Media stories about Praxair (NYSE:PX) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Praxair earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the basic materials company an impact score of 46.3127673458293 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

A number of brokerages have issued reports on PX. J P Morgan Chase & Co raised their price objective on shares of Praxair from $145.00 to $172.00 and gave the company an “overweight” rating in a research note on Friday, November 17th. Argus raised shares of Praxair from a “hold” rating to a “buy” rating and set a $171.00 price objective on the stock in a research note on Monday, November 13th. Susquehanna Bancshares raised their price objective on shares of Praxair from $155.00 to $175.00 in a research note on Tuesday, November 7th. Zacks Investment Research raised shares of Praxair from a “hold” rating to a “buy” rating and set a $165.00 price objective on the stock in a research note on Monday, November 6th. Finally, Citigroup raised shares of Praxair from a “neutral” rating to a “buy” rating and raised their price objective for the company from $137.00 to $168.00 in a research note on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $154.31.

Shares of Praxair (PX) traded up $0.57 during midday trading on Thursday, hitting $150.96. 1,646,963 shares of the stock were exchanged, compared to its average volume of 1,339,038. The company has a market capitalization of $43,827.62, a PE ratio of 26.67, a price-to-earnings-growth ratio of 2.28 and a beta of 1.00. Praxair has a 52 week low of $115.00 and a 52 week high of $156.40. The company has a current ratio of 1.11, a quick ratio of 0.91 and a debt-to-equity ratio of 1.22.

Praxair (NYSE:PX) last announced its quarterly earnings results on Thursday, October 26th. The basic materials company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. The company had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.84 billion. Praxair had a net margin of 14.56% and a return on equity of 27.13%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the firm posted $1.41 earnings per share. analysts forecast that Praxair will post 5.81 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, December 7th will be given a dividend of $0.7875 per share. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $3.15 dividend on an annualized basis and a dividend yield of 2.09%. Praxair’s dividend payout ratio is 56.05%.

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

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Praxair Company Profile

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.

Insider Buying and Selling by Quarter for Praxair (NYSE:PX)

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