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: $116.43
  • 50 Day Moving Average: $119.708
  • 200 Day Moving Average: $115.436
  • 52-Week Range: $95.60 - $125.00
  • Trailing P/E Ratio: 21.263
  • Foreward P/E Ratio: 19.21
  • P/E Growth: 3.140
  • Market Cap: $33.31B
  • Outstanding Shares: 285,231,000
  • Beta: 0.9
Profitability:
  • Net Margins: 15.09%
  • Return on Equity: 31.66%
  • Return on Assets: 8.50%
Debt:
  • Debt-to-Equity Ratio: 1.66%
  • Current Ratio: 1.33%
  • Quick Ratio: 1.10%
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: $118.00 (1.35% upside)

Analysts' Ratings History for Praxair (NYSE:PX)
Show:
DateFirmActionRatingPrice TargetDetails
9/13/2016Morgan StanleyInitiated CoverageNeutral -> Equal Weight$125.00View Rating Details
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
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 9/27/2014 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:2.58%
Dividend Growth:9.10% (3 Year Average)
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)
Track Record:11 Years of Consecutive Dividend Growth

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)
Insider Ownership Percentage: 0.22%
Institutional Ownership Percentage: 83.78%
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 IconIs Praxair Inc.(NYSE: PX), a large market cap stock a smart buy? - The Daily Leicester (NYSE:PX)
thedailyleicester.com - September 27 at 11:32 AM
News IconVigorous Movers' Roundup- Praxair Inc. (NYSE:PX), Intrexon (NYSE:XON), Alaska Air Group (NYSE:ALK) - Seneca Globe (NYSE:PX)
www.senecaglobe.com - September 27 at 11:32 AM
marketrealist.com logoPraxair Acquires PureCo2, Increases Carbon Dioxide Purification Capacity (NYSE:PX)
marketrealist.com - September 27 at 11:32 AM
finance.yahoo.com logoPraxair Boosts South Korean Trade with Hyundai Oilbank Deal (NYSE:PX)
finance.yahoo.com - September 27 at 11:32 AM
streetinsider.com logoPraxair (PX) Inks Long-Term Supply agreement with Hyundai - StreetInsider.com (NYSE:PX)
www.streetinsider.com - September 26 at 6:58 PM
News IconAnalysts Valuations For Two Stocks: Praxair, Inc. (NYSE:PX), Honeywell International Inc. (NYSE:HON) - The Voice Registrar (NYSE:PX)
voiceregistrar.com - September 26 at 6:58 PM
News IconNotable 13F Report: Praxair INC (PX) Market Value Declined While Pictet Bank & Trust LTD Trimmed by $9.18 Million ... - Chester News (NYSE:PX)
www.chesterindependent.com - September 23 at 6:26 PM
News IconToday's Top Gainers in the Market Praxair Inc. (NYSE:PX) from Basic Materials - The Daily Leicester (NYSE:PX)
thedailyleicester.com - September 23 at 6:26 PM
News IconThe Key Numbers To Watch From Praxair Inc. (NYSE:PX)'s Earnings - The Voice Registrar (NYSE:PX)
voiceregistrar.com - September 23 at 6:26 PM
businesswire.com logoPraxair Expands Carbon Dioxide Capacity in Western U.S. - Business Wire (press release) (NYSE:PX)
www.businesswire.com - September 21 at 10:58 AM
News IconPraxair Inc. (NYSE: PX) – Is this large market cap stock undervalued? - The Daily Leicester (NYSE:PX)
thedailyleicester.com - September 20 at 12:10 PM
News IconHigh Market Cap Stock of the Day – Praxair Inc. (NYSE:PX) (NYSE:PX)
twincountynews.com - September 19 at 6:51 PM
News IconNovember 18th Options Now Available For Praxair (PX) (NYSE:PX)
www.stockoptionschannel.com - September 19 at 11:29 AM
News IconIs Praxair Inc. (NYSE:PX), a large market cap stock a smart buy? (NYSE:PX)
twincountynews.com - September 18 at 6:27 PM
News IconHow has Praxair Inc.:(NYSE:PX) performed recently? – The Daily ... - The Daily Leicester (NYSE:PX)
thedailyleicester.com - September 16 at 6:43 PM
News IconInstitutional Move: Praxair INC (PX) Shareholder St James ... - Chester News (NYSE:PX)
www.chesterindependent.com - September 16 at 6:43 PM
finance.yahoo.com logo(OFFICIAL)-Financial regulator investigates timing of Linde announcements (NYSE:PX)
finance.yahoo.com - September 16 at 10:28 AM
ft.com logo[$$] Linde chairman Reitzle's skills put to test with deal collapse (NYSE:PX)
www.ft.com - September 16 at 10:28 AM
News IconA look at a High Market Cap Stock: Praxair Inc., PX - The Daily Leicester (NYSE:PX)
thedailyleicester.com - September 15 at 10:28 AM
capitalcube.com logoPraxair, Inc. – Value Analysis (NYSE:PX) : September 14, 2016 (NYSE:PX)
www.capitalcube.com - September 14 at 7:02 PM
News IconAnalyst Opinion Summary: Praxair Inc. (NYSE:PX), Emerson Electric Co. (NYSE:EMR) - National Daily Press (NYSE:PX)
www.nationaldailypress.com - September 14 at 11:18 AM
sg.finance.yahoo.com logoLinde chairman says no new talks with Praxair 'for now' - Handelsblatt (NYSE:PX)
sg.finance.yahoo.com - September 14 at 11:18 AM
finance.yahoo.com logoLinde Likened to ‘Game of Thrones’ After Two Tumultuous Days (NYSE:PX)
finance.yahoo.com - September 14 at 11:18 AM
feeds.reuters.com logoLinde chairman says no new talks with Praxair 'for now': Handelsblatt (NYSE:PX)
feeds.reuters.com - September 14 at 6:16 AM
feeds.reuters.com logoLinde chairman says no new talks with Praxair "for now" -Handelsblatt (NYSE:PX)
feeds.reuters.com - September 14 at 3:51 AM
feeds.reuters.com logoUPDATE 3-Linde CEO, CFO leave after Praxair talks collapse (NYSE:PX)
feeds.reuters.com - September 13 at 3:09 PM
forbes.com logoPraxair Stock Sees Short Interest Decrease By 19% (NYSE:PX)
www.forbes.com - September 13 at 2:04 PM
feeds.reuters.com logoLinde CEO to step down after Praxair deal falls through (NYSE:PX)
feeds.reuters.com - September 13 at 11:54 AM
feeds.reuters.com logoUPDATE 1-Linde CEO, CFO leave after Praxair talks collapse (NYSE:PX)
feeds.reuters.com - September 13 at 11:54 AM
News IconRecoiled Stocks in Momentum: HP Inc. (NYSE:HPQ), Praxair (NYSE ... - Street Wise Report (press release) (blog) (NYSE:PX)
streetwisereport.com - September 13 at 11:49 AM
News IconPraxair Inc. (NYSE:PX) – Top Stock from Basic Materials Sector - The Daily Leicester (NYSE:PX)
thedailyleicester.com - September 13 at 11:49 AM
sg.finance.yahoo.com logoLinde CEO, CFO leave after Praxair talks collapse (NYSE:PX)
sg.finance.yahoo.com - September 13 at 11:49 AM
feeds.reuters.com logoLinde CFO leaves after Praxair talks collapse (NYSE:PX)
feeds.reuters.com - September 13 at 11:33 AM
feeds.reuters.com logoUPDATE 4-Linde, Praxair end $60 billion merger talks (NYSE:PX)
feeds.reuters.com - September 12 at 1:24 PM
News IconLinde, Praxair End Merger Talks (NYSE:PX)
www.mdm.com - September 12 at 11:33 AM
businesswire.com logoPraxair, Inc. and Linde AG Terminate Preliminary Talks about a Potential Merger (NYSE:PX)
www.businesswire.com - September 12 at 11:33 AM
wsj.com logoPraxair and Linde Call Off $60 Billion Merger Talks - Wall Street Journal (NYSE:PX)
www.wsj.com - September 12 at 9:48 AM
feeds.reuters.com logoUPDATE 3-Linde, Praxair end $60 billion merger talks (NYSE:PX)
feeds.reuters.com - September 12 at 9:12 AM
reuters.com logoLinde, Praxair end $60 billion merger talks - Reuters (NYSE:PX)
www.reuters.com - September 12 at 8:13 AM
feeds.reuters.com logoBRIEF-Linde: executive board decides to end talks with Praxair (NYSE:PX)
feeds.reuters.com - September 12 at 7:30 AM
feeds.reuters.com logoUPDATE 2-Linde, Praxair end $60 billion merger talks (NYSE:PX)
feeds.reuters.com - September 12 at 7:30 AM
nytimes.com logoLinde of Germany Ends Merger Discussions With Praxair - New York Times (NYSE:PX)
www.nytimes.com - September 12 at 5:24 AM
seekingalpha.com logoLinde, Praxair end $60B merger talks (NYSE:PX)
seekingalpha.com - September 12 at 4:24 AM
feeds.reuters.com logoLinde, Praxair end $60 billion merger talks (NYSE:PX)
feeds.reuters.com - September 12 at 4:19 AM
feeds.reuters.com logoLinde CEO, board members call for end to Praxair merger talks (NYSE:PX)
feeds.reuters.com - September 12 at 3:24 AM
News IconAnalyzing Analyst Recommendations: Praxair Inc. (NYSE:PX), Williams Partners L.P. (NYSE:WPZ) - National Daily Press (NYSE:PX)
www.nationaldailypress.com - September 11 at 6:20 PM
News IconPraxair, Inc. (NYSE:PX) From The Analysts Point of View (NYSE:PX)
www.nationaldailypress.com - September 9 at 6:32 PM
capitalcube.com logoETF’s with exposure to Praxair, Inc. : September 8, 2016 (NYSE:PX)
www.capitalcube.com - September 8 at 10:46 AM
News IconThe Key Numbers To Watch From Praxair Inc. (NYSE:PX)'s Earnings ... - The Voice Registrar (NYSE:PX)
voiceregistrar.com - September 7 at 7:03 PM
biz.yahoo.com logoPRAXAIR INC Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:PX)
biz.yahoo.com - September 7 at 7:02 PM

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Praxair (NYSE:PX) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff