Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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In the latest quarter, 8 analysts provided ratings for Chart Industries (NYSE:GTLS), showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
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Total Ratings | 4 | 2 | 2 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 1 | 0 | 0 |
2M Ago | 2 | 1 | 1 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $174.88, a high estimate of $199.00, and a low estimate of $144.00. Highlighting a 9.33% decrease, the current average has fallen from the previous average price target of $192.88.
A comprehensive examination of how financial experts perceive Chart Industries is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
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Daniel Kutz | Morgan Stanley | Maintains | Overweight | $175.00 | $175.00 |
Ati Modak | Goldman Sachs | Lowers | Neutral | $144.00 | $168.00 |
Benjamin Nolan | Stifel | Maintains | Buy | $199.00 | $199.00 |
Roger Read | Wells Fargo | Lowers | Overweight | $151.00 | $179.00 |
David Anderson | Barclays | Lowers | Equal-Weight | $147.00 | $193.00 |
Eric Stine | Craig-Hallum | Lowers | Buy | $199.00 | $229.00 |
Benjamin Nolan | Stifel | Lowers | Buy | $199.00 | $220.00 |
Chase Mulvehill | B of A Securities | Raises | Buy | $185.00 | $180.00 |
For valuable insights into Chart Industries's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Chart Industries analyst ratings.
Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas industries. It also provides natural gas processing solutions for the natural gas industry and specialty products that serve a variety of spaces, including hydrogen, biofuels, cannabis, and water treatment. The firm acquired Howden in a significant deal in early 2023, roughly doubling the size of the company.
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Chart Industries's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 14.56%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Chart Industries's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 4.98%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Chart Industries's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.89%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.56%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.48, caution is advised due to increased financial risk.
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: GTLS