Air Products & Chemicals (APD) Receives Daily Media Sentiment Rating of 3.33

Media headlines about Air Products & Chemicals (NYSE:APD) have trended very positive this week, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Air Products & Chemicals earned a news impact score of 3.33 on their scale. InfoTrie also gave news stories about the basic materials company an news buzz score of 6 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock’s share price in the immediate future.

Here are some of the news stories that may have impacted Air Products & Chemicals’ analysis:

Shares of APD stock opened at $159.18 on Friday. Air Products & Chemicals has a 52-week low of $148.44 and a 52-week high of $175.17. The company has a market capitalization of $34.55 billion, a price-to-earnings ratio of 21.37, a price-to-earnings-growth ratio of 1.63 and a beta of 1.08. The company has a current ratio of 2.17, a quick ratio of 2.00 and a debt-to-equity ratio of 0.30.

Air Products & Chemicals (NYSE:APD) last announced its quarterly earnings data on Tuesday, November 6th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $0.01. Air Products & Chemicals had a net margin of 16.77% and a return on equity of 15.30%. The firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.31 billion. During the same period last year, the firm earned $1.76 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. As a group, equities analysts anticipate that Air Products & Chemicals will post 8.19 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 11th. Shareholders of record on Wednesday, January 2nd will be paid a $1.10 dividend. The ex-dividend date is Monday, December 31st. This represents a $4.40 dividend on an annualized basis and a yield of 2.76%. Air Products & Chemicals’s payout ratio is presently 59.06%.

Several research firms have recently weighed in on APD. BMO Capital Markets set a $200.00 price objective on shares of Air Products & Chemicals and gave the stock a “buy” rating in a report on Thursday, November 8th. Citigroup decreased their price target on shares of Air Products & Chemicals from $200.00 to $181.00 and set a “buy” rating on the stock in a research note on Tuesday, November 13th. Deutsche Bank increased their price target on shares of Air Products & Chemicals from $190.00 to $192.00 and gave the company a “buy” rating in a research note on Tuesday, August 14th. Zacks Investment Research raised shares of Air Products & Chemicals from a “sell” rating to a “hold” rating and set a $181.00 price target on the stock in a research note on Monday, July 30th. Finally, ValuEngine raised shares of Air Products & Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, November 16th. Fifteen research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of $190.08.

In other news, Chairman Seifi Ghasemi purchased 20,000 shares of Air Products & Chemicals stock in a transaction dated Monday, November 12th. The shares were bought at an average cost of $160.11 per share, with a total value of $3,202,200.00. Following the completion of the transaction, the chairman now directly owns 408,652 shares in the company, valued at approximately $65,429,271.72. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.37% of the company’s stock.

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About Air Products & Chemicals

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, electronics and performance materials, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, argon, and rare gases; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including metals, glass, chemical processing, electronics, energy production and refining, food processing, metallurgical, medical, and general manufacturing.

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