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A look at a High Market Cap Stock: Praxair Inc., PX

Praxair Inc., PX is in the exchange NYSE and its industry is Chemicals – Major Diversified in the sector of Basic Materials. Based in USA, Praxair Inc., PX  has a market cap of 35296.79. Since its IPO date on the 6/17/1992, Praxair Inc., PX performance year to date is 21.34%. Today Praxair Inc., PX has gained 0.22%, with a current price of 122.52.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 86.30%. The management of the company have seen the company have a payout ratio of 53.00%. Return of assets are at 8.30%, with return on investment at 12.50%.

In terms of debt levels and profit levels, Praxair Inc., PX is seeing a long-term debt/equity of 1.79. While Total debt/equity is 1.94. With a profit margin of 15.10%, this is combined with a gross margin of 44.90%, and operating margin of 22.60%. Praxair Inc. ability to meet debt levels, with a current ratio of 1.3, while the quick ratio is 1.1.

For the last year Praxair Inc., PX has seen a EPS growth of -6.60%. A performance for the year of 19.09%. The 52-week high is -1.98%, and the 52-week low is 29.97%. The average volume for Praxair Inc., PX is 654000.

With a target price of 125, can Praxair Inc., PX reach this target? Looking at the value indicators of Praxair Inc., PX. Praxair Inc. has a P/E of 22.28 and a forward P/E of 20.3. Perhaps the more useful indicator than P/E, is PEG which has a value of 3.63. Praxair Inc. also has a P/S and a P/B of 3.38 and 6.81 respectively. For P/cash, Praxair Inc. has a value of 62.25, while it is 84.24 for P/free cash flow.

At the current price of 122.52, Praxair Inc. has a dividend yield of 2.45%. We see a return on equity of 33.80%.

Looking more long-term Praxair Inc., is projected to get an EPS growth for the next five years of 6.15%. In the short-term an EPS growth of 9.49% in the next year is forecasted. This is after a EPS growth of -6.60% for this year and for the last five years a 6.90% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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