Chart Industries (NYSE:GTLS) Updates FY 2025 Earnings Guidance

Chart Industries (NYSE:GTLS) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 12.000-13.000 for the period, compared to the consensus estimate of 12.530. The company issued revenue guidance of $4.7 billion-$4.9 billion, compared to the consensus revenue estimate of $4.9 billion. Chart Industries also updated its FY 2024 guidance to 9.000-9.000 EPS.

Wall Street Analysts Forecast Growth

GTLS has been the subject of a number of recent research reports. Stifel Nicolaus boosted their target price on Chart Industries from $198.00 to $200.00 and gave the company a “buy” rating in a research note on Monday. Barclays lowered their price objective on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday. Evercore ISI upgraded shares of Chart Industries to a “strong-buy” rating in a report on Monday, August 5th. The Goldman Sachs Group lowered their price target on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating for the company in a report on Thursday, August 29th. Finally, Morgan Stanley raised shares of Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 price target for the company in a research report on Monday, September 16th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $178.82.

Chart Industries Trading Up 8.5 %

Shares of NYSE:GTLS traded up $11.09 on Monday, hitting $141.09. The company had a trading volume of 2,065,117 shares, compared to its average volume of 630,779. Chart Industries has a 1 year low of $101.60 and a 1 year high of $171.68. The company has a quick ratio of 0.98, a current ratio of 1.27 and a debt-to-equity ratio of 1.28. The firm’s 50-day simple moving average is $121.62 and its two-hundred day simple moving average is $136.98. The firm has a market capitalization of $6.04 billion, a price-to-earnings ratio of 39.68, a P/E/G ratio of 0.56 and a beta of 1.71.

Chart Industries (NYSE:GTLS) last posted its earnings results on Friday, November 1st. The industrial products company reported $2.18 earnings per share for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.38). The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Chart Industries had a return on equity of 12.27% and a net margin of 2.80%. The firm’s revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the company posted $1.28 EPS. Equities analysts anticipate that Chart Industries will post 9.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Paul E. Mahoney acquired 500 shares of Chart Industries stock in a transaction that occurred on Wednesday, September 11th. The stock was bought at an average price of $106.55 per share, with a total value of $53,275.00. Following the transaction, the director now directly owns 2,107 shares in the company, valued at approximately $224,500.85. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Paul E. Mahoney purchased 500 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were purchased at an average cost 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. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Linda S. Harty acquired 5,000 shares of Chart Industries stock in a transaction that occurred on Monday, September 16th. The shares were purchased at an average price of $48.05 per share, with a total value of $240,250.00. Following the transaction, the director now owns 5,000 shares of the company’s stock, valued at $240,250. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 7,152 shares of company stock worth $482,278. 0.95% of the stock is owned by corporate insiders.

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.