How to Buy Linde Stock
Linde PLC
Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific.
Linde stock last closed at $372.95, up 0.14% from the previous day, and has increased 36.08% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 0.27 percentage points. Linde stock is currently +42.09% from its 52-week low of $262.47, and -5.26% from its 52-week high of $393.67.
There are currently 487.95M LIN shares outstanding. The market cap of LIN is $181.98B. In the last 24 hours, 1.02M LIN shares were traded.
How to Buy Linde Stock
Not sure how to invest in Linde stock? Here's how.
- Decide where to buy Linde stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Linde stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your method of payment and add your info.
- Research Linde stock: The Linde ticker symbol is LIN. Is Linde stock a good investment? Should you buy shares of LIN? How do LIN's underlying business fundamentals look? Do top analysts think Linde is a good buy? Why has LIN's stock price moved recently? (Hint: Our stock research tools can help you decide if LIN is a good stock to buy).
- Execute your LIN buy order: Decide if you will purchase LIN shares at the current market price or use a limit order to purchase LIN shares at a given price.
- Get key alerts regarding your LIN position: Create a watchlist to watch your new investment in Linde stock.
Step 1: Decide where to buy Linde stock
You need a brokerage account to access the NYSE market and buy LIN shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global markets: From Tech to Energy, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you can invest in LIN stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal info to open a new trading account.
- Submit your data by pressing the "Create Account" button.
Step 3: Deposit money your investment account
Now that you have finished signing up on the best stock market app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing funds into your investment account.
Step 4: Research Linde stock
After you have figured out the best place to buy Linde stock, it's very important to research their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Linde quick stats
Linde Fundamentals
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on LIN's stock page.
How is LIN stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LIN's true value.
Using relative valuations measures:
- LIN may be overvalued based on its P/E ratio of 32.29x, relative to Specialty Chemicals industry P/E ratio of 25.22x
- LIN could be overvalued based on its P/B ratio of 4.56x, relative to Specialty Chemicals industry P/B ratio of 3.03x
- LIN may be overvalued based on its PEG ratio of 3.31x
You can do more valuation analysis on LIN's stock here.
How do LIN Financials look?
Positive Financial Indicators:
- LIN's operating cash flow of $8.79B allows it to safely service it's debt of $17.49B.
- LIN earnings of $7.48B is not sufficient to cover its interest payments.
- LIN profit margin has gone up from 10.9% to 17.2% in the past year.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the LIN balance sheet.
- There are more short-term liabilities than short-term assets on the LIN balance sheet.
- LIN has a relatively high debt to equity ratio of 0.94.
Is it a good time to buy Linde stock, according to Wall Street analysts?
Out of 11 Equities analysts who track LIN, the consensus analyst rating on LIN is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent LIN Analyst Ratings
Martin Evans, a top 45% analyst from HSBC maintains LIN with a strong buy rating and raises their LIN price target from $416.00 to $440.00, on Aug 7, 2023.
Bill Selesky, a top 10% analyst from Argus Research maintains LIN with a strong buy rating and raises their LIN price target from $440.00 to $463.00, on Aug 1, 2023.
Argus Research's Bill Selesky raised their price target on Linde PLC (NYSE: LIN) by 5.23% from $440.00 to $463.00 on 2023/08/01. The analyst maintained their Strong Buy rating on the stock.
Q2's higher-than-expected EPS was largely reflected driven by higher pricing and a stronger product mix, more than offsetting the impact of asset divestitures, negative cost pass-throughs, and unfavorable currency translation, Selesky said to sum up Linde's Q2 2023 earnings report.
Earnings Report
For Q2 2023, Linde reported:
- EPS of $3.57, which beat the Zacks Consensus Estimate of $3.47 and, by 15.2%, Q2 2022's $3.10.
- Revenue of $8.204M, which missed the Zacks Consensus Estimate of $8.639M and, by %, Q2 2022's $8.457M.
For FY 2023, management guided:
- EPS of $13.80 to $14., up 12% to 14% Y/Y.
- Capex of $3.5B to $4B.
CEO Sanjiv Lamba commented: “Linde delivered another quarter of strong results, growing EPS 15%, ROC to 24.9% and expanding operating margins 440 basis points, reaching 27.9%.
“Regardless of the geopolitical or economic uncertainty, we will continue to generate long-term shareholder value.”
Vincent Andrews, a top 11% analyst from Morgan Stanley reiterates LIN with a strong buy rating and maintains their LIN price target from $420.00 to $420.00, on Aug 1, 2023.
John McNulty, a top 16% analyst from BMO Capital maintains LIN with a buy rating and raises their LIN price target from $400.00 to $418.00, on Jul 31, 2023.
Michael Sison, a bottom 15% analyst from Wells Fargo maintains LIN with a strong buy rating and raises their LIN price target from $420.00 to $444.00, on Jul 28, 2023.
You can dig deeper into what analysts are saying on the Linde stock forecast page.
LIN Technical Indicators
How is LIN performing as a company?
Last year, LIN earnings were $5.69B. Over the last four year, LIN's earnings have gone up by -0.76% per year. This was slower than the Specialty Chemicals industry average of 10.28%.
Last year, LIN revenue was $33.09B. In the past four year, LIN's revenue has grown by 9.57% per year. This was faster than the Specialty Chemicals industry average of 8.03%.
Find out more about LIN's earnings and revenue performance here.
Are LIN executives and large shareholders buying or selling the stock?
In the past year, insiders at LIN have sold more shares than they have bought.
Sean Durbin, Executive VP North America of LIN, was the latest LIN insider to sell. They sold $266,470.75 worth of LIN stock on Sep 14, 2023.
Research more about who owns LIN stock here.
Can I get consistent income from LIN stock?
Linde pays a dividend of 0.66%, compared to the Specialty Chemicals industry's average dividend yield of 2.74%. If you owned $1,000 of LIN stock, you would have been paid $6.56 last year.
Linde dividend payments have consistently grown over the past 5 years and have remained stable.
Get more info about Linde dividend yield and history here.
LIN Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your LIN buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open button and your broker will place your order.
If you need additional help buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your LIN position
Now that you own some LIN stock, you'll want to keep up with your new investment.
Make a watchlist to get notified of important updates regarding your LIN stock.
LIN Feed
How to Buy Stock in Linde
To summarize, here are the 6 steps for buying Linde stock:
- Decide where to buy Linde stock
- Create a brokerage account
- Deposit money your investment account
- Research Linde stock
- Execute your LIN buy order
- Get key alerts regarding your LIN position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Linde, click below.
Other Stock Buying Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.