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 EPS guidance of 12.000-13.000 for the period, compared to the consensus EPS 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.

Analysts Set New Price Targets

Several research firms recently commented on GTLS. Wells Fargo & Company cut their price objective on shares of Chart Industries from $151.00 to $146.00 and set an “overweight” rating on the stock in a research report on Thursday, October 3rd. Bank of America reduced their price target on Chart Industries from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. Morgan Stanley upgraded shares of Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 price objective for the company in a research report on Monday, September 16th. Stifel Nicolaus upped their price target on Chart Industries from $198.00 to $200.00 and gave the company a “buy” rating in a research report on Monday. Finally, The Goldman Sachs Group cut their target price on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a research note on Thursday, August 29th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $178.82.

Chart Industries Stock Performance

NYSE GTLS traded up $11.31 on Monday, hitting $141.31. 2,165,040 shares of the company’s stock traded hands, compared to its average volume of 631,249. The firm’s 50-day moving average price is $121.62 and its two-hundred day moving average price is $136.98. The company has a current ratio of 1.27, a quick ratio of 0.98 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $6.05 billion, a PE ratio of 39.68, a P/E/G ratio of 0.56 and a beta of 1.71. Chart Industries has a 1-year low of $101.60 and a 1-year high of $171.68.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings results on Friday, November 1st. The industrial products company reported $2.18 EPS for the quarter, missing the consensus estimate of $2.56 by ($0.38). The company 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 in the prior year, the firm earned $1.28 EPS. As a group, analysts expect that Chart Industries will post 9.94 EPS for the current year.

Insiders Place Their Bets

In other Chart Industries news, CEO Jillian C. Evanko bought 440 shares of the stock in a transaction dated Thursday, September 5th. The shares were acquired at an average cost of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the transaction, the chief executive officer now owns 125,448 shares in the company, valued at approximately $14,339,960.88. The trade was a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Jillian C. Evanko purchased 440 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was acquired at an average price of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the transaction, the chief executive officer now directly owns 125,448 shares in the company, valued at $14,339,960.88. This represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Linda S. Harty purchased 1,000 shares of the company’s stock in a transaction on Friday, September 13th. The shares were bought at an average cost of $113.50 per share, with a total value of $113,500.00. Following the transaction, the director now directly owns 10,640 shares of the company’s stock, valued at $1,207,640. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 7,152 shares of company stock worth $482,278 in the last quarter. 0.95% of the stock is owned by company 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.