Air Products & Chemicals Inc. (NYSE: APD) on Friday, soared 1.01% from the previous trading day, before settling in for the closing price of $328.77. Within the past 52 weeks, APD’s price has moved between $212.24 and $329.03.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 9.52%. The company achieved an average annual earnings per share of 7.13%. With a float of $220.60 million, this company’s outstanding shares have now reached $222.20 million.
Considering the fact that the conglomerate employs 23000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 31.67%, operating margin of 23.1%, and the pretax margin is 26.1%.
Air Products & Chemicals Inc. (APD) Insider Activity
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Air Products & Chemicals Inc. is 0.77%, while institutional ownership is 88.41%. The most recent insider transaction that took place on Dec 05 ’23, was worth 28,327. In this transaction VP, Controller & PAO of this company sold 107 shares at a rate of $264.74, taking the stock ownership to the 1,270 shares. Before that another transaction happened on Nov 13 ’23, when Company’s Chairman, Pres. and CEO bought 11,000 for $264.42, making the entire transaction worth $2,908,620. This insider now owns 670,673 shares in total.
Air Products & Chemicals Inc. (APD) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 7.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to 8.70% growth over the previous five years of trading.
Air Products & Chemicals Inc. (NYSE: APD) Trading Performance Indicators
Air Products & Chemicals Inc. (APD) is currently performing well based on its current performance indicators. A quick ratio of 1.10 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.51, a number that is poised to hit 3.47 in the next quarter and is forecasted to reach 13.40 in one year’s time.
Technical Analysis of Air Products & Chemicals Inc. (APD)
Compared to the last year’s volume of 1.63 million, its volume of 1.46 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 98.09%. Additionally, its Average True Range was 6.01.
During the past 100 days, Air Products & Chemicals Inc.’s (APD) raw stochastic average was set at 99.92%, which indicates a significant increase from 99.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.60% in the past 14 days, which was higher than the 29.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $289.54, while its 200-day Moving Average is $261.18. Nevertheless, the first resistance level for the watch stands at $333.50 in the near term. At $334.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $337.63. If the price goes on to break the first support level at $329.37, it is likely to go to the next support level at $326.64. Should the price break the second support level, the third support level stands at $325.24.
Air Products & Chemicals Inc. (NYSE: APD) Key Stats
Market capitalization of the company is 73.83 billion based on 222,306K outstanding shares. Right now, sales total 12,600 M and income totals 2,300 M. The company made 2,986 M in profit during its latest quarter, and 696,600 K in sales during its previous quarter.
