Chart Industries (NYSE:GTLS) Updates FY25 Earnings Guidance

Chart Industries (NYSE:GTLS) provided an update on its financial expectations for the fiscal year 2025, signaling a cautious outlook. The company set its earnings per share (EPS) guidance in the range of $12.00 to $13.00. This is slightly below the consensus estimate of $12.30 from various analysts.

Additionally, Chart Industries projected its revenue for FY25 to fall between $4.65 billion and $4.85 billion. This also comes in just below the consensus estimate, which stands at approximately $4.68 billion.

Wall Street Analysts Provide Insights

Several analysts have recently analyzed the stock of Chart Industries, offering varying perspectives. Barclays made a small adjustment to their price target, reducing it from $146.00 to $145.00, while maintaining an "equal weight" rating for the company.

On the other hand, Citigroup has a more optimistic view and increased its price target from $190.00 to $225.00, assigning a "buy" rating. Similarly, The Goldman Sachs Group raised its target price from $138.00 to $201.00, opting for a "neutral" rating. Craig Hallum also lifted their price target, increasing it from $199.00 to $207.00, reiterating a "buy" rating.

BTIG Research followed suit with a target increase from $170.00 to $210.00, also maintaining a "buy" rating.

In summary, out of the analysts monitoring Chart Industries, three have assigned a hold rating, nine have opted for a buy rating, and two analysts have categorized it as a strong buy. According to MarketBeat.com, the average rating for the stock is labeled as "Moderate Buy" with a consensus price target of $191.54.

Chart Industries Stock Performance Overview

When it comes to stock performance, Chart Industries opened trading at $182.31 recently. Key financial ratios indicate a current ratio of 1.27, a quick ratio of 1.00, and a debt-to-equity ratio of 1.16. The company's market cap stands at $7.80 billion and it has a P/E ratio of 52.84 with a price-to-earnings-growth ratio of 0.57. The stock's beta is reported at 1.84. Over the past year, Chart Industries has seen a low of $101.60 and a high of $220.03, with its moving averages reflecting a 50-day average of $199.56 and a 200-day average of $162.36.

In its last quarterly report, which was announced on February 28th, Chart Industries reported an EPS of $2.66 for that quarter, which was below the consensus expectation of $3.20. The company showed a net margin of 4.30% and a return on equity of 13.25%. Reported revenue for the quarter reached $1.11 billion, lower than the projected $1.17 billion. Compared to the same period last year, revenues grew by 9.0%. Analysts are currently projecting an average EPS of approximately 9.02 for the current fiscal year.

About Chart Industries

Chart Industries, Inc. is engaged in the design, engineering, and manufacture of process technologies and equipment used primarily for gas and liquid molecules both within the United States and internationally. The company operates through four main segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.

Considerations for Investors

For those contemplating investing in Chart Industries, it's noteworthy that while the current consensus rating is "Moderate Buy", several top analysts believe that there are possibly more attractive investment opportunities elsewhere. It's prudent for investors to conduct thorough research and consider all available information before making any investment decisions.

Earnings, Stocks, Guidance