LIN - Linde plc

NYSE - NYSE Delayed Price. Currency in USD
+8.72 (+4.10%)
At close: 4:00PM EDT

221.28 0.00 (0.00%)
After hours: 4:33PM EDT

Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Gap Up

Gap Up

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
Previous Close212.56
Bid210.00 x 1000
Ask221.29 x 800
Day's Range219.47 - 224.32
52 Week Range146.71 - 227.85
Avg. Volume2,743,854
Market Cap116.213B
Beta (5Y Monthly)0.76
PE Ratio (TTM)24.47
EPS (TTM)9.04
Earnings DateMay 07, 2020
Forward Dividend & Yield3.85 (1.81%)
Ex-Dividend DateJun 02, 2020
1y Target Est215.52
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
-35% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • 3 “Strong Buy” Value Stocks Gearing up for Gains

    3 “Strong Buy” Value Stocks Gearing up for Gains

    Investors are always ready to buy into a good value, and in today’s markets – with their combination of bear cycle and bull rally – those value stocks are more appealing than ever. Using TipRanks’ database, which features extensive market data collated in real time, we’ve pulled up the details on three great stock market values. All three of these stocks offer investors a solid package: a one-year upside potential of at least 10%, a dividend over 2%, and a history of long-term share appreciation. While all three are down in the current market cycle, Wall Street’s analyst corps sees each of them as a Strong Buy. Even the economic shutdowns, which forced so many companies into losses for Q1, couldn’t derail these three – each showed profits in the quarter, and beat the earnings forecasts. Let’s dive into the details, and find out what makes these three stocks so valuable. Procter & Gamble Company (PG) We’ll start with one of the blue-chip staples of the Dow Jones average. Procter & Gamble showed steady earnings growth through 2019, beating estimates in every quarter, before recording a sharp drop in Q1. That drop, however, needs to be put into context – the company’s calendar first quarter is historically its lowest of the year. Not to mention Q1 2020 reflected both a fifth consecutive earnings beat and a modest year-over-year gain of 4.4%, despite the economic shutdowns. In an odd way, the coronavirus crisis may have even helped PG – the company’s strong presence in the home & consumer health, personal care, and hygiene niches meant that demand for PG products remained strong, even as overall consumer activity declined. In the company’s Q1 earnings release (PG’s fiscal Q3), the company reported 4.2% year-over-year revenue growth. In addition to its solid position in the current environment, Procter & Gamble is also one of the market’s true dividend champs. The company has a 16-year history of steady dividend growth and reliable payments. The current payment is 79 cents, the company raised it by 4 cents in Q1, annualizing to $3.16 per quarter and giving a yield of 2.7%. While that is only slightly higher than the consumer goods sector average of 2.5%, Procter’s dividend is backed by that long history – and it has a payout ratio of 64%, indicating that the payment is easily sustainable with current income levels. Covering PG stock for Evercore ISI, Robert Ottenstein headlines his note “Better, More Resilient, Wiser.” As for forward prospects, Ottenstein writes, “We see Procter as a reliable 6-8% EPS grower, as underscored by the firm’s confidence to raise the dividend by 6% in the face of unprecedented challenges…” Ottenstein keeps his Buy rating on PG shares, and raises his price target from $130 to $140. This implies 21% upside potential for the stock in the coming 12 months. (To watch Ottenstein’s track record, click here) Overall, PG’s Strong Buy analyst consensus rating is based on 10 reviews, which include 9 Buys against a single Hold. Wall Street is slightly less aggressive here than Ottenstein, but the $133 average price target still suggests an upside potential of 15%. (See Procter & Gamble stock analysis on TipRanks) Linde PLC (LIN) Next up is Linde, an important player in the industrial gas industry. This is not a consumer utility; rather, Linde dominates the market for pure gasses such as oxygen, nitrogen, hydrogen, and argon, along with compound gasses such as carbon monoxide. All have important uses in industry, especially within the medical and HVAC sectors – which have been deemed essential even during the public health crisis. Like PG above, Linde has a secure niche and product line-up despite the recessionary pressures. The quality of Linde’s market position is demonstrated by the quarterly performance. Where most companies registered declines or even losses, Linde reported Q1 EPS level with Q4. At $1.89, the quarterly earnings beat the forecast by 3.2%, and was the fifth quarter in a row to top the estimates. In another similarity to PG, Linde’s continued profitability is directly related to its strong presence in the healthcare industry. Some 20% of company revenues come from sales in the medical field (oxygen, for example, is a vital item in treating respiratory ailments), and Linde has been able to successfully absorb losses in other segments. With revenues secure, Linde was not shy about declaring its dividend going forward. The company announced that it will pay out 96 cents per share in Q2. That annualizes to $3.85, and gives a yield almost exactly at the S&P average: 2%. Michael Sison, 5-star analyst with Well Fargo, makes the simple case for LIN shares, “[We] believe this stable cash flow business and strong balance sheet make LIN an attractive story in the current uncertain environment. We also view LIN as a growth story, with the $9.5B project backlog as the pipeline for future earnings growth. Finally, we continue to expect the company to deliver on additional merger cost and revenue synergies once the recovery starts to take shape, likely before 2021.” To this end, Sison puts a $235 price target on the stock, showing his confidence in a 16% one-year upside potential. With this positive outlook, Sison rates the stock a Buy. (To watch Sison’s track record, click here) LIN is another stock with a Strong Buy analyst consensus rating. The shares have 22 reviews on record, breaking down into 17 Buys and 5 Holds. The current trading price is $202.34, and the average price target of $216 implies room for 7% growth this year. (See Linde stock analysis on TipRanks) Raytheon Technologies (RTX) Last on our list is Raytheon, a staple in the aerospace and defense industries, as well as a major contractor for the Pentagon. Raytheon’s better-known products include radars for the Air Force’s front line fighter aircraft and many of the military’s front line air-to-air and air-to-surface guided missiles. No one ever went broke selling weapons, and Raytheon is a good example of that old saw. The company’s $1.78 Q1 EPS was 60% higher than the estimates. Even more impressive, it was the eighth quarter in a row that RTX beat the earnings estimates. The solid EPS was derived from $18.2 billion in revenues, a figure in-line with both the estimates and the year-ago figure. Raytheon management declared a 47.5 cent quarterly dividend, to be paid out in June. In deference to the difficult economic times, and the possibility of reduced defense contracts as budgets contract, this dividend was a sharp decline from the 74 cents paid out in Q4. The important point for investors, however, is that Raytheon remains committed to maintaining its dividend, with the yield at 2.8%, which is above the industrial goods sector average of 2%. In his note on RTX for Credit Suisse, 5-star analyst Robert Spingarn states, “[We] assume that RTX defense can sustain a 2019-2022 sales CAGR of 6%+ (consistent with its record backlog), and that improving trends for defense margins, working capital, and capex can offset pension headwinds, then RTX defense likely stands to generate ~$5.3 billion of FCF in 2022…” This solid outlook contributes to his Buy rating and $81 price target on the stock. At current prices, this target implies a 26% potential upside to RTX. (To watch Spingarn’s track record, click here) With a share price of $64.52, and an average price target of $75.25, RTX boasts a 17% upside potential for the next 12 months. The consensus on the Street here is a Strong Buy, with 11 Buy reviews and 3 Holds. (See Raytheon stock analysis on TipRanks)

  • Hedge Funds Aren’t Done Buying Linde (LIN)
    Insider Monkey

    Hedge Funds Aren’t Done Buying Linde (LIN)

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]


    Linde Recognized as a Leader in Diversity and Inclusion by DiversityInc

    GUILDFORD, UK / ACCESSWIRE / May 22, 2020 / Linde (NYSE:LIN)(FWB:LIN) today announced it has been recognized as a Top Noteworthy Company by DiversityInc, an organization that measures the top global companies ...

  • Causeway's Sarah Ketterer Slashes Holdings of Oil Stocks, Buys Bottling Company

    Causeway's Sarah Ketterer Slashes Holdings of Oil Stocks, Buys Bottling Company

    Guru releases 1st-quarter portfolio Continue reading...


    Linde plc: Linde Reports First-Quarter 2020 Results (Earnings Release Tables Attached)

    Financial Highlights Strong operating cash flow of $1.3 billion, up 26% versus prior year Robust balance sheet with ample liquidity for growth opportunities Operating profit of $0.7 billion, up 20% versus ...


    Linde Starts Up New Plant in China to Supply GTA Semiconductor

    GUILDFORD, UK / ACCESSWIRE / May 6, 2020 / Linde (NYSE:LIN)(FWB:LIN) announced today it has started up the first of two new high-purity nitrogen generators in Shanghai, China, as part of a 20-year contract ...


    Linde Starts Up New Syngas Processing Plant in the U.S. Gulf Coast

    GUILDFORD, UK / ACCESSWIRE / May 5, 2020 / Linde (NYSE:LIN)(FWB:LIN) announced today it has started up a state-of-the-art syngas processing plant in Geismar, Louisiana. The new plant will supply carbon ...

  • 3 Stocks That Have Grown Revenue Fast

    3 Stocks That Have Grown Revenue Fast

    Linde PLC tops the list Continue reading...


    Linde Completes Divestment of Selected Businesses in Northern Europe

    GUILDFORD, UK / ACCESSWIRE / April 30, 2020 / Linde (NYSE:LIN) (FWB:LIN) today announced it has completed the divestment of selected non-core assets in Northern Europe to Gasum, a Nordic gas sector and ...


    Linde Declares Dividend in Second Quarter 2020

    GUILDFORD, UK / ACCESSWIRE / April 27, 2020 / Linde plc (NYSE:LIN)(FWB:LIN) announced its Board of Directors has declared a quarterly dividend of $0.963 per share. The dividend is payable on June 17, 2020 ...


    Linde Leverages Technology to Sign Long-Term Agreement with Largest Refiner in India

    GUILDFORD, UK / ACCESSWIRE / April 23, 2020 / Linde (NYSE: LIN; FWB: LIN) today announced that it has leveraged its extensive technology portfolio to sign a new contract with Indian Oil Corporation Limited ...


    Linde Starts Up First Phase of Pyeongtaek Project to Supply Samsung in South Korea

    GUILDFORD, UK / ACCESSWIRE / April 21, 2020 / Linde (LIN)(LIN) announced today that it has started up a new air separation plant to supply industrial gases to Samsung Electronics' world-class semiconductor facilities in Pyeongtaek, South Korea. The start-up completes the first phase of Linde's largest single electronics investment to build, own and operate several air separation units and hydrogen plants to support growing demand for Samsung's semiconductors.


    Linde Awarded Silver Class Distinction in The Sustainability Yearbook 2020

    GUILDFORD, UK / ACCESSWIRE / April 16, 2020 / Linde (LIN)(LIN) has been awarded a Silver Class distinction in The Sustainability Yearbook 2020, published by S&P Global in collaboration with RobecoSAM. The Sustainability Yearbook is the world's most comprehensive publication on corporate sustainability.


    Linde Announces First Quarter 2020 Earnings and Conference Call Schedule

    GUILDFORD, UK / ACCESSWIRE / April 14, 2020 / Linde (NYSE:LIN; FWB:LIN) will release its first quarter 2020 financial results on Thursday, May 7, 2020, at 06:00 EDT/midday CEST. The Company will host and ...


    U.S. Supreme Court Upholds Nitric Oxide Patent Win for Linde; Linde Commits to Support Inhaled Nitric Oxide Clinical Studies Relating to COVID-19

    GUILDFORD, UK / ACCESSWIRE / April 8, 2020 / Linde (NYSE:LIN; FWB:LIN), a leading global supplier of inhaled nitric oxide, is pleased with the decision by the U.S. Supreme Court declining to review the ...


    Lincare Statement Regarding COVID-19

    CLEARWATER, FL / ACCESSWIRE / March 25, 2020 / Lincare, a subsidiary of Linde (NYSE:LIN; FWB:LIN), the leading provider of home respiratory care in the U.S., stands as a second line of defense in support ...

  • Hedge Funds Have Never Been This Bullish On Linde plc (LIN)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Linde plc (LIN)

    Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]


    Linde Recognized as a Leader in Diversity and Inclusion by Bloomberg and Forbes

    GUILDFORD, UK / ACCESSWIRE / March 4, 2020 / Linde (NYSE:LIN; FWB:LIN) today announced it has been recognized by Bloomberg and Forbes for its leadership in diversity and inclusion. Linde has joined the 2020 Bloomberg Gender-Equality Index (GEI) which tracks the financial performance of public companies committed to supporting gender equality through policy development, representation and transparency. The data is drawn from information gathered by Bloomberg, whose gender reporting framework is the only international standardized reporting and disclosure method for workplace gender data.

  • Pioneer Investments Cuts Linde, McDonald's

    Pioneer Investments Cuts Linde, McDonald's

    Firm’s largest sales of the 4th quarter Continue reading...


    Linde plc: Linde Declares Dividend Increase for 2020

    GUILFORD, UK / ACCESSWIRE / February 24, 2020 / Linde plc (NYSE:LIN; FWB:LIN) today announced its Board of Directors has declared a 10% increase in the company's quarterly dividend to $0.963 per share. ...

  • Dow Jones Today, Stocks Retreat As Coronavirus Cases Surge: Cisco Dives; Applied Materials, Tempur Sealy Soar On Earnings
    Investor's Business Daily

    Dow Jones Today, Stocks Retreat As Coronavirus Cases Surge: Cisco Dives; Applied Materials, Tempur Sealy Soar On Earnings

    Tempur Sealy and Linde were early winners Thursday, but stocks fell on China virus fears, and Cisco dragged on the Dow Jones today.


    Linde plc: Linde Reports Full-Year and Fourth-Quarter 2019 Results (Earnings Release Tables attached)

    Linde Reports Full-Year and Fourth-Quarter 2019 Results Full-Year 2019 Highlights Sales of $28.2 billion, up 4% ex-FX Operating profit of $2.9 billion, adjusted pro forma operating profit of $5.3 billion ...


    Linde Starts Up New Air Separation Plant, Further Expanding Capacity in the U.S. Gulf Coast

    GUILDFORD, UK / ACCESSWIRE / February 12, 2020 / Linde (NYSE:LIN; FWB:LIN) today announced it has started up a new air separation unit (ASU) in Freeport, Texas, as part of a long-term agreement to supply ...


    Linde Leverages Combined Technology Portfolio to Sign 30 Small On-Site Contracts in its First Year

    GUILDFORD, UK / ACCESSWIRE / February 10, 2020 / Linde (NYSE:LIN; FWB:LIN) announced today that it has signed three new customer contracts by leveraging legacy Linde and Praxair technologies, made possible ...