News coverage about Air Products & Chemicals (NYSE:APD) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Air Products & Chemicals earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 46.6470446366891 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Air Products to Supply Hydrogen Dispensers to China Energy – Nasdaq (nasdaq.com)
- Hot Stock Analysis – Air Products and Chemicals Inc (NYSE: APD) – Alpha Beta Stock (alphabetastock.com)
- FY2019 EPS Estimates for Air Products & Chemicals, Inc. (APD) Decreased by Jefferies Group (americanbankingnews.com)
- Zacks Investment Research Downgrades Air Products & Chemicals (APD) to Hold (americanbankingnews.com)
APD has been the topic of several recent research reports. Seaport Global Securities reissued a “buy” rating and issued a $185.00 price target on shares of Air Products & Chemicals in a report on Monday, January 29th. Jefferies Group restated a “buy” rating and issued a $195.00 target price on shares of Air Products & Chemicals in a research report on Monday, January 29th. JPMorgan Chase & Co. cut Air Products & Chemicals from an “overweight” rating to a “neutral” rating and set a $170.00 target price on the stock. in a research report on Monday, January 29th. Zacks Investment Research cut Air Products & Chemicals from a “buy” rating to a “hold” rating in a research report on Friday, March 16th. Finally, Credit Suisse Group set a $181.00 price target on Air Products & Chemicals and gave the company a “buy” rating in a research report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and fifteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $179.19.
Air Products & Chemicals (NYSE:APD) last released its quarterly earnings data on Friday, January 26th. The basic materials company reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.13. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.12 billion. Air Products & Chemicals had a return on equity of 14.80% and a net margin of 33.51%. The company’s quarterly revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.47 earnings per share. research analysts predict that Air Products & Chemicals will post 7.32 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 14th. Investors of record on Monday, April 2nd will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 2.65%. The ex-dividend date of this dividend is Thursday, March 29th. This is a boost from Air Products & Chemicals’s previous quarterly dividend of $0.95. Air Products & Chemicals’s payout ratio is 29.25%.
Air Products & Chemicals Company Profile
Air Products and Chemicals, Inc, is an industrial gases company. The Company’s Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. The Company is also a supplier of liquefied natural gas process technology and equipment.
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