News articles about Chart Industries (NASDAQ:GTLS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chart Industries earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 47.6919271517185 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Chart Industries (GTLS) opened at $44.23 on Friday. The company has a market capitalization of $1,351.46, a price-to-earnings ratio of 84.46, a P/E/G ratio of 2.62 and a beta of 1.30. Chart Industries has a 12 month low of $32.04 and a 12 month high of $45.90. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 1.13.
Chart Industries (NASDAQ:GTLS) last issued its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.07. The business had revenue of $240.50 million for the quarter, compared to the consensus estimate of $235.96 million. Chart Industries had a positive return on equity of 2.25% and a negative net margin of 0.21%. The firm’s revenue was up 17.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 EPS. analysts expect that Chart Industries will post 0.84 earnings per share for the current fiscal year.
A number of research firms have recently weighed in on GTLS. Lake Street Capital increased their price target on Chart Industries from $48.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Seaport Global Securities raised Chart Industries from a “neutral” rating to a “buy” rating and set a $58.00 price target on the stock in a research note on Friday, October 27th. Zacks Investment Research raised Chart Industries from a “hold” rating to a “strong-buy” rating and set a $50.00 price target on the stock in a research note on Wednesday, November 1st. Cowen and Company reissued a “hold” rating and issued a $40.00 price target on shares of Chart Industries in a research note on Sunday, October 22nd. Finally, Northcoast Research raised Chart Industries from a “neutral” rating to a “buy” rating and set a $51.00 price target on the stock in a research note on Monday, October 9th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Chart Industries has an average rating of “Buy” and an average price target of $48.14.
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About Chart Industries
Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.
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