Chart Industries (NYSE:GTLS) Updates FY25 Earnings Guidance

Chart Industries (NYSE:GTLS) issued an update on its FY25 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $12.00-13.00 for the period, compared to the consensus 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

GTLS has been the topic of several recent analyst reports. Citigroup boosted their price target on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Raymond James restated a “strong-buy” rating and set a $190.00 target price on shares of Chart Industries in a report on Monday, December 2nd. BTIG Research increased their price target on shares of Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, December 16th. The Goldman Sachs Group boosted their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Finally, Craig Hallum raised their target price on shares of Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Three equities 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $191.54.

Chart Industries Stock Performance

Shares of NYSE:GTLS traded up $7.54 during trading on Friday, reaching $189.79. 752,614 shares of the stock were exchanged, compared to its average volume of 624,753. Chart Industries has a 12 month low of $101.60 and a 12 month high of $220.03. The stock has a 50-day moving average price of $199.56 and a 200-day moving average price of $162.36. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The firm has a market cap of $8.12 billion, a PE ratio of 55.22, a PEG ratio of 0.57 and a beta of 1.84.

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

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.