Brokerages Anticipate Linde Ag Spon (NASDAQ:LNEGY) Will Post Earnings of $0.22 Per Share

Wall Street analysts expect Linde Ag Spon (NASDAQ:LNEGY) to announce $0.22 earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Linde Ag Spon ‘s earnings. Linde Ag Spon reported earnings per share of $0.19 during the same quarter last year, which would indicate a positive year over year growth rate of 15.8%. The company is expected to issue its next quarterly earnings report on Friday, October 27th.

According to Zacks, analysts expect that Linde Ag Spon will report full year earnings of $0.86 per share for the current fiscal year. For the next financial year, analysts expect that the company will post earnings of $0.96 per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Linde Ag Spon .

A number of research firms have recently weighed in on LNEGY. Zacks Investment Research upgraded Linde Ag Spon from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Thursday, June 1st. HSBC Holdings plc upgraded Linde Ag Spon from a “hold” rating to a “buy” rating in a research report on Thursday, May 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $22.00.

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Linde Ag Spon (NASDAQ:LNEGY) traded up 0.984% on Friday, reaching $19.197. The company’s stock had a trading volume of 22,131 shares. The company has a market cap of $35.64 billion and a P/E ratio of 26.395. The company has a 50-day moving average price of $19.52 and a 200 day moving average price of $17.77. Linde Ag Spon has a 12 month low of $14.08 and a 12 month high of $20.16.

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