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 maximum price target given was 44, which equates to a potential upside of 24.4 percent. The minimum price target given was 35, which equates to a potential downside 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.
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. Meanwhile, fiscal year estimates have been revised downwards by -1.33 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 4 analysts made negative revisions to their fiscal year's estimates.
GTLS has an estimated earnings growth rate of 103.95 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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.
GTLS has a 52-week high of 40.87 and a 52-week low of 27.01. The current market price is above the trailing year's low by 30.95 percent, and 13.46 percent lower than its 52-week high. 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 will post this quarters earnings in days, on 0000-00-00.