NYSE:GTLS

Chart Industries (GTLS) Stock Forecast, Price & News

$133.08

+8.97 (+7.23%)

(As of 06/7/2023 ET)

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Today's Range: $124.78
▼
$133.54
50-Day Range: $109.67
▼
$133.25
52-Week Range: $101.44
▼
$242.59

Volume: 1.08 million shs
Average Volume: 513,201 shs
Market Capitalization: $5.69 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $193.06

Chart Industries MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 45.1% Upside
$193.06 Price Target
Short Interest: Bearish
15.47% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.73
Based on 9 Articles This Week
Insider Trading: Acquiring Shares
$823,420 Bought Last Quarter
Proj. Earnings Growth: 69.64%
From $6.06 to $10.28 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Industrial Products Sector

53rd out of 165 stocks

Fabricated Plate Work (Boiler Shop) Industry

1st out of 1 stocks

3.4

Analyst's Opinion

Consensus Rating
Chart Industries has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $193.06, Chart Industries has a forecasted upside of 45.1% from its current price of $133.08.
Amount of Analyst Coverage
Chart Industries has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
15.47% 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 8.8.
Change versus previous month
Short interest in Chart Industries has recently increased by 5.93%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Chart Industries does not currently pay a dividend.
Dividend Growth
Chart Industries does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GTLS.

2.1

News and Social Media Coverage

News Sentiment
Chart Industries has a news sentiment score of 0.73. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Chart Industries this week, compared to 5 articles on an average week.
Search Interest
Only 9 people have searched for GTLS on MarketBeat in the last 30 days. This is a decrease of -74% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Chart Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

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 $823,420.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.80% of the stock of Chart Industries is held by insiders.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Chart Industries are expected to grow by 69.64% in the coming year, from $6.06 to $10.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Chart Industries is -665.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Chart Industries is -665.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Chart Industries has a PEG Ratio of 0.42. 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 1.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Chart Industries (NYSE:GTLS) Stock

Chart Industries, Inc. engages in the manufacturing of engineered equipment for the industrial gas, energy, and biomedical industries. It operates through the following business segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products and Repair, Service & Leasing, and Corporate. The Cryo Tank Solutions segment supplies bulk, microbulk, and mobile equipment used in the storage, distribution, vaporization, and application of industrial gases. The Heat Transfer Systems segment supplies mission engineered equipment and systems used in the separation, liquefaction, and purification of hydrocarbon and industrial gases. The Specialty Products segment supplies products used in specialty market applications including hydrogen, HLNG vehicle tanks, food and beverage, space exploration, lasers, cannabis, and water treatment. The Repair, Service, and leasing segment includes repair and service centers globally, which provides installation, service, repair, maintenance, and refurbishment of cryogenic products, as well as global equipment leasing solutions. The Corporate segment includes operating expenses for executive management, accounting, tax, treasury, corporate development

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GTLS Stock News Headlines

June 6, 2023 | msn.com

Chart Industries pushes higher after reiterating full-year guidance

June 6, 2023 | americanbankingnews.com

Brokerages Set Chart Industries, Inc. (NYSE:GTLS) PT at $193.06

June 8, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.

June 2, 2023 | seekingalpha.com

Chart Industries started at Neutral at JPM as beneficiary of global LNG buildout

May 30, 2023 | msn.com

Chart Industries Is Dodging A Bullet

May 26, 2023 | finance.yahoo.com

Chart Industries to Participate in Upcoming Investor Events

May 23, 2023 | finance.yahoo.com

What Makes Chart Industries (GTLS) a Unique Investment?

May 22, 2023 | finance.yahoo.com

Put This Preferred 'Bench Player' in Your Investment Starting Lineup

June 8, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

May 19, 2023 | americanbankingnews.com

Chart Industries (NASDAQ:GTLS) Receives New Coverage from Analysts at StockNews.com

May 14, 2023 | msn.com

Chart Industries: Execution Time

May 12, 2023 | americanbankingnews.com

Chart Industries, Inc. (NYSE:GTLS) Receives $193.06 Average Price Target from Brokerages

May 11, 2023 | finance.yahoo.com

The EPA Wants to Make Power Plants Cleaner. 5 Stocks That Could Benefit.

May 8, 2023 | msn.com

CL King Initiates Coverage of Chart Industries (GTLS) with Buy Recommendation

May 8, 2023 | americanbankingnews.com

CL King Begins Coverage on Chart Industries (NYSE:GTLS)

May 2, 2023 | finance.yahoo.com

Chart Industries Inc Expands its Partnership with TECO 2030 ASA to Include all Howden solutions for Ship Efficiency and Carbon Emissions Reductions

May 1, 2023 | msn.com

TD Cowen Maintains Chart Industries (GTLS) Outperform Recommendation

May 1, 2023 | americanbankingnews.com

Chart Industries (NYSE:GTLS) Updates FY23 Earnings Guidance

May 1, 2023 | americanbankingnews.com

Chart Industries (NYSE:GTLS) Releases Earnings Results, Beats Estimates By $1.05 EPS

April 30, 2023 | americanbankingnews.com

Chart Industries (NYSE:GTLS) Shares Gap Up After Earnings Beat

April 28, 2023 | finanznachrichten.de

Chart Industries, Inc.: Chart Industries Reports 2023 First Quarter Results and Increases 2023 Outlook

April 28, 2023 | morningstar.com

Chart Industries Inc GTLS Stock Quote

April 28, 2023 | finance.yahoo.com

Chart Industries Reports 2023 First Quarter Results and Increases 2023 Outlook

April 28, 2023 | finance.yahoo.com

Chart Industries (GTLS) Q1 Earnings and Revenues Top Estimates

April 28, 2023 | seekingalpha.com

Chart Industries, Inc. 2023 Q1 - Results - Earnings Call Presentation

April 27, 2023 | msn.com

Earnings Preview For Chart Industries

April 27, 2023 | seekingalpha.com

Chart Industries: High Price To Earnings Ratio Weakness

See More Headlines

GTLS Price History

30 days | 90 days | 365 days | Advanced Chart

GTLS Company Calendar

Last Earnings: 4/28/2023
Today: 6/08/2023
Next Earnings (Estimated): 8/04/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Fabricated plate work (boiler shop)
Sub-Industry: Industrial Machinery
Sector: Industrial Products
Current Symbol: NYSE:GTLS
CUSIP: 16115Q30
CIK: 892553
Web: www.chartindustries.com
Phone: (770) 721-8877
Fax: 440-753-1491
Employees: 5,178
Year Founded: 1991

Price Target and Rating

Average Stock Price Forecast: $193.06
High Stock Price Forecast: $245.00
Low Stock Price Forecast: $133.00
Forecasted Upside/Downside: +45.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 21.96
P/E Growth: 0.42
Net Income: $24 million
Net Margins: -0.14%
Pretax Margin: 3.69%
Return on Equity: 9.07%
Return on Assets: 3.66%

Debt

Debt-to-Equity Ratio: 1.50
Current Ratio: 1.25
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: $1.61 billion
Price / Sales: 3.53
Cash Flow: $7.77 per share
Price / Cash Flow: 17.13
Book Value: $73.26 per share
Price / Book: 1.82

Miscellaneous

Outstanding Shares: 42,730,000
Free Float: 42,385,000
Market Cap: $5.69 billion
Optionable: Optionable
Beta: 1.46

Social Links

Key Executives

Jillian C. Evanko
President, Chief Executive Officer & Director

Brad K Babineaux
Vice President-Operations

Joe Brinkman
Chief Financial Officer & Vice President

Brian Bostrom
Chief Technology Officer

Gerald F. Vinci
Chief Human Resources Officer & Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GTLS Stock - Frequently Asked Questions

Should I buy or sell Chart Industries stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chart Industries in the last year. There are currently 3 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GTLS shares.
View GTLS analyst ratings or view top-rated stocks.
What is Chart Industries' stock price forecast for 2023?: 11 brokerages have issued 1-year target prices for Chart Industries' shares. Their GTLS share price forecasts range from $133.00 to $245.00. On average, they anticipate the company's stock price to reach $193.06 in the next year. This suggests a possible upside of 45.1% from the stock's current price.
View analysts price targets for GTLS or view top-rated stocks among Wall Street analysts.
How have GTLS shares performed in 2023?: Chart Industries' stock was trading at $115.23 at the start of the year. Since then, GTLS shares have increased by 15.5% and is now trading at $133.08.
View the best growth stocks for 2023 here.
Are investors shorting Chart Industries?: Chart Industries saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,610,000 shares, an increase of 5.9% from the April 30th total of 6,240,000 shares. Based on an average daily volume of 752,100 shares, the short-interest ratio is currently 8.8 days.
View Chart Industries' Short Interest.
When is Chart Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our GTLS earnings forecast.
How were Chart Industries' earnings last quarter?: Chart Industries, Inc. (NYSE:GTLS) announced its quarterly earnings data on Friday, April, 28th. The industrial products company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $1.05. The industrial products company had revenue of $537.90 million for the quarter, compared to the consensus estimate of $495.89 million. Chart Industries had a negative net margin of 0.14% and a positive trailing twelve-month return on equity of 9.07%. Chart Industries's quarterly revenue was up 51.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.62 EPS.
What ETFs hold Chart Industries' stock?: ETFs with the largest weight of Chart Industries (NYSE:GTLS) stock in their portfolio include ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA), Future Fund Active ETF (FFND), BlackRock Future Innovators ETF (BFTR), Changebridge Capital Long/Short Equity ETF (CBLS), Changebridge Capital Sustainable Equity ETF (CBSE), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Hypatia Women CEO ETF (WCEO) and Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT).
What guidance has Chart Industries issued on next quarter's earnings?: Chart Industries updated its FY 2023 earnings guidance on Wednesday, June, 7th. The company provided earnings per share (EPS) guidance of $5.50-$6.70 for the period, compared to the consensus EPS estimate of $6.03. The company issued revenue guidance of $3.66 billion-$3.80 billion, compared to the consensus revenue estimate of $3.69 billion.

What is Chart Industries' stock symbol?: Chart Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTLS."
Who are Chart Industries' major shareholders?: Chart Industries' stock is owned by many different institutional and retail investors. Top institutional investors include Nordea Investment Management AB (4.89%), William Blair Investment Management LLC (4.25%), Eagle Asset Management Inc. (2.21%), Dimensional Fund Advisors LP (1.91%), Geode Capital Management LLC (1.87%) and Fisher Asset Management LLC (1.69%). Insiders that own company stock include Douglas A Jr Ducote, Gerald F Vinci, Gerald F Vinci, Jillian C Evanko, Linda S Harty, Roger A Strauch and Steven W Krablin.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Chart Industries' stock price today?: One share of GTLS stock can currently be purchased for approximately $133.08.
How much money does Chart Industries make?: Chart Industries (NYSE:GTLS) has a market capitalization of $5.69 billion and generates $1.61 billion in revenue each year. The industrial products company earns $24 million in net income (profit) each year or ($0.20) on an earnings per share basis.
How many employees does Chart Industries have?: The company employs 5,178 workers across the globe.
Does Chart Industries have any subsidiaries?: The following companies are subsidiares 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., Chart Cryogenic Equipment (Chengdu) Co. Ltd., Chart D&S India Private Limited, Chart Energy & Chemicals Inc., Chart Ferox a.s., Chart Germany GmbH, Chart Inc., Chart Industries (Gibraltar) Limited, Chart Industries (Malaysia) Sdn. Bhd., Chart Industries Limited, Chart Industries Luxembourg S.à r.l., Chart International Holdings Inc., Chart International Inc., Chart Latin America S.A.S., Chart Lifecyle Inc., Chart S.à r.l & Co. KG, Cofimco Fan (Changshu) Co. Ltd., Cofimco Industrial Fans India Private Ltd., Cofimco International (Shanghai) Trading Co Inc., Cofimco S.r.l., Cofimco USA Inc., Cryo Diffusion S.A.S., Cryo-Lease LLC, E&C FinFan Inc., Fema S.r.l., Flow Instruments & Engineering GmbH, GOFA Gocher Fahrzeugbau GmbH, GTC of Clarksville LLC, Hetsco Holdings Inc., Hetsco Inc., Hudson Heat Transfer International Inc., Hudson Parent Corporation, Hudson Products Corporation, Hudson Products Holdings Cooperatief UA, Hudson Products Holdings Inc., Hudson Products Middle East LLC, Hudson Products Netherlands B.V., Hudson Products de Mexico S.A. de C.V., Hudson-Cofimco Limited, Industrie Meccaniche di Bagnolo S.r.l., MVE CryoSystems Japan Co. Ltd., Nanjing New Metallurgy Electric Engineering Co. Ltd., PT. Thermax, Prefontaine Properties Inc., RCHPH Holdings Inc., Skaff Cryogenics Inc., Skaff LLC, Thermax Cryogenic Heat Exchangers Trading (Shanghai) Co. Ltd., Thermax Inc., VCT Vogel GmbH, VRV Asia Pacific Private Limited, VRV Holdings S.r.l., VRV S.r.l., and VRV Services S.r.l..
Read More
How can I contact Chart Industries?: Chart Industries' mailing address is 3055 TORRINGTON DRIVE, BALL GROUND GA, 30107. The official website for the company is www.chartindustries.com. The industrial products company can be reached via phone at (770) 721-8877, via email at jillian.evanko@chartindustries.com, or via fax at 440-753-1491.

This page (NYSE:GTLS) was last updated on 6/8/2023 by MarketBeat.com Staff

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