Chart Industries (GTLS) Stock Price, News & Analysis

Company Overview

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. It provides bulk and packaged gas cryogenic solutions for the storage, distribution, vaporization, and application of industrial gases; cryogenic trailers, ISO containers, bulk storage tanks, loading facilities, and regasification equipment for delivering liquefied natural gas (LNG) into virtual pipeline applications; and large vacuum insulated storage tanks as equipment for purchasers of standard liquefaction plants. The company also offers natural gas processing solutions; process technology, liquefaction capabilities, and critical equipment for the LNG, include small to mid-scale facilities, floating LNG applications, and large base-load export facilities; brazed aluminum heat exchangers, Core-in-Kettle heat exchangers, cold boxes, air cooled heat exchangers, pressure vessels, and pipe works; and air cooled heat exchangers and axial cooling fans for the HVAC, power, and refining applications. Further, it provides extended warranties, plant start-up, parts, 24/7 support, monitoring and process optimization, repairing, maintenance, and upgrading services; plant services on equipment; and service locations that undertake installation, service, repair, maintenance, and refurbishment of cryogenic products, as well as equipment leasing solutions. Chart Industries, Inc. was founded in 1859 and is headquartered in Ball Ground, Georgia.

Key Stats

• Today's Range: $119.18 to $122.83
• 50-Day Range: $106.67 to $127.40
• 52-Week Range: $101.60 to $171.68
• Volume: 478,044 shs
• Average Volume: 610,537 shs
• Market Capitalization: $5.17 billion
• P/E Ratio: 58.88
• Dividend Yield: N/A
• Price Target: $178.00
• Consensus Rating: Moderate Buy

Chart Industries Stock Analysis - MarketRank™

Chart Industries scored higher than 84% of companies evaluated by MarketBeat, and ranked 57th out of 174 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Chart Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Chart Industries has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 30.61%

Earnings Growth

Earnings for Chart Industries are expected to grow by 30.61% in the coming year, from $10.42 to $13.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chart Industries is 58.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chart Industries is 58.88, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.95.

Price to Earnings Growth Ratio

Chart Industries has a PEG Ratio of 0.40. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Chart Industries has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

17.15% of the outstanding shares of Chart Industries have been sold short.

Short Interest Ratio / Days to Cover

Chart Industries has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Chart Industries has recently increased by 2.51%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Chart Industries does not currently pay a dividend.

Dividend Growth

Chart Industries does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

17.15% of the outstanding shares of Chart Industries have been sold short.

Short Interest Ratio / Days to Cover

Chart Industries has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Chart Industries has recently increased by 2.51%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.67

News Sentiment

Chart Industries has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Chart Industries this week, compared to 7 articles on an average week.

Search Interest

Only 17 people have searched for GTLS on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.

MarketBeat Follows

6 people have added Chart Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Chart Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought $482,278.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.95% of the stock of Chart Industries is held by insiders.

GTLS Stock Analysis - Frequently Asked Questions

How have GTLS shares performed this year?

Chart Industries' stock was trading at $136.33 at the start of the year. Since then, GTLS shares have decreased by 11.5% and is now trading at $120.6950.
View the best growth stocks for 2024 here.

How were Chart Industries' earnings last quarter?

Chart Industries, Inc. (NYSE:GTLS) posted its quarterly earnings results on Friday, August, 2nd. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.57 by $0.39. The company's revenue was up 14.5% compared to the same quarter last year.

Does Chart Industries have any subsidiaries?

The following companies are subsidiaries of Chart Industries: CAIRE Medical Technology (Chengdu) Co. Ltd., Chart Asia Inc., Chart Asia Investment Company Limited, Chart Australia Pty Ltd, Chart Cooler Service Company Inc., Chart Cryogenic Distribution Equipment (Changzhou) Company Limited, Chart Cryogenic Engineering Systems (Changzhou) Co. Ltd., and others.

Who are Chart Industries' major shareholders?

Chart Industries' top institutional shareholders include Perpetual Ltd (1.17%), Community Trust & Investment Co. (0.18%), Vontobel Holding Ltd. (0.18%) and Eastern Bank (0.13%). Insiders that own company stock include Jillian C Evanko, Linda S Harty, Roger A Strauch, Andrew R Cichocki, Gerald F Vinci and Herbert Hotchkiss.
View institutional ownership trends.

How do I buy shares of Chart Industries?

Shares of GTLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Chart Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chart Industries investors own include BMO Capital Markets (), Stifel Nicolaus (), Wunderlich (), Standpoint Research (), Duncan Williams (), Soleil Securities () and Sterne Agee CRT ().

Company Calendar

• Last Earnings: 8/02/2024
• Today: 10/23/2024
• Next Earnings (Confirmed): 11/01/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Fabricated plate work (boiler shop)
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:GTLS
• CUSIP: 16115Q30
• CIK: 892553
• Web: www.chartindustries.com
• Phone: (770) 721-8877
• Fax: 440-753-1491
• Employees: 11,637
• Year Founded: 1991

Price Target and Rating

• Average Stock Price Target: $178.00
• High Stock Price Target: $265.00
• Low Stock Price Target: $144.00
• Potential Upside/Downside: +47.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.00
• Trailing P/E Ratio: 58.88
• Forward P/E Ratio: 11.58
• P/E Growth: 0.4
• Net Income: $47.30 million
• Net Margins: 2.80%
• Pretax Margin: 4.48%
• Return on Equity: 12.27%
• Return on Assets: 3.85%

Debt

• Debt-to-Equity Ratio: 1.28
• Current Ratio: 1.27
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $3.90 billion
• Price / Sales: 1.32
• Cash Flow: $11.91 per share
• Price / Cash Flow: 10.13
• Book Value: $68.75 per share
• Price / Book: 1.76

Miscellaneous

• Outstanding Shares: 42,801,000
• Free Float: 42,399,000
• Market Cap: $5.17 billion
• Optionable: Optionable
• Beta: 1.70