Chart Industries (NYSE:GTLS) Price Target Raised to $210.00 at TD Cowen

Chart Industries (NYSE:GTLS) had its price objective upped by TD Cowen from $205.00 to $210.00 in a report published on Monday, MarketBeat Ratings reports. They currently have a buy rating on the industrial products company’s stock.

Several other equities research analysts also recently commented on GTLS. Citigroup upped their target price on shares of Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Craig Hallum increased their price objective on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Raymond James reissued a “strong-buy” rating and set a $190.00 price objective on shares of Chart Industries in a research report on Monday, December 2nd. The Goldman Sachs Group increased their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, December 20th. Finally, BTIG Research increased their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $192.54.

Chart Industries Stock Down 13.9 %

Shares of NYSE:GTLS opened at $163.97 on Monday. Chart Industries has a 52 week low of $101.60 and a 52 week high of $220.03. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The company has a market capitalization of $7.02 billion, a PE ratio of 47.53, a PEG ratio of 0.57 and a beta of 1.84. The company has a 50 day moving average price of $199.18 and a two-hundred day moving average price of $164.01.

Chart Industries (NYSE:GTLS) last issued its earnings results on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing the consensus estimate of $3.20 by ($0.54). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the previous year, the company posted $2.25 EPS. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. Analysts forecast that Chart Industries will post 9.02 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Archford Capital Strategies LLC lifted its stake in Chart Industries by 2.2% in the fourth quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company’s stock valued at $433,000 after acquiring an additional 48 shares during the last quarter. First Manhattan CO. LLC. lifted its stake in Chart Industries by 3.1% in the fourth quarter. First Manhattan CO. LLC. now owns 1,779 shares of the industrial products company’s stock valued at $340,000 after acquiring an additional 54 shares during the last quarter. MML Investors Services LLC lifted its stake in Chart Industries by 3.3% in the third quarter. MML Investors Services LLC now owns 1,974 shares of the industrial products company’s stock valued at $245,000 after acquiring an additional 63 shares during the last quarter. Assetmark Inc. lifted its stake in Chart Industries by 3.0% in the fourth quarter. Assetmark Inc. now owns 2,185 shares of the industrial products company’s stock valued at $417,000 after acquiring an additional 64 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in Chart Industries by 56.0% in the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 65 shares during the last quarter.

About Chart Industries

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.