How Have the Numbers Shaped Up for Linde (NYSE:LIN)


Earnings results for Linde (NYSE:LIN)

Linde plc is expected* to report earnings on 11/05/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.97. The reported EPS for the same quarter last year was $1.94.

Linde last issued its quarterly earnings data on July 30th, 2020. The basic materials company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.65 by $0.25. The business had revenue of $6.38 billion for the quarter, compared to the consensus estimate of $6.26 billion. Linde has generated $7.34 earnings per share over the last year and currently has a price-to-earnings ratio of 55.5. Linde has confirmed that its next quarterly earnings report will be published on Thursday, November 5th, 2020.

Analyst Opinion on Linde (NYSE:LIN)

24 Wall Street analysts have issued ratings and price targets for Linde in the last 12 months. Their average twelve-month price target is $237.12, predicting that the stock has a possible upside of 0.78%. The high price target for LIN is $300.00 and the low price target for LIN is $185.00. There are currently 5 hold ratings and 19 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Linde has received a consensus rating of Buy. The company’s average rating score is 2.79, and is based on 19 buy ratings, 5 hold ratings, and no sell ratings. According to analysts’ consensus price target of $237.12, Linde has a forecasted upside of 0.8% from its current price of $235.29. Linde has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Linde (NYSE:LIN)

Linde pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends. Linde has been increasing its dividend for 28 years. The dividend payout ratio of Linde is 52.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Linde will have a dividend payout ratio of 43.16% next year. This indicates that Linde will be able to sustain or increase its dividend.

Insiders buying/selling: Linde (NYSE:LIN)

In the past three months, Linde insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,719.00 in company stock. Only 0.70% of the stock of Linde is held by insiders. 73.90% of the stock of Linde is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Linde (NYSE:LIN

Earnings for Linde are expected to grow by 14.36% in the coming year, from $7.80 to $8.92 per share. The P/E ratio of Linde is 55.49, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.26. The P/E ratio of Linde is 55.49, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.73. Linde has a PEG Ratio of 2.68. PEG Ratios above 1 indicate that a company could be overvalued. Linde has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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