Breaking News Bar

Business News and Information

Market Update (NYSE:APD): Air Products to Broadcast Second Quarter Earnings Teleconference on April 28

[PR Newswire] – LEHIGH VALLEY, Pa., March 29, 2016 /PRNewswire/ — Air Products ( NYSE:APD ) will release its fiscal 2016 second quarter financial results on Thursday, April 28, 2016 before the stock market opens and will … Read more on this. Air Products and Chemicals, Inc. (APD) , valued at $31.28B, started the session at $142.25. Shares have traded today between $141.53 and $145.97 per share with its 52-week range being $114.64 to $154.11. APD shares are currently priced at 19.29x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.71x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $3.24 per share annually in dividends, yielding 2.29%. According to a consensus of 16 analysts, the earnings estimate of $1.80 per share would be $0.25 better than the year-ago quarter and a $0.04 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $7.42 would be a $0.85 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.38 Billion. If realized, that would be a 1.24% decrease over the year-ago quarter. More recently, KeyBanc Capital Mkts upgraded APD from Sector Weight to Overweight (Jan 11, 2016). Previously, Citigroup downgraded APD from Buy to Neutral. The average price target for APD shares by the analysts covering it is $148.76, which is 4.58% above where the stock opened. See more in (NYSE:APD) Similar Articles: Market Update: Air Products & Chemicals Inc (NYSE:APD) – Air Products Receives PED Certification for New Biogas Membrane Separators Company Update (NYSE:APD): Air Products to Broadcast First Quarter Earnings Teleconference on January 29 Market Update: Air Products & Chemicals Inc (NYSE:APD) – Air Products to Broadcast Fourth Quarter Earnings Teleconference on October 29
Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
bottom clear