Earnings Forecast Research on Praxair, Inc. (PX)

Praxair, Inc. has received $1.33 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 8 Financial Advisor in the Stock Trading Firms. Among 8 Analysts, Bottom line EPS Estimate for the current quarter is $1.3 while the top line estimate is $1.36 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 3.71%.

Danbury based Praxair, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on May 05, 2017.

Praxair, Inc. has a Price to Earnings ratio of 21.73 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 6.26. For the Most Recent Fiscal Year, Praxair, Inc. has a price to cash ratio of 12.62. For the Trailing twelve month period, company showed a Net Profit Margin of 14.24% and Return on Equity of the stock is 28.75%.

In the last quarter, Praxair, Inc. reported Annual Earnings of $1.41. Based on the filings, last years Annual Earnings was, $5.48. In the last Quarter, PX reported a surprise Earnings per Share of 0% . The consensus estimate for current quarter is $1.33 and for the current fiscal year, the estimate is $5.72. For the Next fiscal year, the estimate is $6.29 based on the consensus.

Praxair, Inc. (NYSE:PX) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.86 points or 0.72% at $118.44 with 1,356,776 shares getting traded. Post opening the session at $118.76, the shares hit an intraday low of $118.055 and an intraday high of $118.88 and the price was in this range throughout the day. The company has a market cap of $33,801 million and the number of outstanding shares has been calculated to be 285,388,990 shares. The 52-week high of Praxair, Inc. (NYSE:PX) is $125 and the 52-week low is $97.78.

Praxair is one of the largest industrial gases companies in North and South America. Praxairs primary products for its industrial gases business are atmospheric gases and process gases. The companys surface technology segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. The company also designs, engineers and builds equipment that produces industrial gases through its global supply systems.

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