At the time of writing, Chart Industries Inc [GTLS] stock is trading at $116.48, down -2.13%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GTLS shares have gain 4.71% over the last week, with a monthly amount drifted -29.79%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, TD Cowen reaffirmed its Buy rating on May 06, 2024, and elevated its price target to $265. UBS upgraded its rating to a Buy and increased its price target to $170 on March 19, 2024. TD Cowen reiterated its recommendation of a Outperform and raised its price target to $260 on February 29, 2024. Raymond James upgraded its rating to Strong Buy for this stock on January 04, 2024, but kept the price target unchanged to $190. In a note dated September 25, 2023, HSBC Securities initiated an Buy rating and provided a target price of $212 on this stock.
For the past year, the stock price of Chart Industries Inc fluctuated between $106.88 and $184.65. Currently, Wall Street analysts expect the stock to reach $200.14 within the next 12 months. Chart Industries Inc [NYSE: GTLS] shares were valued at $116.48 at the most recent close of the market. An investor can expect a potential return of 71.82% based on the average GTLS price forecast.
Analyzing the GTLS fundamentals
According to Chart Industries Inc [NYSE:GTLS], the company’s sales were 3.90B for trailing twelve months, which represents an 14.56% jump. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 113.76 points at the first support level, and at 111.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 118.97, and for the 2nd resistance point, it is at 121.47.
Ratios To Look Out For
It is important to note that Chart Industries Inc [NYSE:GTLS] has a current ratio of 1.27. Also, the Quick Ratio is 0.98, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 1.78 and price to earnings (TTM) ratio is 54.52.
Transactions by insiders
Recent insider trading involved Harty Linda S, Director, that happened on May 16 ’24 when 500.0 shares were purchased. President and CEO, Evanko Jillian C. completed a deal on May 10 ’24 to buy 490.0 shares. Meanwhile, Director Harty Linda S bought 1000.0 shares on Dec 15 ’23.
