Linde Plc (NASDAQ: LIN) kicked off on Friday, up 0.85% from the previous trading day, before settling in for the closing price of $457.12. Over the past 52 weeks, LIN has traded in a range of $396.07-$487.49.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Basic Materials sector company grew by 21.33% over the past five years. While this was happening, its average annual earnings per share was recorded 9.00%. With a float of $467.82 million, this company’s outstanding shares have now reached $482.45 million.
Let’s look at the performance matrix of the company that is accounted for 66323 employees. In terms of profitability, gross margin is 48.81%, operating margin of 22.4%, and the pretax margin is 22.16%.
Linde Plc (LIN) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Linde Plc is 1.75%, while institutional ownership is 82.84%. The most recent insider transaction that took place on Sep 10 ’24, was worth 4,639,069. In this transaction Executive VP, APAC of this company sold 10,025 shares at a rate of $462.75, taking the stock ownership to the 17,584 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Officer proposed sale 10,025 for $462.75, making the entire transaction worth $4,639,088.
Linde Plc (LIN) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 3.59 earnings per share (EPS), higher than consensus estimate (set at 3.5) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.97% during the next five years compared to -0.81% drop over the previous five years of trading.
Linde Plc (NASDAQ: LIN) Trading Performance Indicators
Take a look at Linde Plc’s (LIN) current performance indicators. Last quarter, stock had a quick ratio of 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.70. Likewise, its price to free cash flow for the trailing twelve months is 44.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.18, a number that is poised to hit 3.95 in the next quarter and is forecasted to reach 16.98 in one year’s time.
Technical Analysis of Linde Plc (LIN)
Linde Plc (NASDAQ: LIN) saw its 5-day average volume 2.34 million, a positive change from its year-to-date volume of 1.85 million. As of the previous 9 days, the stock’s Stochastic %D was 90.65%. Additionally, its Average True Range was 5.88.
During the past 100 days, Linde Plc’s (LIN) raw stochastic average was set at 50.82%, which indicates a significant decrease from 93.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.96% in the past 14 days, which was lower than the 13.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $467.52, while its 200-day Moving Average is $453.44. Nevertheless, the first resistance level for the watch stands at $463.07 in the near term. At $465.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $468.64. If the price goes on to break the first support level at $457.50, it is likely to go to the next support level at $454.01. Assuming the price breaks the second support level, the third support level stands at $451.93.
Linde Plc (NASDAQ: LIN) Key Stats
The company with the Market Capitalisation of 221.36 billion has total of 476,158K Shares Outstanding. Its annual sales at the moment are 32,854 M in contrast with the sum of 6,199 M annual income. Company’s last quarter sales were recorded 8,356 M and last quarter income was 1,550 M.
