Chart Industries (GTLS) to Release Quarterly Earnings on Friday

Chart Industries (NYSE:GTLS) will issue its quarterly earnings data before the market opens on Friday, May 3rd. Analysts expect the company to announce earnings of $1.81 per share for the quarter. Chart Industries has set its FY 2024 guidance at 12.000-14.000 EPS and its FY24 guidance at $12.00-14.00 EPS.Parties that wish to register for the company’s conference call can do so using this link.

Chart Industries (NYSE:GTLS) last released its quarterly earnings data on Wednesday, February 28th. The industrial products company reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.13 by $0.12. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.09 billion. Chart Industries had a return on equity of 9.27% and a net margin of 1.00%. The firm’s revenue was up 130.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.67 earnings per share. On average, analysts expect Chart Industries to post $12 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Chart Industries Trading Down 0.6 %

NYSE GTLS opened at $152.00 on Friday. The stock has a 50-day simple moving average of $148.07 and a 200 day simple moving average of $136.67. The company has a market capitalization of $6.39 billion, a PE ratio of 400.00, a P/E/G ratio of 0.42 and a beta of 1.70. The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 1.22. Chart Industries has a 12 month low of $106.66 and a 12 month high of $184.65.

Wall Street Analyst Weigh In

A number of research firms recently commented on GTLS. Morgan Stanley started coverage on Chart Industries in a report on Thursday, April 18th. They issued an “equal weight” rating and a $200.00 price objective for the company. Wells Fargo & Company increased their price target on Chart Industries from $155.00 to $172.00 and gave the stock an “overweight” rating in a report on Friday, March 1st. Raymond James upgraded Chart Industries from an “outperform” rating to a “strong-buy” rating and set a $190.00 price target for the company in a report on Thursday, January 4th. TD Cowen increased their price target on Chart Industries from $230.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, February 29th. Finally, UBS Group upgraded Chart Industries from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $152.00 to $170.00 in a report on Tuesday, March 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $194.85.

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.