Shares of Chart Industries, Inc. (NYSE:GTLS – Get Free Report) have been given an average rating of “Moderate Buy” by the thirteen research firms that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $194.85.
A number of brokerages recently issued reports on GTLS. Wells Fargo & Company upped their price objective on shares of Chart Industries from $155.00 to $172.00 and gave the company an “overweight” rating in a report on Friday, March 1st. Morgan Stanley initiated coverage on shares of Chart Industries in a research note on Thursday, April 18th. They issued an “equal weight” rating and a $200.00 price target for the company. UBS Group raised shares of Chart Industries from a “neutral” rating to a “buy” rating and lifted their price target for the company from $152.00 to $170.00 in a research report on Tuesday, March 19th. TD Cowen increased their price objective on Chart Industries from $230.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, February 29th. Finally, Raymond James upgraded Chart Industries from an “outperform” rating to a “strong-buy” rating and set a $190.00 target price on the stock in a research report on Thursday, January 4th.
Read Our Latest Analysis on GTLS
Institutional Inflows and Outflows
Chart Industries Stock Up 1.0 %
GTLS stock opened at $149.49 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 1.22. The firm has a 50-day moving average of $146.53 and a two-hundred day moving average of $136.44. Chart Industries has a 12 month low of $106.66 and a 12 month high of $184.65. The company has a market cap of $6.28 billion, a price-to-earnings ratio of 393.39, a PEG ratio of 0.41 and a beta of 1.70.
Chart Industries (NYSE:GTLS – Get Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The industrial products company reported $2.25 EPS for the quarter, beating the consensus estimate of $2.13 by $0.12. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Chart Industries had a return on equity of 9.27% and a net margin of 1.00%. The business’s revenue for the quarter was up 130.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.67 earnings per share. As a group, analysts forecast that Chart Industries will post 11.98 earnings per share for the current fiscal year.
Chart Industries Company Profile
Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.
Featured Stories
- Five stocks we like better than Chart Industries
- Where to Find Earnings Call Transcripts
- It’s Time to Buy Into the Super Micro Computer Stock Implosion
- Overbought Stocks Explained: Should You Trade Them?
- Merger or Not, Albertson’s Companies is a Good Buy
- How to Use High Beta Stocks to Maximize Your Investing Profits
- 3 Cheap Stocks That Shouldn’t Be So
Receive News & Ratings for Chart Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries and related companies with MarketBeat.com's FREE daily email newsletter.