Chart Industries, Inc. (NASDAQ:GTLS) – Stock analysts at Gabelli increased their FY2018 earnings per share estimates for shares of Chart Industries in a report released on Tuesday. Gabelli analyst M. Trusz now anticipates that the industrial products company will earn $1.95 per share for the year, up from their previous forecast of $1.85.

A number of other research firms have also recently issued reports on GTLS. BidaskClub lowered Chart Industries from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Lake Street Capital boosted their price target on Chart Industries from $48.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Seaport Global Securities raised Chart Industries from a “neutral” rating to a “buy” rating and set a $58.00 price target on the stock in a research report on Friday, October 27th. Zacks Investment Research raised Chart Industries from a “hold” rating to a “strong-buy” rating and set a $50.00 price target on the stock in a research report on Wednesday, November 1st. Finally, Cowen reaffirmed a “hold” rating and issued a $40.00 target price on shares of Chart Industries in a research report on Sunday, October 22nd. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Chart Industries has an average rating of “Buy” and a consensus price target of $48.14.

Shares of Chart Industries (GTLS) traded down $1.01 during trading on Wednesday, hitting $46.57. The company had a trading volume of 389,300 shares, compared to its average volume of 230,405. Chart Industries has a twelve month low of $32.04 and a twelve month high of $48.78. The company has a current ratio of 1.13, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $1,464.09, a PE ratio of 91.50, a PEG ratio of 2.83 and a beta of 1.32.

Chart Industries (NASDAQ:GTLS) last released its earnings results on Thursday, October 26th. The industrial products company reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.07. The company had revenue of $240.50 million during the quarter, compared to analysts’ expectations of $235.96 million. Chart Industries had a positive return on equity of 2.25% and a negative net margin of 0.21%. The business’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period last year, the firm earned $0.53 EPS.

Several institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its position in shares of Chart Industries by 3.4% in the third quarter. Dimensional Fund Advisors LP now owns 2,431,180 shares of the industrial products company’s stock valued at $95,375,000 after purchasing an additional 80,677 shares during the last quarter. Eagle Asset Management Inc. grew its position in Chart Industries by 176.4% during the third quarter. Eagle Asset Management Inc. now owns 1,448,392 shares of the industrial products company’s stock worth $58,297,000 after buying an additional 924,284 shares in the last quarter. Pzena Investment Management LLC grew its position 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 buying an additional 37,964 shares in the last quarter. State Street Corp grew its position 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 buying an additional 27,558 shares in the last quarter. Finally, Northern Trust Corp grew its position in Chart Industries by 7.7% during the second quarter. Northern Trust Corp now owns 667,334 shares of the industrial products company’s stock worth $23,178,000 after buying an additional 47,728 shares in the last quarter. 86.75% 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.

Earnings History and Estimates for Chart Industries (NASDAQ:GTLS)

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