Linde plc Ordinary Shares (LIN) - Stock & Dividends

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

Linde plc Ordinary Shares (NASDAQ: LIN) is a global industrial gas company with operations spanning across North and South America, Europe, the Middle East, Africa, and the Asia Pacific.

They provide a wide array of atmospheric gases such as oxygen, nitrogen, argon, and rare gases, along with process gases like carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

In addition to their gas offerings, Linde plc also specializes in designing and constructing turnkey process plants for third-party customers and their own gas businesses. These plants are used for air separation, hydrogen, synthesis, olefin, and natural gas processes.

The company caters to a diverse range of industries, including healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics, providing essential gases and services to support their operations.

Linde plc has a rich history, founded in 1879 with headquarters based in Woking, United Kingdom. For more information, you can visit their website at https://www.linde.com.

Drawdown (Underwater) Chart

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

LIN Stock Overview

Market Cap in USD 220,205m
Sector Basic Materials
Industry Specialty Chemicals
GiC SubIndustry Industrial Gases
TER 0.00%
IPO / Inception 2002-01-11

LIN Stock Ratings

Growth 5y 9.05
Fundamental 55.5
Dividend 7.65
Rel. Performance vs Sector 0.16
Analysts 4.07/5
Fair Price Momentum 448.90 USD
Fair Price DCF 320.45 USD

LIN Dividends

Yield 12m 1.22%
Yield on Cost 5y 3.12%
Dividends CAGR 5y 7.82%
Payout Consistency 100.0%

LIN Growth Ratios

Growth 12m 17.45%
Growth Correlation 12m 71%
Growth Correlation 3m -7%
CAGR 5y 20.62%
Sharpe Ratio 12m 0.72
Alpha vs SP500 12m -8.06
Beta vs SP500 5y weekly 0.93
ValueRay RSI 8.17
Volatility GJR Garch 1y 15.59%
Price / SMA 50 -5.75%
Price / SMA 200 4.63%
Current Volume 1344.8k
Average Volume 20d 1826.7k

External Links for LIN Stock

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What is the price of LIN stocks?
As of May 09, 2024, the stock is trading at USD 427.71 with a total of 1,344,802 shares traded.
Over the past week, the price has changed by -3.37%, over one month by -7.36%, over three months by +3.62% and over the past year by +18.49%.
What is the forecast for LIN stock price target?
According to ValueRays Forecast Model, LIN Linde plc Ordinary Shares will be worth about 497.3 in May 2025. The stock is currently trading at 427.71. This means that the stock has a potential upside of +16.27%.
Issuer Forecast Upside
Wallstreet Target Price 469 9.65
Analysts Target Price 424 -0.87
ValueRay Target Price 497.3 16.3

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.