Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.
NYSE:PX

Praxair (PX) Stock Price, News & Analysis

Praxair logo

About Praxair Stock (NYSE:PX)

Advanced Chart
Remove Ads

Key Stats

Today's Range
$13.21
$13.42
50-Day Range
$3.23
$164.50
52-Week Range
$7.08
$14.28
Volume
630,464 shs
Average Volume
562,629 shs
Market Capitalization
$1.32 billion
P/E Ratio
74.19
Dividend Yield
1.18%
Price Target
$15.00
Consensus Rating
Moderate Buy

Company Overview

Praxair, Inc. produces and distributes industrial gases. It operates through five segments: North America, Europe, South America, Asia, and Surface Technologies. The company 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. It also supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders to the aircraft, energy, printing, primary metals, petrochemical, textile, and other industries. In addition, the company offers electric arc, plasma and wire spray, and high-velocity oxy-fuel equipment; and distributes hardgoods and welding equipment purchased from independent manufacturers. It serves various industries, such as healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment. Praxair, Inc. was founded in 1907 and is headquartered in Danbury, Connecticut.

Remove Ads

Praxair Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
75th Percentile Overall Score

PX MarketRank™: 

Praxair scored higher than 75% of companies evaluated by MarketBeat, and ranked 391st out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Praxair has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Praxair has only been the subject of 3 research reports in the past 90 days.

  • Read more about Praxair's stock forecast and price target.
  • Earnings Growth

    Earnings for Praxair are expected to grow by 19.35% in the coming year, from $0.93 to $1.11 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Praxair is 74.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.78.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Praxair is 74.19, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.86.

  • Price to Book Value per Share Ratio

    Praxair has a P/B Ratio of 3.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.41% of the float of Praxair has been sold short.
  • Short Interest Ratio / Days to Cover

    Praxair has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Praxair has recently decreased by 4.23%, indicating that investor sentiment is improving.
  • Dividend Yield

    Praxair pays a meaningful dividend of 1.08%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Praxair does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Praxair is 87.51%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Praxair will have a dividend payout ratio of 12.61% next year. This indicates that Praxair will be able to sustain or increase its dividend.

  • Read more about Praxair's dividend.
  • Percentage of Shares Shorted

    2.41% of the float of Praxair has been sold short.
  • Short Interest Ratio / Days to Cover

    Praxair has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Praxair has recently decreased by 4.23%, indicating that investor sentiment is improving.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Praxair this week, compared to 0 articles on an average week.
  • Search Interest

    Only 1 people have searched for PX on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Praxair to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Praxair insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,033,176.00 in company stock.

  • Percentage Held by Insiders

    24.52% of the stock of Praxair is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    48.05% of the stock of Praxair is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Praxair's insider trading history.
Receive PX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Praxair and its competitors with MarketBeat's FREE daily newsletter.

PX Stock News Headlines

Elon Warns: Exec Order 14024 Targets Dollar
Executive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth, your savings, and your retirement. When the dollar collapses, your savings could disappear overnight. With Trump threatening Russia with more sanctions, Russia is rushing to finalize their BRICS payment system aimed to destroy the U.S dollar.
P10, Inc. (PX) Q4 2024 Earnings Call Transcript
See More Headlines

PX Stock Analysis - Frequently Asked Questions

Praxair, Inc. (NYSE:PX) released its quarterly earnings results on Wednesday, February, 12th. The basic materials company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.27. Praxair had a net margin of 6.52% and a trailing twelve-month return on equity of 30.28%.

Praxair's board authorized a stock buyback program on Thursday, February 29th 2024, which allows the company to buy back $40,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 3.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Praxair (PX) raised $300 million in an IPO on Thursday, October 21st 2021. The company issued 20,000,000 shares at $14.00-$16.00 per share.

Top institutional investors of Praxair include Driehaus Capital Management LLC (0.94%), Geode Capital Management LLC (0.85%), Caz Investments LP (0.59%) and Bank of New York Mellon Corp (0.14%). Insiders that own company stock include 210 Capital, Llc, Edwin A Poston, Alexander I Abell, David M Mccoy, Michael Feinglass, Richard J Jensen, Charles K Huebner Trust, Andrew Rowan Nelson and Nell M Blatherwick.
View institutional ownership trends
.

Based on aggregate information from My MarketBeat watchlists, some other companies that Praxair investors own include Meta Platforms (META), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Advanced Micro Devices (AMD), Chevron (CVX) and Visa (V).

Company Calendar

Last Earnings
2/12/2025
Record date for 3/20 Dividend
2/28/2025
Ex-Dividend for 3/20 Dividend
2/28/2025
Dividend Payable
3/20/2025
Today
3/28/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Investment advice
Sub-Industry
Industrial Gases
Current Symbol
NYSE:PX
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$21.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+26.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Trailing P/E Ratio
74.19
Forward P/E Ratio
12.76
P/E Growth
N/A
Net Income
$19.67 million
Pretax Margin
7.52%

Debt

Sales & Book Value

Annual Sales
$296.45 million
Cash Flow
$1.06 per share
Price / Cash Flow
11.18
Book Value
$3.66 per share
Price / Book
3.24

Miscellaneous

Free Float
84,253,000
Market Cap
$1.32 billion
Optionable
Optionable
Beta
0.86
Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report

This page (NYSE:PX) was last updated on 3/28/2025 by MarketBeat.com Staff
From Our Partners