Linde Plc Ordinary Stock Today

LIN Stock  USD 446.97  0.67  0.15%   

Performance

15 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 8

 
High
 
Low
Low
Linde Plc is selling at 446.97 as of the 23rd of April 2024; that is 0.15% increase since the beginning of the trading day. The stock's open price was 446.3. Linde Plc has only a 8 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Linde plc Ordinary are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Materials
IPO Date
11th of January 2002
Category
Basic Materials
Linde plc operates as an industrial gas and engineering company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1879 and is based in Woking, the United Kingdom. Linde Plc operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. The company has 481.58 M outstanding shares of which 6.3 M shares are now shorted by investors with about 1.61 days to cover. More on Linde plc Ordinary

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Linde Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Linde Plc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Linde Plc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOGavin LittleGill
Thematic Ideas
(View all Themes)
Business ConcentrationIndustrial Gases, Specialty Chemicals, Basic Materials, SP 500 Index, SP 100 Index, SP 100, Nasdaq 100, NASDAQ Composite, ARCA Institutional, CAC Consumer Service, ESG Investing, Chemicals, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Linde Plc report their recommendations after researching Linde Plc's financial statements, talking to executives and customers, or listening in on Linde Plc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Linde plc Ordinary. The Linde consensus assessment is calculated by taking the average forecast from all of the analysts covering Linde Plc.
Financial Strength
Based on the measurements of operating efficiency obtained from Linde Plc's historical financial statements, Linde plc Ordinary may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Linde plc Ordinary is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04940.0767
Way Down
Slightly volatile
Asset Turnover0.670.4066
Way Up
Slightly volatile
Gross Profit Margin0.340.4676
Way Down
Slightly volatile
Net Debt16.4 B15.7 B
Sufficiently Up
Slightly volatile
Total Current Liabilities16.5 B15.7 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total25.2 B24 B
Sufficiently Up
Slightly volatile
Total Assets84.9 B80.8 B
Sufficiently Up
Slightly volatile
Total Current Assets13.3 B12.6 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities9.8 B9.3 B
Sufficiently Up
Slightly volatile
Linde Plc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Linde Plc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Linde Plc's financial leverage. It provides some insight into what part of Linde Plc's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Linde Plc's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Linde Plc deploys its capital and how much of that capital is borrowed.
Liquidity
Linde Plc cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Other Cashflows From Financing Activities

2.82 Billion
Linde plc Ordinary (LIN) is traded on NASDAQ Exchange in USA. It is located in Forge, 43 Church Street West, Woking, United Kingdom, GU21 6HT and employs 66,323 people. Linde Plc is listed under Industrial Gases category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 214.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Linde Plc's market, we take the total number of its shares issued and multiply it by Linde Plc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Linde plc Ordinary runs under Chemicals sector within Materials industry. The entity has 481.58 M outstanding shares of which 6.3 M shares are now shorted by investors with about 1.61 days to cover. Linde plc Ordinary has about 5.44 B in cash with 9.3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.6.
Check Linde Plc Probability Of Bankruptcy
Ownership Allocation
Linde plc Ordinary maintains a total of 481.58 Million outstanding shares. The majority of Linde Plc outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Linde plc Ordinary to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Linde plc Ordinary. Please pay attention to any change in the institutional holdings of Linde Plc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Linde Ownership Details

Linde Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Linde Plc jumping above the current price in 90 days from now is about 40.15%. The Linde plc Ordinary probability density function shows the probability of Linde Plc stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Linde Plc has a beta of 0.7922. This indicates as returns on the market go up, Linde Plc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Linde plc Ordinary will be expected to be much smaller as well. Additionally, linde plc Ordinary has an alpha of 0.0798, implying that it can generate a 0.0798 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 446.97HorizonTargetOdds Above 446.97
59.63%90 days
 446.97 
40.15%
Based on a normal probability distribution, the odds of Linde Plc to move above the current price in 90 days from now is about 40.15 (This Linde plc Ordinary probability density function shows the probability of Linde Stock to fall within a particular range of prices over 90 days) .

Linde Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Linde Plc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Linde Plc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Linde Plc's value.
InstituionRecorded OnShares
Bank Of New York Mellon Corp2023-12-31
7.4 M
Goldman Sachs Group Inc2023-12-31
7.4 M
Morgan Stanley - Brokerage Accounts2023-12-31
M
Jpmorgan Chase & Co2023-12-31
6.9 M
Wellington Management Company Llp2023-12-31
6.7 M
Nuveen Asset Management, Llc2023-12-31
6.4 M
Winder Pte Ltd2023-12-31
5.1 M
Northern Trust Corp2023-12-31
4.9 M
Franklin Resources Inc2023-12-31
4.2 M
Vanguard Group Inc2023-12-31
44.3 M
Blackrock Inc2023-12-31
35.1 M
View Linde Plc Diagnostics

Linde Plc Historical Income Statement

Linde plc Ordinary Income Statement is one of the three primary financial statements used for reporting Linde's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Linde plc Ordinary revenue and expense. Linde Plc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Linde Plc's EBIT is very stable compared to the past year. As of the 23rd of April 2024, EBITDA is likely to grow to about 12.9 B, though Total Other Income Expense Net is likely to grow to (77 M). View More Fundamentals

Linde Stock Against Markets

Picking the right benchmark for Linde Plc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Linde Plc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Linde Plc is critical whether you are bullish or bearish towards Linde plc Ordinary at a given time. Please also check how Linde Plc's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Linde Plc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Linde Plc Corporate Directors

Linde Plc corporate directors refer to members of a Linde Plc board of directors. The board of directors generally takes responsibility for the Linde Plc's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Linde Plc's board members must vote for the resolution. The Linde Plc board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert WoodNon-Executive DirectorProfile
Denis BleyAdministrative and Financial Director, Member of the Management Board, Member of the Executive CommitteeProfile
Michael VerteuilDirector of Business Development, Member of the Management Board, Member of the Executive CommitteeProfile
Larry McVayNon-Executive DirectorProfile

How to buy Linde Stock?

Before investing in Linde Plc, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Linde Plc. To buy Linde Plc stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Linde Plc. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Linde Plc stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Linde plc Ordinary stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Linde plc Ordinary stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Linde plc Ordinary, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Linde Stock please use our How to Invest in Linde Plc guide.

Already Invested in Linde plc Ordinary?

The danger of trading Linde plc Ordinary is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Linde Plc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Linde Plc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Linde plc Ordinary is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Linde plc Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Linde Plc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Linde Plc Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Linde Plc Ordinary Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linde plc Ordinary. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Linde Stock analysis

When running Linde Plc's price analysis, check to measure Linde Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Linde Plc is operating at the current time. Most of Linde Plc's value examination focuses on studying past and present price action to predict the probability of Linde Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linde Plc's price. Additionally, you may evaluate how the addition of Linde Plc to your portfolios can decrease your overall portfolio volatility.
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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
12.59
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.