Stock Update: Air Products & Chemicals Inc (NYSE:APD) – Air Products’ Materials Technologies to Increase Prices for Electronics Offerings

[PR Newswire] – LEHIGH VALLEY, Pa., Dec. 15, 2015 /PRNewswire/ — Air Products’ (NYSE: APD) Materials Technologies segment today announced that, effective immediately or as contracts permit, it will increase prices globally … Read more on this. Air Products and Chemicals, Inc. (APD) , with a current value of $28.27B, began trading this morning at $130.07. Looking at today’s market, APD one day range is $129.92 to $131.38 with its 52-week range being $123.66 to $158.20. Air Products (APD) shares are currently priced at 17.93x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 11.80x earnings multiple for the same period. The company pays shareholders $3.24 per share in dividend income per year, for a current yield of 2.48%. According to a consensus of 16 analysts, the earnings estimate of $1.71 per share would be $0.16 better than the year-ago quarter and a $0.10 sequential decrease. The full-year EPS estimate is $7.39 which would be a $0.82 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.45 Billion. If realized, that would be a 4.30% decrease over the year-ago quarter. In terms of ratings, Global Hunter Securities upgraded APD from Neutral to Accumulate (Aug 4, 2015). Previously, Global Hunter Securities Initiated APD at to Neutral. The average price target for APD shares by the analysts covering it is $154.25, which is 18.59% above where the stock opened. See more in (NYSE:APD) Similar Articles: Company Update: Air Products & Chemicals Inc (NYSE:APD) – Versum Materials is the selected name for the Materials Technologies Business spin-off of Air Products Company Update: Air Products & Chemicals Inc (NYSE:APD) – Air Products’ CEO to Address Morgan Stanley Global Chemicals and Agriculture Conference on 10 November Stock Update: Air Products & Chemicals Inc (NYSE:APD) – Air Products Launches New InuMax Advanced Retinol Delivery System at the California SCC Suppliers Day 2015