Praxair (PX) Earns Daily Media Impact Score of 0.12

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:

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.

Praxair (NYSE:PX) last announced its earnings results on Thursday, October 26th. The basic materials company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.06. Praxair had a net margin of 14.56% and a return on equity of 27.13%. The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.84 billion. During the same quarter in the prior year, the firm earned $1.41 earnings per share. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. sell-side analysts forecast that Praxair will post 5.81 earnings per share for the current fiscal year.

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.

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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.

Insider Buying and Selling by Quarter for Praxair (NYSE:PX)

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