Chart Industries (NYSE:GTLS) Releases 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.

Chart Industries Trading Up 4.1 %

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

Chart Industries (NYSE:GTLS) last posted its 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 company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. Chart Industries’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.25 earnings per share. Sell-side analysts anticipate that Chart Industries will post 9.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

GTLS has been the topic of a number of recent analyst reports. Citigroup lifted their price target on shares of Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. BTIG Research lifted their target price on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, December 16th. The Goldman Sachs Group increased their price target on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. Craig Hallum raised their price target 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 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 investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Chart Industries has a consensus rating of “Moderate Buy” and an average target price of $191.54.

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.