#4 - Chart Industries (NYSE:GTLS)
Investing in industrial gases may not excite many investors, but if you’re hoping to unlock value in mid-cap stocks, Chart Industries Inc. (NYSE: GTLS) deserves a closer look. The company designs, engineers, and manufactures process technologies and equipment for global gas and liquid markets.
This gives the company revenue drivers in end markets like hydrogen, natural gas (including liquified natural gas), data centers, nuclear reactors, the space economy, and more. The company is also expected to get a lift due to increasing demand for semiconductor chips.
GTLS stock is down 12.7% in 2024 and is trading near its 52-week low. The company has missed analysts’ earnings expectations in the last two quarters. However, both numbers were higher YOY, including an 83% YOY gain in the most recent quarter. Furthermore, analysts are forecasting 29% earnings growth over the next 12 months, which is likely to be a strong catalyst for stock price growth.
About Chart Industries
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.
Read More - Current Price
- $195.60
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 9 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $178.82 (8.6% Downside)
