Analyst Ratings for Air Products & Chemicals Inc. (APD)Updated: 2017-07-28
An average rating of Overweight has been given to Air Products & Chemicals Inc. (NYSE:APD) by analysts covering the stock. APD had previously received a consensus rating of Overweight a month ago.
Of the 19 analysts covering the stock, 11 gave it a buy rating, 0 gave an overweight rating, 5 gave a hold rating, 1 gave an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 2 in the number of analysts with a negative outlook on the stock.
APD was given price targets by several analysts. The maximum price target given was 167, implying potential capital gains of 16.7 percent. The most pessimistic price target was 136, which equates to a potential downside of -4.96 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.31 percent on average, compared to last month. That number becomes -1.23 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.08 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of APD's earnings is estimated by analysts to be -3 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. APD has a PEG ratio of -7.54.
In the last 52-weeks, APD has achieved a high of 150.45 and a low of 129.00. The current market price is above the trailing year's low by 10.93 percent, and 4.89 percent lower than its 52-week high. APD has a P/E ratio of 22.62. Investors typically compare the P/E ratio to a company's peers in the industry. The APD value stock report compares APD to some of its peers using value stock charts. The stock has a market capitalization of $31.28 billion. APD will post this quarters earnings in days, on 0000-00-00.