$1.47M in average volume shows that Air Products & Chemicals Inc (APD) is heading in the right direction

Air Products & Chemicals Inc (NYSE: APD) kicked off on Tuesday, up 0.24% from the previous trading day, before settling in for the closing price of $333.97. Over the past 52 weeks, APD has traded in a range of $212.24-$336.42.

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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 6.83%. While this was happening, its average annual earnings per share was recorded 4.15%. With a float of $220.66 million, this company’s outstanding shares have now reached $222.37 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 32.5%, operating margin of 37.03%, and the pretax margin is 39.84%.

Air Products & Chemicals Inc (APD) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Air Products & Chemicals Inc is 0.77%, while institutional ownership is 89.54%. 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.

Air Products & Chemicals Inc (APD) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 2.82 earnings per share (EPS), lower than consensus estimate (set at 3) by -0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.20% during the next five years compared to 16.77% growth over the previous five years of trading.

Air Products & Chemicals Inc (NYSE: APD) Trading Performance Indicators

Take a look at Air Products & Chemicals Inc’s (APD) current performance indicators. Last quarter, stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.15.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.18, a number that is poised to hit 2.85 in the next quarter and is forecasted to reach 14.19 in one year’s time.

Technical Analysis of Air Products & Chemicals Inc (APD)

Compared to the last year’s volume of 1.62 million, its volume of 2.06 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 93.67%. Additionally, its Average True Range was 5.80.

During the past 100 days, Air Products & Chemicals Inc’s (APD) raw stochastic average was set at 98.14%, which indicates a significant increase from 95.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.91% in the past 14 days, which was lower than the 27.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $312.39, while its 200-day Moving Average is $270.13. Nevertheless, the first resistance level for the watch stands at $336.85 in the near term. At $338.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $342.15. If the price goes on to break the first support level at $331.55, it is likely to go to the next support level at $328.31. Should the price break the second support level, the third support level stands at $326.24.

Air Products & Chemicals Inc (NYSE: APD) Key Stats

The company with the Market Capitalisation of 74.45 billion has total of 222,314K Shares Outstanding. Its annual sales at the moment are 12,101 M in contrast with the sum of 3,828 M annual income. Company’s last quarter sales were recorded 3,188 M and last quarter income was 1,950 M.