Seaport Res Ptn Issues Optimistic Estimate for GTLS Earnings

Key Points

• Seaport Res Ptn has raised its Q2 2026 earnings estimate for Chart Industries to $3.12 per share, up from a previous forecast of $3.04, while maintaining a "Hold" rating on the stock.
• Chart Industries reported Q2 earnings of $2.59 per share, missing analysts' estimates, with revenue of $1.08 billion compared to forecasts of $1.11 billion.
• Analysts have varying opinions on Chart Industries, with six rating it as a hold and eight giving it a buy rating, while target prices range from $169.00 to $210.00.

Chart Industries, Inc. (NYSE:GTLS - Free Report) - Equities researchers at Seaport Res Ptn upped their Q2 2026 EPS estimates for Chart Industries in a research note issued on Wednesday, July 30th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will earn $3.12 per share for the quarter, up from their previous estimate of $3.04. Seaport Res Ptn currently has a "Hold" rating on the stock. The consensus estimate for Chart Industries' current full-year earnings is $9.02 per share. Seaport Res Ptn also issued estimates for Chart Industries' Q3 2026 earnings at $4.09 EPS and Q4 2026 earnings at $4.76 EPS.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.62 by ($0.03). The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.11 billion. Chart Industries had a net margin of 6.29% and a return on equity of 13.71%.

Several other equities analysts have also recently weighed in on GTLS. UBS Group reaffirmed a "neutral" rating and set a $210.00 target price (down from $225.00) on shares of Chart Industries in a research note on Wednesday, July 30th. TD Cowen cut shares of Chart Industries from a "strong-buy" rating to a "hold" rating in a research note on Thursday. Raymond James Financial reaffirmed a "market perform" rating on shares of Chart Industries in a research note on Wednesday, July 30th. Barclays cut their target price on shares of Chart Industries from $171.00 to $169.00 and set an "equal weight" rating for the company in a research note on Thursday, July 10th. Finally, Johnson Rice cut shares of Chart Industries from a "strong-buy" rating to a "hold" rating and set a $210.00 target price for the company. in a research note on Wednesday, July 30th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $202.00.

Chart Industries Price Performance

Shares of NYSE GTLS traded down $0.03 during midday trading on Thursday, reaching $198.72. The stock had a trading volume of 8,744,215 shares, compared to its average volume of 1,162,874. The stock has a 50-day moving average of $162.50 and a 200-day moving average of $163.55. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.27 and a current ratio of 1.55. The company has a market capitalization of $8.93 billion, a price-to-earnings ratio of 36.94, a price-to-earnings-growth ratio of 1.15 and a beta of 1.59. Chart Industries has a 12-month low of $101.60 and a 12-month high of $220.03.

Institutional Investors Weigh In On Chart Industries

Several institutional investors have recently made changes to their positions in GTLS. Capital Analysts LLC purchased a new position in Chart Industries during the 4th quarter valued at about $25,000. Opal Wealth Advisors LLC purchased a new position in Chart Industries during the 1st quarter valued at about $25,000. Global X Japan Co. Ltd. increased its position in Chart Industries by 142.9% during the 1st quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 100 shares during the period. Brooklyn Investment Group increased its position in Chart Industries by 19,900.0% during the 1st quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 199 shares during the period. Finally, SVB Wealth LLC purchased a new position in shares of Chart Industries in the 1st quarter worth approximately $30,000.

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.