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In the latest session, Linde Plc. (NASDAQ: LIN) closed at $444.32 down -0.17% from its previous closing price of $445.06. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 1.92 million shares were traded. LIN stock price reached its highest trading level at $444.61 during the session, while it also had its lowest trading level at $433.38.
Ratios:
For a deeper understanding of Linde Plc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 45.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.78. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.36.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 214330638336 and an Enterprise Value of 231000064000. As of this moment, Linde’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.27, and their Forward P/E ratio for the next fiscal year is 26.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.51 while its Price-to-Book (P/B) ratio in mrq is 5.40. Its current Enterprise Value per Revenue stands at 7.031 whereas that against EBITDA is 19.099.
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 -2.09%, while the 200-Day Moving Average is calculated to be 9.09%.
Shares Statistics:
For the past three months, LIN has traded an average of 2.42M shares per day and 1589030 over the past ten days. A total of 482.45M shares are outstanding, with a floating share count of 473.31M. Insiders hold about 1.72% of the company’s shares, while institutions hold 86.04% stake in the company. Shares short for LIN as of 1711584000 were 6298060 with a Short Ratio of 2.60, compared to 1709164800 on 3610562. Therefore, it implies a Short% of Shares Outstanding of 6298060 and a Short% of Float of 1.3099999.
Dividends & Splits
According to the company, the forward annual dividend rate for LIN is 5.21, from 5.1 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011459129The stock’s 5-year Average Dividend Yield is 1.49.
Earnings Estimates
Linde Plc. (LIN) is presently subject to a detailed evaluation by 11.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $3.44 for the current quarter, with a high estimate of $3.49 and a low estimate of $3.42, while EPS last year was $3.14. The consensus estimate for the next quarter is $3.62, with high estimates of $3.69 and low estimates of $3.59.
Analysts are recommending an EPS of between $14.68 and $13.18 for the fiscal current year, implying an average EPS of $14.48. EPS for the following year is $15.93, with 16.0 analysts recommending between $16.54 and $13.57.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $7.87B this quarter.It ranges from a high estimate of $8.14B to a low estimate of $7.65B. As of the current estimate, Linde Plc.’s year-ago sales were $7.51BFor the next quarter, 10 analysts are estimating revenue of $7.96B. There is a high estimate of $8.11B for the next quarter, whereas the lowest estimate is $7.74B.
A total of 17 analysts have provided revenue estimates for LIN’s current fiscal year. The highest revenue estimate was $33.02B, while the lowest revenue estimate was $31.13B, resulting in an average revenue estimate of $32.15B. In the same quarter a year ago, actual revenue was $30.84BBased on 16 analysts’ estimates, the company’s revenue will be $34.13B in the next fiscal year. The high estimate is $35.16B and the low estimate is $32.37B.
