When Should You Buy Air Products and Chemicals, Inc. (NYSE:APD)?
NYSE:APD). The company’s shares received a lot of attention from a substantial price increase on the NYSE over the last few months. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Let’s examine Air Products and Chemicals’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.” data-reactid=”28″>Let’s talk about the popular Air Products and Chemicals, Inc. (NYSE:APD). The company’s shares received a lot of attention from a substantial price increase on the NYSE over the last few months. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Let’s examine Air Products and Chemicals’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
View our latest analysis for Air Products and Chemicals ” data-reactid=”29″> View our latest analysis for Air Products and Chemicals
Is Air Products and Chemicals still cheap?
The stock seems fairly valued at the moment according to my valuation model. It’s trading around 18% below my intrinsic value, which means if you buy Air Products and Chemicals today, you’d be paying a fair price for it. And if you believe that the stock is really worth $353.29, then there’s not much of an upside to gain from mispricing. In addition to this, Air Products and Chemicals has a low beta, which suggests its share price is less volatile than the wider market.
What does the future of Air Products and Chemicals look like?
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Air Products and Chemicals’s earnings over the next few years are expected to increase by 43%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
What this means for you:
1 warning sign we think you should be aware of.” data-reactid=”53″>Keep in mind, when it comes to analysing a stock it’s worth noting the risks involved. For example – Air Products and Chemicals has 1 warning sign we think you should be aware of.
50 other stocks with a high growth potential.” data-reactid=”54″>If you are no longer interested in Air Products and Chemicals, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”55″>This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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