Chart Industries (NYSE:GTLS) Releases Earnings Results, Misses Expectations By $0.54 EPS

Chart Industries (NYSE:GTLS) announced its quarterly earnings results on Friday. The industrial products company reported $2.66 EPS 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 company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the company earned $2.25 earnings per share. The business’s revenue was up 9.0% compared to the same quarter last year. 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 Stock Performance

GTLS traded up $8.33 during trading hours on Friday, reaching $190.58. The company’s stock had a trading volume of 1,147,075 shares, compared to its average volume of 635,504. Chart Industries has a 52 week low of $101.60 and a 52 week high of $220.03. The company’s 50-day moving average is $199.68 and its 200-day moving average is $162.92. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The firm has a market cap of $8.16 billion, a PE ratio of 55.24, a price-to-earnings-growth ratio of 0.57 and a beta of 1.84.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on GTLS shares. 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. The Goldman Sachs Group boosted their price objective on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Craig Hallum boosted their price objective on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Barclays decreased their price objective on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. Finally, Stifel Nicolaus boosted their price objective on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Chart Industries presently has a consensus rating of “Moderate Buy” and a consensus target price 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.