NYSE:LIN Linde (LIN) Stock Price, News & Analysis $414.00 -2.83 (-0.68%) (As of 02/8/2024 ET) Add Compare Share Share Today's Range$413.36▼$419.3050-Day Range$398.65▼$426.7252-Week Range$319.23▼$434.21Volume1.48 million shsAverage Volume1.66 million shsMarket Capitalization$200.74 billionP/E Ratio32.86Dividend Yield1.23%Price Target$433.14 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipShort InterestSocial Media Get Linde alerts: Email Address Linde MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside4.6% Upside$433.14 Price TargetShort InterestHealthy0.74% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.70Based on 28 Articles This WeekInsider TradingN/AProj. Earnings Growth10.47%From $15.47 to $17.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.86 out of 5 starsBasic Materials Sector62nd out of 171 stocksIndustrial Inorganic Chemicals Industry3rd out of 10 stocks 2.4 Analyst's Opinion Consensus RatingLinde has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $433.14, Linde has a forecasted upside of 4.6% from its current price of $414.00.Amount of Analyst CoverageLinde has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.74% of the float of Linde has been sold short.Short Interest Ratio / Days to CoverLinde has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Linde has recently decreased by 9.04%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldLinde pays a meaningful dividend of 1.23%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLinde does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Linde is 40.48%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Linde will have a dividend payout ratio of 29.84% next year. This indicates that Linde will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LIN. Previous Next 2.6 News and Social Media Coverage News SentimentLinde has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 28 news articles for Linde this week, compared to 7 articles on an average week.Search InterestOnly 22 people have searched for LIN on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 18 people have added Linde to their MarketBeat watchlist in the last 30 days. This is a decrease of -5% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Linde insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.70% of the stock of Linde is held by insiders.Percentage Held by Institutions80.98% of the stock of Linde is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Linde are expected to grow by 10.47% in the coming year, from $15.47 to $17.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Linde is 32.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Linde is 32.86, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.91.Price to Earnings Growth RatioLinde has a PEG Ratio of 2.57. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLinde has a P/B Ratio of 4.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Linde Stock (NYSE:LIN)Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia 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. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants. It serves a range of industries, including healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics. The company was founded in 1879 and is based in Woking, the United Kingdom.Read More LIN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LIN Stock News HeadlinesFebruary 8, 2024 | americanbankingnews.comLinde (NYSE:LIN) Price Target Raised to $480.00 at Wells Fargo & CompanyFebruary 8, 2024 | americanbankingnews.comLinde (NYSE:LIN) Price Target Increased to $434.00 by Analysts at MizuhoFebruary 8, 2024 | DTI (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.February 7, 2024 | msn.comLinde's (LIN) Q4 Earnings Top on Solid Americas Business UnitFebruary 7, 2024 | markets.businessinsider.comWells Fargo Maintains Overweight Rating for Linde: Here's What You Need To KnowFebruary 7, 2024 | msn.comLinde sees slower growth in 2024 after strong performance last yearFebruary 7, 2024 | finance.yahoo.comLinde plc (NASDAQ:LIN) Q4 2023 Earnings Call TranscriptFebruary 6, 2024 | finance.yahoo.comLinde plc: Linde Earnings: Continued Margin Expansion Despite Slowdown in Some End MarketsFebruary 8, 2024 | DTI (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.February 6, 2024 | markets.businessinsider.comEQS-News: Linde plc: Linde Reports Full-Year and Fourth-Quarter 2023 Results (Earnings Release Tables Attached)February 6, 2024 | msn.comSpecialty Chemicals Major Linde Shares Are Surging Today: What's Going On?February 6, 2024 | seekingalpha.comLinde plc 2023 Q4 - Results - Earnings Call PresentationFebruary 5, 2024 | americanbankingnews.comLinde (LIN) to Release Earnings on TuesdayFebruary 1, 2024 | finance.yahoo.comAhead of Linde (LIN) Q4 Earnings: Get Ready With Wall Street Estimates for Key MetricsFebruary 1, 2024 | finance.yahoo.comLinde (LIN) Gears up to Report Q4 Earnings: What's in Store?February 1, 2024 | msn.comLinde secures long-term deals to buy renewable energy from ChinaFebruary 1, 2024 | reuters.comLinde secures renewable energy from China for next 25 yearsFebruary 1, 2024 | finance.yahoo.comLinde Signs Long-Term Agreements to Purchase Renewable Energy in ChinaJanuary 30, 2024 | finance.yahoo.comWhy the Market Dipped But Linde (LIN) Gained TodayJanuary 25, 2024 | msn.comBMW's focus on reliability in early stages of WEC Hypercar entry - van der LindeJanuary 25, 2024 | finance.yahoo.comLinde Expands Agreement with Steel Authority of India LimitedJanuary 24, 2024 | markets.businessinsider.comLinde plc hosts conference call for investorsJanuary 23, 2024 | finanznachrichten.deHexagon Composites ASA: Hexagon Digital Wave signs Long Term Agreement for equipment and services with Linde Gas & Equipment IncJanuary 22, 2024 | benzinga.comLinde Stock (NASDAQ:LIN), Analyst Ratings, Price Targets, PredictionsJanuary 18, 2024 | msn.comOne Hidden Easter Egg Reveals More About Red Dead Redemption's Most Notorious OutlawJanuary 10, 2024 | msn.com5 Materials Sector Stock Picks With Attractive Supply-Demand Dynamics For 2024January 5, 2024 | msn.comExeter Women drop overseas players to avoid RFU points deductionSee More Headlines Receive LIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Linde and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/18 Dividend12/01/2023Dividend Payable12/18/2023Last Earnings2/06/2024Today2/08/2024Next Earnings (Estimated)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Industrial inorganic chemicals Sub-IndustryN/A Current SymbolNYSE:LIN CUSIPN/A CIK1575571 Webwww.linde.com Phone441483242200Fax800-772-9985Employees65,010Year Founded1879Price Target and Rating Average Stock Price Target$433.14 High Stock Price Target$480.00 Low Stock Price Target$375.00 Potential Upside/Downside+4.7%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$12.60 Trailing P/E Ratio32.84 Forward P/E Ratio26.75 P/E Growth2.57Net Income$4.15 billion Net Margins18.87% Pretax Margin24.31% Return on Equity17.06% Return on Assets8.80% Debt Debt-to-Equity Ratio0.33 Current Ratio0.80 Quick Ratio0.68 Sales & Book Value Annual Sales$32.85 billion Price / Sales6.11 Cash Flow$22.19 per share Price / Cash Flow18.65 Book Value$84.72 per share Price / Book4.88Miscellaneous Outstanding Shares484,890,000Free Float481,497,000Market Cap$200.65 billion OptionableNot Optionable Beta0.92 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for February 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Sanjiv Lamba (Age 60)CEO & Director Comp: $6.03MMr. Matthew J. White (Age 52)Executive VP & CFO Comp: $2.46MMr. Guillermo Bichara (Age 49)Executive VP & Chief Legal Officer Comp: $1.9MMr. John Mathew Panikar (Age 56)Executive Vice President of APAC Comp: $3.13MMr. Sean F. Durbin (Age 53)Executive Vice President of North America Comp: $3.2MMr. Luiz OliveiraVice President of Operations, Excellence & ProductivityMs. Kelcey E. Hoyt (Age 54)VP & Chief Accounting Officer John van der VeldenSenior Vice President of Engineering Sales & TechnologySandeep SenChief Information OfficerMr. Juan PelaezVice President of Investor RelationsMore ExecutivesKey CompetitorsVenator MaterialsNYSE:VNTRBHP GroupNYSE:BHPVenator MaterialsNYSE:VNTRQRio Tinto GroupNYSE:RIOSouthern CopperNYSE:SCCOView All CompetitorsInsiders & InstitutionsPinnacle Wealth Planning Services Inc.Bought 40 shares on 2/8/2024Ownership: 0.001%Exchange Capital Management Inc.Sold 30 shares on 2/8/2024Ownership: 0.000%Sound View Wealth Advisors Group LLCBought 26 shares on 2/8/2024Ownership: 0.000%D Orazio & Associates Inc.Bought 55 shares on 2/8/2024Ownership: 0.000%Eagle Bay Advisors LLCSold 32 shares on 2/8/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions LIN Stock Analysis - Frequently Asked Questions Should I buy or sell Linde stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linde in the last twelve months. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LIN shares. View LIN analyst ratings or view top-rated stocks. What is Linde's stock price target for 2024? 12 Wall Street analysts have issued 1-year target prices for Linde's stock. Their LIN share price targets range from $375.00 to $480.00. On average, they anticipate the company's share price to reach $433.14 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View analysts price targets for LIN or view top-rated stocks among Wall Street analysts. How have LIN shares performed in 2024? Linde's stock was trading at $410.71 on January 1st, 2024. Since then, LIN shares have increased by 0.8% and is now trading at $414.00. View the best growth stocks for 2024 here. Are investors shorting Linde? Linde saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 3,520,000 shares, a decline of 9.0% from the December 31st total of 3,870,000 shares. Based on an average daily volume of 1,680,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.7% of the shares of the company are short sold. View Linde's Short Interest. When is Linde's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our LIN earnings forecast. How were Linde's earnings last quarter? Linde plc (NYSE:LIN) announced its quarterly earnings results on Tuesday, February, 6th. The basic materials company reported $3.59 earnings per share for the quarter, beating the consensus estimate of $3.49 by $0.10. The basic materials company earned $8.30 billion during the quarter, compared to analyst estimates of $8.04 billion. Linde had a net margin of 18.87% and a trailing twelve-month return on equity of 17.06%. The company's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the company posted $3.16 EPS. Read the conference call transcript. How often does Linde pay dividends? What is the dividend yield for Linde? Linde declared a quarterly dividend on Monday, October 23rd. Stockholders of record on Monday, December 4th will be paid a dividend of $1.275 per share on Monday, December 18th. This represents a $5.10 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Friday, December 1st. Read our dividend analysis for LIN. Is Linde a good dividend stock? Linde (NYSE:LIN) pays an annual dividend of $5.10 per share and currently has a dividend yield of 1.23%. The dividend payout ratio is 40.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LIN will have a dividend payout ratio of 29.84% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LIN. What ETFs hold Linde's stock? ETFs with the largest weight of Linde (NYSE:LIN) stock in their portfolio include iShares U.S. Basic Materials ETF (IYM), Materials Select Sector SPDR Fund (XLB), Vanguard Materials ETF (VAW), Fidelity MSCI Materials Index ETF (FMAT), ProShares Ultra Materials (UYM), iShares Global Materials ETF (MXI), Martin Currie Sustainable International Equity ETF (MCSE) and Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT). What guidance has Linde issued on next quarter's earnings? Linde issued an update on its FY24 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of $15.25-15.65 for the period, compared to the consensus EPS estimate of $15.47. What is Vincent L. Sadusky's approval rating as Linde's CEO? 14 employees have rated Linde Chief Executive Officer Vincent L. Sadusky on Glassdoor.com. Vincent L. Sadusky has an approval rating of 59% among the company's employees. This puts Vincent L. Sadusky in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Linde own? Based on aggregate information from My MarketBeat watchlists, some companies that other Linde investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Walt Disney (DIS), Intel (INTC), AT&T (T), JPMorgan Chase & Co. (JPM), Walmart (WMT), Cisco Systems (CSCO), Pfizer (PFE) and QUALCOMM (QCOM). Who are Linde's major shareholders? Linde's stock is owned by a number of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.37%), WCM Investment Management LLC (0.73%), Charles Schwab Investment Management Inc. (0.58%), Impax Asset Management Group plc (0.58%), Nordea Investment Management AB (0.50%) and Dimensional Fund Advisors LP (0.40%). Insiders that own company stock include Andreas Opfermann, David P Strauss, Guillermo Bichara, John Panikar, Kelcey E Hoyt, Sanjiv Lamba, Sean Durbin and Stephen F Angel. View institutional ownership trends. How do I buy shares of Linde? Shares of LIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:LIN) was last updated on 2/8/2024 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Linde plc Please log in to your account or sign up in order to add this asset to your watchlist. 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