FY2018 EPS Estimates for Chart Industries, Inc. Increased by Seaport Global Securities (GTLS)

Chart Industries, Inc. (NASDAQ:GTLS) – Seaport Global Securities boosted their FY2018 earnings per share (EPS) estimates for Chart Industries in a report issued on Tuesday, February 12th. Seaport Global Securities analyst W. Liptak now expects that the industrial products company will post earnings per share of $2.07 for the year, up from their prior estimate of $2.00. Seaport Global Securities also issued estimates for Chart Industries’ Q3 2019 earnings at $1.33 EPS, Q4 2019 earnings at $0.66 EPS and FY2019 earnings at $2.92 EPS.

Several other equities analysts also recently weighed in on the company. BidaskClub raised Chart Industries from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Zacks Investment Research downgraded Chart Industries from a “buy” rating to a “hold” rating in a research report on Thursday, February 7th. Finally, Evercore ISI raised Chart Industries from an “in-line” rating to an “outperform” rating and set a $63.56 target price on the stock in a research report on Sunday, December 9th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $80.11.

NASDAQ GTLS opened at $81.48 on Wednesday. The company has a market cap of $2.54 billion, a PE ratio of 84.88, a P/E/G ratio of 0.96 and a beta of 1.07. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.53 and a current ratio of 2.13. Chart Industries has a fifty-two week low of $46.47 and a fifty-two week high of $82.65.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Great West Life Assurance Co. Can increased its holdings in shares of Chart Industries by 4.9% in the fourth quarter. Great West Life Assurance Co. Can now owns 40,787 shares of the industrial products company’s stock valued at $2,446,000 after purchasing an additional 1,897 shares during the period. Raymond James & Associates increased its holdings in shares of Chart Industries by 8.2% in the fourth quarter. Raymond James & Associates now owns 24,844 shares of the industrial products company’s stock valued at $1,616,000 after purchasing an additional 1,891 shares during the period. Texas Permanent School Fund increased its holdings in shares of Chart Industries by 4.7% in the fourth quarter. Texas Permanent School Fund now owns 20,420 shares of the industrial products company’s stock valued at $1,328,000 after purchasing an additional 917 shares during the period. BlackRock Inc. increased its holdings in shares of Chart Industries by 1.7% in the fourth quarter. BlackRock Inc. now owns 4,454,653 shares of the industrial products company’s stock valued at $289,686,000 after purchasing an additional 74,962 shares during the period. Finally, Lisanti Capital Growth LLC increased its holdings in shares of Chart Industries by 48.4% in the fourth quarter. Lisanti Capital Growth LLC now owns 83,435 shares of the industrial products company’s stock valued at $5,426,000 after purchasing an additional 27,195 shares during the period.

About Chart Industries

Chart Industries, Inc manufactures and sells engineered equipment, packaged solutions, and value-add services for the industrial gas, energy, and biomedical industries worldwide. It operates in three segments: Energy & Chemicals (E&C), Distribution & Storage (D&S), and BioMedical. The E&C segment primarily provides brazed aluminum heat exchangers, Core-in-Kettle heat exchangers, air cooled heat exchangers, cold boxes, and process systems, as well as axial cooling fans for power, heating, ventilation, air conditioning, and refining end user applications.

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Earnings History and Estimates for Chart Industries (NASDAQ:GTLS)

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