Linde (NASDAQ:LIN – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 3.850-3.950 for the period, compared to the consensus EPS estimate of 3.970. The company issued revenue guidance of -. Linde also updated its FY 2025 guidance to 16.150-16.550 EPS.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on LIN shares. Citigroup decreased their price objective on shares of Linde from $490.00 to $480.00 and set a “neutral” rating for the company in a research report on Wednesday, December 18th. Mizuho lifted their price target on Linde from $520.00 to $530.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. BMO Capital Markets increased their price objective on Linde from $477.00 to $507.00 and gave the company an “outperform” rating in a report on Friday, November 1st. TD Cowen upgraded Linde from a “hold” rating to a “buy” rating and boosted their target price for the stock from $480.00 to $515.00 in a research note on Monday, January 13th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Linde from $510.00 to $515.00 and gave the company a “buy” rating in a report on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $501.82.
Get Our Latest Research Report on Linde
Linde Price Performance
Linde (NASDAQ:LIN – Get Free Report) last issued its earnings results on Thursday, February 6th. The basic materials company reported $3.97 EPS for the quarter, beating analysts’ consensus estimates of $3.93 by $0.04. Linde had a net margin of 19.33% and a return on equity of 18.16%. As a group, research analysts anticipate that Linde will post 15.45 earnings per share for the current year.
Insiders Place Their Bets
In other Linde news, VP Guillermo Bichara sold 4,385 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $460.73, for a total transaction of $2,020,301.05. Following the completion of the sale, the vice president now owns 22,776 shares in the company, valued at $10,493,586.48. The trade was a 16.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Paula Rosput Reynolds acquired 100 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were acquired at an average price of $441.34 per share, for a total transaction of $44,134.00. Following the purchase, the director now owns 233 shares of the company’s stock, valued at $102,832.22. This trade represents a 75.19 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.60% of the stock is owned by company insiders.
Linde Company Profile
Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It 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.
Featured Articles
- Five stocks we like better than Linde
- 3 Warren Buffett Stocks to Buy Now
- Powering Profits: Utility Stocks That Shine in Volatility
- 3 Dividend Kings To Consider
- Cirrus Logic Upgraded After Q3 Earnings Beat—More Gains Ahead?
- What is a Low P/E Ratio and What Does it Tell Investors?
- RTX and Lockheed Martin: Buy 1 for Today and 1 for Tomorrow
Receive News & Ratings for Linde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde and related companies with MarketBeat.com's FREE daily email newsletter.