Air Products & Chemicals 주식 (NYSE: APD)

에 대한 최신 뉴스 Air Products & Chemicals (NYSE:APD) 주식

Air Products & Chemicals

Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.1 billion in revenue in fiscal 2024.

Analyst Color

Long Ideas

Markets

Analyst Ratings

Trading Ideas

AZEK

EVGO

PLUG

지속 가능한 투자가 2025년으로 향하는 엇갈린 신호에 직면함에 따라 일부 주식은 ESG 촉매제의 혜택을 받을 수 있는 좋은 위치에 있다. 2024년에 광범위한 지속가능 펀드가 시장 대비 저조한 성과를 보였지만, 녹색 성장 트렌드를 활용하는 주식에는 여전히 기회가 존재한다.

플러그 파워와 EV고는 JP모건의 2025년 지속 가능한 최고 투자 종목 중 하나

Air Products and Chemicals, Inc. Common Stock

Air Products & Chemicals Inc

Applied DNA Sciences, Inc. - Common Stock

Applied DNA Sciences Inc

Mantle Ridge beneficially owns approximately $1.3 billion of the outstanding common shares of Air Products and Chemicals.

News

Mantle Ridge Sends Letter To Air Products Shareholders; Urges Shareholders To Vote Blue Proxy Card

Air Products Board Urges Shareholders To Vote Shares 'For' Company's Nominees And Discard Any Blue Proxy Card Received From Mantle Ridge

Air Products Shareholder Mantle Ridge Says Board Refreshment Is Necessary; Urges Shareholders to Vote Blue Proxy Card For Its Four Director Nominees

Air Products Files Investor Presentation Highlighting Two-Pillar Strategy; Says Mantle Ridge's Proposed Nominees Would Remove Significant And Relevant Experience

Looking into the current session, Air Products &amp; Chemicals Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) shares are trading at $308.15, after a 1.33% drop. Over the past month, the stock fell by 6.05%, but over the past year, it actually increased by 13.07%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2024/1734370208_0.png" alt="Past Year Chart" />

<h3>A Look at Air Products &amp; Chemicals P/E Relative to Its Competitors</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Air Products &amp; Chemicals has a lower P/E than the aggregate P/E of 33.94 of the Chemicals industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1734370208_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

A Look Into Air Products & Chemicals Inc's Price Over Earnings

Urges Shareholders to Vote "FOR" ONLY Air Products' Nominees on the WHITE Proxy Card
LEHIGH VALLEY, Pa., Dec. 13, 2024 /PRNewswire/ -- Air Products (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) Board of Directors today issued a letter to shareholders containing important information for shareholders to consider in connection with its upcoming 2025 Annual Meeting of Shareholders (the "Annual Meeting"), which will be held at 8:30 a.m. U.S. Eastern Time on January 23, 2025. All Air Products shareholders of record as of the close of business on November 27, 2024 will be entitled to vote at the Annual Meeting. Shareholders should visit <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4324801-1&amp;h=1285970000&amp;u=http%3A%2F%2Fwww.voteairproducts.com%2F&amp;a=voteairproducts.com">voteairproducts.com</a>&nbsp;for additional information on voting.

Management

Air Products Board 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

In the current session, the stock is trading at $322.44, after a 0.73% spike. Over the past month, Air Products &amp; Chemicals Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) stock increased by 3.64%, and in the past year, by 20.61%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1733755523_0.png" alt="Past Year Chart" />

<h3>Comparing Air Products &amp; Chemicals P/E Against Its Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Air Products &amp; Chemicals has a lower P/E than the aggregate P/E of 34.85 of the Chemicals industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1733755523_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Price Over Earnings Overview: Air Products & Chemicals

Mantle Ridge Issues Statement Addressing Air Products' Board Restructuring Plan, Proposing Replacement Of Four Directors, Addition Of Four Independents, And CEO Transition To Strengthen Future Leadership Amid Reports Of Stock Decline Following Activist Withdrawal

As sustainable investing faces mixed signals heading into 2025, select stocks are well-positioned to <a href="https://www.benzinga.com/topic/esg">benefit from ESG</a> catalysts. 
While broader sustainable funds underperformed the market in 2024, opportunities still exist in stocks that are tapping into green growth trends. 
JPMorgan analysts say these stocks are poised to benefit from macro tailwinds as sustainable investing continues to evolve.
<h2 class="wp-block-heading">Electric Vehicles, Charging Networks: EVgo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>)</h2>
According to JPMorgan, the electric vehicle (EV) boom is far from over, and EVgo stands to capitalize on it. As the adoption of EVs continues to rise, EVgo's charging network is set to see more traffic, driving revenue growth. With an expanding customer base and supportive government policies pushing for increased charging infrastructure, EVgo is poised for solid growth in 2025.
JPMorgan analysts are bullish on the stock, and with the EV sector gaining momentum, EVgo is expected to be one of the top ESG picks.
<h2 class="wp-block-heading">Green Energy and Hydrogen: Plug Power Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>)</h2>
Plug Power is another key player in the clean energy sector. The company's focus on hydrogen fuel cells positions it well for a significant revenue inflection in 2025, especially with the anticipated finalization of the IRA 45V production tax credit guidance. This could unlock stalled projects, particularly electrolyzers, that would drive higher revenue growth. 
According to JPMorgan, Plug Power's strategic positioning in green energy solutions, combined with potential tax incentives, makes it an exciting pick for ESG-focused investors looking to benefit from the green transition.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41744222/plug-powers-20-billion-revenue-ambition-faces-obstacles-analyst-says">Plug Power&#8217;s $20 Billion Revenue Ambition Faces Obstacles, Analyst Says</a>
<h2 class="wp-block-heading">Building Materials &amp; Green Construction: TopBuild Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLD#NYSE">BLD</a>)</h2>
The building materials sector is seeing a shift toward sustainability, and TopBuild is set to benefit. New U.S. Department of Housing and Urban Development (HUD) regulations coming into effect in 2025 will require single-family and low-rise multi-family homes to meet stricter energy efficiency standards. TopBuild, as a distributor and installer of insulation, is well-positioned to benefit from these changes. 
JPMorgan analysts note that with green building demand on the rise, TopBuild's exposure to sustainable construction trends offers solid long-term growth potential.
<h2 class="wp-block-heading">Recycled Materials &amp; Eco-Friendly Products: The AZEK Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>)</h2>
AZEK is making moves in the building products sector with a focus on sustainability. The company's increased use of recycled PVC and PE materials in its products aligns with the growing demand for eco-friendly construction materials. With green building trends on the rise, AZEK's commitment to sustainability positions it to gain market share in 2025 and beyond. 
JPMorgan highlights AZEK as a solid choice for investors looking to tap into the demand for green building solutions.
<h2 class="wp-block-heading">Green Hydrogen: Air Products &amp; Chemicals Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>)</h2>
For investors seeking exposure to large-scale green energy projects, Air Products &amp; Chemicals is one to watch. The company is involved in several high-profile green hydrogen initiatives, including the NEOM project in Saudi Arabia and a blue hydrogen facility in Louisiana. With demand for clean hydrogen expected to surge in the coming years, APD's ability to scale its projects and secure long-term contracts could drive substantial earnings growth. 
JPMorgan analysts believe that while there may be short-term volatility, APD is poised for strong long-term performance in the ESG space.
<h2 class="wp-block-heading">ESG Catalysts Ahead In 2025</h2>
While sustainable funds struggled in 2024, several key stocks are primed to benefit from macro trends in 2025, according to JPMorgan.
From EV charging networks to green hydrogen and eco-friendly construction, these stocks are tapping into growth areas with strong ESG catalysts. 
As long as performance continues to drive these sectors forward, JPMorgan analysts believe ESG-focused investors have much to look forward to in the year ahead.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/24/11/41926301/sustainable-investment-under-trump-performance-matters-far-more-than-politics-jpmorgan-analyst-says">Sustainable Investment Under Trump: &#8216;Performance Matters Far More Than Politics,&#8217; JPMorgan Analyst Says</a></li>
</ul>
Photo: Shutterstock

Plug Power, EVgo Among JPMorgan's Top Sustainable Picks For 2025

WIIM

Air Products & Chemicals shares are trading higher after UBS upgraded the stock from Neutral to Buy.

UBS analyst Joshua Spector upgrades Air Products &amp; Chemicals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) from Neutral to Buy and announces $375 price target.

Upgrades

Price Target

UBS Upgrades Air Products & Chemicals to Buy, Announces $375 Price Target

BMO Capital analyst John McNulty maintains Air Products &amp; Chemicals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) with a Outperform and raises the price target from $323 to $350.

BMO Capital Maintains Outperform on Air Products & Chemicals, Raises Price Target to $350

Air Products &amp; Chemicals's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) short percent of float has fallen 19.19% since its last report. The company recently reported that it has 3.54 million shares sold short, which is 1.6% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.61 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Air Products &amp; Chemicals Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731598213_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Air Products &amp; Chemicals has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Air Products &amp; Chemicals's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Air Products &amp; Chemicals's peer group average for short interest as a percentage of float is 3.12%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into Air Products & Chemicals's Recent Short Interest

12 analysts have shared their evaluations of Air Products &amp; Chemicals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $341.25, a high estimate of $365.00, and a low estimate of $281.00. Marking an increase of 9.41%, the current average surpasses the previous average price target of $311.91. 
<img src="https://www.benzinga.com/files/images/story/2024/1731355219_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A clear picture of Air Products &amp; Chemicals's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Patrick Cunningham</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$365.00</td>
<td>$345.00</td>
</tr>
<tr>
<td>Duffy Fischer</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$315.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Jeffrey Zekauskas</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$345.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Colin Isaac</td>
<td>Redburn Atlantic</td>
<td>Announces</td>
<td>Neutral</td>
<td>$330.00</td>
<td>-</td>
</tr>
<tr>
<td>Jeffrey Zekauskas</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$350.00</td>
<td>$340.00</td>
</tr>
<tr>
<td>Joshua Spector</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$345.00</td>
<td>$307.00</td>
</tr>
<tr>
<td>Michael Sison</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$330.00</td>
<td>$280.00</td>
</tr>
<tr>
<td>Christopher Parkinson</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$360.00</td>
<td>$308.00</td>
</tr>
<tr>
<td>Patrick Cunningham</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$345.00</td>
<td>$330.00</td>
</tr>
<tr>
<td>Laurence Alexander</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$364.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Stephen Richardson</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$365.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Joshua Spector</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$281.00</td>
<td>$276.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Air Products &amp; Chemicals. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Air Products &amp; Chemicals compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Air Products &amp; Chemicals's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Air Products &amp; Chemicals's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/APD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Air Products &amp; Chemicals analyst ratings.</a>
<h2>About Air Products &amp; Chemicals</h2>
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.1 billion in revenue in fiscal 2024.
<h3>A Deep Dive into Air Products &amp; Chemicals's Financials</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Air Products &amp; Chemicals displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 6.77%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Materials sector.
Net Margin: Air Products &amp; Chemicals's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 61.17%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Air Products &amp; Chemicals's ROE excels beyond industry benchmarks, reaching 12.13%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 5.09%, the company showcases effective utilization of assets.
Debt Management: Air Products &amp; Chemicals's debt-to-equity ratio is below the industry average. With a ratio of 0.87, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Expectations For Air Products & Chemicals's Future

Citigroup analyst Patrick Cunningham maintains Air Products &amp; Chemicals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) with a Buy and raises the price target from $345 to $365.

Citigroup Maintains Buy on Air Products & Chemicals, Raises Price Target to $365

Barclays analyst Duffy Fischer maintains Air Products &amp; Chemicals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) with a Equal-Weight and raises the price target from $295 to $315.

Barclays Maintains Equal-Weight on Air Products & Chemicals, Raises Price Target to $315

JP Morgan analyst Jeffrey Zekauskas maintains Air Products &amp; Chemicals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) with a Overweight and lowers the price target from $350 to $345.

JP Morgan Maintains Overweight on Air Products & Chemicals, Lowers Price Target to $345

Air Products &amp; Chemicals Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) reported <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41800447/air-products-reports-fiscal-2024-fourth-quarter-gaap-eps-of-8-81-and-adjusted-eps-of-3-56" rel="noreferrer noopener">fourth-quarter 2024</a> adjusted EPS of $3.56, beating the consensus of $3.48.
Quarterly sales reached $3.187 billion, a slight 0.10% year-over-year decline, missing the $3.21 billion consensus, as volume and price gains were offset by lower energy cost pass-through.
Sales by segments: Americas $1.307 billion (-3% YoY), Europe $730.9 million (+3% YoY), and Asia $861.2 million (+7% YoY).
Operating income for the quarter rose to $2.424 billion from $738.6 million a year ago, and the margin expanded to 76.1%, up from 23.1% a year ago.
Adjusted EBITDA rose 12% YoY to $1.4 billion, with margins expanding 460 basis points to 44.1%. Air Products&#8217; operating cash flow for the fiscal totaled $3.646 billion, up from $3.205 billion in 2023.
Fiscal 2024 sales declined 4% YoY to $12.10 billion, while adjusted EPS rose 8% to $12.43.
Q1 Guidance: Air Products expects Adjusted EPS of $2.75 to $2.85 versus the consensus of $3.20.
2025 Guidance: Air Products sees Adjusted EPS of $12.70-$13.00 versus a consensus of $12.33 and a capital expenditures outlook of $4.5 billion &#8211; $5.0 billion.
Air Products Chairman, President, and Chief Executive Officer Seifi Ghasemi commented, &#8220;We also completed the strategic divestiture of the LNG business at the end of September, demonstrating our commitment to our core industrial gas business while providing clean hydrogen at scale to serve significant demand in the heavy transportation and industrial sectors.&#8221;
&#8220;Air Products also continues to generate strong and steady cash flow that supports disciplined capital allocation and our long history of returning cash to shareholders. This year, we expect to pay out approximately $1.6 billion in dividends to our shareholders.&#8221;
Price Action: APD shares are trading higher by 3.33% at $316.93 at the last check Thursday.

Earnings

Guidance

Air Products Reports Mixed Q4 With EPS Gains, Revenue Miss, And Solid Cash Flow

Air Products Said Not Forecasting Any Significant Growth In Q1 2025 Due To Concerns About The Economic Activity In China - Conf Call

Air Products Sees FY25 Adj. EPS $12.70-$13.00 Vs $12.33 Estimate; Sees Q1 2025 Adj. EPS $2.75-$2.85 Vs $3.20 Estimate

Mantle Ridge LP, which, together with its affiliates, beneficially owns approximately $1.3B of the outstanding common shares of Air Products (APD) ...

Mantle Ridge urges Air Products shareholders to vote the blue proxy card

Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean energy...

Charged: Tesla upgraded to Buy on auto growth, stabilizing margins

Can 2025 spark a turnaround for S&P 500 materials sector after negative annual returns?

In a report released yesterday, Michael Sison from Wells Fargo maintained a Hold rating on Air Products and Chemicals (APD – Research Report). The ...

Wells Fargo Sticks to Their Hold Rating for Air Products and Chemicals (APD)

Air Products (APD)' Board of Directors issued the following statement: "Air Products is executing on a rigorous CEO succession plan, announced long...

Air Products' board says 'executing on a rigorous CEO succession plan'

Buy 1 January S&P 500 Dividend Aristocrat Out Of 38 'Safer'

Air Products (APD)' board issued the following statement in response to Mantle Ridge's Shareholder letter, issued: "Mantle Ridge is proposing that ...

Air Products issues statement in response to Mantle Ridge

Mantle Ridge, which owns 1.3B of Air Products (APD) and Chemicals, sent a letter to the company's shareholders "highlighting the critical sector ex...

Air Products holder Mantle Ridge sends letter to holders over board picks

Activist investor pushes for new leadership, board overhaul at Air Products

Air Products (APD)' board of directors sent a letter to shareholders in connection with its upcoming 2025 Annual Meeting of Shareholders, in which ...

Air Products calls Mantle Ridge claims 'misleading'

AIQUY

AMCR

CTVA

GOEV

KVUE

LCID

RIVN

TROW

TSLA

XPEV

Press Releases

Mantle Ridge Releases Investor Presentation Highlighting Need for Change at Air Products and Chemicals, Inc.

Commodities

Air Products Files Investor Presentation Highlighting Successful Two-Pillar Strategy to Deliver Superior Shareholder Value

The D. E. Shaw Group Releases Open Letter to the Board of Directors of Air Products and Chemicals

Mantle Ridge Issues Shareholder Letter: Restoring Integrity is Necessary for Air Products and Chemicals, Inc. to Recover and Return to Prosperity

Mantle Ridge Releases Video Series Introducing Shareholder Nominees and Outlining Solutions for Challenges and Underperformance at Air Products and Chemicals, Inc.

Air Products Board of Directors Reiterates Deliberate Succession Planning Process, Superior Quality of its Board Candidates, and Strong Financial Performance

Mantle Ridge Issues Shareholder Letter Outlining the Path Forward for Air Products and Chemicals, Inc.

Air Products' Board of Directors Issues Response to Mantle Ridge

It's Time for a Fresh Start at Air Products: Mantle Ridge Sends Letter to Air Products and Chemicals, Inc. Shareholders

Air Products Sends Letter to Shareholders Correcting Mantle Ridge's Falsehoods and Misleading Claims

Albemarle

Arcadium Lithium

Avient

Axalta Coating Systems Ltd. Common Shares

Axalta Coating Sys

Balchem

Cabot

Celanese

CF Industries Holdings, Inc. Common Stock

CF Industries Holdings

Corteva

DuPont de Nemours

Ecolab

Eastman Chemical

Element Solutions

International Flavors & Fragrances, Inc. Common Stock

Intl Flavors & Fragrances

Mosaic

NewMarket

Olin

PPG Indus

RPM Intl

Sherwin-Williams Company (The) Common Stock

Sherwin-Williams

Scotts Miracle-Gro Company (The) Common Stock

Scotts Miracle Gro

Sociedad Quimica y Minera S.A. Common Stock

Sociedad Quimica Y Minera

Westlake

BMO Capital

Citigroup

Barclays

JP Morgan

지속 가능한 투자가 2025년으로 향하는 엇갈린 신호에 직면함에 따라 일부 주식은 <a href="https://www.benzinga.com/topic/esg" target="_blank" rel="noopener" data-google-interstitial="false">ESG 촉매제의 혜택</a>을 받을 수 있는 좋은 위치에 있다.
2024년에 광범위한 지속가능 펀드가 시장 대비 저조한 성과를 보였지만, 녹색 성장 트렌드를 활용하는 주식에는 여전히 기회가 존재한다.
JP모건의 애널리스트들은 지속 가능한 투자가 계속 발전함에 따라 이들 주식이 거시적 순풍으로부터 이익을 얻을 준비가 되어 있다고 말했다.
<h2 class="wp-block-heading">전기차 및 충전 네트워크: EV고 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>)</h2>
JP모건에 따르면 전기차(EV) 붐은 아직 끝나지 않았으며, EV고는 이를 활용할 수 있는 위치에 있다. 전기차의 채택이 계속 증가함에 따라 EV고의 충전 네트워크는 더 많은 트래픽을 보게 되어 매출 성장이 촉진된다. 고객 기반의 확장과 충전 인프라 확대를 위한 정부 정책의 지원으로 인해 EV고는 2025년에 견고한 성장을 할 준비가 되어 있다.
JP모건의 애널리스트들은 주식에 대해 긍정적이며, 전기차 부문이 모멘텀을 얻으면서 EV고가 최고의 ESG 선택 중 하나가 될 것으로 예상하고 있다.
<h2 class="wp-block-heading">청정 에너지 및 수소: 플러그 파워 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>)</h2>
플러그 파워는 청정 에너지 분야의 또 다른 주요 플레이어이다. 이 회사의 수소 연료 전지에 대한 집중은 2025년 중대한 매출 반등을 위한 좋은 위치를 제공한다. 특히 IRA 45V 생산세액공제 가이드라인의 최종화가 예상됨에 따라, 지연된 프로젝트, 특히 전해조가 재개될 수 있어 매출 성장이 증가할 것이다.
JP모건에 따르면, 플러그 파워의 전략적 위치와 잠재적 세금 인센티브는 녹색 전환의 혜택을 누리려는 ESG 중심 투자자들에게 흥미로운 선택으로 만든다.
추가 읽기: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41744222/plug-powers-20-billion-revenue-ambition-faces-obstacles-analyst-says">플러그 파워의 200억 달러 매출 야망이 장애물에 직면했다고 애널리스트가 말했다</a>
<h2 class="wp-block-heading">건축 자재 및 친환경 건설: 탑빌드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLD#NYSE">BLD</a>)</h2>
건축 자재 분야는 지속 가능성을 향한 변화가 일어나고 있으며, 탑빌드는 이로부터 혜택을 볼 준비가 되어 있다. 2025년부터 시행될 새로운 미국 주택도시개발부(HUD) 규정은 단독주택과 저층 다세대 주택이 더 엄격한 에너지 효율 기준을 충족해야 한다. 탑빌드는 단열재의 유통 및 설치업체로서 이러한 변화로부터 혜택을 볼 수 있는 좋은 위치에 있다.
JP모건의 애널리스트들은 친환경 건축 수요가 증가함에 따라 탑빌드의 지속 가능한 건설 트렌드에 대한 노출이 장기적인 성장 잠재력을 제공한다고 언급한다.
<h2 class="wp-block-heading">재활용 자재 및 친환경 제품: 더 아젝 컴퍼니 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>)</h2>
아젝은 건축 자재 분야에서 지속 가능성에 중점을 두고 움직이고 있다. 이 회사가 제품에 재활용 PVC 및 PE 재료의 사용을 확대하는 것은 친환경 건축 자재에 대한 수요 증가와 일치한다. 친환경 건축 트렌드가 상승함에 따라 아젝의 지속 가능성에 대한 약속은 2025년 이후로 시장 점유율을 확보할 수 있는 위치에 있다.
JP모건은 아젝을 친환경 건축 솔루션에 대한 수요를 활용하고자 하는 투자자들에게 확실한 선택으로 강조한다.
<h2 class="wp-block-heading">녹색 수소: 에어 프로덕츠 앤 케미컬스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>)</h2>
대규모 녹색 에너지 프로젝트에 대한 노출을 원하는 투자자라면 에어 프로덕츠 앤 케미컬스을 주목해야 한다. 이 회사는 사우디 아라비아의 네옴(NEOM) 프로젝트와 루이지애나의 블루 수소 시설을 포함한 여러 고프로필 그 수소 이니셔티브에 참여하고 있다. 향후 청정 수소에 대한 수요가 급증할 것으로 예상됨에 따라 APD의 프로젝트 확장 능력과 장기 계약 확보 능력은 상당한 수익 성장으로 이어질 수 있다.
JP모건의 애널리스트들은 단기적인 변동성이 있을 수 있지만, APD는 ESG 분야에서 강력한 장기 성과를 위한 준비가 되어 있다고 믿고 있다.
<h2 class="wp-block-heading">2025년 ESG 촉매제 전망</h2>
지속 가능한 펀드가 2024년에 어려움을 겪은 반면, 몇 가지 주요 주식들은 2025년의 매크로 트렌드로부터 혜택을 받을 준비가 되어 있다고 JP모건이 밝혔다.
전기차 충전 네트워크에서 녹색 수소 및 친환경 건설에 이르기까지, 이러한 주식들은 강력한 ESG 촉매제가 있는 성장 분야에 진입하고 있다.
성능이 이러한 부문을 앞으로 나아가게 하는 한, JP모건의 애널리스트들은 ESG 중심 투자자들이 다가오는 해에 기대할 것이 많다고 믿고 있다.

다음 읽기: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/24/11/41926301/sustainable-investment-under-trump-performance-matters-far-more-than-politics-jpmorgan-analyst-says">트럼프 하의 지속 가능한 투자: &#8216;성과가 정치보다 훨씬 중요하다&#8217; &#8211; JP모건 애널리스트</a></li>
</ul>
사진: Shutterstock

Comments

Air Products & Chemicals

뉴스

에 대한 최신 뉴스 Air Products & Chemicals (NYSE:APD) 주식

금요일, 11월 29, 2024

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌