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NASDAQ:LIN

Linde (LIN) Stock Price, News & Analysis

$440.02
-0.61 (-0.14%)
(As of 06/18/2024 ET)
Today's Range
$435.23
$440.75
50-Day Range
$419.62
$453.00
52-Week Range
$358.37
$477.71
Volume
1.23 million shs
Average Volume
1.63 million shs
Market Capitalization
$211.51 billion
P/E Ratio
34.14
Dividend Yield
1.26%
Price Target
$468.83

Linde MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
6.5% Upside
$468.83 Price Target
Short Interest
Healthy
1.09% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.50mentions of Linde in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.64%
From $15.51 to $17.16 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.75 out of 5 stars

Basic Materials Sector

58th out of 172 stocks

Industrial Inorganic Chemicals Industry

2nd out of 10 stocks

LIN stock logo

About Linde Stock (NASDAQ:LIN)

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. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants. It serves a range of industries, including healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics. The company was founded in 1879 and is based in Woking, the United Kingdom.

LIN Stock Price History

LIN Stock News Headlines

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[Urgent] Protect your money before November
Those who listened to his warnings could have kept their money safe and even made substantial profits during each crisis. In fact, the Wall Street Journal reported that his work was more accurate … and more profitable than that of … Deutsche Bank … Merrill Lynch … JPMorgan Chase … Goldman Sachs … and every other firm reviewed.
3 Hydrogen Stocks to Buy on the Dip: May 2024
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Last Earnings
5/02/2024
Ex-Dividend for 6/18 Dividend
6/04/2024
Dividend Payable
6/18/2024
Today
6/19/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
N/A
Current Symbol
NASDAQ:LIN
Previous Symbol
NASDAQ:LIN
Employees
66,323
Year Founded
1879

Price Target and Rating

Average Stock Price Target
$468.83
High Stock Price Target
$540.00
Low Stock Price Target
$420.00
Potential Upside/Downside
+6.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

Net Income
$6.20 billion
Pretax Margin
24.81%

Debt

Sales & Book Value

Annual Sales
$32.85 billion
Cash Flow
$22.44 per share
Book Value
$84.72 per share

Miscellaneous

Free Float
477,311,000
Market Cap
$211.51 billion
Optionable
Not Optionable
Beta
0.95

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LIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Linde stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LIN shares.
View LIN analyst ratings
or view top-rated stocks.

What is Linde's stock price target for 2024?

13 equities research analysts have issued 1-year price targets for Linde's shares. Their LIN share price targets range from $420.00 to $540.00. On average, they expect the company's stock price to reach $468.83 in the next year. This suggests a possible upside of 6.5% from the stock's current price.
View analysts price targets for LIN
or view top-rated stocks among Wall Street analysts.

How have LIN shares performed in 2024?

Linde's stock was trading at $410.71 at the beginning of 2024. Since then, LIN stock has increased by 7.1% and is now trading at $440.02.
View the best growth stocks for 2024 here
.

When is Linde's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our LIN earnings forecast
.

How were Linde's earnings last quarter?

Linde plc (NASDAQ:LIN) released its earnings results on Thursday, May, 2nd. The basic materials company reported $3.75 earnings per share for the quarter, beating analysts' consensus estimates of $3.68 by $0.07. The basic materials company had revenue of $8.10 billion for the quarter, compared to analysts' expectations of $8.38 billion. Linde had a trailing twelve-month return on equity of 17.49% and a net margin of 19.26%. Linde's quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the business earned $3.42 EPS.

How often does Linde pay dividends? What is the dividend yield for Linde?

Linde declared a quarterly dividend on Monday, April 29th. Investors of record on Tuesday, June 4th will be given a dividend of $1.39 per share on Tuesday, June 18th. This represents a $5.56 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Tuesday, June 4th.
Read our dividend analysis for LIN
.

Is Linde a good dividend stock?

Linde (NASDAQ:LIN) pays an annual dividend of $5.56 per share and currently has a dividend yield of 1.27%. The dividend payout ratio is 43.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LIN will have a dividend payout ratio of 32.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LIN.

What guidance has Linde issued on next quarter's earnings?

Linde issued an update on its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of 3.700-3.800 for the period, compared to the consensus estimate of 3.600. The company issued revenue guidance of -.

Who are Linde's major shareholders?

Linde's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.29%), Capital International Investors (2.17%), Price T Rowe Associates Inc. MD (2.03%), Capital Research Global Investors (2.03%), Capital World Investors (1.92%) and Bank of New York Mellon Corp (1.54%). Insiders that own company stock include Andreas Opfermann, David P Strauss, Guillermo Bichara, John Panikar, Juergen Nowicki, Matthew J White, Oliver Pfann, Sanjiv Lamba, Sean Durbin and Stephen F Angel.
View institutional ownership trends
.

How do I buy shares of Linde?

Shares of LIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LIN) was last updated on 6/19/2024 by MarketBeat.com Staff

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