The closing price of Chart Industries Inc (NYSE: GTLS) was $155.48 for the day, down -2.24% from the previous closing price of $159.05. In other words, the price has decreased by -$3.57 from its previous closing price. On the day, 510781 shares were traded.
Ratios:
Our analysis of GTLS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 208.03. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 6.54B and an Enterprise Value of 10.25B. As of this moment, Chart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 362.76, and their Forward P/E ratio for the next fiscal year is 10.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 3.06 whereas that against EBITDA is 18.27.
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 $106.66. The 50-Day Moving Average of the stock is 141.22, while the 200-Day Moving Average is calculated to be 146.71.
Shares Statistics:
GTLS traded an average of 645.00K shares per day over the past three months and 493.54k shares per day over the past ten days. A total of 42.28M shares are outstanding, with a floating share count of 42.04M. Insiders hold about 0.56% of the company’s shares, while institutions hold 119.11% stake in the company. Shares short for GTLS as of Mar 28, 2024 were 6.05M with a Short Ratio of 9.38, compared to 5.85M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 14.31% and a Short% of Float of 19.64%.
Earnings Estimates
The firm’s stock currently is rated by 16 analysts. On average, analysts expect EPS of $1.5 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 $2.57, 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
It is expected that $90B in revenue will be generated in the current quarter, according to 16 analysts. 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 81.50% 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 $81.50% 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.
