Linde Plc (NASDAQ:LIN) currently has a daily average trading volume of 2.41M but it saw 2210621 shares traded in last market. With a market cap of 214.35B USD, the company’s current market price of $453.26 came rising about 0.46 while comparing to the previous closing price of $451.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $487.49 and as low as $410.69. In the recent trading on the day, stock has struck highest price mark of $447.5 while lowest mark touched by it was $455.348.
Taking a look at 20-day trading activity of Linde Plc (LIN) gives us an average price of $461.40, while its current price level is -7.02% below from 52-week high level whereas it is 10.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $446.58 while that of 200 days or SMA-200 reads an average of $451.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.96% during that period while stretching the period over a month that decreases to 1.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.22 which implies that the stock is in neutral territory.
Mizuho upgraded its recommendation for the stock as a “Buy” from “Neutral” on April 18, 2024 while assigning a price target of $510. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $475 and $500.
Over the week, LIN’s stock price is moving -2.77% down while it is -1.62% when we observe its performance for the past one month. Year-to-date it is 8.26% up and over the past year, the stock is showing a downside performance of -3.45%.
The company is expected to be releasing its next quarterly report on 2025-Feb-05, for which analysts forecasted an EPS of 3.91 while estimate for next year EPS is 16.52. In next quarter, company is expected to be making quarterly sales of $8.43B as analysts are expecting the sales for current fiscal year at $33.98B and seeing the company making $35.92B in sales next year. Moreover, analysts are in estimates of $8.24B for current-quarter revenue.
Currently, Linde Plc’s total number of outstanding shares is 473.24M with 0.22% of that held by the insiders while 87.72% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 12.11% and return on equity (ROE) at 16.87%. It has a price to earnings ratio (P/E ratio) of 33.28 while having a 24.99 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 5.63 while price to sale or P/S ratio amounts to 6.49. Its return on asset (ROA) is 8.16% on average.
