Chart Industries (NYSE:GTLS) Price Target Raised to $210.00

Chart Industries (NYSE:GTLS) had its price target raised by TD Cowen from $205.00 to $210.00 in a research note published on Monday, Marketbeat Ratings reports. TD Cowen currently has a buy rating on the industrial products company’s stock.

Other analysts also recently issued reports about the company. BTIG Research raised 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. Citigroup raised 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. The Goldman Sachs Group raised their price objective on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, December 20th. Craig Hallum raised their price objective on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Stifel Nicolaus raised their price objective on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Chart Industries has a consensus rating of “Moderate Buy” and a consensus price target of $194.08.

Chart Industries Trading Down 0.3 %

Shares of GTLS stock opened at $166.07 on Monday. Chart Industries has a fifty-two week low of $101.60 and a fifty-two week high of $220.03. The firm has a market capitalization of $7.11 billion, a P/E ratio of 48.14, a PEG ratio of 0.57 and a beta of 1.84. The stock’s fifty day moving average is $198.68 and its two-hundred day moving average is $164.37. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27.

Chart Industries (NYSE:GTLS) last issued its earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.20 by ($0.54). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the business earned $2.25 earnings per share. The firm’s revenue was up 9.0% compared to the same quarter last year. Research analysts expect that Chart Industries will post 9.02 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Chart Industries

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Chart Industries by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 4,297,398 shares of the industrial products company’s stock valued at $820,115,000 after buying an additional 59,889 shares during the period. Janus Henderson Group PLC boosted its stake in shares of Chart Industries by 2.2% in the 4th quarter. Janus Henderson Group PLC now owns 1,608,883 shares of the industrial products company’s stock valued at $307,046,000 after buying an additional 35,004 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Chart Industries by 37.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,064,637 shares of the industrial products company’s stock valued at $203,178,000 after buying an additional 291,520 shares during the period. King Luther Capital Management Corp boosted its stake in shares of Chart Industries by 2.9% in the 3rd quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock valued at $128,100,000 after buying an additional 29,139 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Chart Industries by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company’s stock valued at $123,318,000 after buying an additional 19,534 shares during the period.

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.