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.
GTLS was given price targets by several analysts. The highest price target was 44, implying potential capital gains of 24.4 percent. The most pessimistic analyst gave a price target of 35, which equates to a potential downside of -1.05 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.33 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, 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.
GTLS has an estimated earnings growth rate of 103.95 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. GTLS has a PEG ratio of 0.92.
GTLS has traded between a high of 40.87 and a low of 27.01 over the past year. Today's price is 30.95 percent above the 52-week low, and below the high by 13.46 percent. GTLS has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.