Headlines about Praxair (NYSE:PX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Praxair earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 45.6794591356316 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Praxair, Inc. Expected to Earn FY2018 Earnings of $6.75 Per Share (PX) (americanbankingnews.com)
- Today’s Hot Mover – Praxair, Inc. (NYSE: PX) – Alpha Beta Stock (alphabetastock.com)
- Basic Trading and Ownership Data for Praxair, Inc. (PX) – Market Movers (financialqz.com)
- Praxair, Inc. (PX) Finds It Hard To Sustain Current Trade Levels – Times Money (thetimesmoney.org)
- Investors Purchase Large Volume of Praxair Call Options (PX) (americanbankingnews.com)
Shares of Praxair (NYSE:PX) traded up $2.47 on Thursday, hitting $159.97. 1,896,474 shares of the stock traded hands, compared to its average volume of 1,464,000. Praxair has a twelve month low of $115.00 and a twelve month high of $161.34. The firm has a market capitalization of $45,800.00, a P/E ratio of 28.46, a price-to-earnings-growth ratio of 2.16 and a beta of 1.00. The company has a quick ratio of 0.91, a current ratio of 1.11 and a debt-to-equity ratio of 1.22.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Thursday, December 7th were paid a dividend of $0.7875 per share. The ex-dividend date was Wednesday, December 6th. This represents a $3.15 annualized dividend and a dividend yield of 1.97%. Praxair’s dividend payout ratio (DPR) is 56.05%.
Several equities analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Praxair from a “hold” rating to a “sell” rating in a research note on Friday, October 20th. SunTrust Banks restated a “buy” rating and issued a $162.00 price objective on shares of Praxair in a research note on Friday, October 27th. Citigroup upgraded shares of Praxair from a “neutral” rating to a “buy” rating and upped their price objective for the company from $137.00 to $168.00 in a research note on Monday, October 30th. Deutsche Bank upgraded shares of Praxair from a “hold” rating to a “buy” rating and upped their price objective for the company from $155.00 to $175.00 in a research note on Tuesday, December 19th. Finally, UBS Group upped their price objective on shares of Praxair to $176.00 and gave the company a “buy” rating in a research note on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company. Praxair has an average rating of “Hold” and a consensus target price of $158.64.
In other news, Director Raymond W. Leboeuf sold 6,550 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $117.26, for a total transaction of $768,053.00. Following the completion of the sale, the director now owns 16,697 shares in the company, valued at $1,957,890.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is currently owned by corporate insiders.
ILLEGAL ACTIVITY NOTICE: “Praxair (PX) Earns Daily Media Impact Score of 0.12” was first posted by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright law. The correct version of this report can be read at https://www.com-unik.info/2018/01/04/praxair-px-earns-daily-media-impact-score-of-0-12.html.
Praxair Company Profile
Praxair, Inc is an industrial gas company. The Company’s operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, it operates its surface technologies business through its subsidiary, Praxair Surface Technologies, Inc, which represents the fifth segment.
Receive News & Ratings for Praxair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Praxair and related companies with MarketBeat.com's FREE daily email newsletter.