Is Air Products & Chemicals Inc. (NYSE: APD) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Air Products to Broadcast Fiscal Second Quarter Earnings Teleconference on April 30, 2024.

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Stocks Info

Air Products & Chemicals Inc. is listed on the NYSE in the Basic Materials sector while operating in the Specialty Chemicals industry. The current market capitalization of Air Products & Chemicals Inc. is $54.11B. A total of 0.85 million shares were traded on the day, compared to an average of 1.82M shares.

In the most recent transaction, Kutz Jeffrey sold 107 shares of APD for 264.74 per share on Dec 05 ’23. After the transaction, the VP, Controller & PAO now owns 1,270 company shares. In a previous transaction on Nov 13 ’23, Ghasemi Seifi bought 11,000 shares at 264.42 per share. APD shares that Chairman, Pres. and CEO owns now total 670,673.

Among the insiders who bought shares, Ghasemi Seifi acquired of 10,000 shares on Nov 08 ’23 at a per-share price of $252.34. This resulted in the Chairman, Pres. and CEO holding 659,673 shares of APD after the transaction.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Air Products & Chemicals Inc. pays an annual dividend of $7.02, resulting in a dividend yield of 2.88%, and it has a price to earnings (P/E) ratio of 23.28. APD’s most recent ex-dividend date was 3/28/2024 when it declared a $1.77 quarterly dividend that was paid in cash on 5/13/2024. Previously, the company paid the dividend on 2/12/2024 with an ex-dividend date of 12/29/2023. The APD stock dividend was $1.75 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, APD has a high of $307.71 and a low of $212.24.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. APD’s latest balance sheet shows that the firm has $5.80B in Cash & Short Term Investments as of fiscal 2021. There were $8.22B in debt and $2.80B in liabilities at the time. Its Book Value Per Share was $66.90, while its Total Shareholder’s Equity was $14.09B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for APD is Buy with a score of 3.90.

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