Free Trial

This company has been marked as potentially delisted and may not be actively trading.

NYSE:PX

Praxair (PX) Stock Price, News & Analysis

Praxair logo

About Praxair Stock (NYSE:PX)

Advanced Chart

Key Stats

Today's Range
$13.21
$13.42
50-Day Range
$3.23
$164.50
52-Week Range
$7.88
$14.28
Volume
630,464 shs
Average Volume
576,044 shs
Market Capitalization
$1.28 billion
P/E Ratio
71.57
Dividend Yield
1.22%
Price Target
$14.64
Consensus Rating
Moderate Buy

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.

Praxair Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
72nd Percentile Overall Score

PX MarketRank™: 

Praxair scored higher than 72% of companies evaluated by MarketBeat, and ranked 432nd out of 909 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Praxair 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

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

  • Read more about Praxair's stock forecast and price target.
  • Earnings Growth

    Earnings for Praxair 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 Praxair is 71.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Praxair is 71.57, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.68.

  • Price to Book Value per Share Ratio

    Praxair has a P/B Ratio of 3.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.20% of the float of Praxair has been sold short.
  • Short Interest Ratio / Days to Cover

    Praxair has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Praxair has recently decreased by 0.56%, indicating that investor sentiment is improving.
  • Dividend Yield

    Praxair pays a meaningful dividend of 1.08%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Praxair has only been increasing its dividend for 2 years.

  • Dividend Coverage

    The dividend payout ratio of Praxair is 87.51%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Praxair will have a dividend payout ratio of 12.61% next year. This indicates that Praxair will be able to sustain or increase its dividend.

  • Read more about Praxair's dividend.
  • Percentage of Shares Shorted

    3.20% of the float of Praxair has been sold short.
  • Short Interest Ratio / Days to Cover

    Praxair has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Praxair has recently decreased by 0.56%, indicating that investor sentiment is improving.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Praxair this week, compared to 0 articles on an average week.
  • Search Interest

    Only 1 people have searched for PX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Praxair to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Praxair insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,608,336.00 in company stock.

  • Percentage Held by Insiders

    24.52% of the stock of Praxair 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 Praxair is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Praxair's insider trading history.
Receive PX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Praxair and its competitors with MarketBeat's FREE daily newsletter.

PX Stock News Headlines

RCP Fund XIX Closes on $314 Million
3..2..1.. AI 2.0 ignition (don’t sleep on this)
I just put together an urgent new presentation that you need to see right away. In short: I believe we are mere days away from a critical announcement from a key tech leader… One that will officially ignite “AI 2.0” – and potentially send a whole new class of stocks soaring.
P10, Inc. (PX) Q1 2025 Earnings Call Transcript
P10 Reports First Quarter 2025 Earnings Results
See More Headlines

PX Stock Analysis - Frequently Asked Questions

Praxair, Inc. (NYSE:PX) issued its earnings results on Thursday, May, 8th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.01. The basic materials company had revenue of $67.67 million for the quarter, compared to the consensus estimate of $68.80 million. Praxair had a net margin of 6.52% and a trailing twelve-month return on equity of 30.28%.
Read the conference call transcript
.

Praxair's Board of Directors initiated a stock buyback program 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 reacquire up to 3.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

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

Top institutional investors of Praxair include Driehaus Capital Management LLC (0.94%), Bank of New York Mellon Corp (0.18%), Quantbot Technologies LP (0.06%) and Rhumbline Advisers (0.05%). 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, Richard J Jensen, Charles K Huebner Trust, Andrew Rowan Nelson and Nell M Blatherwick.
View institutional ownership trends
.

Based on aggregate information from My MarketBeat watchlists, some other companies that Praxair 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
Today
5/27/2025
Record date for 6/20 Dividend
5/30/2025
Dividend Payable
6/20/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Investment advice
Sub-Industry
Industrial Gases
Current Symbol
NYSE:PX
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
+27.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Trailing P/E Ratio
70.06
Forward P/E Ratio
12.31
P/E Growth
N/A
Net Income
$19.67 million
Pretax Margin
7.52%

Debt

Sales & Book Value

Annual Sales
$296.45 million
Cash Flow
$1.02 per share
Price / Cash Flow
11.18
Book Value
$3.66 per share
Price / Book
3.13

Miscellaneous

Free Float
84,253,000
Market Cap
$1.28 billion
Optionable
Optionable
Beta
0.86
A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report

This page (NYSE:PX) was last updated on 5/28/2025 by MarketBeat.com Staff
From Our Partners