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.
Many analysts weighed in on price targets for APD. The most optimistic analyst gave a price target of 167, which equates to a potential upside of 16.7 percent. The minimum price target given was 136, which equates to a potential downside of -4.96 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.31 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.23 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.08 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
APD has an estimated earnings growth rate of -3 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of APD is -7.54.
APD has a 52-week high of 150.45 and a 52-week low of 129.00. The current market price is above the trailing year's low by 10.93 percent, and below the high by 4.89 percent. APD has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.