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LIN

BASIC MATERIALS

Linde plc Ordinary Shares

AI Stock Analysis· Bullish
Jun 22 · 7:39 PM ET

Linde plc Ordinary Shares (LIN) is currently trading at $516.71, reflecting a modest gain of 0.89% today. The stock exhibits a bullish sentiment with a BUY signal supported by a confidence level of 79%. Technical indicators show a Relative Strength Index (RSI) of 55.2, suggesting the stock is neither overbought nor oversold. The stock is trading above its 20-day simple moving average (SMA) of $510.32 and its 50-day SMA of $506.17, indicating a positive short-term trend. The MACD stands at 3.42, with a signal line at 2.95 and a histogram at 0.47, reinforcing bullish momentum. Despite being near recent Nasdaq highs, Linde has held key support levels, indicating steady trading conditions.

From a fundamental perspective, Linde's financials present a compelling growth narrative. The company boasts an impressive revenue growth rate of 8.2% quarter-over-quarter and a staggering 297.2% year-over-year. The earnings per share (EPS) is reported at $15.06, with a quarter-over-quarter EPS growth of 13.4%. The gross margin is exceptionally high at 4333.0%, while the operating margin stands at 2629.0%, reflecting operational efficiency. The current price-to-earnings (P/E) ratio of 34.0 and a forward P/E of 28.6 suggest that the stock is valued for its growth potential, particularly given the analyst consensus of 4 strong buys, 17 buys, 5 holds, and only 1 sell. Analysts have set a target price of $545.44, indicating a potential upside from current levels.

Looking ahead, while Linde's next earnings report is not scheduled within the next 30 days, investors should be vigilant about any changes in revenue acceleration or margin compression as these could impact future performance. The recent news regarding the 3D Printing Gases market suggests potential avenues for growth, and market analysts remain supportive of Linde’s outlook. A key element to monitor will be how Linde navigates market dynamics in the specialty chemicals sector, particularly as it relates to maintaining its impressive revenue growth trajectory.

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52-Week Range

$385.26$525.87

$519.42

Fundamentals

Market Cap$236.8B
P/E Ratio34.0
EPS$15.06
Dividend Yield1.18%
Dividend / Share$6.10
ROE18.2%
Profit Margin20.4%
Debt / Equity

Trading

Volume458K
Avg Volume (10D)
Shares Outstanding462.3M

LIN News

135 articles

Price Data

Open$523.88
Previous Close$516.71
Day High$523.88
Day Low$508.73
52 Week High$525.87
52 Week Low$385.26

About Linde plc Ordinary Shares

Linde plc is a multinational chemical company. It is the largest industrial gas company by market share and revenue. It serves customers in the healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, electronics and water treatment industries. The company's primary business is the manufacturing and distribution of atmospheric gases, including oxygen, nitrogen, argon, rare gases, and process gases, including carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

65.2K employees
Listed June 1, 1992
BASIC MATERIALSSPECIALTY CHEMICALS

Company Details

Security TypeCommon Stock
ExchangeNASDAQ
CurrencyUSD
Round Lot
SICSPECIALTY CHEMICALS
CIK
Composite FIGI
Share Class FIGI