Chart Industries, Inc. (NYSE:GTLS – Get Free Report) Director Paul E. Mahoney bought 500 shares of Chart Industries stock in a transaction dated Wednesday, September 11th. The stock was purchased at an average price of $106.55 per share, for a total transaction of $53,275.00. Following the purchase, the director now directly owns 2,107 shares in the company, valued at approximately $224,500.85. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Chart Industries Trading Up 3.0 %
GTLS opened at $114.98 on Friday. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $177.21. The company has a market cap of $4.92 billion, a price-to-earnings ratio of 114.98, a price-to-earnings-growth ratio of 0.35 and a beta of 1.70. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.27 and a quick ratio of 0.98. The firm has a 50 day simple moving average of $132.10 and a 200 day simple moving average of $143.81.
Chart Industries (NYSE:GTLS – Get Free Report) last posted its quarterly earnings results on Friday, August 2nd. The industrial products company reported $2.18 earnings per share for the quarter, missing analysts’ consensus estimates of $2.57 by ($0.39). Chart Industries had a net margin of 2.80% and a return on equity of 12.27%. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the company earned $1.19 EPS. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Chart Industries, Inc. will post 10.57 earnings per share for the current year.
Hedge Funds Weigh In On Chart Industries
Analysts Set New Price Targets
A number of equities analysts have commented on GTLS shares. The Goldman Sachs Group reduced their price target on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th. Craig Hallum dropped their price target on Chart Industries from $229.00 to $199.00 and set a “buy” rating for the company in a report on Monday, August 5th. Wells Fargo & Company reduced their price objective on Chart Industries from $179.00 to $151.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 6th. Bank of America raised their target price on Chart Industries from $180.00 to $185.00 and gave the company a “buy” rating in a research note on Monday, July 15th. Finally, Barclays reduced their price target on shares of Chart Industries from $193.00 to $147.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $187.46.
View Our Latest Report on GTLS
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 Articles
- Five stocks we like better than Chart Industries
- Roth IRA Calculator: Calculate Your Potential Returns
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- What Are Dividends? Buy the Best Dividend Stocks
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- There Are Different Types of Stock To Invest In
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
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.