Linde Plc (NASDAQ:LIN) currently has a daily average trading volume of 2.43M but it saw 1972721 shares traded in last market. With a market cap of 214.99B USD, the company’s current market price of $448.21 came falling about -1.41 while comparing to the previous closing price of $454.61. 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 $445.5 while lowest mark touched by it was $457.81.
Taking a look at 20-day trading activity of Linde Plc (LIN) gives us an average price of $449.78, while its current price level is -8.06% below from 52-week high level whereas it is 9.68% 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 $456.24 while that of 200 days or SMA-200 reads an average of $453.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.13% during that period while stretching the period over a month that increases to 2.93%. 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 48.96 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 -0.61% down while it is -2.37% when we observe its performance for the past one month. Year-to-date it is 7.06% up and over the past year, the stock is showing an upside performance of 0.43%.
The company is expected to be releasing its next quarterly report on 2025-Feb-05, for which analysts forecasted an EPS of 3.92 while estimate for next year EPS is 16.47. In next quarter, company is expected to be making quarterly sales of $8.4B as analysts are expecting the sales for current fiscal year at $33.9B and seeing the company making $35.75B 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 87.54% 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 32.91 while having a 24.88 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 5.57 while price to sale or P/S ratio amounts to 6.51. Its return on asset (ROA) is 8.16% on average.
