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Praxair Inc. (NYSE: PX) – Is this large market cap stock undervalued?

Praxair Inc. (NYSE: PX), is firmly in the large market cap category with market cap of 33756.97. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Praxair Inc. is 118.35 (with a change from open of -0.17%), this in conjunction with a target price of 125.78. Volume today has so far reached 2086300, with an average volume of about 1223.53. The GAP for this stock, is 1.32%.

The P/E ratio is 21.53, bringing the forward P/E to a value of 19.63. The current EPS for Praxair Inc., is 5.5, with a EPS growth for this year coming to a value of -6.60%. Performance has been interesting with performance year to date coming to 17.93%.

Looking further into the growth statistics for Praxair Inc., EPS is looking like it will grow 9.36% in the next year. Looking even further it is projected to be 6.15%. Quarter over quarter is 30.80% for EPS growth and for sales growth quarter over quarter it is -2.70%. Looking at past EPS growth statistics we see that for the past five years it has been 6.90%. Sales growth for the past five years has in fact been 1.30%.

Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 86.40%. Shares outstanding is 285.23, while shares float is at a value of 284.81. Float short for Praxair Inc. is 1.09% and the short ratio is 2.53.

In terms of debt, long term debt/equity is 1.79, while the total debt/equity comes to 1.94. The ability to meet these debts, means that the current ratio is 1.3, and the quick ratio is 1.1. The most recent gross margin is 44.90% and their operating margin is 22.60%. The profit margin is 15.10%.

Praxair Inc. has seen returns on assets of 8.30%, and on investment, 12.50%. Return on equity is 33.80%. Price/Earnings to growth ratio is 3.5. Price/Sales ratio is at a value of 3.23, with Price/book ratio coming to 6.57 and Price/cash is 59.54, and finally Price/Free cash Flow is 80.57.

The simple moving averages are -0.11% and 7.36% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -4.74% and the 52 week low is 26.31%.

Praxair Inc. has a dividend yield of 2.53%, with a current price of 118.35. The ability to pay this means the payout ratio is 53.00%. This is in an industry, Chemicals – Major Diversified, with equally high dividends from other companies in this sector, which it is Basic Materials. Praxair Inc. is based in USA.

Performance in the Chemicals – Major Diversified industry means that Praxair Inc. has seen performance for the past week of 0.30%, with performance for the month coming to -2.60%. Looking at the data for the quarter it is at a value of 7.61%, and for the half year the performance is 20.88%. Volatility for this week is 1.16% and for the month this is 1.41%.

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

Mark Hines

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