Air Products and Chemicals (APD) is a Top-Ranked Value Stock: Should You Buy?
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Air Products and Chemicals (APD)
Pennsylvania-based Air Products and Chemicals Inc. makes industrial gases as well as a variety of polymer and performance chemicals. It also supplies processing equipment. Air Products' reporting segments are as follows:
APD boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Air Products and Chemicals are trading at a forward earnings multiple of 20.8X, as well as a PEG Ratio of 1.9, a Price/Cash Flow ratio of 15.3X, and a Price/Sales ratio of 4.8X.
Many value investors pay close attention to a company's earnings as well. For APD, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.11 to $12.98 per share for 2024. Per share APD boasts an average earnings surprise of 1.1%.
Investors should take the time to consider APD for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Air Products and Chemicals, Inc. (APD) : Free Stock Analysis Report
