Air Products Stock Tumbles on Weak Profit Forecast
Key Takeaways Air Products and Chemicals shares tumbled Friday after the company's earnings outlook for the current quarter missed expectations.The gas supplier's results for the first quarter of fiscal 2025 were roughly in line with analysts' estimates.
Air Products & Chemicals Inc. stock underperforms Friday when compared to competitors
This was the stock's fourth consecutive day of losses.
Air Products plunges after weak Q2 guidance, J.P. Morgan downgrade
Air Products and Chemicals (NYSE:APD) -5.1% in Friday's trading, a day after reporting Q1 adjusted earnings and revenues that were roughly in line with estimates but guiding Q1 earnings well below Wall Street expectations,
Air Products and Chemicals: Fiscal Q1 Earnings Snapshot
For the current quarter ending in March, Air Products and Chemicals expects its per-share earnings to range from $2.75 to $2.85. The company expects full-year earnings in the range of $12.70 to $13 per share.
Air Products & Chemicals Inc. stock underperforms Thursday when compared to competitors
This was the stock's third consecutive day of losses.
JPMorgan cuts Air Products stock rating, target to $320
JPMorgan analysts downgraded Air Products & Chemicals Inc. (NYSE:APD) stock from 'Overweight' to 'Neutral' and lowered the price target to $320 from the previous $345. The downgrade is attributed to potential risks in the company's earnings growth due to a stabilization of industrial gas prices and adverse currency effects.
Air Products and Chemicals: Questionable Capital Allocation Surrounding Clean Hydrogen Projects
Air Products & Chemicals is a top industrial gas producer but faces challenges with clean hydrogen projects and capital ...
Air Products and Chemicals, Inc. (NYSE:APD) Given Average Recommendation of “Moderate Buy” by Brokerages
Shares of Air Products and Chemicals, Inc. (NYSE:APD – Get Free Report) have earned a consensus recommendation of “Moderate ...
Air Products and Chemicals (APD): New Buy Recommendation for This Basic Materials Giant
In a report released today, John Roberts CFA from Mizuho Securities maintained a Buy rating on Air Products and Chemicals (APD – Research ...
Air Liquide: An Industrial Gas Compounder Trading At Fair Value
Air Liquide is the second-largest industrial gas producer globally, only behind Linde, but ahead of Air Products & Chemical ...
U.S. Capital Wealth Advisors LLC Grows Stock Holdings in Air Products and Chemicals, Inc. (NYSE:APD)
U.S. Capital Wealth Advisors LLC raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 2 ...
Air Products price target raised to $365 from $350 at Wells Fargo
Wells Fargo raised the firm’s price target on Air Products (APD) to $365 from $350 and keeps an Overweight rating on the shares. The firm notes ...
Air Products 1Q Net Up Modestly as Company Books Shareholder Activism Costs
The Lehigh Valley, Pa., provider of essential industrial gasses and chemicals posted earnings of $617.4 million, or $2.77 a share, for the quarter ended Dec. 31, up from $609.3 million, or $2.73 a ...
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Air Products names Eduardo Menezes CEO
Seifi Ghasemi is out as the CEO of Air Products and Chemicals less than 2 weeks after losing control of the board at the ...