Stock Updates

Is this Large Market Cap Stock target price reasonable for Praxair Inc. (NYSE:PX)?

The company in question is, Praxair Inc. (NYSE:PX) currently with a stock price of 118.25 (-0.12% today). The market cap for Praxair Inc. is 33767.2, and is in the sector Basic Materials, and Chemicals – Major Diversified industry. The target price for Praxair Inc. is 120.33. Currently Praxair Inc. is trading with a P/E of 22.89, and a forward P/E of 19.42. Average volume for Praxair Inc. is 1170.37 and so far today it is 415045.

Performance in the last year for Praxair Inc. has been 8.83%. For EPS growth, Praxair Inc. has seen a growth of -6.60%, and is looking to grow in the next year to 9.72%. More long term stats show that EPS growth has been 6.90% over the last five years and could be 6.34% for the next five years. Praxair Inc. has seen sales growth quarter over quarter at -9.00%, with EPS growth quarter over quarter at -12.90%. The 20-day simple moving average is 4.73%, with the 200-day simple moving average coming to 8.84%.

Since the IPO date for Praxair Inc. on the 6/17/1992, Praxair Inc. has seen performance year to date to be 17.25%. With Praxair Inc. trading at 118.25, the dividend yield is 2.53%, and the EPS is 5.17.

So could Praxair Inc., be undervalued? Well as said before P/E is 22.89. The PEG is 3.61, P/S is 3.21 and the P/B is at 6.91. The P/cash is 152.79, with P/free cash flow at 78.9.

Praxair Inc. ability to deal with debt shows that the current ratio is 1.6, and the quick ratio is 1.3. This is with long term debt/equity at 1.89, and total debt/equity at 1.92.

In terms of margins, Praxair Inc. has a gross margin of 44.80%, an operating margin of 21.40% and a profit margin of 14.10%.Payout ratio for Praxair Inc. is 55.70%. Return on assets come to 7.90% with return on investment coming to 12.50%.

Insider ownership for Praxair Inc., is at 0.10% and institutional ownership comes to 87.20%. Outstanding shares are at 285.22. While shares float is 284.85. The float short is currently 1.66%, and short ratio is 4.03.

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.

About the author

Stephen Butters

Leave a Comment