Chart Industries Inc (NYSE: GTLS) closed the day trading at $157.01 up 0.11% from the previous closing price of $156.83. In other words, the price has increased by $+0.18 from its previous closing price. On the day, 529053 shares were traded.
Ratios:
For a better understanding of GTLS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 210.08. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 1.40 whereas as Long-Term Debt/Eq ratio is at 1.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on March 19, 2024, Upgraded its rating to Buy and sets its target price to $170 from $152 previously.
On February 29, 2024, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $230 to $260.
Raymond James Upgraded its Outperform to Strong Buy on January 04, 2024, while the target price for the stock was maintained at $190.
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 Dec 15 ’23 when Harty Linda S bought 1,000 shares for $130.14 per share. The transaction valued at 130,140 led to the insider holds 8,310 shares of the business.
Harty Linda S bought 500 shares of GTLS for $67,222 on Dec 14 ’23. The Director now owns 7,310 shares after completing the transaction at $134.44 per share. On Dec 11 ’23, another insider, CICHOCKI ANDREW R, who serves as the Director of the company, bought 400 shares for $126.88 each. As a result, the insider paid 50,753 and bolstered with 1,177 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 6.63B and an Enterprise Value of 10.35B. As of this moment, Chart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 366.33, and their Forward P/E ratio for the next fiscal year is 10.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 2.37. Its current Enterprise Value per Revenue stands at 3.09 whereas that against EBITDA is 18.44.
Stock Price History:
Over the past 52 weeks, GTLS has reached a high of $184.65, while it has fallen to a 52-week low of $105.89. The 50-Day Moving Average of the stock is 136.71, while the 200-Day Moving Average is calculated to be 146.51.
Shares Statistics:
Over the past 3-months, GTLS traded about 646.07K shares per day on average, while over the past 10 days, GTLS traded about 542.69k shares per day. A total of 42.28M shares are outstanding, with a floating share count of 42.05M. Insiders hold about 0.55% of the company’s shares, while institutions hold 118.95% stake in the company. Shares short for GTLS as of Mar 15, 2024 were 6.03M with a Short Ratio of 9.34, compared to 5.78M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 14.27% and a Short% of Float of 19.59%.
Earnings Estimates
Current recommendations for the stock of the company come from 16 analysts. On average, analysts expect EPS of $1.51 for the current quarter, with a high estimate of $2.09 and a low estimate of $0.71, while EPS last year was $1.41. The consensus estimate for the next quarter is $2.56, with high estimates of $3.2 and low estimates of $1.95.
Analysts are recommending an EPS of between $13.55 and $6.12 for the fiscal current year, implying an average EPS of $10.43. EPS for the following year is $14.15, with 17 analysts recommending between $17.21 and $10.13.
Revenue Estimates
16 analysts predict $977.65M in revenue for the current quarter. It ranges from a high estimate of $1.08B to a low estimate of $928M. As of the current estimate, Chart Industries Inc’s year-ago sales were $537.9M, an estimated increase of 81.80% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $1.14B, an increase of 25.40% less than the figure of $81.80% in the same quarter last year. There is a high estimate of $1.22B for the next quarter, whereas the lowest estimate is $1.07B.
A total of 20 analysts have provided revenue estimates for GTLS’s current fiscal year. The highest revenue estimate was $4.94B, while the lowest revenue estimate was $4.41B, resulting in an average revenue estimate of $4.68B. In the same quarter a year ago, actual revenue was $3.35B, up 39.50% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $5.23B in the next fiscal year. The high estimate is $5.56B and the low estimate is $4.77B. The average revenue growth estimate for next year is up 11.80% from the average revenue estimate for this year.
