Air Products and Chemicals, Inc. (APD)
Market Cap | 65.60B |
Revenue (ttm) | 12.10B |
Net Income (ttm) | 3.83B |
Shares Out | 222.38M |
EPS (ttm) | 17.18 |
PE Ratio | 17.11 |
Forward PE | 22.89 |
Dividend | $7.08 (2.40%) |
Ex-Dividend Date | Jan 2, 2025 |
Volume | 1,078,788 |
Open | 292.91 |
Previous Close | 293.17 |
Day's Range | 292.51 - 297.35 |
52-Week Range | 212.24 - 337.00 |
Beta | 0.83 |
Analysts | Buy |
Price Target | 329.07 (+11.55%) |
Earnings Date | Feb 3, 2025 |
About APD
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. It also designs and manufa... [Read more]
Financial Performance
In 2024, APD's revenue was $12.10 billion, a decrease of -3.96% compared to the previous year's $12.60 billion. Earnings were $3.83 billion, an increase of 66.43%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for APD stock is "Buy." The 12-month stock price forecast is $329.07, which is an increase of 11.55% from the latest price.
News
Air Products Files Investor Presentation Highlighting Successful Two-Pillar Strategy to Deliver Superior Shareholder Value
The Company's Board and Management, Under Chairman and CEO Seifi Ghasemi's Leadership, Have Delivered Over $44 Billion in Shareholder Value Creation 1 Continues to Successfully Execute Two-Pillar Grow...
Mantle Ridge Releases Investor Presentation Highlighting Need for Change at Air Products and Chemicals, Inc.
Details Years of Operational Underperformance, Capital Allocation Missteps, Poor Project Execution, and Succession Planning Failures Explains How Air Products' Decade of Board-Led "Refreshment" Only D...
Air Products and Chemicals: Why This Dividend Aristocrat And Hydrogen Leader Is A Buy
Air Products and Chemicals excels in the industrial gases sector, with strong growth prospects in the hydrogen economy, making it a compelling growth pick. APD's robust balance sheet, strategic focus,...
Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value
Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "M...
Air Products Board of Directors Issues Letter to Shareholders Highlighting Company's Success and Addressing Mantle Ridge's Inaccurate Statements, Short-Sighted Campaign, and History of Value Destruction
Urges Shareholders to Vote "FOR" ONLY Air Products' Nominees on the WHITE Proxy Card LEHIGH VALLEY, Pa. , Dec. 13, 2024 /PRNewswire/ -- Air Products (NYSE:APD) Board of Directors today issued a letter...
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...
Mantle Ridge Files Definitive Proxy Statement and Sends Letter to Air Products and Chemicals Inc. Shareholders Highlighting Material Underperformance, Misguided Capital Allocation Strategy, and Succession Failures
Nominates Four Highly Qualified Director Nominees – Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley – to Air Products' Board of Directors Mantle Ridge Believes CEO Seifi Ghasemi's Insiste...
MANTLE RIDGE ISSUES STATEMENT
NEW YORK , Dec. 5, 2024 /PRNewswire/ -- Mantle Ridge LP ("Mantle Ridge"), which together with its affiliates beneficially owns more than $1 billion of Air Products and Chemicals Inc. (NYSE: APD) ("Air...
Air Products Highlights Successful Track Record of Delivering Significant Shareholder Value Through Disciplined Execution of Two-Pillar Growth Strategy
Files Definitive Proxy Statement and Issues Letter to Shareholders Urges Shareholders to Vote "FOR" ONLY Air Products' Nominees on the WHITE Proxy Card Launches voteairproducts.com for Additional Sha...
Air Products' Chairman, President and CEO Seifi Ghasemi to Speak at Goldman Sachs Industrials & Materials Conference on December 5
LEHIGH VALLEY, Pa. , Nov. 26, 2024 /PRNewswire/ -- Air Products (NYSE: APD) announced today that Chairman, President and CEO Seifi Ghasemi will speak at the Goldman Sachs Industrials & Materials Confe...
Air Products Declares Quarterly Dividend
LEHIGH VALLEY, Pa. , Nov. 21, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.77 per share of common stock.
Air Products Issues Statement
LEHIGH VALLEY, Pa. , Nov. 19, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today issued the following statement regarding the nomination of director candidates by Mantle Ridge for election to the Air ...
Exclusive: Mantle Ridge nominates new board for Air Products, pushes for new CEO
Mantle Ridge has nominated nine directors to replace the board at Air Products and Chemicals , with the activist investor pushing the industrial gases maker to name a new CEO, shift its capital alloca...
Air Products And Chemicals: 2 Strategies For A Dividend Champion (Technical Analysis)
Air Products and Chemicals is a high-quality industrial gases company with a strong balance sheet, consistent dividend growth, and a sustainability-driven growth strategy. Valuation analysis suggests ...
Air Products Announces Two New Independent Director Candidates as Part of Ongoing Board Refreshment
Bob Patel and Alfred Stern, seasoned executives with experience leading major publicly listed industrial companies, to stand for election at Air Products' 2025 Annual Meeting of Shareholders Patel, fo...
67 Aristocrats November Dividend Cornucopia Has 39 'Safer' And 2 Ideal Dogs
November's top-yielding Aristocrats include Franklin Resources, Amcor, Hormel, and Kenvue, meeting the dogcatcher ideal of dividends from $1K invested exceeding single share prices. Analysts forecast ...
Air Products and Chemicals: Mixed Results Offset By Lower Capital Spending (Rating Downgrade)
Shares of Air Products and Chemicals have shown mixed performance, with recent improvements driven by better results and activist pressure, but now appear fairly valued. APD's Q4 results showed a 13% ...
Air Products and Chemicals, Inc. (APD) Q4 2024 Earnings Call Transcript
Air Products and Chemicals, Inc. (NYSE:APD) Q4 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Eric Guter - IR Seifi Ghasemi - Chairman, President and CEO Melissa Schae...
Air Products Reports Fiscal 2024 Fourth Quarter GAAP EPS of $8.81 and Adjusted EPS of $3.56
Fiscal Year 2024 (comparisons versus prior year): GAAP EPS# of $17.24, up 67 percent; GAAP net income of $3.9 billion, up 65 percent; and GAAP net income margin of 31.9 percent, up 1,330 basis points ...
Air Products: A Low-Risk Bet On Clean Hydrogen Future
Air Products is a low-risk, cash-generating business that will benefit from soaring demand for clean hydrogen. Hydrogen is increasingly being adopted in industrial processes, the energy industry and t...
D.E. Shaw throws support to Mantle Ridge in Air Products board fight
Hedge fund D.E. Shaw shifted course in its campaign for change at industrial gases company Air Products and Chemicals and is now supporting a rival activist's efforts instead of pressing ahead with it...
ESG-Driven Green Hydrogen Risk At The Center Of Air Products Dispute
A growing controversy over the ESG-driven capital allocation strategies of industrial gas provider Air Products illustrates the sorts of challenges so many American companies face related to the energ...
D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products
Both activists want to address CEO succession planning and capital allocation at the company.
Air Products to Broadcast Fiscal Fourth Quarter Earnings Teleconference on November 7, 2024
LEHIGH VALLEY, Pa. , Oct. 14, 2024 /PRNewswire/ -- Air Products (NYSE:APD) will release its fiscal 2024 fourth quarter financial results prior to market open on Thursday, November 7, 2024 and will rev...