Press coverage about Air Products & Chemicals (NYSE:APD) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Air Products & Chemicals earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 47.2838718234343 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern’s scoring:
- Brokerages Expect Air Products & Chemicals, Inc. (APD) Will Announce Quarterly Sales of $2.16 Billion (americanbankingnews.com)
- Here’s Why Koppers (KOP) Should Be in Your Portfolio Now (msn.com)
- Brokerages Anticipate Air Products & Chemicals, Inc. (APD) Will Announce Earnings of $1.66 Per Share (americanbankingnews.com)
- Air Products’ (APD) Stock Up 18% in 6 Months: Here’s Why – Nasdaq (nasdaq.com)
Several analysts recently weighed in on APD shares. Jefferies Group restated a “hold” rating and set a $155.00 price objective on shares of Air Products & Chemicals in a report on Thursday, September 28th. Citigroup upped their target price on Air Products & Chemicals from $172.30 to $185.00 and gave the company a “buy” rating in a research report on Friday, October 27th. SunTrust Banks reiterated a “buy” rating and issued a $175.00 target price on shares of Air Products & Chemicals in a research report on Friday, October 27th. Barclays upped their price objective on Air Products & Chemicals from $170.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday, October 27th. Finally, Credit Suisse Group upped their price objective on Air Products & Chemicals from $158.00 to $173.00 and gave the stock an “outperform” rating in a research report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $166.79.
Air Products & Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, October 26th. The basic materials company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. The business had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Air Products & Chemicals had a return on equity of 15.25% and a net margin of 36.65%. The company’s revenue was up 13.2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.01 EPS. equities analysts expect that Air Products & Chemicals will post 7.03 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, February 12th. Stockholders of record on Tuesday, January 2nd will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Friday, December 29th. Air Products & Chemicals’s dividend payout ratio is presently 73.64%.
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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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