Shares of Chart Industries, Inc. (NASDAQ:GTLS) have earned a consensus rating of “Buy” from the seven ratings firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $87.85.

Several research analysts have commented on GTLS shares. Zacks Investment Research raised Chart Industries from a “hold” rating to a “buy” rating and set a $98.00 target price for the company in a research note on Wednesday, April 10th. BidaskClub downgraded Chart Industries from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, ValuEngine cut Chart Industries from a “strong-buy” rating to a “buy” rating in a report on Wednesday, April 3rd.

In other news, Director W Douglas Brown sold 8,500 shares of the business’s stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $84.84, for a total transaction of $721,140.00. Following the sale, the director now directly owns 9,966 shares in the company, valued at $845,515.44. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Michael Schmit sold 464 shares of the business’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $92.65, for a total value of $42,989.60. Following the sale, the chief accounting officer now owns 1,125 shares in the company, valued at $104,231.25. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Several large investors have recently added to or reduced their stakes in GTLS. Quadrant Capital Group LLC boosted its holdings in Chart Industries by 416.9% in the first quarter. Quadrant Capital Group LLC now owns 336 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 271 shares during the last quarter. Parallel Advisors LLC bought a new stake in Chart Industries in the first quarter valued at approximately $29,000. Fifth Third Bancorp boosted its holdings in Chart Industries by 66.4% in the first quarter. Fifth Third Bancorp now owns 639 shares of the industrial products company’s stock valued at $58,000 after acquiring an additional 255 shares during the last quarter. Manchester Capital Management LLC bought a new stake in Chart Industries in the first quarter valued at approximately $110,000. Finally, Advisors Preferred LLC bought a new stake in Chart Industries in the first quarter valued at approximately $115,000.

NASDAQ:GTLS traded down $0.22 during mid-day trading on Monday, reaching $83.00. 6,931 shares of the company were exchanged, compared to its average volume of 393,445. Chart Industries has a 12 month low of $57.88 and a 12 month high of $95.66. The company has a quick ratio of 0.71, a current ratio of 1.11 and a debt-to-equity ratio of 0.36. The firm has a market cap of $2.64 billion, a P/E ratio of 41.22 and a beta of 1.13.

Chart Industries (NASDAQ:GTLS) last issued its quarterly earnings data on Thursday, April 18th. The industrial products company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Chart Industries had a return on equity of 8.93% and a net margin of 7.09%. The company had revenue of $289.30 million for the quarter, compared to the consensus estimate of $290.33 million. During the same period in the prior year, the company earned $0.23 EPS. The firm’s revenue was up 18.5% compared to the same quarter last year. As a group, equities analysts predict that Chart Industries will post 2.95 earnings per share for the current fiscal year.

Chart Industries Company Profile

Chart Industries, Inc manufactures and sells engineered equipment and packaged solutions; and provides value-add services for the energy and industrial gas industries worldwide. It operates through three segments: Energy & Chemicals, Distribution & Storage Western Hemisphere, and Distribution & Storage Eastern Hemisphere segments.

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