Is Air Products and Chemicals a good stock to buy?
Is Air Products and Chemicals a good stock to buy?
Air Products and Chemicals stock has dropped almost $100 in stock price. With tremendous stock appreciation and a strong dividend history, APD is a perfect stock to buy especially if you have no exposure to the chemicals/gas part of the stock market.
Will APD stock go up?
Stock Price Forecast The 20 analysts offering 12-month price forecasts for Air Products and Chemicals Inc have a median target of 285.00, with a high estimate of 345.00 and a low estimate of 255.00. The median estimate represents a +15.77% increase from the last price of 246.17.
Are Air Products publicly traded?
Air Products and Chemicals, Inc. is an American international corporation whose principal business is selling gases and chemicals for industrial uses….Air Products.
| Type | Public company |
|---|---|
| Total equity | US$12.443 billion (2020) |
| Number of employees | 19,275 (2020) |
| Website | airproducts.com |
Why is APD stock down?
Shares of Air Products & Chemicals (APD 3.36%) were down 10% on Wednesday afternoon after the company reported earnings that fell short of expectations. The company expects issues to continue into 2021, and that is weighing on the stock today.
Should I invest in APD?
The financial health and growth prospects of APD, demonstrate its potential to perform inline with the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.
Should you buy APD stock Stockinvest?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Air Products and Chemicals Inc stock to perform well in the short-term.
Is Air Products a Fortune 500 company?
Air Products is awarded a 12-year $287 million contract from NASA to supply liquid hydrogen to the United States’ new space shuttle program. The company makes the Fortune 500 listing on the strength of $1 billion in sales.
Who bought Air Products?
Evonik Industries AG
Air Products (NYSE: APD), a world-leading industrial gases company, announced today it has completed the sale of its Performance Materials Division (PMD) to Evonik Industries AG (EVK.DE) for $3.8 billion in cash.
Is APD a buy or sell?
Out of 14 analysts, 7 (50%) are recommending APD as a Strong Buy, 1 (7.14%) are recommending APD as a Buy, 6 (42.86%) are recommending APD as a Hold, 0 (0%) are recommending APD as a Sell, and 0 (0%) are recommending APD as a Strong Sell. What is APD’s earnings growth forecast for 2022-2024?
Does APD produce hydrogen?
The leading producer of hydrogen is Air Products and Chemicals APD +1.81% (ticker: APD), a chemicals company based in Allentown, Pa., that has operations worldwide.
Who are Air Products competitors?
Air Products competitors include The Linde Group, Air Liquide, Praxair and Airgas. Air Products ranks 1st in Overall Culture Score on Comparably vs its competitors.
