Financial Health Report: Linde Plc. (LIN)’s Ratios Tell a Tale

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Linde Plc. (NASDAQ: LIN) closed the day trading at $434.39 up 1.05% from the previous closing price of $429.86. In other words, the price has increased by $1.05 from its previous closing price. On the day, 1.2 million shares were traded. LIN stock price reached its highest trading level at $434.83 during the session, while it also had its lowest trading level at $430.47.

Ratios:

For a better understanding of LIN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.39.

On April 10, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $475 to $500.

UBS Downgraded its Buy to Neutral on March 27, 2024, whereas the target price for the stock was revised from $482 to $510.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’24 when Bichara Guillermo sold 6,034 shares for $471.01 per share. The transaction valued at 2,842,105 led to the insider holds 27,161 shares of the business.

Durbin Sean sold 5,277 shares of LIN for $2,466,417 on Mar 12 ’24. The Executive VP, North America now owns 8,151 shares after completing the transaction at $467.39 per share. On Mar 07 ’24, another insider, Strauss David P, who serves as the Executive VP, Chief HR Officer of the company, sold 2,523 shares for $465.65 each. As a result, the insider received 1,174,836 and left with 23,939 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LIN now has a Market Capitalization of 208818225152 and an Enterprise Value of 225671970816. As of this moment, Linde’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.70, and their Forward P/E ratio for the next fiscal year is 25.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.37 while its Price-to-Book (P/B) ratio in mrq is 5.38. Its current Enterprise Value per Revenue stands at 6.888 whereas that against EBITDA is 18.43.

Stock Price History:

Over the past 52 weeks, LIN has reached a high of $477.71, while it has fallen to a 52-week low of $350.60. The 50-Day Moving Average of the stock is -4.25%, while the 200-Day Moving Average is calculated to be 5.78%.

Shares Statistics:

Over the past 3-months, LIN traded about 2.46M shares per day on average, while over the past 10 days, LIN traded about 2055990 shares per day. A total of 482.45M shares are outstanding, with a floating share count of 472.46M. Insiders hold about 1.72% of the company’s shares, while institutions hold 86.12% stake in the company. Shares short for LIN as of 1714435200 were 5759950 with a Short Ratio of 2.35, compared to 1711584000 on 6298060. Therefore, it implies a Short% of Shares Outstanding of 5759950 and a Short% of Float of 1.2.

Dividends & Splits

LIN’s forward annual dividend rate is 5.21, up from 5.215 a year ago. Against a Trailing Annual Dividend Yield of 0.012131858The stock’s 5-year Average Dividend Yield is 1.48.

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