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.

PX Stock News Headlines

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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 3/26 Dividend
3/08/2024
Dividend Payable
3/26/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Industrial Gases
CUSIP
74005P10
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.67
High Stock Price Target
$15.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+40.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-7,130,000.00
Pretax Margin
-1.30%

Debt

Sales & Book Value

Annual Sales
$241.73 million
Cash Flow
$1.17 per share
Book Value
$3.66 per share

Miscellaneous

Free Float
82,759,000
Market Cap
$880.11 million
Optionable
Optionable
Beta
0.52
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PX Stock Analysis - Frequently Asked Questions

Should I buy or sell Praxair stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Praxair in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PX shares.
View PX analyst ratings
or view top-rated stocks.

What is Praxair's stock price target for 2024?

6 equities research analysts have issued 12 month target prices for Praxair's stock. Their PX share price targets range from $9.00 to $15.00. On average, they expect the company's stock price to reach $10.67 in the next year. This suggests a possible upside of 40.5% from the stock's current price.
View analysts price targets for PX
or view top-rated stocks among Wall Street analysts.

When is Praxair's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our PX earnings forecast
.

How can I listen to Praxair's earnings call?

Praxair will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Praxair's earnings last quarter?

Praxair, Inc. (NYSE:PX) released its quarterly earnings data on Thursday, February, 29th. The basic materials company reported $0.21 EPS for the quarter, hitting analysts' consensus estimates of $0.21. The basic materials company earned $63.07 million during the quarter, compared to analyst estimates of $63.67 million. Praxair had a positive trailing twelve-month return on equity of 23.70% and a negative net margin of 2.95%. During the same period in the previous year, the firm posted $0.22 EPS.

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

Praxair declared a quarterly dividend on Thursday, February 29th. Shareholders of record on Monday, March 11th will be paid a dividend of $0.0325 per share on Tuesday, March 26th. This represents a $0.13 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Friday, March 8th. This is an increase from the stock's previous quarterly dividend of $0.03.
Read our dividend analysis for PX
.

Is Praxair a good dividend stock?

Praxair (NYSE:PX) pays an annual dividend of $0.13 per share and currently has a dividend yield of 1.71%.
Read our dividend analysis for PX.

What ETFs hold Praxair's stock?

ETFs with the largest weight of Praxair (NYSE:PX) stock in their portfolio include WHITEWOLF Publicly Listed Private Equity ETF (LBO) and Ranger Equity Bear ETF (HDGE) and

How will Praxair's stock buyback program work?

Praxair declared that its Board of Directors has authorized a stock repurchase program on Thursday, February 29th 2024, which allows the company to buyback $40,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 3.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

What other stocks do shareholders of Praxair own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Praxair investors own include Intel (INTC), QUALCOMM (QCOM), Netflix (NFLX), Air Products and Chemicals (APD), Procter & Gamble (PG), Walt Disney (DIS), Starbucks (SBUX), Boeing (BA), NVIDIA (NVDA) and Caterpillar (CAT).

When did Praxair IPO?

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

This page (NYSE:PX) was last updated on 4/25/2024 by MarketBeat.com Staff

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