Air Products and Chemicals (NYSE:APD) Issues FY25 Earnings Guidance

Air Products and Chemicals (NYSE:APD) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $12.70-13.00 for the period, compared to the consensus earnings per share estimate of $13.35. Air Products and Chemicals also updated its FY 2025 guidance to 12.700-13.000 EPS.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wells Fargo & Company boosted their price objective on Air Products and Chemicals from $280.00 to $330.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. BMO Capital Markets boosted their price target on shares of Air Products and Chemicals from $300.00 to $323.00 and gave the stock an “outperform” rating in a research note on Monday, August 5th. Jefferies Financial Group upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating and raised their price objective for the company from $295.00 to $364.00 in a research report on Monday, October 7th. Barclays upped their target price on shares of Air Products and Chemicals from $290.00 to $295.00 and gave the stock an “equal weight” rating in a research report on Monday, August 5th. Finally, UBS Group raised their price target on Air Products and Chemicals from $307.00 to $345.00 and gave the company a “neutral” rating in a research report on Tuesday, October 15th. Nine investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and an average target price of $326.12.

Air Products and Chemicals Stock Up 2.6 %

NYSE:APD traded up $7.91 during mid-day trading on Thursday, reaching $314.64. The company’s stock had a trading volume of 242,894 shares, compared to its average volume of 1,605,724. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $69.95 billion, a PE ratio of 26.58, a price-to-earnings-growth ratio of 3.25 and a beta of 0.81. The stock has a fifty day moving average of $300.16 and a 200-day moving average of $276.13. Air Products and Chemicals has a 1 year low of $212.24 and a 1 year high of $332.42.

About Air Products and Chemicals

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.