Linde (NASDAQ:LIN) Issues Q1 2025 Earnings Guidance

Linde (NASDAQ:LIN - Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.850-3.950 for the period, compared to the consensus EPS estimate of 3.970. The company issued revenue guidance of -. Linde also updated its FY 2025 guidance to 16.150-16.550 EPS.

Analysts Set New Price Targets

LIN has been the subject of a number of recent analyst reports. TD Cowen raised shares of Linde from a "hold" rating to a "buy" rating and increased their target price for the company from $480.00 to $515.00 in a research report on Monday, January 13th. BMO Capital Markets increased their price objective on shares of Linde from $477.00 to $507.00 and gave the stock an "outperform" rating in a research report on Friday, November 1st. Citigroup dropped their target price on shares of Linde from $490.00 to $480.00 and set a "neutral" rating on the stock in a report on Wednesday, December 18th. Erste Group Bank reiterated a "hold" rating on shares of Linde in a report on Tuesday, November 19th. Finally, Mizuho boosted their price objective on Linde from $520.00 to $530.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Linde presently has an average rating of "Moderate Buy" and a consensus price target of $501.82.

Linde Stock Up 1.3 %

LIN stock traded up $5.94 during trading on Monday, reaching $460.99. 1,046,300 shares of the stock were exchanged, compared to its average volume of 2,320,039. The firm's 50 day moving average is $434.36 and its 200 day moving average is $453.66. The firm has a market cap of $219.50 billion, a P/E ratio of 33.87, a price-to-earnings-growth ratio of 2.89 and a beta of 0.94. The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 0.39. Linde has a twelve month low of $410.69 and a twelve month high of $487.49.

Linde (NASDAQ:LIN - Get Free Report) last issued its earnings results on Thursday, February 6th. The basic materials company reported $3.97 earnings per share for the quarter, topping analysts' consensus estimates of $3.93 by $0.04. Linde had a return on equity of 18.71% and a net margin of 19.89%. As a group, research analysts forecast that Linde will post 16.55 EPS for the current year.

Insider Buying and Selling at Linde

In other news, VP David P. Strauss sold 2,218 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $434.35, for a total value of $963,388.30. Following the completion of the sale, the vice president now owns 25,926 shares in the company, valued at $11,260,958.10. This represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Guillermo Bichara sold 4,385 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $460.73, for a total transaction of $2,020,301.05. Following the completion of the sale, the vice president now owns 22,776 shares of the company's stock, valued at approximately $10,493,586.48. This trade represents a 16.14 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.60% of the company's stock.

Linde Company Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.