LIN - Linde plc Ordinary Shares - Stock & Dividends

Exchange: USA Stocks • Country: United Kingdom • Currency: USD • Type: Common Stock • ISIN: IE000S9YS762

Industrial Gases, Process Gases, Turnkey Process Plants

Linde plc is a multinational industrial gas company with operations spanning across the Americas, Europe, the Middle East, Africa, Asia, and the South Pacific. The company's product portfolio includes a wide range of atmospheric gases, such as oxygen, nitrogen, argon, and rare gases, which are essential for various industrial applications. Additionally, Linde plc offers process gases like carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene, which are used in diverse industries.

One of the key services offered by Linde plc is the design and construction of turnkey process plants for third-party customers, as well as for its own gas businesses. These plants are built in various locations and cater to different industries, including air separation, hydrogen, synthesis, olefin, and natural gas plants. This expertise enables Linde plc to provide customized solutions to its customers, meeting their specific requirements and improving their operational efficiency.

The company serves a diverse range of industries, including healthcare, where its gases are used in medical equipment and life-saving treatments; chemicals and energy, where its gases are used as feedstocks or to enhance process efficiency; manufacturing, where its gases are used in welding, cutting, and other applications; metals and mining, where its gases are used in steel production and other metallurgical processes; food and beverage, where its gases are used in food processing and packaging; and electronics, where its gases are used in semiconductor manufacturing and other applications.

With a rich history dating back to 1879, Linde plc has established itself as a leader in the industrial gas industry. The company is headquartered in Woking, the United Kingdom, and has a strong online presence, with its website providing detailed information about its products, services, and company news.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for LIN - Linde plc Ordinary Shares  - Stock & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for LIN - Linde plc Ordinary Shares  - Stock & Dividends

LIN Stock Overview

Market Cap in USD 208,121m
Sector Basic Materials
Industry Specialty Chemicals
GiC SubIndustry Industrial Gases
TER 0.00%
IPO / Inception 2002-01-11

LIN Stock Ratings

Growth 5y 89.4
Fundamental 62.9
Dividend 62.0
Rel. Performance vs Sector 0.06
Analysts 4.07/5
Fair Price Momentum 473.81 USD
Fair Price DCF 293.12 USD

LIN Dividends

Dividend Yield 12m 1.18%
Yield on Cost 5y 2.88%
Dividends CAGR 5y 7.82%
Payout Consistency 99.4%

LIN Growth Ratios

Growth 12m 17.59%
Growth Correlation 12m 60%
Growth Correlation 3m 48%
CAGR 5y 19.45%
CAGR/Mean DD 5y 3.48
Sharpe Ratio 12m 0.77
Alpha vs SP500 12m -2.10
Beta vs SP500 5y weekly 0.93
ValueRay RSI 73.78
Volatility GJR Garch 1y 16.96%
Price / SMA 50 3.33%
Price / SMA 200 6.58%
Current Volume 1307.4k
Average Volume 20d 1537.6k

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What is the price of LIN stocks?
As of July 27, 2024, the stock is trading at USD 451.39 with a total of 1,307,399 shares traded.
Over the past week, the price has changed by -0.67%, over one month by +0.42%, over three months by +0.14% and over the past year by +15.41%.
What are the forecast for LIN stock price target?
According to ValueRays Forecast Model, LIN Linde plc Ordinary Shares will be worth about 523.3 in July 2025. The stock is currently trading at 451.39. This means that the stock has a potential upside of +15.92%.
Issuer Forecast Upside
Wallstreet Target Price 472.8 4.75
Analysts Target Price 424 -6.07
ValueRay Target Price 523.3 15.9

Linde PLC: Pioneering Gas and Engineering

History of Linde PLC

Linde PLC's journey began over a century ago, rooted in the innovations of Carl von Linde, a German engineer who made significant strides in refrigeration and gas separation technologies. The company evolved through the years, expanding its expertise and global footprint, culminating in the 2018 merger of Linde AG and Praxair, Inc., to form the current Linde PLC. This merger united two of the gas industry's giants, creating a global leader in the production, processing, and distribution of industrial gases.

Core Business

Linde's core business revolves around the production and supply of industrial gases, including oxygen, nitrogen, argon, hydrogen, and carbon dioxide. These gases are crucial in various industries, from healthcare, where oxygen supports life and medical technologies, to manufacturing, where gases like nitrogen and hydrogen play a key role in processes such as welding and refining. Linde's success hinges on its ability to innovate and efficiently deliver these essential gases to a broad range of industries worldwide.

Side Businesses

Beyond its primary focus on industrial gases, Linde engages in several complementary businesses. One significant area is the engineering division, which designs and constructs large-scale gas production and processing plants. Linde also offers gas management services, helping customers optimize their gas usage and manage supplies more effectively. Through its diverse portfolio, Linde extends its market reach and solidifies its position as an indispensable partner across industries.

Current Market Status

As of the last update, Linde plc (NASDAQ:LIN) remains a dominant player in the global industrial gases market. The company has shown resilience and growth, capitalizing on the rising demand for medical gases amidst global challenges and continuing to innovate in the green energy and technology spaces. With a strategic focus on expanding its global presence and investing in future-oriented technologies, Linde is well-positioned to maintain its leadership in the industry.