Wall Street analysts expect that Chart Industries, Inc. (NASDAQ:GTLS) will announce earnings of $0.32 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Chart Industries’ earnings, with the highest EPS estimate coming in at $0.39 and the lowest estimate coming in at $0.29. The business is scheduled to announce its next earnings results on Thursday, February 22nd.

On average, analysts expect that Chart Industries will report full-year earnings of $0.84 per share for the current financial year, with EPS estimates ranging from $0.81 to $0.90. For the next financial year, analysts forecast that the company will report earnings of $1.70 per share, with EPS estimates ranging from $1.38 to $1.99. Zacks’ EPS averages are an average based on a survey of analysts that cover Chart Industries.

Chart Industries (NASDAQ:GTLS) last announced its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.07. The firm had revenue of $240.50 million during the quarter, compared to analyst estimates of $235.96 million. Chart Industries had a positive return on equity of 2.25% and a negative net margin of 0.21%. Chart Industries’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.53 EPS.

Several analysts have commented on GTLS shares. BidaskClub cut shares of Chart Industries from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 6th. Northcoast Research raised shares of Chart Industries from a “neutral” rating to a “buy” rating and set a $51.00 price target for the company in a research note on Monday, October 9th. Johnson Rice reaffirmed a “buy” rating and issued a $48.00 price target (up from $42.00) on shares of Chart Industries in a research note on Monday, October 2nd. Lake Street Capital upped their price target on shares of Chart Industries from $48.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Finally, Seaport Global Securities raised shares of Chart Industries from a “neutral” rating to a “buy” rating and set a $58.00 price target for the company in a research note on Friday, October 27th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $50.33.

Chart Industries (NASDAQ:GTLS) traded up $1.20 during mid-day trading on Thursday, reaching $45.45. 598,903 shares of the company’s stock traded hands, compared to its average volume of 283,592. The stock has a market cap of $1,400.00, a PE ratio of 87.40, a P/E/G ratio of 2.71 and a beta of 1.32. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.13 and a quick ratio of 0.74. Chart Industries has a 12-month low of $32.04 and a 12-month high of $48.78.

Several large investors have recently modified their holdings of the company. Eagle Asset Management Inc. increased its holdings in Chart Industries by 176.4% during the third quarter. Eagle Asset Management Inc. now owns 1,448,392 shares of the industrial products company’s stock worth $58,297,000 after buying an additional 924,284 shares during the last quarter. SG Capital Management LLC bought a new stake in shares of Chart Industries during the 3rd quarter worth approximately $13,381,000. Dimensional Fund Advisors LP lifted its stake in shares of Chart Industries by 12.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,350,503 shares of the industrial products company’s stock worth $81,633,000 after acquiring an additional 260,913 shares during the last quarter. Cramer Rosenthal Mcglynn LLC bought a new stake in shares of Chart Industries during the 3rd quarter worth approximately $8,409,000. Finally, Vivaldi Asset Management LLC purchased a new position in Chart Industries during the 2nd quarter worth $2,858,000. 86.75% of the stock is owned by institutional investors.

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About Chart Industries

Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.

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Earnings History and Estimates for Chart Industries (NASDAQ:GTLS)

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