Chart Industries (NYSE:GTLS) Issues FY25 Earnings Guidance

Chart Industries (NYSE:GTLS) issued an update on its FY25 earnings guidance on Friday morning. The company provided EPS guidance of $12.00-13.00 for the period, compared to the consensus EPS estimate of $12.30. The company issued revenue guidance of $4.65-4.85 billion, compared to the consensus revenue estimate of $4.68 billion. Chart Industries also updated its FY 2025 guidance to 12.000-13.000 EPS.

Chart Industries Stock Up 4.6 %

Shares of NYSE:GTLS opened at $190.58 on Friday. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 55.24, a P/E/G ratio of 0.57 and a beta of 1.84. 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 business’s 50-day moving average is $199.68 and its 200-day moving average is $163.29. Chart Industries has a 1 year low of $101.60 and a 1 year high of $220.03.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.20 by ($0.54). The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.25 earnings per share. Equities research analysts predict that Chart Industries will post 9.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

GTLS has been the topic of a number of research reports. BTIG Research upped their price target on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Citigroup upped their price target on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. The Goldman Sachs Group upped their price target on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Craig Hallum upped their price target on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Finally, Barclays decreased their price objective on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a report on Monday, November 4th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $191.54.

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.