How to buy Linde shares | LIN historical share price and analysis

How to buy Linde shares

Own Linde shares in just a few minutes.

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Linde plc (LIN) is a leading specialty chemicals business with stocks listed in the US. It opened the day at US$287.69 after a previous close of US$285.84. During the day the price has varied from a low of USD287.49 to a high of USD292.49. The latest price was USD291.97 (25 minute delay). Linde is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Linde

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Linde. Find the share by name or ticker symbol: LIN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Linde reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Linde, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Linde. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Linde share price

Use our graph to track the performance of LIN stocks over time.

Linde shares at a glance

Information last updated 2021-04-21.
OpenUS$287.69
HighUS$292.49
LowUS$287.49
CloseUS$291.97
Previous closeUS$285.84
Change US$6.13
Change % 2.1446%
Volume 1,134,737
Information last updated 2021-04-20.
52-week rangeUS$169.937 - US$290.64
50-day moving average US$272.4297
200-day moving average US$255.3115
Target priceUS$300.11
PE ratio 61.2681
Dividend yield US$3.852 (1.33%)
Earnings per share (TTM) US$4.708

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Linde stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Linde price performance over time

Historical closes compared with the last close of $291.97

1 month (2021-03-19) 8.49%

Is Linde under- or over-valued?

Valuing Linde stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Linde's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Linde's P/E ratio

Linde's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 61x. In other words, Linde shares trade at around 61x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Linde's PEG ratio

Linde's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.9521. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Linde's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Linde's EBITDA

Linde's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$8.7 billion (£6.3 billion).

The EBITDA is a measure of a Linde's overall financial performance and is widely used to measure a its profitability.

Linde financials

Revenue TTM US$27.2 billion
Operating margin TTM 15.07%
Gross profit TTM US$11.9 billion
Return on assets TTM 2.94%
Return on equity TTM 5.18%
Profit margin 9.18%
Book value 90.421
Market capitalisation US$150.8 billion

TTM: trailing 12 months

Shorting Linde shares

There are currently 4.1 million Linde shares held short by investors – that's known as Linde's "short interest". This figure is 13.3% up from 3.6 million last month.

There are a few different ways that this level of interest in shorting Linde shares can be evaluated.

Linde's "short interest ratio" (SIR)

Linde's "short interest ratio" (SIR) is the quantity of Linde shares currently shorted divided by the average quantity of Linde shares traded daily (recently around 1.9 million). Linde's SIR currently stands at 2.09. In other words for every 100,000 Linde shares traded daily on the market, roughly 2090 shares are currently held short.

However Linde's short interest can also be evaluated against the total number of Linde shares, or, against the total number of tradable Linde shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Linde's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Linde shares in existence, roughly 10 shares are currently held short) or 0.0078% of the tradable shares (for every 100,000 tradable Linde shares, roughly 8 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Linde.

Find out more about how you can short Linde stock.

Linde share dividends

48%

Dividend payout ratio: 47.92% of net profits

Recently Linde has paid out, on average, around 47.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.47% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Linde shareholders could enjoy a 1.47% return on their shares, in the form of dividend payments. In Linde's case, that would currently equate to about $3.852 per share.

While Linde's payout ratio might seem fairly standard, it's worth remembering that Linde may be investing much of the rest of its net profits in future growth.

Linde's most recent dividend payout was on 21 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 March 2021 (the "ex-dividend date").

Have Linde's shares ever split?

Linde's shares were split on a 2:1 basis on 15 December 2003. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Linde shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Linde shares which in turn could have impacted Linde's share price.

Linde share price volatility

Over the last 12 months, Linde's shares have ranged in value from as little as US$169.937 up to US$290.64. A popular way to gauge a stock's volatility is its "beta".

LIN.US volatility(beta: 0.81)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Linde's is 0.8069. This would suggest that Linde's shares are less volatile than average (for this exchange).

Linde overview

Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It offers oxygen, nitrogen, argon, rare gases, carbon dioxide, hydrogen, helium, electronic and specialty gases, acetylene, and carbon monoxide. The company also designs and constructs turnkey process plants, such as olefin, natural gas, air separation, hydrogen and synthesis gas, and other plants. It serves healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, electronics, chemical, and water treatment industries. The company was founded in 1879 and is based in Guildford, the United Kingdom.

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