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 Ratio1.07
Current Ratio0.94
Quick Ratio0.77
Price-To-Earnings
Trailing P/E Ratio28.26
Forward P/E Ratio24.54
P/E Growth2.13
Sales & Book Value
Annual Sales$11.44 billion
Price / Sales4.16
Cash Flow$10.0773 per share
Price / Cash16.44
Book Value$22.74 per share
Price / Book7.29
Profitability
EPS (Most Recent Fiscal Year)$5.85
Net Income$1.25 billion
Net Margins11.27%
Return on Equity26.91%
Return on Assets8.73%
Miscellaneous
Employees26,461
Outstanding Shares287,140,000
Market Cap$47,386.15
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 declared a quarterly dividend on Thursday, April 26th. Investors of record on Thursday, June 7th will be paid a dividend of $0.825 per share on Friday, June 15th. This represents a $3.30 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Wednesday, June 6th. View Praxair's Dividend History.
How were Praxair's earnings last quarter?
Praxair, Inc. (NYSE:PX) released its earnings results on Thursday, April, 26th. The basic materials company reported $1.65 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.56 by $0.09. The basic materials company earned $3 billion during the quarter, compared to analysts' expectations of $2.93 billion. Praxair had a net margin of 11.27% and a return on equity of 26.91%. View Praxair's Earnings History.
When is Praxair's next earnings date?
What guidance has Praxair issued on next quarter's earnings?
Praxair updated its second quarter earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $1.67-1.72 for the period, compared to the Thomson Reuters consensus estimate of $1.65.
What price target have analysts set for PX?
12 equities research analysts have issued 12-month price objectives for Praxair's shares. Their forecasts range from $164.00 to $194.00. On average, they expect Praxair's share price to reach $176.7273 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Ratings for Praxair.
What is the consensus analysts' recommendation for Praxair?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Praxair in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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), Valhi (VHI), Venator Materials (VNTR), 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)
Has Praxair been receiving favorable news coverage?
News stories about PX stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Praxair earned a media sentiment score of 0.05 on Accern's scale. They also assigned headlines about the basic materials company an impact score of 43.41 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Praxair's major shareholders?
Praxair's stock is owned by many different of institutional and retail investors. Top institutional investors include Jensen Investment Management Inc. (0.84%), Confluence Investment Management LLC (0.26%), Bank of Montreal Can (0.14%), KAMES CAPITAL plc (0.12%), Retirement Systems of Alabama (0.12%) and Factory Mutual Insurance Co. (0.12%). Company insiders that own Praxair stock include Anne K Roby and Raymond W Leboeuf. View Institutional Ownership Trends for Praxair.
Which institutional investors are selling Praxair stock?
PX stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Jensen Investment Management Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hartford Investment Management Co., Calamos Advisors LLC, Municipal Employees Retirement System of Michigan, Riverbridge Partners LLC and Deprince Race & Zollo Inc.. View Insider Buying and Selling for Praxair.
Which institutional investors are buying Praxair stock?
PX stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Retirement Systems of Alabama, KAMES CAPITAL plc, Vigilant Capital Management LLC, Addenda Capital Inc., Xact Kapitalforvaltning AB, State of Alaska Department of Revenue and NN Investment Partners Holdings N.V.. 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 $164.72.
How big of a company is Praxair?
Praxair has a market capitalization of $47.39 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.
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.
