Q4 EPS Forecast for Chart Industries Decreased by Analyst

Chart Industries, Inc. (NYSE:GTLS) – Stock analysts at Capital One Financial decreased their Q4 2024 earnings per share (EPS) estimates for shares of Chart Industries in a note issued to investors on Monday, January 13th. Capital One Financial analyst D. Becker now forecasts that the industrial products company will post earnings per share of $3.17 for the quarter, down from their prior forecast of $3.50. The consensus estimate for Chart Industries’ current full-year earnings is $9.03 per share. Capital One Financial also issued estimates for Chart Industries’ Q4 2026 earnings at $4.37 EPS.

Several other equities research analysts have also weighed in on GTLS. BTIG Research increased their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Barclays cut their price target on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a report on Monday, November 4th. Bank of America reduced their price objective on Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Stifel Nicolaus increased their target price on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Finally, Wells Fargo & Company reduced their price target on shares of Chart Industries from $151.00 to $146.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $188.75.

Chart Industries Trading Up 2.3 %

Chart Industries stock opened at $199.69 on Tuesday. Chart Industries has a 1 year low of $101.60 and a 1 year high of $210.66. The firm’s 50-day moving average is $186.71 and its 200-day moving average is $149.82. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The company has a market cap of $8.55 billion, a P/E ratio of 57.88, a PEG ratio of 1.01 and a beta of 1.84.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.56 by ($0.38). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the business earned $1.28 earnings per share. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. King Luther Capital Management Corp grew its holdings in Chart Industries by 2.9% during the third quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock worth $128,100,000 after acquiring an additional 29,139 shares during the period. Geode Capital Management LLC grew its stake in shares of Chart Industries by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company’s stock worth $123,318,000 after purchasing an additional 19,534 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Chart Industries by 4.2% in the 3rd quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company’s stock worth $99,673,000 after purchasing an additional 32,442 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock worth $73,551,000 after purchasing an additional 13,181 shares in the last quarter. Finally, Wellington Management Group LLP lifted its stake in Chart Industries by 90.9% during the third quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company’s stock valued at $68,461,000 after purchasing an additional 262,592 shares during the last quarter.

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.