Chart Industries (NYSE:GTLS) Issues FY25 Earnings Guidance

Chart Industries (NYSE:GTLS) updated its FY25 earnings guidance on Friday. The company provided EPS guidance of $12.00-13.00 for the period, compared to the consensus EPS 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. Chart Industries also updated its FY 2025 guidance to 12.000-13.000 EPS.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Barclays lowered their price target on 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. BTIG Research increased their target price on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Stifel Nicolaus increased their target price on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Citigroup increased their target price on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Finally, The Goldman Sachs Group increased their target price on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. 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 company. Based on data from MarketBeat.com, Chart Industries currently has an average rating of “Moderate Buy” and a consensus target price of $191.54.

Chart Industries Trading Up 4.6 %

Shares of Chart Industries stock opened at $190.58 on Friday. The business has a fifty day simple moving average of $199.68 and a two-hundred day simple moving average of $162.92. Chart Industries has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 55.24, a P/E/G ratio of 0.57 and a beta of 1.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing the consensus estimate of $3.20 by ($0.54). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the previous year, the business earned $2.25 EPS. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. Research analysts forecast that Chart Industries will post 9.02 EPS for the current 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.