Linde Plc (NASDAQ:LIN) currently has a daily average trading volume of 2.44M but it saw 4230315 shares traded in last market. With a market cap of 204.24B USD, the company’s current market price of $431.88 came falling about -3.16 while comparing to the previous closing price of $445.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $487.49 and as low as $408.65. In the recent trading on the day, stock has struck highest price mark of $427.095 while lowest mark touched by it was $444.525.
Taking a look at 20-day trading activity of Linde Plc (LIN) gives us an average price of $453.94, while its current price level is -11.41% below from 52-week high level whereas it is 5.68% 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 $457.16 while that of 200 days or SMA-200 reads an average of $453.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.36% during that period while stretching the period over a month that decreases to 2.71%. 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 40.94 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 -7.56% down while it is -4.28% when we observe its performance for the past one month. Year-to-date it is 3.16% up and over the past year, the stock is showing a downside performance of -5.69%.
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 16.5. In next quarter, company is expected to be making quarterly sales of $8.42B as analysts are expecting the sales for current fiscal year at $33.98B and seeing the company making $35.91B in sales next year. Moreover, analysts are in estimates of $8.25B for current-quarter revenue.
Currently, Linde Plc’s total number of outstanding shares is 473.24M with 0.23% of that held by the insiders while 87.69% 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 31.71 while having a 23.88 of forward P/E ratio. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 5.37 while price to sale or P/S ratio amounts to 6.19. Its return on asset (ROA) is 8.16% on average.
