Linde (NASDAQ:LIN) Updates Q1 2025 Earnings Guidance

Linde (NASDAQ:LIN) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.850-3.950 for the period, compared to the consensus estimate of 3.970. The company issued revenue guidance of -. Linde also updated its FY 2025 guidance to 16.150-16.550 EPS.

Linde Stock Performance

Shares of NASDAQ:LIN traded down $5.37 during midday trading on Friday, reaching $455.31. 871,640 shares of the company traded hands, compared to its average volume of 2,342,444. The firm’s fifty day moving average price is $434.48 and its two-hundred day moving average price is $453.49. The firm has a market capitalization of $216.80 billion, a price-to-earnings ratio of 34.54, a price-to-earnings-growth ratio of 2.77 and a beta of 0.94. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.43. Linde has a 12 month low of $410.69 and a 12 month high of $487.49.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Thursday, February 6th. The basic materials company reported $3.97 earnings per share for the quarter, beating the consensus estimate of $3.93 by $0.04. Linde had a net margin of 19.33% and a return on equity of 18.16%. On average, equities analysts expect that Linde will post 15.45 earnings per share for the current year.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on Linde from $510.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, November 1st. TD Cowen upgraded shares of Linde from a “hold” rating to a “buy” rating and upped their price target for the stock from $480.00 to $515.00 in a research note on Monday, January 13th. Erste Group Bank restated a “hold” rating on shares of Linde in a research note on Tuesday, November 19th. BMO Capital Markets increased their target price on Linde from $477.00 to $507.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Finally, Citigroup dropped their price objective on Linde from $490.00 to $480.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 18th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Linde has a consensus rating of “Moderate Buy” and a consensus price target of $501.82.

Insider Activity

In other news, VP David P. Strauss sold 2,218 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $434.35, for a total transaction of $963,388.30. Following the transaction, the vice president now directly owns 25,926 shares of the company’s stock, valued at approximately $11,260,958.10. This trade represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Guillermo Bichara sold 4,385 shares of Linde stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $460.73, for a total value of $2,020,301.05. Following the sale, the vice president now directly owns 22,776 shares of the company’s stock, valued at approximately $10,493,586.48. This trade represents a 16.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company’s stock.

About Linde

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.