Streetbeat News

APD

Air Products and Chemicals, Inc.

https://www.airproducts.com

Industry

Chemicals - Specialty

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas; specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, gasification, metals, manufacturing, food and beverage, electronics, magnetic resonance imaging, energy production and refining, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals, Inc. has a strategic collaboration with Baker Hughes Company to develop hydrogen compression systems. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.

Open

315.47

Mkt cap

70B

Volume

1.1M

High

317.42

P/E Ratio

18.38

52-wk high

332.43

Low

314.06

Div yield

0.02

52-wk low

212.24

Earnings reports for February 5, 2024, include a mix of expected profits and losses across various sectors. Notable companies like McDonald's, Tyson Foods, and Caterpillar are among those reporting, with a range of earnings per share and revenue projections.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 10:20 am

Air Products & Chemicals (NYSE:APD) is scheduled to release its quarterly earnings report on February 5, 2024, with an estimated EPS of $3.00. Historical data shows a positive correlation between earnings beats and stock price increases. Last quarter, APD beat the EPS estimate by $0.03, leading to a 2.15% stock price increase. Over the past year, APD shares have declined by 8.29%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 2:01 pm

Air Products & Chemicals (NYSE:APD) has seen a 19.28% increase in short interest since its last report, with 2.19 million shares sold short, representing 0.99% of its float. It would take about 2.22 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, APD has less short interest compared to its peers' average of 3.02%. The rise in short interest does not necessarily predict a stock price decline.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:30 pm

Air Products (APD) has announced an increase in its quarterly dividend from $1.75 to $1.77 per share, marking a continuation of the company's commitment to providing shareholder value through dividend payouts.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:30 pm

Over the past 20 years, Air Products & Chemicals (NYSE:APD) has delivered an average annual return of 8.68%, outperforming the market. A $1000 investment in APD 20 years ago would be worth $5,220.30 today. The company currently has a market cap of $59.58 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm

Air Products & Chemicals (NYSE:APD) has seen a 17.28% increase in short interest since the last report, with 2.11 million shares sold short, representing 0.95% of available shares. The average time to cover these short positions is 1.32 days. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. APD's short interest is below its peer group average of 2.84%.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:15 pm

Over the past 15 years, Air Products & Chemicals (NYSE:APD) has delivered an average annual return of 13.08%, outperforming the market. A $100 investment in APD 15 years ago would be worth $642.38 today. The company's current market capitalization stands at $60.56 billion.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 5:00 pm

Air Products & Chemicals (NYSE:APD) has seen a 6.58% increase in short interest since its last report, with 1.80 million shares sold short, representing 0.81% of available shares. The short interest is lower than the peer group average of 2.87%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 1:30 pm

Over the past 20 years, Air Products & Chemicals (NYSE:APD) has produced an average annual return of 8.85%, outperforming the market by 1.4% annually. A $1000 investment in APD 20 years ago would be worth $5,526.29 today. The company's current market capitalization is $58.50 billion.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 8:00 pm

Over the past 20 years, Air Products & Chemicals (NYSE:APD) has produced an average annual return of 9.6%, outperforming the market. A $100 investment in APD 20 years ago would be worth $625.02 today. The company currently has a market cap of $61.55 billion.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 9:00 pm

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