Chart Industries (NASDAQ:GTLS) updated its FY 2020
Pre-Market earnings guidance on Thursday. The company provided EPS guidance of 4.90-5.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.85. The company issued revenue guidance of $1.645-1.71 billion, compared to the consensus revenue estimate of $1.64 billion.Chart Industries also updated its FY20 guidance to $4.90-5.50 EPS.
A number of brokerages have commented on GTLS. Lake Street Capital set a $109.00 price objective on Chart Industries and gave the stock a buy rating in a report on Friday, October 18th. Zacks Investment Research lowered Chart Industries from a buy rating to a hold rating in a report on Thursday, January 16th. BidaskClub lowered Chart Industries from a strong-buy rating to a buy rating in a report on Tuesday, January 28th. Stifel Nicolaus began coverage on Chart Industries in a report on Friday, December 6th. They set a buy rating and a $83.00 price objective for the company. Finally, TheStreet raised Chart Industries from a c+ rating to a b- rating in a report on Thursday, January 9th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Chart Industries currently has an average rating of Buy and an average price target of $84.11.
Shares of GTLS stock traded up $4.13 during trading on Friday, hitting $73.56. The company’s stock had a trading volume of 1,304,353 shares, compared to its average volume of 419,703. The company has a market cap of $2.51 billion, a PE ratio of 30.40 and a beta of 1.18. The company has a current ratio of 1.83, a quick ratio of 1.20 and a debt-to-equity ratio of 0.68. The business has a fifty day moving average of $67.34 and a 200-day moving average of $62.66. Chart Industries has a 52 week low of $52.32 and a 52 week high of $95.66.
Chart Industries (NASDAQ:GTLS) last released its earnings results on Thursday, February 13th. The industrial products company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.18). The business had revenue of $342.40 million during the quarter, compared to the consensus estimate of $379.58 million. Chart Industries had a net margin of 6.55% and a return on equity of 8.10%. The business’s revenue was up 18.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 earnings per share. As a group, research analysts predict that Chart Industries will post 2.77 EPS for the current year.
Chart Industries Company Profile
Chart Industries, Inc manufactures and sells engineered equipment and packaged solutions; and provides value-add services for the energy and industrial gas industries worldwide. It operates through three segments: Energy & Chemicals, Distribution & Storage Western Hemisphere, and Distribution & Storage Eastern Hemisphere segments.
See Also: Roth IRA
Receive News & Ratings for Chart Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries and related companies with MarketBeat.com's FREE daily email newsletter.