Q4 EPS Estimate for Chart Industries Lowered 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 anticipates that the industrial products company will post earnings per share of $3.17 for the quarter, down from their prior estimate 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.

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

GTLS has been the topic of several other research reports. Barclays lowered their price objective on shares of Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a report on Monday, November 4th. 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 research report on Monday, November 4th. Bank of America lowered their price objective on Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, October 14th. The Goldman Sachs Group lifted their target price on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Finally, BTIG Research increased their price target on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Chart Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $188.75.

Chart Industries Price Performance

GTLS stock opened at $213.23 on Tuesday. The stock has a market capitalization of $9.13 billion, a PE ratio of 61.81, a price-to-earnings-growth ratio of 1.01 and a beta of 1.84. Chart Industries has a 1 year low of $101.60 and a 1 year high of $213.66. The company’s 50-day moving average is $187.82 and its 200-day moving average is $150.24. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00.

Hedge Funds Weigh In On Chart Industries

Several institutional investors have recently bought and sold shares of GTLS. National Bank of Canada FI increased its stake in shares of Chart Industries by 328.7% in the third quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company’s stock worth $839,000 after purchasing an additional 5,181 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in Chart Industries by 248.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 22,257 shares of the industrial products company’s stock worth $2,744,000 after buying an additional 15,862 shares during the period. Fisher Asset Management LLC grew its stake in 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 valued at $73,551,000 after buying an additional 13,181 shares in the last quarter. Blueshift Asset Management LLC bought a new stake in Chart Industries during the 3rd quarter valued at $373,000. Finally, Premier Fund Managers Ltd purchased a new stake in shares of Chart Industries during the third quarter worth $733,000.

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.