Wall Street analysts expect Chart Industries, Inc. (NASDAQ:GTLS) to report earnings per share (EPS) of $0.32 for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Chart Industries’ earnings. The lowest EPS estimate is $0.29 and the highest is $0.39. The business is scheduled to report its next earnings report on Thursday, February 22nd.

On average, analysts expect that Chart Industries will report full-year earnings of $0.84 per share for the current financial year, with EPS estimates ranging from $0.81 to $0.90. For the next fiscal year, analysts expect that the business will post earnings of $1.70 per share, with EPS estimates ranging from $1.38 to $1.99. Zacks’ EPS averages are an average based on a survey of analysts that cover Chart Industries.

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 firm had revenue of $240.50 million for the quarter, compared to analysts’ expectations of $235.96 million. Chart Industries had a negative net margin of 0.21% and a positive return on equity of 2.25%. Chart Industries’s quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter last year, the company earned $0.53 EPS.

Several equities analysts have commented on the stock. BidaskClub cut shares of Chart Industries from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 6th. Zacks Investment Research raised shares of Chart Industries from a “hold” rating to a “strong-buy” rating and set a $50.00 price objective on the stock in a research note on Wednesday, November 1st. Lake Street Capital lifted their price objective on shares of Chart Industries from $48.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Seaport Global Securities raised shares of Chart Industries from a “neutral” rating to a “buy” rating and set a $58.00 price objective on the stock in a research note on Friday, October 27th. Finally, Cowen reaffirmed a “hold” rating and issued a $40.00 price objective on shares of Chart Industries in a research note on Sunday, October 22nd. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $50.33.

Chart Industries (NASDAQ:GTLS) opened at $45.22 on Thursday. The company has a market cap of $1,385.62, a PE ratio of 86.60, a price-to-earnings-growth ratio of 2.68 and a beta of 1.32. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 1.13. Chart Industries has a 52 week low of $32.04 and a 52 week high of $48.78.

Institutional investors and hedge funds have recently made changes to their positions in the business. Barings LLC acquired a new stake in shares of Chart Industries during the third quarter worth approximately $204,000. SG Americas Securities LLC boosted its holdings in shares of Chart Industries by 42.7% during the second quarter. SG Americas Securities LLC now owns 6,657 shares of the industrial products company’s stock worth $231,000 after purchasing an additional 1,992 shares during the period. Piedmont Investment Advisors LLC acquired a new stake in shares of Chart Industries during the second quarter worth approximately $231,000. Crossmark Global Holdings Inc. acquired a new stake in shares of Chart Industries during the third quarter worth approximately $231,000. Finally, Municipal Employees Retirement System of Michigan boosted its holdings in shares of Chart Industries by 3.4% during the second quarter. Municipal Employees Retirement System of Michigan now owns 7,240 shares of the industrial products company’s stock worth $251,000 after purchasing an additional 240 shares during the period. Institutional investors own 86.75% of the company’s stock.

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

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