Chart Industries, Inc. (NYSE:GTLS - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $166.05, but opened at $157.00. Chart Industries shares last traded at $154.32, with a volume of 207,410 shares traded.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on GTLS shares. Stifel Nicolaus lifted their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the stock a "buy" rating in a research report on Tuesday, December 31st. Barclays boosted their price target on shares of Chart Industries from $145.00 to $165.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 4th. Citigroup boosted their price target on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. BTIG Research boosted their price target on shares of Chart Industries from $170.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Finally, Raymond James reissued a "strong-buy" rating and issued a $190.00 price target on shares of Chart Industries in a research report on Monday, December 2nd. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $194.08.
Get Our Latest Stock Report on Chart Industries
Chart Industries Trading Up 4.0 %
The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 43.45, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. The business's 50 day simple moving average is $196.25 and its 200 day simple moving average is $164.79.
Chart Industries (NYSE:GTLS - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing analysts' consensus estimates of $3.20 by ($0.54). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the prior year, the firm posted $2.25 earnings per share. The company's revenue for the quarter was up 9.0% compared to the same quarter last year. Research analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current year.
Insider Transactions at Chart Industries
In other news, CEO Jillian C. Evanko purchased 350 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were acquired at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the completion of the purchase, the chief executive officer now directly owns 137,666 shares in the company, valued at $20,698,083.10. The trade was a 0.25 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.95% of the company's stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in GTLS. Capital Analysts LLC purchased a new stake in Chart Industries during the fourth quarter worth about $25,000. Smartleaf Asset Management LLC boosted its holdings in Chart Industries by 129.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock worth $31,000 after buying an additional 92 shares in the last quarter. Fairway Wealth LLC purchased a new stake in Chart Industries during the fourth quarter worth about $34,000. Blue Trust Inc. boosted its holdings in Chart Industries by 56.0% during the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock worth $35,000 after buying an additional 65 shares in the last quarter. Finally, Spire Wealth Management boosted its holdings in Chart Industries by 183.8% during the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company's stock worth $37,000 after buying an additional 125 shares in the last quarter.
Chart Industries Company Profile
(
Get Free Report)
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.
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