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How to buy Linde stock

Own Linde stock in just a few minutes.

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Linde plc is a specialty chemicals business based in the US. Linde shares (LIN) are listed on the NYSE and all prices are listed in US Dollars. Linde employs 76,662 staff and has a trailing 12-month revenue of around USD$27.2 billion.

How to buy shares in Linde

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Linde Find the stock 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 purchase, 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 minimize 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. Optimize 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 2020-09-25.
52-week rangeUSD$146.71 - USD$257.05
50-day moving average USD$247.526
200-day moving average USD$211.1069
Wall St. target priceUSD$269.88
PE ratio 59.6167
Dividend yield USD$3.85 (1.65%)
Earnings per share (TTM) USD$4.23

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

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 60x. In other words, Linde shares trade at around 60x 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 2.3051. 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 USD$8.2 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 USD$27.2 billion
Operating margin TTM 13.68%
Gross profit TTM USD$11.6 billion
Return on assets TTM 2.69%
Return on equity TTM 4.67%
Profit margin 8.37%
Book value $86.678
Market capitalisation USD$123.2 billion

TTM: trailing 12 months

Shorting Linde shares

There are currently 3.8 million Linde shares held short by investors – that's known as Linde's "short interest". This figure is 5.5% down from 4.1 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 1.6 million). Linde's SIR currently stands at 2.44. In other words for every 100,000 Linde shares traded daily on the market, roughly 2440 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 0.0073% of the tradable shares (for every 100,000 tradable Linde shares, roughly 7 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

88%

Dividend payout ratio: 87.52% of net profits

Recently Linde has paid out, on average, around 87.52% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.65% 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 1.65% return on their shares, in the form of dividend payments. In Linde's case, that would currently equate to about $3.85 per share.

Linde's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Linde's most recent dividend payout was on 18 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 2 September 2020 (the "ex-dividend date").

Have Linde's shares ever split?

Linde's shares were split on a 2:1 basis on 16 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 $146.71 up to $257.05. A popular way to gauge a stock's volatility is its "beta".

LIN.US volatility(beta: 0.74)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 0.7402. 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. The company offers oxygen, nitrogen, argon, rare gases, carbon monoxide, carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also designs and constructs turnkey process plants, such as olefin, natural gas, air separation, and hydrogen and synthesis gas plants. The company serves healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment industries. Linde plc was founded in 1879 and is based in Guildford, the United Kingdom.

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