Praxair Company Profile (NYSE:PX)

About Praxair

Praxair logoPraxair, Inc. is an industrial gas supplier in North and South America, Asia and Europe. The Company's operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, the Company operates its surface technologies business through its subsidiary, Praxair Surface Technologies, Inc., which represents the fifth segment. The Company's products in its industrial gases business include atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). The Company also designs, engineers and builds equipment that produces industrial gases primarily for internal use. The Company's Surface Technologies segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Chemicals - Major Diversified
  • Sub-Industry: Industrial Gases
  • Exchange: NYSE
  • Symbol: PX
  • CUSIP: 74005P10
Key Metrics:
  • Previous Close: $121.82
  • 50 Day Moving Average: $118.10
  • 200 Day Moving Average: $113.04
  • Trailing P/E Ratio: 22.18
  • Foreward P/E Ratio: 20.10
  • P/E Growth: 3.63
  • Market Cap: $34.75B
  • Outstanding Shares: 285,231,000
  • Beta: 0.91
Additional Links:
Companies Related to Praxair:

Analyst Ratings

Consensus Ratings for Praxair (NYSE:PX) (?)
Ratings Breakdown: 1 Sell Rating, 10 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $116.08 (4.71% downside)

Analysts' Ratings History for Praxair (NYSE:PX)
Show:
DateFirmActionRatingPrice TargetDetails
8/16/2016Jefferies GroupReiterated RatingBuy$140.00View Rating Details
8/16/2016ArgusReiterated RatingHoldView Rating Details
8/2/2016Credit Agricole SABoost Price TargetOutperform$115.00 -> $125.00View Rating Details
7/29/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
7/29/2016Credit Suisse Group AGReiterated RatingHold$117.00View Rating Details
7/29/2016Citigroup Inc.Lower Price TargetNeutral$123.00 -> $122.00View Rating Details
7/29/2016Barclays PLCBoost Price TargetEqual Weight$120.00 -> $125.00View Rating Details
6/16/2016Morgan StanleyReiterated RatingHold$100.00View Rating Details
5/2/2016JPMorgan Chase & Co.Reiterated RatingHold$109.00View Rating Details
4/12/2016Goldman Sachs Group Inc.Boost Price Target$97.00 -> $102.00View Rating Details
2/22/2016SusquehannaBoost Price TargetNeutral$106.00 -> $110.00View Rating Details
2/1/2016Robert W. BairdLower Price TargetNeutral$120.00 -> $106.00View Rating Details
1/22/2016Bank of America Corp.Initiated CoverageUnderperformView Rating Details
1/13/2016Seaport Global SecuritiesUpgradeNeutral -> Accumulate$115.00 -> $115.00View Rating Details
12/14/2015KeyCorpReiterated RatingBuy$120.00 -> $118.00View Rating Details
1/28/2015William BlairReiterated RatingHoldView Rating Details
11/12/2014Tigress FinancialInitiated CoverageNeutralView Rating Details
(Data available from 8/27/2014 forward)

Earnings

Earnings History for Praxair (NYSE:PX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
7/28/2016Q216$1.36$1.39$2.60 billion$2.70 billionViewListenView Earnings Details
4/29/2016Q116$1.27$1.28$2.49 billion$2.51 billionViewListenView Earnings Details
1/29/2016Q415$1.47$1.47$2.67 billion$2.60 billionViewListenView Earnings Details
10/29/2015Q315$1.45$1.46$2.78 billion$2.70 billionViewListenView Earnings Details
7/29/2015Q215$1.45$1.45$2.86 billion$2.70 billionViewListenView Earnings Details
4/29/2015Q115$1.44$1.43$2.96 billion$2.80 billionViewN/AView Earnings Details
1/28/2015Q414$1.57$1.57$3.08 billion$3.00 billionViewListenView Earnings Details
10/29/2014Q314$1.63$1.62$3.17 billion$3.10 billionViewListenView Earnings Details
7/23/2014Q214$1.59$1.58$3.16 billion$3.11 billionViewN/AView Earnings Details
4/23/2014Q114$1.51$1.51$3.06 billion$3.00 billionViewListenView Earnings Details
1/29/2014Q413$1.55$1.59$3.05 billion$3.00 billionViewListenView Earnings Details
10/30/2013Q313$1.52$1.51$3.03 billion$3.00 billionViewListenView Earnings Details
7/24/2013Q2 2013$1.49$1.49$3.00 billion$3.01 billionViewListenView Earnings Details
4/24/2013Q1 2013$1.38$1.38$2.89 billion$2.89 billionViewListenView Earnings Details
1/23/2013Q4 2012$1.38$1.38$2.78 billion$2.80 billionViewListenView Earnings Details
10/24/2012$1.39$1.39ViewN/AView Earnings Details
7/25/2012$1.42$1.42ViewN/AView Earnings Details
4/25/2012$1.36$1.38ViewN/AView Earnings Details
1/25/2012$1.37$1.36ViewN/AView Earnings Details
10/26/2011$1.39$1.40ViewN/AView Earnings Details
7/27/2011$1.37$1.38ViewN/AView Earnings Details
4/27/2011$1.26$1.29ViewN/AView Earnings Details
1/26/2011$1.23$1.25ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Praxair (NYSE:PX)
Current Year EPS Consensus Estimate: $5.53 EPS
Next Year EPS Consensus Estimate: $6.06 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169$1.22$1.44$1.32
Q2 20165$1.35$1.47$1.38
Q3 20164$1.37$1.41$1.40
Q4 20164$1.43$1.47$1.45
Q1 20171$1.47$1.47$1.47
Q2 20171$1.57$1.57$1.57
Q3 20171$1.58$1.58$1.58
Q4 20171$1.61$1.61$1.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Praxair (NYSE:PX)
Annual Dividend:$3.00
Dividend Yield:2.46%
Payout Ratio:54.55% (Based on Trailing 12 Months of Earnings)
54.25% (Based on Current Year Consensus EPS Estimate)
49.50% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:9.10% (3 Year Average)

Dividend History for Praxair (NYSE:PX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2016quarterly$0.752.57%9/6/20169/8/20169/15/2016
4/29/2016quarterly$0.752.56%6/3/20166/7/20166/15/2016
1/29/2016quarterly$0.752.84%3/3/20163/7/20163/15/2016
10/29/2015quarterly$0.7212/3/201512/7/201512/15/2015
7/29/2015quarterly$0.722.5%9/3/20159/8/20159/15/2015
4/29/2015quarterly$0.722.29%6/3/20156/5/20156/15/2015
1/28/2015quarterly$0.723/4/20153/6/20153/16/2015
10/29/2014quarterly$0.6512/3/201412/5/201412/15/2014
7/23/2014quarterly$0.652.01%9/4/20149/8/20149/15/2014
4/23/2014quarterly$0.651.97%6/4/20146/6/20146/16/2014
1/29/2014quarterly$0.652.07%3/5/20143/7/20143/17/2014
10/30/2013quarterly$0.601.93%12/4/201312/6/201312/16/2013
7/24/2013quarterly$0.609/6/20139/16/2013
4/24/2013quarterly$0.602.13%6/5/20136/7/20136/17/2013
1/23/2013quarterly$0.602.16%3/5/20133/7/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Praxair (NYSE:PX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/6/2016Robert L WoodDirectorSell6,550$114.34$748,927.00View SEC Filing  
1/7/2016Stephen F AngelCEOBuy5,000$97.80$489,000.00View SEC Filing  
9/23/2015Stephen F AngelCEOBuy5,000$101.54$507,700.00View SEC Filing  
9/8/2015Stephen F AngelCEOBuy5,000$103.56$517,800.00View SEC Filing  
5/8/2015Robert L WoodDirectorSell7,620$121.68$927,201.60View SEC Filing  
3/2/2015Stephen F AngelCEOSell182,028$129.10$23,499,814.80View SEC Filing  
2/25/2015Stephen F AngelCEOSell5,472$129.00$705,888.00View SEC Filing  
2/3/2015Elizabeth T HirschVPSell16,000$122.56$1,960,960.00View SEC Filing  
2/3/2015Raymond W LeboeufDirectorSell7,620$123.05$937,641.00View SEC Filing  
11/6/2014Ira D HallDirectorSell3,900$126.46$493,194.00View SEC Filing  
11/6/2014James T BreedloveVPSell4,120$126.52$521,262.40View SEC Filing  
11/4/2014Claire W GargalliDirectorSell5,000$123.78$618,900.00View SEC Filing  
5/5/2014James BreedloveVPSell18,000$130.64$2,351,520.00View SEC Filing  
5/1/2014Claire GargalliDirectorSell2,932$130.09$381,423.88View SEC Filing  
3/4/2014Wayne SmithDirectorSell5,419$131.27$711,352.13View SEC Filing  
2/28/2014Robert WoodDirectorSell4,600$130.81$601,726.00View SEC Filing  
2/18/2014Eduardo MenezesEVPSell31,130$129.76$4,039,428.80View SEC Filing  
2/18/2014James BreedloveVPSell40,000$129.83$5,193,200.00View SEC Filing  
11/4/2013James T BreedloveVPSell2,000$123.95$247,900.00View SEC Filing  
7/29/2013Raymond W LeboeufDirectorSell5,275$119.00$627,725.00View SEC Filing  
7/26/2013James T BreedloveVPSell4,000$118.60$474,400.00View SEC Filing  
7/26/2013Raymond P RobergeSVPSell3,918$118.38$463,812.84View SEC Filing  
5/17/2013Ira D HallDirectorSell1,900$115.28$219,032.00View SEC Filing  
5/15/2013Larry D McvayDirectorSell2,859$114.65$327,784.35View SEC Filing  
5/13/2013Claire W GargalliDirectorSell1,658$113.12$187,552.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Praxair (NYSE:PX)
DateHeadline
News IconPraxair Inc. (NYSE:PX) from Chemicals – Major Diversified – Todays Top Gains (NYSE:PX)
twincountynews.com - August 24 at 6:43 PM
News IconChemicals – Major Diversified: Praxair Inc. (NYSE:PX) Position of the day (NYSE:PX)
twincountynews.com - August 20 at 6:38 PM
News IconIs Praxair Inc.(NYSE: PX), a large market cap stock a smart buy? - The Daily Leicester (NYSE:PX)
thedailyleicester.com - August 17 at 7:20 PM
News IconAnalysts Valuations For Two Stocks: Praxair, Inc. (NYSE:PX), PG&E Corporation (NYSE:PCG) - The Voice Registrar (NYSE:PX)
voiceregistrar.com - August 17 at 7:20 PM
News IconAlibaba Group Holding (NYSE:BABA) & Praxair, Inc. (NYSE:PX) News Recap - Money News (press release) (NYSE:PX)
www.newsismoney.com - August 17 at 7:20 PM
rttnews.com logoPraxair Inc. (PX) Rose To A New High On Merger Discussions With Linde - RTT News (NYSE:PX)
www.rttnews.com - August 17 at 7:20 PM
News IconRecommendations and Price Target Estimates: Praxair, Inc. (NYSE:PX) - Post Registrar (NYSE:PX)
postregistrar.com - August 17 at 7:20 PM
etfdailynews.com logoPraxis and Linde Working on $60B Mega Merger (NYSE:PX)
etfdailynews.com - August 17 at 10:00 AM
News IconTop Gainers of the Day: Praxair Inc. (NYSE:PX) from Chemicals – Major Diversified (NYSE:PX)
twincountynews.com - August 17 at 10:00 AM
rttnews.com logoPraxair Inc. (PX) Rose To A New High On Merger Discussions With Linde (NYSE:PX)
www.rttnews.com - August 17 at 10:00 AM
feeds.reuters.com logoPraxair and Linde's merger would face major antitrust hurdles (NYSE:PX)
feeds.reuters.com - August 16 at 8:18 PM
feeds.benzinga.com logoBenzinga's M&A Chatter for Tuesday August 16, 2016 (NYSE:PX)
feeds.benzinga.com - August 16 at 8:18 PM
seekingalpha.com logoDow Jones: Praxair, Linde in merger talks - Seeking Alpha (NYSE:PX)
seekingalpha.com - August 16 at 7:07 PM
News IconHow has Praxair Inc.:(NYSE:PX) performed recently? - The Daily Leicester (NYSE:PX)
thedailyleicester.com - August 16 at 7:07 PM
schaeffersresearch.com logoBuzz Stocks: Apple Inc., Home Depot Inc, and Praxair, Inc. - Schaeffers Research (blog) (NYSE:PX)
www.schaeffersresearch.com - August 16 at 7:07 PM
etfdailynews.com logoPraxis and Linde Working on $60B Mega Merger - ETF Daily News (NYSE:PX)
etfdailynews.com - August 16 at 7:07 PM
cnbc.com logoPraxair surges amid merger talks, lifts only positive S&P 500 sector (NYSE:PX)
www.cnbc.com - August 16 at 7:07 PM
uk.finance.yahoo.com logoGlobal stocks fall on British data, Fed rate hike talk (NYSE:PX)
uk.finance.yahoo.com - August 16 at 7:07 PM
seekingalpha.com logoPraxair-Linde tie-up could face antitrust fight; Brazil seen as biggest hurdle (NYSE:PX)
seekingalpha.com - August 16 at 3:55 PM
feeds.benzinga.com logoPraxair Well-Positioned For Growth, But Valuation Keeps Argus At Hold Rating (NYSE:PX)
feeds.benzinga.com - August 16 at 3:37 PM
cnbc.com logoPraxair surges amid merger talks, lifts only positive S&P 500 sector - CNBC (NYSE:PX)
www.cnbc.com - August 16 at 12:32 PM
nasdaq.com logoLinde Confirms Preliminary Talks On Potential Merger With Praxair (NYSE:PX)
www.nasdaq.com - August 16 at 10:17 AM
schaeffersresearch.com logoBuzz Stocks: Apple Inc., Home Depot Inc, and Praxair, Inc. (NYSE:PX)
www.schaeffersresearch.com - August 16 at 10:17 AM
rttnews.com logoPraxair Inc. (PX) Is Up Sharply On Reports Of Merger Talks With Linde (NYSE:PX)
www.rttnews.com - August 16 at 10:17 AM
wsj.com logo[$$] Linde Confirms Merger Talks With Praxair (NYSE:PX)
www.wsj.com - August 16 at 10:17 AM
finance.yahoo.com logoGas suppliers Praxair, Linde hold merger talks (NYSE:PX)
finance.yahoo.com - August 16 at 10:17 AM
feeds.reuters.com logoGas supplier Praxair opens talks to buy Germay's Linde (NYSE:PX)
feeds.reuters.com - August 16 at 4:57 AM
bloomberg.com logoPraxair Said to Have Held Merger Talks With Germany’s Linde (NYSE:PX)
www.bloomberg.com - August 15 at 11:12 PM
feeds.reuters.com logoUPDATE 2-Praxair in talks to acquire Linde- source (NYSE:PX)
feeds.reuters.com - August 15 at 10:31 PM
feeds.reuters.com logoBRIEF-Praxair Inc in discussions to combine with Germany's Linde ag- source (NYSE:PX)
feeds.reuters.com - August 15 at 8:02 PM
seekingalpha.com logoDow Jones: Praxair, Linde in merger talks (NYSE:PX)
seekingalpha.com - August 15 at 7:40 PM
capitalcube.com logoETF’s with exposure to Praxair, Inc. : August 15, 2016 (NYSE:PX)
www.capitalcube.com - August 15 at 7:23 PM
marketwatch.com logoPraxair, Linde said to be discussing $60 billion merger (NYSE:PX)
www.marketwatch.com - August 15 at 7:23 PM
bloomberg.com logoPraxair Jumps After WSJ Report of Talks to Combine With Linde (NYSE:PX)
www.bloomberg.com - August 15 at 7:23 PM
finance.yahoo.com logoPraxair in deal talks with Germany's Linde AG -WSJ (NYSE:PX)
finance.yahoo.com - August 15 at 7:23 PM
News IconToday's Top Gainers in the Market Praxair Inc. (NYSE:PX) from Basic Materials - The Daily Leicester (NYSE:PX)
thedailyleicester.com - August 14 at 11:26 AM
News IconPraxair Inc. (NYSE:PX) – Top Stock from Basic Materials Sector ... - The Daily Leicester (NYSE:PX)
thedailyleicester.com - August 11 at 7:31 PM
News IconUpcoming Earnings Report: Praxair Inc. (NYSE:PX) - The Voice Registrar (NYSE:PX)
voiceregistrar.com - August 10 at 10:06 AM
marketrealist.com logoIs APD Trading at a Premium to Its Peers? (NYSE:PX)
marketrealist.com - August 9 at 10:12 AM
News IconIs Praxair Inc. (NYSE:PX), a large market cap stock a smart buy? (NYSE:PX)
twincountynews.com - August 8 at 7:15 PM
News IconA look at a High Market Cap Stock: Praxair Inc., PX - The Daily Leicester (NYSE:PX)
thedailyleicester.com - August 6 at 9:45 AM
News IconRecommendation Trends: Praxair Inc. (NYSE:PX) - News Oracle (NYSE:PX)
www.newsoracle.com - August 6 at 9:45 AM
News IconToday's Top Gainers in the Market Praxair Inc. (NYSE:PX) from ... - The Daily Leicester (NYSE:PX)
thedailyleicester.com - August 6 at 9:45 AM
News IconUpdate on Praxair Inc. (NYSE:PX) for the day (NYSE:PX)
twincountynews.com - August 4 at 7:29 PM
capitalcube.com logoETF’s with exposure to Praxair, Inc. : August 4, 2016 (NYSE:PX)
www.capitalcube.com - August 4 at 7:29 PM
nasdaq.com logoPraxair a Top Socially Responsible Dividend Stock With 2.6% Yield (PX) (NYSE:PX)
www.nasdaq.com - August 4 at 10:08 AM
News IconLeading stocks in today’s market: Praxair Inc. (NYSE:PX) (NYSE:PX)
twincountynews.com - August 4 at 10:08 AM
News IconLeading stocks in today's market: Praxair Inc. (NYSE:PX) - Twin County News (NYSE:PX)
twincountynews.com - August 3 at 7:20 PM
finance.yahoo.com logoPRAXAIR INC Financials (NYSE:PX)
finance.yahoo.com - August 3 at 7:20 PM
fortune.com logoStocks With Notable Analysts Assessments: Praxair, Inc. (NYSE:PX), Dollar Tree, Inc. (NASDAQ:DLTR) - Review Fortune (NYSE:PX)
reviewfortune.com - August 2 at 7:22 PM

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Praxair (NYSE:PX) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff