News coverage about Chart Industries (NASDAQ:GTLS) has trended somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Chart Industries earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 47.1922404587332 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Chart Industries (NASDAQ GTLS) traded up $0.32 during mid-day trading on Friday, reaching $54.82. The company had a trading volume of 233,371 shares, compared to its average volume of 287,886. The stock has a market cap of $1,690.00, a price-to-earnings ratio of -783.14, a price-to-earnings-growth ratio of 1.53 and a beta of 1.33. Chart Industries has a one year low of $32.04 and a one year high of $54.95. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.13 and a quick ratio of 0.74.
Chart Industries (NASDAQ:GTLS) last announced its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.07. Chart Industries had a positive return on equity of 2.25% and a negative net margin of 0.21%. The firm had revenue of $240.50 million during the quarter, compared to analyst estimates of $235.96 million. During the same quarter in the previous year, the business earned $0.53 EPS. Chart Industries’s revenue for the quarter was up 17.9% compared to the same quarter last year. equities analysts predict that Chart Industries will post 0.84 earnings per share for the current year.
GTLS has been the topic of several research reports. Cowen reaffirmed a “hold” rating and set a $40.00 target price on shares of Chart Industries in a research report on Sunday, October 22nd. Zacks Investment Research raised Chart Industries from a “hold” rating to a “strong-buy” rating and set a $50.00 target price on the stock in a research report on Wednesday, November 1st. BidaskClub cut Chart Industries from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 6th. Seaport Global Securities raised Chart Industries from a “neutral” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Friday, October 27th. Finally, Lake Street Capital raised their price objective on Chart Industries from $48.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $52.67.
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About Chart Industries
Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.
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