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.
Several price targets were given for APD by the analysts covering the stock. The highest price target was 167, which equates to a potential upside of 16.7 percent. The most pessimistic price target was 136, which equates to a potential downside of -4.96 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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.
Another thing investors often look at is the level of agreement among analysts' 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. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
APD has an estimated earnings growth rate of -3 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of APD is -7.54.
In the last 52-weeks, APD has achieved a high of 150.45 and a low of 129.00. Currently the stock is 10.93 percent higher than its low, and below the high by 4.89 percent. 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.