Chart Industries (GTLS) Updates FY 2019 Earnings Guidance
Chart Industries (NASDAQ:GTLS) updated its FY 2019 earnings guidance on Thursday. The company provided earnings per share guidance of $2.40-2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.87. The company issued revenue guidance of $1.24-1.3 billion, compared to the consensus revenue estimate of $1.29 billion.Chart Industries also updated its FY 2018 guidance to $1.90-2.00 EPS.
GTLS has been the subject of a number of recent research reports. BidaskClub downgraded shares of Chart Industries from a hold rating to a sell rating in a research note on Monday, October 15th. Zacks Investment Research downgraded shares of Chart Industries from a buy rating to a hold rating in a research note on Thursday, October 4th. Finally, Northcoast Research reissued a buy rating and set a $91.00 price target on shares of Chart Industries in a research note on Friday, July 20th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. Chart Industries presently has a consensus rating of Hold and an average price target of $75.20.
GTLS opened at $69.78 on Friday. The company has a quick ratio of 1.09, a current ratio of 2.07 and a debt-to-equity ratio of 0.60. The company has a market cap of $2.12 billion, a P/E ratio of 72.69, a price-to-earnings-growth ratio of 1.20 and a beta of 1.04. Chart Industries has a fifty-two week low of $41.32 and a fifty-two week high of $80.31.
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.
Featured Story: Exchange-Traded Funds (ETFs)
Receive News & Ratings for Chart Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries and related companies with MarketBeat.com's FREE daily email newsletter.