Air Products and Chemicals (NYSE:APD) Releases Q1 Earnings Guidance

Air Products and Chemicals (NYSE:APD) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $2.86 for the period, compared to the consensus earnings per share estimate of $2.85. Air Products and Chemicals also updated its Q1 2025 guidance to 2.860-2.860 EPS.

Air Products and Chemicals Trading Down 0.3 %

NYSE APD opened at $307.07 on Thursday. Air Products and Chemicals has a one year low of $212.24 and a one year high of $337.00. The firm has a market cap of $68.29 billion, a PE ratio of 17.87, a P/E/G ratio of 3.13 and a beta of 0.84. The firm’s fifty day moving average is $309.35 and its two-hundred day moving average is $293.39. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.34 and a current ratio of 1.52.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Thursday, January 2nd will be given a dividend of $1.77 per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $7.08 dividend on an annualized basis and a yield of 2.31%. Air Products and Chemicals’s payout ratio is 41.21%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on APD shares. JPMorgan Chase & Co. decreased their price target on Air Products and Chemicals from $350.00 to $345.00 and set an “overweight” rating for the company in a report on Friday, November 8th. UBS Group raised shares of Air Products and Chemicals from a “neutral” rating to a “buy” rating and set a $375.00 target price on the stock in a report on Monday, November 18th. Wells Fargo & Company raised shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $330.00 to $350.00 in a report on Tuesday. BMO Capital Markets lifted their price objective on Air Products and Chemicals from $323.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. Finally, Mizuho increased their target price on Air Products and Chemicals from $308.00 to $360.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 9th. Seven research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $332.71.

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.