Chart Industries, Inc. (NYSE:GTLS) Given “Moderate Buy” rating by the brokerage

Chart Industries, Inc. (NYSE:GTLS – Get Your Free Report ) has received a consensus rating of “Moderate Buy” from the fourteen brokerages that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $189.31.

GTLS has been the subject of several recent analyst reports. Evercore ISI upgraded shares of Chart Industries to a “strong-buy” rating in a report on Monday, August 5th. TD Cowen boosted their price target on Chart Industries from $260.00 to $265.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Piper Sandler boosted their price target on Chart Industries from $151.00 to $160.00 and gave the company a “neutral” rating in a research report on Monday, May 6th. Craig Hallum reduced their price objective on Chart Industries from $229.00 to $199.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Finally, Goldman Sachs Group boosted their price target on Chart Industries from $150.00 to $168.00 and gave the company a “neutral” rating in a report on Tuesday, May 28th.

Read our latest research report on GTLS

Chart Industries Price Performance

Shares of NYSE:GTLS opened at $123.60 on Monday. The company has a quick ratio of 0.95, a current ratio of 1.25, and a debt-to-equity ratio of 1.29. The stock has a market cap of $5.29 billion, a PE ratio of 123.60, a PEG ratio of 0.44 and a beta of 1.74. The company’s fifty day moving average is $140.07 and its 200 day moving average is $145.12. Chart Industries has a 52 week low of $106.88 and a 52 week high of $184.65.

Chart Industries (NYSE:GTLS – Get Your Free Report ) last released its quarterly earnings data on Friday, August 2nd. The industrial products company reported $2.18 EPS for the quarter, missing the consensus estimate of $2.57 by ($0.39). Chart Industries had a return on equity of 9.49% and a net margin of 1.59%. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.11 billion. In the same quarter last year, the firm posted EPS of $1.19. The company’s quarterly revenue was up 14.5% year over year. research analysts anticipate that Chart Industries will post 11.56 earnings per share for the current year.

Institutional inputs and outputs

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GTLS. EFG Asset Management North America Corp. boosted its holdings in Chart Industries by 0.5% in the second quarter. EFG Asset Management North America Corp. now owns 13,279 shares of the industrial products company’s stock worth $1,916,000 after purchasing an additional 63 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in Chart Industries by 3.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,871 shares of the industrial products company’s stock worth $270,000 after purchasing an additional 64 shares in the last quarter. Banque Cantonale Vaudoise grew its position in Chart Industries by 5.1% in the first quarter. Banque Cantonale Vaudoise now owns 1,757 shares of the industrial products company’s stock worth $290,000 after buying an additional 85 shares in the last quarter. Arizona State Retirement System boosted its stake in Chart Industries by 0.7% during the second quarter. Arizona State Retirement System now owns 11,836 shares of the industrial products company’s stock valued at $1,708,000 after purchasing an additional 87 shares during the last quarter. Finally, Aristeia Capital LLC boosted its holdings in Chart Industries by 3.7% in the second quarter. Aristeia Capital LLC now owns 2,611 shares of the industrial products company’s stock worth $377,000 after buying an additional 92 shares in the last quarter.

Chart Industries Company Profile

(Get a free report

Chart Industries, Inc. is engaged in the design, engineering and manufacturing of process technologies and equipment for 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 and Leasing.

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