Analysts expect that Chart Industries, Inc. (NASDAQ:GTLS) will report $0.32 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Chart Industries’ earnings. The lowest EPS estimate is $0.29 and the highest is $0.39. The business is expected to announce its next quarterly earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that Chart Industries will report full-year earnings of $0.84 per share for the current year, with EPS estimates ranging from $0.81 to $0.90. For the next financial year, analysts forecast that the company will post earnings of $1.78 per share, with EPS estimates ranging from $1.42 to $1.99. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Chart Industries.

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

GTLS has been the subject of a number of research reports. Johnson Rice reiterated a “buy” rating and set a $48.00 target price (up previously from $42.00) on shares of Chart Industries in a report on Monday, October 2nd. Northcoast Research upgraded Chart Industries from a “neutral” rating to a “buy” rating and set a $51.00 target price for the company in a report on Monday, October 9th. Cowen reiterated a “hold” rating and set a $40.00 target price on shares of Chart Industries in a report on Sunday, October 22nd. Seaport Global Securities upgraded Chart Industries from a “neutral” rating to a “buy” rating and set a $58.00 target price for the company in a report on Friday, October 27th. Finally, Lake Street Capital upped their price target on Chart Industries from $48.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $52.67.

Shares of Chart Industries (NASDAQ GTLS) opened at $53.03 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. Chart Industries has a fifty-two week low of $32.04 and a fifty-two week high of $55.42. The stock has a market capitalization of $1,630.00, a PE ratio of -757.57, a PEG ratio of 1.54 and a beta of 1.33.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sheets Smith Wealth Management purchased a new position in Chart Industries in the 4th quarter worth approximately $239,000. Barings LLC purchased a new position in Chart Industries in the 3rd quarter worth approximately $204,000. Crossmark Global Holdings Inc. purchased a new position in Chart Industries in the 3rd quarter worth approximately $231,000. Piedmont Investment Advisors LLC purchased a new position in Chart Industries in the 2nd quarter worth approximately $231,000. Finally, SG Americas Securities LLC boosted its holdings in Chart Industries by 42.7% in the 2nd quarter. SG Americas Securities LLC now owns 6,657 shares of the industrial products company’s stock worth $231,000 after acquiring an additional 1,992 shares during the period. Hedge funds and other institutional investors own 86.65% of the company’s stock.

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About Chart Industries

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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