Praxair (NYSE:PX) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, January 24th. Praxair has set its FY17 guidance at $5.78-2.83 EPS.

Praxair (NYSE:PX) last posted its quarterly earnings results on Thursday, October 26th. The basic materials company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.06. Praxair had a net margin of 14.56% and a return on equity of 27.13%. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.84 billion. During the same period in the prior year, the business posted $1.41 earnings per share. The company’s revenue was up 7.6% on a year-over-year basis. On average, analysts expect Praxair to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Shares of Praxair (NYSE PX) opened at $162.10 on Wednesday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.91 and a current ratio of 1.11. Praxair has a 1 year low of $115.53 and a 1 year high of $166.08. The stock has a market cap of $46,410.00, a PE ratio of 28.84, a price-to-earnings-growth ratio of 2.26 and a beta of 1.00.

In other news, Director Raymond W. Leboeuf sold 6,550 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $117.26, for a total transaction of $768,053.00. Following the completion of the sale, the director now directly owns 16,697 shares in the company, valued at $1,957,890.22. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.

Several analysts have issued reports on PX shares. Jefferies Group restated a “buy” rating and set a $162.00 price target on shares of Praxair in a research report on Thursday, October 19th. Zacks Investment Research lowered shares of Praxair from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. SunTrust Banks restated a “buy” rating and set a $162.00 price target on shares of Praxair in a research report on Friday, October 27th. Barclays upped their price target on shares of Praxair from $140.00 to $160.00 and gave the company an “equal weight” rating in a research report on Friday, October 27th. Finally, UBS Group upped their price target on shares of Praxair from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $159.86.

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About Praxair

Praxair, Inc is an industrial gas company. The Company’s operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, it operates its surface technologies business through its subsidiary, Praxair Surface Technologies, Inc, which represents the fifth segment.

Earnings History for Praxair (NYSE:PX)

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