Chart Industries (NYSE:GTLS) Announces Quarterly Earnings Results, Misses Estimates By $0.54 EPS

Chart Industries (NYSE:GTLS) issued its quarterly earnings results on Friday. The industrial products company reported $2.66 EPS for the quarter, missing analysts’ consensus estimates of $3.20 by ($0.54), RTT News reports. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the company posted $2.25 EPS. The business’s revenue was up 9.0% compared to the same quarter last year. Chart Industries updated its FY25 guidance to $12.00-13.00 EPS and its FY 2025 guidance to 12.000-13.000 EPS.

Chart Industries Stock Up 2.5 %

GTLS traded up $4.64 during midday trading on Friday, reaching $186.89. 693,041 shares of the company were exchanged, compared to its average volume of 623,089. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 54.14, a price-to-earnings-growth ratio of 0.57 and a beta of 1.84. Chart Industries has a one year low of $101.60 and a one year high of $220.03. The company’s fifty day moving average price is $199.56 and its 200 day moving average price is $162.36. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. The Goldman Sachs Group upped their target price on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Stifel Nicolaus increased their price target on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st. Citigroup lifted their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Craig Hallum increased their target price on shares of 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 target on shares of Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research note on Monday, November 4th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $191.54.

Chart Industries Company Profile

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.