Linde Plc Ordinary Stock Buy Hold or Sell Recommendation
| LIN Stock | USD 444.32 0.74 0.17% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Linde plc Ordinary is 'Strong Hold'. Macroaxis provides Linde Plc buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LIN positions. The advice algorithm takes into account all of Linde Plc's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Linde Plc's buy or sell advice are summarized below:
Real Value 441.12 | Target Price 423.99 | Hype Value 445.06 | Market Value 444.32 | Naive Value 446.37 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Linde plc Ordinary given historical horizon and risk tolerance towards Linde Plc. When Macroaxis issues a 'buy' or 'sell' recommendation for Linde plc Ordinary, the advice is generated through an automated system that utilizes algorithms and statistical models.
Linde |
Execute Linde Plc Buy or Sell Advice
The Linde recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Linde plc Ordinary. Macroaxis does not own or have any residual interests in Linde plc Ordinary or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Linde Plc's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Linde Plc Trading Alerts and Improvement Suggestions
| The company has 20.32 B in debt with debt to equity (D/E) ratio of 0.39, which is OK given its current industry classification. Linde plc Ordinary has a current ratio of 0.73, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Linde Plc until it has trouble settling it off, either with new capital or with free cash flow. So, Linde Plc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Linde plc Ordinary sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Linde to invest in growth at high rates of return. When we think about Linde Plc's use of debt, we should always consider it together with cash and equity. | |
| Over 88.0% of Linde Plc shares are owned by institutional investors | |
| On 28th of March 2024 Linde Plc paid $ 1.39 per share dividend to its current shareholders | |
| Latest headline from investing.com: Linde expands China South Steel gas supply deal |
Linde Plc Returns Distribution Density
The distribution of Linde Plc's historical returns is an attempt to chart the uncertainty of Linde Plc's future price movements. The chart of the probability distribution of Linde Plc daily returns describes the distribution of returns around its average expected value. We use Linde plc Ordinary price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Linde Plc returns is essential to provide solid investment advice for Linde Plc.
| Mean Return | 0.14 | Value At Risk | -1.23 | Potential Upside | 1.63 | Standard Deviation | 0.94 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Linde Plc historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Linde Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Linde Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Linde plc Ordinary backward and forwards among themselves. Linde Plc's institutional investor refers to the entity that pools money to purchase Linde Plc's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 7.4 M | Goldman Sachs Group Inc | 2023-12-31 | 7.4 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 7 M | Jpmorgan Chase & Co | 2023-12-31 | 6.9 M | Wellington Management Company Llp | 2023-12-31 | 6.7 M | Nuveen Asset Management, Llc | 2023-12-31 | 6.4 M | Winder Pte Ltd | 2023-12-31 | 5.1 M | Northern Trust Corp | 2023-12-31 | 4.9 M | Franklin Resources Inc | 2023-12-31 | 4.2 M | Vanguard Group Inc | 2023-12-31 | 44.3 M | Blackrock Inc | 2023-12-31 | 35.1 M |
Linde Plc Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (81M) | 18M | (129M) | (347M) | (127M) | (120.7M) | |
| Change In Cash | (1.8B) | 1.1B | (931M) | 2.6B | (772M) | (733.4M) | |
| Free Cash Flow | 2.5B | 4.0B | 6.6B | 5.7B | 5.5B | 5.8B | |
| Depreciation | 4.7B | 4.6B | 4.6B | 4.2B | 3.8B | 4.0B | |
| Other Non Cash Items | (452M) | 34M | (72M) | 744M | (284M) | (269.8M) | |
| Capital Expenditures | 3.7B | 3.4B | 3.1B | 3.2B | 3.8B | 4.0B | |
| Net Income | 2.3B | 2.6B | 4.0B | 4.3B | 6.2B | 6.5B | |
| End Period Cash Flow | 2.7B | 3.8B | 2.8B | 5.4B | 4.7B | 4.9B | |
| Dividends Paid | 1.9B | 2.0B | 2.2B | 2.3B | 2.5B | 2.6B | |
| Net Borrowings | (1.3B) | 1.3B | (514M) | 4.5B | 5.1B | 5.4B | |
| Change To Netincome | (274M) | 300M | 228M | 711M | 817.7M | 858.5M | |
| Investments | 1.1B | (3.0B) | (3.0B) | (3.1B) | (4.3B) | (4.1B) |
Linde Plc Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Linde Plc or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Linde Plc's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Linde stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | 0.74 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | 0.05 |
Linde Plc Volatility Alert
Linde plc Ordinary exhibits relatively low volatility with skewness of 0.92 and kurtosis of 2.47. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Linde Plc's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Linde Plc's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Linde Plc Implied Volatility
Linde Plc's implied volatility exposes the market's sentiment of Linde plc Ordinary stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Linde Plc's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Linde Plc stock will not fluctuate a lot when Linde Plc's options are near their expiration.
Linde Plc Fundamentals Vs Peers
Comparing Linde Plc's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Linde Plc's direct or indirect competition across all of the common fundamentals between Linde Plc and the related equities. This way, we can detect undervalued stocks with similar characteristics as Linde Plc or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Linde Plc's fundamental indicators could also be used in its relative valuation, which is a method of valuing Linde Plc by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Linde Plc to competition |
| Fundamentals | Linde Plc | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0645 | -0.14 |
| Profit Margin | 0.19 % | (1.27) % |
| Operating Margin | 0.25 % | (5.51) % |
| Current Valuation | 231.36 B | 16.62 B |
| Shares Outstanding | 481.58 M | 571.82 M |
| Shares Owned By Insiders | 0.19 % | 10.09 % |
| Shares Owned By Institutions | 88.46 % | 39.21 % |
| Number Of Shares Shorted | 6.3 M | 4.71 M |
| Price To Earning | 45.62 X | 28.72 X |
| Price To Book | 5.42 X | 9.51 X |
| Price To Sales | 6.56 X | 11.42 X |
| Revenue | 32.85 B | 9.43 B |
| Gross Profit | 13.91 B | 27.38 B |
| EBITDA | 12.31 B | 3.9 B |
| Net Income | 6.2 B | 570.98 M |
| Cash And Equivalents | 5.44 B | 2.7 B |
| Cash Per Share | 7.60 X | 5.01 X |
| Total Debt | 20.32 B | 5.32 B |
| Debt To Equity | 0.39 % | 48.70 % |
| Current Ratio | 0.74 X | 2.16 X |
| Book Value Per Share | 82.33 X | 1.93 K |
| Cash Flow From Operations | 9.3 B | 971.22 M |
| Short Ratio | 1.61 X | 4.00 X |
| Earnings Per Share | 12.60 X | 3.12 X |
| Price To Earnings To Growth | 2.65 X | 4.89 X |
| Target Price | 473.92 | |
| Number Of Employees | 66.32 K | 18.84 K |
| Beta | 0.94 | -0.15 |
| Market Capitalization | 214.33 B | 19.03 B |
| Total Asset | 80.81 B | 29.47 B |
| Retained Earnings | 8.85 B | 9.33 B |
| Working Capital | (3.1 B) | 1.48 B |
Note: Disposition of 0 shares by Kelcey Hoyt of Linde Plc subject to Rule 16b-3 [view details]
Linde Plc Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Linde . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 49720.93 | |||
| Daily Balance Of Power | (0.07) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 439.0 | |||
| Day Typical Price | 440.77 | |||
| Price Action Indicator | 4.95 | |||
| Period Momentum Indicator | (0.74) | |||
| Relative Strength Index | 43.36 |
About Linde Plc Buy or Sell Advice
When is the right time to buy or sell Linde plc Ordinary? Buying financial instruments such as Linde Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 14.2B | 17.9B | 20.3B | 21.3B | Total Assets | 81.6B | 79.7B | 80.8B | 84.9B |
Use Investing Ideas to Build Portfolios
In addition to having Linde Plc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Emerging Markets Funds Thematic Idea Now
Emerging Markets Funds
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets Funds Theme or any other thematic opportunities.
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Check out Linde Plc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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Is Linde Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Linde Plc. If investors know Linde will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Linde Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.184 | Dividend Share 5.1 | Earnings Share 12.6 | Revenue Per Share 67.297 | Quarterly Revenue Growth 0.051 |
The market value of Linde plc Ordinary is measured differently than its book value, which is the value of Linde that is recorded on the company's balance sheet. Investors also form their own opinion of Linde Plc's value that differs from its market value or its book value, called intrinsic value, which is Linde Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Linde Plc's market value can be influenced by many factors that don't directly affect Linde Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Linde Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Linde Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Linde Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.