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

Chart Industries (NYSE:GTLS) posted its quarterly earnings data on Friday. The industrial products company reported $2.66 earnings per share 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 during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter last year, the business earned $2.25 earnings per share. The business’s quarterly revenue was up 9.0% on a year-over-year basis. 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 Price Performance

Chart Industries stock opened at $190.58 on Friday. Chart Industries has a 12-month low of $101.60 and a 12-month high of $220.03. The stock has a market capitalization of $8.16 billion, a P/E ratio of 55.24, a P/E/G ratio of 0.57 and a beta of 1.84. The firm’s 50-day moving average is $199.68 and its two-hundred day moving average is $163.29. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00.

Analyst Ratings Changes

A number of equities analysts recently weighed in on GTLS shares. The Goldman Sachs Group lifted their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Raymond James reiterated a “strong-buy” rating and issued a $190.00 price objective on shares of Chart Industries in a research report on Monday, December 2nd. Craig Hallum boosted their target price on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Citigroup boosted their target price on shares of Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Finally, BTIG Research boosted their target price on shares of Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Chart Industries currently has an average rating of “Moderate Buy” and an average 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.