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Company Update: Air Products & Chemicals Inc (NYSE:APD) – Air Products’ Second Integrated Oxy-fuel Solution for Techpack Solutions in Korea Now Onstream

[PR Newswire] – LEHIGH VALLEY, Pa., June 27, 2016 /PRNewswire/ — Air Products (NYSE: APD), a leader in oxy-fuel combustion technology and integrated solutions to the global glass industry , recently commissioned and … Read more on this. Air Products and Chemicals, Inc. (APD) , with a current value of $29.17B, opened this morning at $138.95. Today’s price range has been between $134.85 and $139.51 per share with a trailing 52-week range being $114.64 to $152.16. Air Products (APD) shares are currently priced at 18.73x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.61x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $3.44 per share annually in dividends, yielding 2.46%. In a review of the consensus earnings estimate this quarter, 16 sell-side analysts are looking at $1.91 per share, which would be $0.26 better than the year-ago quarter and a $0.01 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $7.48 would be a $0.91 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 $2.41 Billion. If realized, that would be a 2.43% decrease over the year-ago quarter. Recently, Deutsche Bank downgraded APD from Buy to Hold (Apr 4, 2016). Previously, KeyBanc Capital Mkts upgraded APD from Sector Weight to Overweight. The average price target for APD shares by the analysts covering the stock is $156.06, which is 12.31% above where the stock opened this morning. See more in (NYSE:APD) Similar Articles: Company Update: Air Products & Chemicals Inc (NYSE:APD) – Air Products Declares Quarterly Dividend Company Update: Air Products & Chemicals Inc (NYSE:APD) – Air Products to Feature Industrial Gases and Technologies to Help Improve Foundry Operations at CastExpo 2016 Company Update: Air Products & Chemicals Inc (NYSE:APD) – Chemicals – Major Diversified Stocks Review — The Dow Chemical, Huntsman, Air Products and Chemicals, and Praxair
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