Linde PLC
LIN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$498.00 | Sgcqt | Ytqfbxjqs |
Linde Earnings: Solid Results Boost Bottom End of Full-Year Outlook
Wide-moat-rated Linde's second-quarter adjusted EPS of $3.85 surpassed management's $3.70-$3.80 guidance despite a challenging macroeconomic environment. We've raised our fair value estimate to $425 from $420, mostly due to time value of money, and we see shares as fairly valued at current levels.