L’Air Liquide S.A. (OTCMKTS:AIQUY – Get Rating) – Stock analysts at Jefferies Financial Group reduced their FY2022 earnings per share (EPS) estimates for shares of L’Air Liquide in a report issued on Tuesday, July 5th. Jefferies Financial Group analyst C. Counihan now forecasts that the basic materials company will earn $1.15 per share for the year, down from their prior forecast of $1.25. The consensus estimate for L’Air Liquide’s current full-year earnings is $1.21 per share. Jefferies Financial Group also issued estimates for L’Air Liquide’s FY2023 earnings at $1.23 EPS, FY2024 earnings at $1.39 EPS and FY2025 earnings at $1.56 EPS.
AIQUY has been the subject of a number of other research reports. Kepler Capital Markets cut L’Air Liquide from a “buy” rating to a “hold” rating in a report on Wednesday, March 30th. UBS Group increased their price target on L’Air Liquide from €157.27 ($163.83) to €160.91 ($167.61) and gave the company a “buy” rating in a research note on Tuesday, April 5th. Credit Suisse Group initiated coverage on L’Air Liquide in a research note on Tuesday, April 26th. They issued an “outperform” rating for the company. Morgan Stanley decreased their price target on L’Air Liquide from €140.91 ($146.78) to €135.00 ($140.63) and set an “equal weight” rating for the company in a research note on Tuesday, June 21st. Finally, Barclays increased their price target on L’Air Liquide from €168.18 ($175.19) to €170.00 ($177.08) in a research note on Friday, April 22nd. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $155.00.
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Shares of AIQUY opened at $25.86 on Thursday. L’Air Liquide has a 12-month low of $24.98 and a 12-month high of $32.99. The business has a 50-day simple moving average of $29.69 and a two-hundred day simple moving average of $30.57. The company has a quick ratio of 0.70, a current ratio of 0.89 and a debt-to-equity ratio of 0.48.
The firm also recently announced a dividend, which was paid on Thursday, June 9th. Investors of record on Friday, May 13th were given a dividend of $0.449 per share. The ex-dividend date of this dividend was Thursday, May 12th. This represents a dividend yield of 1.46%.
Large investors have recently made changes to their positions in the business. Private Capital Group LLC boosted its holdings in L’Air Liquide by 14.9% in the fourth quarter. Private Capital Group LLC now owns 3,999 shares of the basic materials company’s stock worth $139,000 after acquiring an additional 520 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of L’Air Liquide by 4.7% in the first quarter. PNC Financial Services Group Inc. now owns 12,239 shares of the basic materials company’s stock valued at $433,000 after purchasing an additional 546 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of L’Air Liquide by 44.8% in the first quarter. Captrust Financial Advisors now owns 14,588 shares of the basic materials company’s stock valued at $510,000 after purchasing an additional 4,512 shares in the last quarter. Hancock Whitney Corp lifted its holdings in shares of L’Air Liquide by 2.7% in the fourth quarter. Hancock Whitney Corp now owns 18,233 shares of the basic materials company’s stock valued at $635,000 after purchasing an additional 483 shares in the last quarter. Finally, SVB Wealth LLC lifted its holdings in shares of L’Air Liquide by 69.6% in the first quarter. SVB Wealth LLC now owns 26,780 shares of the basic materials company’s stock valued at $936,000 after purchasing an additional 10,986 shares in the last quarter. Institutional investors and hedge funds own 0.02% of the company’s stock.
About L’Air Liquide (Get Rating)
L’Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company’s Gas & Services segment offers oxygen, nitrogen, argon, hydrogen, and carbon monoxide to the metals, chemicals, refining, and energy sectors; and gases, application equipment, and associated services to the materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.
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