Airgas (NYSE:ARG) will be posting its Q1 2014 quarterly earnings results before the market opens on Thursday, July 25th.
Airgas (NYSE:ARG) last announced its earnings results on Thursday, May 2nd. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.01. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the previous year, the company posted $1.11 earnings per share. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. Airgas has set its Q1 guidance at $1.14-1.20 EPS and its FY14 guidance at $5.00-5.35 EPS. On average, analysts expect Airgas to post $5.07 EPS for the current fiscal year and $5.95 EPS for the next fiscal year.
Airgas (NYSE: ARG) opened at 101.08 on Wednesday. Airgas has a 52-week low of $76.01 and a 52-week high of $104.40. The stock’s 50-day moving average is currently $98.2. The company has a market cap of $7.402 billion and a price-to-earnings ratio of 22.95.
ARG has been the subject of a number of recent research reports. Analysts at BB&T Corp. raised their price target on shares of Airgas from $107.00 to $115.00 in a research note to investors on Monday. They now have a “buy” rating on the stock. On a related note, analysts at Raymond James initiated coverage on shares of Airgas in a research note to investors on Friday, June 14th. They set a “market perform” rating on the stock. Finally, analysts at BGC Financial reiterated a “buy” rating on shares of Airgas in a research note to investors on Wednesday, May 8th. They now have a $110.00 price target on the stock.
One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $103.00.
Airgas, Inc (NYSE: ARG) is a distributor of industrial, medical and specialty gases (delivered in packaged or cylinder form), and hardgoods, such as welding equipment and supplies.