Evercore ISI Issues Pessimistic Forecast for Air Products and Chemicals (NYSE:APD) Stock Price

Air Products and Chemicals (NYSE:APD) had its target price decreased by investment analysts at Evercore ISI from $375.00 to $325.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the basic materials company’s stock. Evercore ISI’s target price suggests a potential upside of 24.32% from the company’s current price.

A number of other research analysts have also recently commented on the company. Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Mizuho set a $300.00 target price on Air Products and Chemicals in a research report on Friday, November 7th. UBS Group reduced their price target on Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating on the stock in a report on Friday, November 7th. JPMorgan Chase & Co. lowered their price objective on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. Finally, Wells Fargo & Company cut their target price on shares of Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $316.54.

Air Products and Chemicals Trading Down 0.3%

APD opened at $261.42 on Tuesday. The company has a market cap of $58.18 billion, a P/E ratio of 37.61, a PEG ratio of 5.16 and a beta of 0.81. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. The company’s 50 day moving average is $267.02 and its 200-day moving average is $278.02. Air Products and Chemicals has a 1-year low of $235.55 and a 1-year high of $341.14.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The business had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.18 billion. During the same period in the prior year, the company earned $3.56 EPS. The firm’s quarterly revenue was down .6% compared to the same quarter last year. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. Equities research analysts predict that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. West Oak Capital LLC lifted its position in Air Products and Chemicals by 12.2% during the 2nd quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock valued at $3,050,000 after acquiring an additional 1,180 shares during the period. Chapin Davis Inc. increased its stake in shares of Air Products and Chemicals by 16.1% during the second quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after purchasing an additional 1,551 shares in the last quarter. Revisor Wealth Management LLC increased its stake in shares of Air Products and Chemicals by 110.4% during the second quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock valued at $966,000 after purchasing an additional 1,713 shares in the last quarter. Norden Group LLC lifted its holdings in shares of Air Products and Chemicals by 167.3% during the second quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock valued at $1,636,000 after purchasing an additional 3,630 shares during the last quarter. Finally, Aberdeen Group plc boosted its position in shares of Air Products and Chemicals by 4.1% in the 2nd quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock worth $31,903,000 after purchasing an additional 4,492 shares in the last quarter. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.