After finishing at $118.20 in the prior trading day, Chart Industries Inc. (NYSE: GTLS) closed at $117.49, down -0.60%. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 788005 shares were traded. GTLS stock price reached its highest trading level at $117.94 during the session, while it also had its lowest trading level at $113.20.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
Ratios:
Our goal is to gain a better understanding of GTLS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 828.66. For the most recent quarter (mrq), Quick Ratio is recorded 3.10 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.76.
Upgrades & Downgrades
On November 22, 2022, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $259 to $150.
Piper Sandler Downgraded its Overweight to Neutral on November 18, 2022, whereas the target price for the stock was revised from $228 to $133.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 when Sagehorn David M. bought 100 shares for $120.32 per share. The transaction valued at 12,032 led to the insider holds 300 shares of the business.
Sagehorn David M. bought 200 shares of GTLS for $26,830 on Mar 10. The Director now owns 200 shares after completing the transaction at $134.15 per share. On Mar 08, another insider, STRAUCH ROGER A, who serves as the Director of the company, bought 100 shares for $148.97 each. As a result, the insider paid 14,897 and bolstered with 1,267 shares of the company.
Valuation Measures:
As of this moment, Chart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 60.19, and their Forward P/E ratio for the next fiscal year is 11.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.39 while its Price-to-Book (P/B) ratio in mrq is 1.59.
Stock Price History:
Over the past 52 weeks, GTLS has reached a high of $242.59, while it has fallen to a 52-week low of $107.68. The 50-Day Moving Average of the stock is 131.74, while the 200-Day Moving Average is calculated to be 162.51.
Shares Statistics:
The stock has traded on average 744.52K shares per day over the past 3-months and 1.12M shares per day over the last 10 days, according to various share statistics. A total of 36.25M shares are outstanding, with a floating share count of 35.52M. Shares short for GTLS as of Jan 30, 2023 were 5.91M with a Short Ratio of 6.26M, compared to 5.85M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 13.90% and a Short% of Float of 21.28%.
Earnings Estimates
Its stock is currently analyzed by 16 different market analysts. On average, analysts expect EPS of $1.72 for the current quarter, with a high estimate of $2.05 and a low estimate of $1.45, while EPS last year was $0.73. The consensus estimate for the next quarter is $1.15, with high estimates of $1.61 and low estimates of $0.12.
Analysts are recommending an EPS of between $5.07 and $4.5 for the fiscal current year, implying an average EPS of $4.86. EPS for the following year is $7.14, with 10 analysts recommending between $8 and $4.12.
Revenue Estimates
14 analysts predict $494.07M in revenue for the current quarter. It ranges from a high estimate of $518.33M to a low estimate of $448.5M. As of the current estimate, Chart Industries Inc.’s year-ago sales were $378.9M, an estimated increase of 30.40% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $468.58M, an increase of 32.30% over than the figure of $30.40% in the same quarter last year. There is a high estimate of $517M for the next quarter, whereas the lowest estimate is $409.1M.
A total of 15 analysts have provided revenue estimates for GTLS’s current fiscal year. The highest revenue estimate was $1.69B, while the lowest revenue estimate was $1.62B, resulting in an average revenue estimate of $1.66B. In the same quarter a year ago, actual revenue was $1.32B, up 26.30% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.14B in the next fiscal year. The high estimate is $2.32B and the low estimate is $2B. The average revenue growth estimate for next year is up 28.30% from the average revenue estimate for this year.
