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.
Investment analysts gave a few price targets for GTLS. The most optimistic analyst gave a price target of 44, implying a possible profit of 24.4 percent. The lowest price target 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. The average change in earnings estimates over the last 90 days is -4.77 percent. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.
GTLS has an estimated earnings growth rate of 103.95 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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 lower than its 52-week 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 stock has a market capitalization of $1.06 billion. GTLS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.