A number of other equities research analysts also recently commented on GTLS. BidaskClub upgraded Chart Industries from a sell rating to a hold rating in a research report on Thursday, February 15th. Zacks Investment Research downgraded Chart Industries from a buy rating to a hold rating in a research report on Friday, February 9th. Lake Street Capital boosted their target price on Chart Industries from $48.00 to $55.00 and gave the stock a buy rating in a research report on Friday, October 27th. Cowen set a $50.00 target price on Chart Industries and gave the stock a hold rating in a research report on Thursday, January 4th. Finally, Seaport Global Securities upgraded Chart Industries from a neutral rating to a buy rating and set a $58.00 target price on the stock in a research report on Friday, October 27th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of Buy and an average target price of $54.83.
Shares of Chart Industries (GTLS) opened at $58.71 on Thursday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.64 and a quick ratio of 0.74. The company has a market capitalization of $1,815.43, a PE ratio of 59.91, a P/E/G ratio of 1.33 and a beta of 1.38. Chart Industries has a 52-week low of $32.04 and a 52-week high of $59.74.
Chart Industries (NASDAQ:GTLS) last posted its earnings results on Thursday, February 22nd. The industrial products company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.15. The company had revenue of $306.00 million for the quarter, compared to the consensus estimate of $282.19 million. Chart Industries had a return on equity of 4.44% and a net margin of 2.84%. Chart Industries’s quarterly revenue was up 42.7% compared to the same quarter last year. analysts anticipate that Chart Industries will post 1.9 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its stake in Chart Industries by 3.4% during the third quarter. Dimensional Fund Advisors LP now owns 2,431,180 shares of the industrial products company’s stock worth $95,375,000 after acquiring an additional 80,677 shares during the last quarter. Eagle Asset Management Inc. increased its stake in Chart Industries by 17.5% during the fourth quarter. Eagle Asset Management Inc. now owns 1,701,901 shares of the industrial products company’s stock worth $79,733,000 after acquiring an additional 253,509 shares during the last quarter. Pzena Investment Management LLC increased its stake in Chart Industries by 2.9% during the third quarter. Pzena Investment Management LLC now owns 1,353,367 shares of the industrial products company’s stock worth $53,093,000 after acquiring an additional 37,964 shares during the last quarter. Carillon Tower Advisers Inc. bought a new stake in Chart Industries during the fourth quarter worth approximately $52,412,000. Finally, State Street Corp increased its stake in Chart Industries by 3.9% during the second quarter. State Street Corp now owns 740,294 shares of the industrial products company’s stock worth $25,707,000 after acquiring an additional 27,558 shares during the last quarter. 89.23% of the stock is currently owned by institutional investors.
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Chart Industries Company Profile
Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.
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