As of close of business last night, Chart Industries Inc.’s stock clocked out at $111.07, down -0.99% from its previous closing price of $112.18. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 527553 shares were traded. GTLS stock price reached its highest trading level at $112.64 during the session, while it also had its lowest trading level at $108.92.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
Ratios:
To gain a deeper understanding of GTLS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 789.13. 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
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 21 when Vinci Gerald F bought 300 shares for $119.28 per share. The transaction valued at 35,784 led to the insider holds 300 shares of the business.
Harty Linda S bought 5,000 shares of GTLS for $525,038 on Mar 20. The Director now owns 6,067 shares after completing the transaction at $105.01 per share. On Mar 20, another insider, Evanko Jillian C., who serves as the President and CEO of the company, bought 2,375 shares for $104.29 each. As a result, the insider paid 247,689 and bolstered with 104,228 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GTLS now has a Market Capitalization of 5.58B and an Enterprise Value of 7.24B. As of this moment, Chart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 82.03, and their Forward P/E ratio for the next fiscal year is 11.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.72 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 4.49 whereas that against EBITDA is 34.53.
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 $101.44. The 50-Day Moving Average of the stock is 120.17, while the 200-Day Moving Average is calculated to be 149.75.
Shares Statistics:
It appears that GTLS traded 755.75K shares on average per day over the past three months and 569.16k shares per day over the past ten days. A total of 36.25M shares are outstanding, with a floating share count of 35.52M. Insiders hold about 0.10% of the company’s shares, while institutions hold 122.95% stake in the company. Shares short for GTLS as of Apr 27, 2023 were 6.24M with a Short Ratio of 6.61M, compared to 6.03M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 14.87% and a Short% of Float of 20.47%.
Earnings Estimates
As of right now, 11 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.97 for the current quarter, with a high estimate of $1.43 and a low estimate of $0.57, while EPS last year was $0.88. The consensus estimate for the next quarter is $1.53, with high estimates of $1.74 and low estimates of $1.35.
Analysts are recommending an EPS of between $6.33 and $4.7 for the fiscal current year, implying an average EPS of $5.88. EPS for the following year is $9.87, with 13 analysts recommending between $12.64 and $7.48.
Revenue Estimates
In the current quarter, 11 analysts expect revenue to total $980.67M. It ranges from a high estimate of $1.04B to a low estimate of $943.6M. As of the current estimate, Chart Industries Inc.’s year-ago sales were $404.8M, an estimated increase of 142.30% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $1.05B, an increase of 134.40% less than the figure of $142.30% in the same quarter last year. There is a high estimate of $1.08B for the next quarter, whereas the lowest estimate is $1.02B.
A total of 15 analysts have provided revenue estimates for GTLS’s current fiscal year. The highest revenue estimate was $3.76B, while the lowest revenue estimate was $3.06B, resulting in an average revenue estimate of $3.65B. In the same quarter a year ago, actual revenue was $1.61B, up 126.30% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $4.59B in the next fiscal year. The high estimate is $4.99B and the low estimate is $4.22B. The average revenue growth estimate for next year is up 25.90% from the average revenue estimate for this year.