Analyst Ratings for Chart Industries Inc. (GTLS)Updated: 2017-07-28
Shares of Chart Industries Inc. (NASDAQ:GTLS) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Hold was previously issued for GTLS last month.
A buy rating was issued by 3 analysts, 0 issued an overweight rating, 9 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for GTLS by the analysts covering the stock. The most optimistic analyst gave a price target of 44, which equates to a potential upside of 24.4 percent. The minimum price target given was 35, implying a possible loss of -1.05 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -4.35 percent. That number becomes -4.77 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -1.33 percent. If we look at the last 90 days instead, we find a net average change of -2 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 4 analysts that revised their FY estimates downwards.
Analysts estimate earnings of GTLS to grow at a rate of 103.95 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of GTLS is 0.92.
In the trailing 52-weeks, GTLS hit 40.87 at the highest peak, while it's lowest trading point was 27.01. The current market price is above the trailing year's low by 30.95 percent, and 13.46 percent below the high. GTLS has a price/earnings ratio of 95.59. Investors typically compare the P/E ratio to a company's peers in the industry. The GTLS value stock report compares GTLS to some of its peers using value stock charts. The market cap of GTLS is $1.06 billion. GTLS's next earnings release will be on 0000-00-00, which is days away.