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: $119.56
  • 50 Day Moving Average: $118.84
  • 200 Day Moving Average: $116.23
  • 52-Week Range: $95.60 - $125.00
  • Trailing P/E Ratio: 21.77
  • Foreward P/E Ratio: 19.83
  • P/E Growth: 3.24
  • Market Cap: $34.10B
  • Outstanding Shares: 285,231,000
  • Beta: 0.93
  • Net Margins: 15.09%
  • Return on Equity: 31.66%
  • Return on Assets: 8.50%
  • 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 (1.30% downside)

Analysts' Ratings History for Praxair (NYSE:PX)
DateFirmActionRatingPrice TargetDetails
9/30/2016Jefferies GroupReiterated RatingBuy$140.00View Rating Details
9/13/2016Morgan StanleyInitiated CoverageNeutral -> Equal Weight$125.00View 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 10/25/2014 forward)


Earnings History for Praxair (NYSE:PX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016Q316$1.40$2.70 billionN/AView Earnings Details
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)


Earnings Estimates for Praxair (NYSE:PX)
Current Year EPS Consensus Estimate: $5.51 EPS
Next Year EPS Consensus Estimate: $6.03 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$1.39
Q4 20164$1.42$1.46$1.44
Q1 20171$1.45$1.45$1.45
Q2 20171$1.55$1.55$1.55
Q3 20171$1.52$1.52$1.52
Q4 20171$1.56$1.56$1.56
(Data provided by Zacks Investment Research)


Current Dividend Information for Praxair (NYSE:PX)
Annual Dividend:$3.00
Dividend Yield:2.51%
Dividend Growth:9.10% (3 Year Average)
Payout Ratio:54.55% (Based on Trailing 12 Months of Earnings)
54.45% (Based on Current Year Consensus EPS Estimate)
49.75% (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
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Praxair (NYSE:PX)
Insider Ownership Percentage: 0.22%
Institutional Ownership Percentage: 83.76%
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)


Latest Headlines for Praxair (NYSE:PX)
News IconFTB Advisors Inc. Sells shares of Praxair Inc. (PX) - Daily Quint ... - DailyQuint (NYSE:PX) - October 24 at 12:26 PM
News IconFTB Advisors Inc. Sold shares of Praxair Inc. (PX) - DailyQuint (NYSE:PX) - October 23 at 11:08 AM
News IconMeag Munich Ergo Kapitalanlagegesellschaft MBH Maintains ... - DailyQuint (NYSE:PX) - October 22 at 6:25 PM
News IconPraxair, GE Aviation announce joint venture (NYSE:PX) - October 21 at 6:57 PM logoPraxair, Inc. breached its 50 day moving average in a Bullish Manner : PX-US : October 20, 2016 (NYSE:PX) - October 21 at 10:27 AM
News IconAppraising The Value of These Shares: Praxair Inc. (NYSE:PX) - CSZ News (NYSE:PX) - October 20 at 7:13 PM
News IconPraxair Inc. (PX) Position Lowered by Tocqueville Asset ... - Daily Quint - DailyQuint (NYSE:PX) - October 20 at 8:22 AM
News IconPraxair Inc. (NYSE:PX) lost about -0.5 percent in value since last earnings - The Independent Republic (NYSE:PX) - October 19 at 3:31 PM
News IconStock Tracker: Earnings & Estimates for Praxair, Inc. (NYSE:PX) - CSZ News (NYSE:PX) - October 18 at 6:50 PM logoPraxair, Inc. (NYSE:PX) Is Expected To Post EPS Of $1.55 - (NYSE:PX) - October 18 at 6:50 PM
News IconMost Active Mix Cap Movers- Depomed, Inc. (NASDAQ:DEPO), Praxair Inc. (NYSE:PX), Pegasystems (NASDAQ:PEGA) - Seneca Globe (NYSE:PX) - October 18 at 12:13 PM
News IconPraxair, Inc. (NYSE:PX) Updated Broker Price Targets - The De Soto Edge (NYSE:PX) - October 18 at 12:13 PM
News IconNoteworthy Ownership Action: Praxair Inc (NYSE:PX) Institutional Investor Sentiment Trend - Post News (NYSE:PX) - October 18 at 12:13 PM
News IconOwnership Change Worth Mentioning: Praxair INC (PX) Market Value Declined While Marathon Asset Management Llp ... - Chester News (NYSE:PX) - October 18 at 12:13 PM logoPraxair Surface Technologies (PX), GE Aviation Create New PG Technologies Joint Venture (NYSE:PX) - October 17 at 6:48 PM logo2:02 pm Praxair subsidiary & General Electric subsidiary (GE (NYSE:PX) - October 17 at 6:48 PM logoPraxair Surface Technologies and GE Aviation Launch Joint Venture Company PG Technologies (NYSE:PX) - October 17 at 6:48 PM
News IconLeading stocks in today’s market: Praxair Inc. (NYSE:PX) (NYSE:PX) - October 16 at 11:15 AM
News IconStock Perspective: Praxair, Inc. (NYSE:PX) Company Earnings Watch - CSZ News (NYSE:PX) - October 13 at 10:37 AM
News IconPraxair Inc. (NYSE:PX) missed earnings on 3 occasions | The ... - The Independent Republic (NYSE:PX) - October 12 at 6:52 PM
News IconNoteworthy Analyst Ratings of Two Stocks Praxair, Inc. (NYSE:PX), Cisco Systems, Inc. (NASDAQ:CSCO) - The Voice Registrar (NYSE:PX) - October 12 at 6:52 PM
News IconThe Statistics Don't Lie: Praxair Inc. (NYSE:PX) Earnings Preview - The Voice Registrar (NYSE:PX) - October 12 at 6:52 PM logoPraxair Starts Plant in Port of Antwerp, Extends Pipeline (NYSE:PX) - October 12 at 12:21 PM
News IconPraxair, Inc. (NYSE:PX) Analyst Opinion | The Independent Republic - The Independent Republic (NYSE:PX) - October 10 at 11:43 AM
News IconPraxair, Inc. (NYSE:PX) Updated Analyst Coverage - NewsDen (NYSE:PX) - October 8 at 6:24 PM
News IconFund Move to Note: As Praxair INC (PX) Share Price Declined, Groesbeck Investment Management Corp Lowered by ... - Chester News (NYSE:PX) - October 8 at 11:25 AM logoLinde plans to cut costs after Praxair merger -Spiegel (NYSE:PX) - October 7 at 12:06 PM
News IconNoteworthy Analyst Ratings of Two Stocks Praxair, Inc. (NYSE:PX), T-Mobile US Inc (NASDAQ:TMUS) - The Voice Registrar (NYSE:PX) - October 6 at 6:42 PM
News IconPraxair, Inc. (NYSE:PX) Insider Trading Update - Newburgh Press (NYSE:PX) - October 5 at 6:48 PM logoPraxair Starts Up New Hydrogen Plant in Peru (NYSE:PX) - October 4 at 11:39 AM logoPraxair Announces Third Quarter 2016 Earnings and Conference Call Schedule (NYSE:PX) - October 3 at 6:30 PM
News IconPraxair Inc. (NYSE:PX) from Chemicals – Major Diversified – Todays Top Gains (NYSE:PX) - October 3 at 11:33 AM logoPraxair, Inc. breached its 50 day moving average in a Bullish Manner : PX-US : October 3, 2016 (NYSE:PX) - October 3 at 11:33 AM logoSemi-Recent Buy: Praxair - Seeking Alpha (NYSE:PX) - October 2 at 10:53 AM
News IconPraxair Inc. (NYSE:PX) – Top Stock from Basic Materials Sector ... - The Daily Leicester (NYSE:PX) - October 1 at 8:24 AM
News IconChemicals – Major Diversified: Praxair Inc. (NYSE:PX) Position of the day (NYSE:PX) - September 29 at 12:03 PM logoPraxair (PX) Inks Long-Term Supply agreement with Hyundai (NYSE:PX) - September 27 at 6:49 PM
News IconTop Gainers of the Day: Praxair Inc. (NYSE:PX) from Chemicals – Major Diversified (NYSE:PX) - September 27 at 6:49 PM
News IconIs Praxair Inc.(NYSE: PX), a large market cap stock a smart buy? - The Daily Leicester (NYSE:PX) - 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) - September 27 at 11:32 AM logoPraxair Acquires PureCo2, Increases Carbon Dioxide Purification Capacity (NYSE:PX) - September 27 at 11:32 AM logoPraxair Boosts South Korean Trade with Hyundai Oilbank Deal (NYSE:PX) - September 27 at 11:32 AM logoPraxair (PX) Inks Long-Term Supply agreement with Hyundai - (NYSE:PX) - 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) - 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) - 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) - September 23 at 6:26 PM
News IconThe Key Numbers To Watch From Praxair Inc. (NYSE:PX)'s Earnings - The Voice Registrar (NYSE:PX) - September 23 at 6:26 PM logoPraxair Expands Carbon Dioxide Capacity in Western U.S. - Business Wire (press release) (NYSE:PX) - September 21 at 10:58 AM
News IconPraxair Inc. (NYSE: PX) – Is this large market cap stock undervalued? - The Daily Leicester (NYSE:PX) - September 20 at 12:10 PM
News IconHigh Market Cap Stock of the Day – Praxair Inc. (NYSE:PX) (NYSE:PX) - September 19 at 6:51 PM


Praxair (NYSE:PX) Chart for Tuesday, October, 25, 2016

Last Updated on 10/25/2016 by Staff