Linde (NASDAQ:LIN – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 16.150-16.550 for the period, compared to the consensus EPS estimate of 16.820. The company issued revenue guidance of -. Linde also updated its Q1 2025 guidance to 3.850-3.950 EPS.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on LIN shares. Mizuho lifted their target price on shares of Linde from $520.00 to $530.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on Linde from $510.00 to $515.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Erste Group Bank restated a “hold” rating on shares of Linde in a report on Tuesday, November 19th. Citigroup cut their price target on Linde from $490.00 to $480.00 and set a “neutral” rating for the company in a report on Wednesday, December 18th. Finally, BMO Capital Markets increased their price objective on shares of Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $501.82.
Check Out Our Latest Report on LIN
Linde Stock Down 1.2 %
Linde (NASDAQ:LIN – Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The basic materials company reported $3.97 EPS for the quarter, topping analysts’ consensus estimates of $3.93 by $0.04. Linde had a net margin of 19.33% and a return on equity of 18.16%. On average, equities research analysts expect that Linde will post 15.45 EPS for the current year.
Insider Activity
In related news, Director Paula Rosput Reynolds bought 100 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were acquired at an average price of $441.34 per share, for a total transaction of $44,134.00. Following the completion of the acquisition, the director now owns 233 shares of the company’s stock, valued at approximately $102,832.22. The trade was a 75.19 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP David P. Strauss sold 2,218 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $434.35, for a total value of $963,388.30. Following the completion of the transaction, the vice president now owns 25,926 shares of the company’s stock, valued at approximately $11,260,958.10. This represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company’s stock.
Linde Company Profile
Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.
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