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.
Investment analysts gave a few price targets for APD. The most optimistic price target was 167, which equates to a potential upside of 16.7 percent. The minimum price target given was 136, implying a possible loss of -4.96 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.31 percent. The average change in earnings estimates over the last 90 days is -1.23 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.08 percent in FY estimates.
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. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. APD has a PEG ratio of -7.54.
In the trailing 52-weeks, APD hit 150.45 at the highest peak, while it's lowest trading point was 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 market cap of APD is $31.28 billion. APD's next earnings release will be on 0000-00-00, which is days away.