Chart Industries (GTLS) to Release Earnings on Thursday

Chart Industries (NYSE:GTLS - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect Chart Industries to post earnings of $1.95 per share and revenue of $1.02 billion for the quarter. Chart Industries has set its FY25 guidance at $12.00-13.00 EPS and its FY 2025 guidance at 12.000-13.000 EPS.

Chart Industries (NYSE:GTLS - Get Free Report) last released its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing analysts' consensus estimates of $3.20 by ($0.54). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the company earned $2.25 EPS. The business's revenue was up 9.0% on a year-over-year basis. On average, analysts expect Chart Industries to post $9 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Chart Industries Price Performance

NYSE GTLS traded up $0.47 during trading hours on Tuesday, reaching $135.50. The company's stock had a trading volume of 64,335 shares, compared to its average volume of 707,723. Chart Industries has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $6.09 billion, a price-to-earnings ratio of 39.29, a PEG ratio of 0.57 and a beta of 1.68. The firm's 50-day moving average price is $146.13 and its 200-day moving average price is $169.34.

Analysts Set New Price Targets

GTLS has been the topic of a number of research reports. Citigroup lifted their price target on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Stifel Nicolaus lowered their target price on Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. The Goldman Sachs Group decreased their price target on shares of Chart Industries from $197.00 to $173.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. Barclays reduced their target price on shares of Chart Industries from $165.00 to $160.00 and set an "equal weight" rating on the stock in a report on Thursday, April 10th. Finally, Morgan Stanley decreased their target price on shares of Chart Industries from $275.00 to $250.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Chart Industries currently has a consensus rating of "Moderate Buy" and an average target price of $197.67.

Insiders Place Their Bets

In other Chart Industries news, CEO Jillian C. Evanko bought 350 shares of the company's stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the acquisition, the chief executive officer now directly owns 137,666 shares in the company, valued at approximately $20,698,083.10. The trade was a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Linda S. Harty purchased 500 shares of Chart Industries stock in a transaction dated Monday, March 10th. The stock was acquired at an average price of $140.85 per share, with a total value of $70,425.00. Following the acquisition, the director now owns 11,684 shares in the company, valued at approximately $1,645,691.40. This represents a 4.47 % increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 1,109 shares of company stock worth $160,845 in the last three months. Corporate insiders own 0.99% of the company's stock.

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.