Linde plc (NYSE:LIN) has a beta of 0.77, a 12-month trailing P/E ratio of 55.78, and a growth ratio of 4.76. The stock’s Relative Strength Index (RSI) is 59.83, with weekly volatility at 2.68% and ATR at 6.10. The LIN stock’s 52-week price range has touched low of $146.71 and a $274.58 high. Its shares traded higher over the last trading session, gaining 3.41% on 03/09/21. The shares fell to a low of $258.02 before closing at $262.34. Intraday shares traded counted 2.81 million, which was -57.03% lower than its 30-day average trading volume of 1.79M. LIN’s previous close was $253.68 while the outstanding shares total 524.44M.
Investors have identified the Specialty Chemicals company Linde plc as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $135.93 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Linde plc (LIN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For LIN, the company has in raw cash 3.75 billion on their books with 4.0 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 10.92 billion total, with 13.74 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 10.27 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on LIN sounds very interesting.
Is the stock of LIN attractive?
In related news, Director, Fehrenbach Franz bought 493 shares of the company’s stock in a transaction that recorded on Feb 26. The purchase was performed at an average price of 245.94, for a total value of 121,248. As the purchase deal closes, the Principal Accounting Officer, Hoyt Kelcey E now sold 2,559 shares of the company’s stock, valued at 643,991. Also, Executive VP EMEA Gases, Menezes Eduardo F sold 23,256 shares of the company’s stock in a deal that was recorded on Nov 09. The shares were cost at an average price of 263.12 per share, with a total market value of 6,119,174. Following this completion of disposal, the Chief Executive Officer, ANGEL STEPHEN F now holds 56,000 shares of the company’s stock, valued at 14,722,960. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
20 out of 31 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on Linde plc. 0 analysts has assigned a Sell rating on the LIN stock. The 12-month mean consensus price target for the company’s shares has been set at $293.89.