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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Industrial inorganic chemicals
Sub-IndustryIndustrial Gases
SectorBasic Materials
SymbolNYSE:PX
CUSIP74005P10
Phone203-837-2000
Debt
Debt-to-Equity Ratio1.11
Current Ratio0.96
Quick Ratio0.78
Price-To-Earnings
Trailing P/E Ratio28.46
Forward P/E Ratio24.59
P/E Growth1.98
Sales & Book Value
Annual Sales$11.44 billion
Price / Sales4.19
Cash Flow$10.0543 per share
Price / Cash16.56
Book Value$22.74 per share
Price / Book7.32
Profitability
EPS (Most Recent Fiscal Year)$5.85
Net Income$1.25 billion
Net Margins11.68%
Return on Equity27.84%
Return on Assets9.13%
Miscellaneous
Employees26,461
Outstanding Shares287,580,000
Market Cap$47.80 billion
Praxair (NYSE:PX) Frequently Asked Questions
What is Praxair's stock symbol?
Praxair trades on the New York Stock Exchange (NYSE) under the ticker symbol "PX."
How often does Praxair pay dividends? What is the dividend yield for Praxair?
Praxair announced a quarterly dividend on Thursday, July 26th. Investors of record on Monday, August 6th will be given a dividend of $0.825 per share on Wednesday, August 15th. This represents a $3.30 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Friday, August 3rd. View Praxair's Dividend History.
How were Praxair's earnings last quarter?
Praxair, Inc. (NYSE:PX) announced its quarterly earnings results on Thursday, July, 26th. The basic materials company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.70 by $0.02. The basic materials company earned $3.06 billion during the quarter, compared to the consensus estimate of $3.05 billion. Praxair had a net margin of 11.68% and a return on equity of 27.84%. The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.46 EPS. View Praxair's Earnings History.
When is Praxair's next earnings date?
What price target have analysts set for PX?
10 analysts have issued 12-month price objectives for Praxair's shares. Their predictions range from $170.00 to $194.00. On average, they expect Praxair's share price to reach $178.5455 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Price Targets for Praxair.
What is the consensus analysts' recommendation for Praxair?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Praxair in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Praxair.
Who are some of Praxair's key competitors?
Some companies that are related to Praxair include Air Products & Chemicals (APD), JSR Corp/ADR (JSCPY), Minerals Technologies (MTX), Kronos Worldwide (KRO), Tronox (TROX), Venator Materials (VNTR), Valhi (VHI), Luxfer (LXFR), NL Industries (NL), LSB Industries (LXU), Hydrogenics (HYGS) and Polydex Pharmaceuticals (POLXF).
Who are Praxair's key executives?
Praxair's management team includes the folowing people:
- Mr. Stephen F. Angel, Chairman & CEO (Age 62)
- Mr. Matthew J. White, Sr. VP & CFO (Age 46)
- Ms. Anne K. Roby, Sr. VP (Age 53)
- Mr. Eduardo F. Menezes, Exec. VP (Age 55)
- Ms. Kelcey E. Hoyt, VP, Controller & Chief Accounting Officer (Age 48)
Who are Praxair's major shareholders?
Praxair's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.92%), Bank of New York Mellon Corp (3.16%), Bank of New York Mellon Corp (3.16%), Parnassus Investments CA (1.95%), Egerton Capital UK LLP (1.49%) and Caisse DE Depot ET Placement DU Quebec (1.40%). Company insiders that own Praxair stock include Anne K Roby and Raymond W Leboeuf. View Institutional Ownership Trends for Praxair.
Which major investors are selling Praxair stock?
PX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Parnassus Investments CA, Bank of New York Mellon Corp, Bank of New York Mellon Corp, Renaissance Technologies LLC, BlackRock Inc., Lodge Hill Capital LLC and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Praxair.
Which major investors are buying Praxair stock?
PX stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Winslow Capital Management LLC, Morgan Stanley, Putnam Investments LLC, Bank of America Corp DE, Caisse DE Depot ET Placement DU Quebec, OMERS ADMINISTRATION Corp and Royal London Asset Management Ltd.. View Insider Buying and Selling for Praxair.
How do I buy shares of Praxair?
Shares of PX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Praxair's stock price today?
One share of PX stock can currently be purchased for approximately $166.50.
How big of a company is Praxair?
Praxair has a market capitalization of $47.80 billion and generates $11.44 billion in revenue each year. The basic materials company earns $1.25 billion in net income (profit) each year or $5.85 on an earnings per share basis. Praxair employs 26,461 workers across the globe.
What is Praxair's official website?
How can I contact Praxair?
Praxair's mailing address is 10 Riverview Drive, DANBURY CT, 06810. The basic materials company can be reached via phone at 203-837-2000 or via email at [email protected]
MarketBeat Community Rating for Praxair (NYSE PX)
MarketBeat's community ratings are surveys of what our community members think about Praxair and other stocks. Vote "Outperform" if you believe PX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PX will underperform the S&P 500 over the long term. You may vote once every thirty days.
