Seaport Res Ptn Issues Pessimistic Outlook for APD Earnings

Air Products and Chemicals, Inc. (NYSE:APD - Free Report) - Analysts at Seaport Res Ptn lowered their Q1 2025 earnings estimates for Air Products and Chemicals in a research note issued on Monday, November 11th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings of $2.83 per share for the quarter, down from their previous forecast of $3.33. The consensus estimate for Air Products and Chemicals' current full-year earnings is $12.81 per share. Seaport Res Ptn also issued estimates for Air Products and Chemicals' Q2 2025 earnings at $3.12 EPS, Q3 2025 earnings at $3.30 EPS, Q4 2025 earnings at $3.60 EPS, FY2025 earnings at $12.85 EPS and FY2026 earnings at $14.20 EPS.

A number of other equities analysts have also recently commented on the stock. UBS Group lifted their target price on shares of Air Products and Chemicals from $307.00 to $345.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 15th. JPMorgan Chase & Co. reduced their price target on Air Products and Chemicals from $350.00 to $345.00 and set an "overweight" rating on the stock in a research report on Friday, November 8th. The Goldman Sachs Group increased their price objective on Air Products and Chemicals from $291.00 to $330.00 and gave the company a "buy" rating in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft lowered shares of Air Products and Chemicals from a "buy" rating to a "hold" rating and cut their price target for the stock from $310.00 to $280.00 in a report on Monday, July 22nd. Finally, Wells Fargo & Company upped their price objective on shares of Air Products and Chemicals from $280.00 to $330.00 and gave the company an "equal weight" rating in a research note on Friday, October 11th. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Air Products and Chemicals currently has an average rating of "Moderate Buy" and an average target price of $328.18.

Air Products and Chemicals Trading Up 0.5 %

Shares of APD traded up $1.64 during mid-day trading on Wednesday, reaching $312.76. The company's stock had a trading volume of 955,225 shares, compared to its average volume of 1,614,711. Air Products and Chemicals has a 52 week low of $212.24 and a 52 week high of $332.42. The stock has a market cap of $69.53 billion, a PE ratio of 18.20, a P/E/G ratio of 3.12 and a beta of 0.81. The company's fifty day moving average price is $302.98 and its two-hundred day moving average price is $278.62. The company has a current ratio of 1.52, a quick ratio of 1.34 and a debt-to-equity ratio of 0.72.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of APD. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its position in Air Products and Chemicals by 0.3% during the 3rd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 11,593 shares of the basic materials company's stock valued at $3,452,000 after purchasing an additional 34 shares during the last quarter. CX Institutional boosted its stake in Air Products and Chemicals by 2.6% during the 3rd quarter. CX Institutional now owns 1,343 shares of the basic materials company's stock valued at $400,000 after purchasing an additional 34 shares during the last quarter. Bank of Stockton lifted its holdings in shares of Air Products and Chemicals by 1.9% during the third quarter. Bank of Stockton now owns 1,813 shares of the basic materials company's stock valued at $540,000 after purchasing an additional 34 shares in the last quarter. Cape Investment Advisory Inc. boosted its position in shares of Air Products and Chemicals by 1.0% during the first quarter. Cape Investment Advisory Inc. now owns 3,740 shares of the basic materials company's stock valued at $906,000 after buying an additional 37 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in Air Products and Chemicals by 22.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 203 shares of the basic materials company's stock worth $60,000 after buying an additional 37 shares in the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.