Chart Industries (NYSE:GTLS) Releases FY25 Earnings Guidance

Chart Industries (NYSE:GTLS) updated its FY25 earnings guidance on Friday. The company provided earnings per share guidance of $12.00-13.00 for the period, compared to the consensus earnings per share 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.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on GTLS shares. Barclays lowered their price objective 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. Citigroup raised their price objective on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. The Goldman Sachs Group boosted their target price on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. Craig Hallum raised their price target on shares of Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, BTIG Research lifted 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. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Chart Industries currently has an average rating of “Moderate Buy” and a consensus price target of $191.54.

Chart Industries Stock Performance

Chart Industries stock opened at $182.31 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The stock has a market cap of $7.80 billion, a P/E ratio of 52.84, a price-to-earnings-growth ratio of 0.57 and a beta of 1.84. Chart Industries has a 52 week low of $101.60 and a 52 week high of $220.03. The stock has a 50 day moving average of $199.56 and a 200-day moving average of $162.36.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing the consensus estimate of $3.20 by ($0.54). 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 during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the previous year, the business posted $2.25 EPS. Chart Industries’s revenue for the quarter was up 9.0% compared to the same quarter last year. On average, analysts expect that Chart Industries will post 9.02 EPS for the current fiscal year.

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.