Analysts’ expectations for Chart Industries Inc (GTLS) stock: $198.36 price target in 12 months

At the time of writing, Chart Industries Inc [GTLS] stock is trading at $119.77, up 2.11%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GTLS shares have gain 12.11% over the last week, with a monthly amount glided 3.80%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Chart Industries Inc [NYSE: GTLS] stock has seen the most recent analyst activity on September 16, 2024, when Morgan Stanley upgraded its rating to a Overweight but kept the price target unchanged to $175 for it. On May 06, 2024, TD Cowen reiterated its Buy rating and revised its price target to $265 on the stock. UBS upgraded its rating to a Buy and raised its price target to $170 on March 19, 2024. TD Cowen reiterated a Outperform rating for this stock on February 29, 2024, and upped its price target to $260. In a note dated January 04, 2024, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $190.

For the past year, the stock price of Chart Industries Inc fluctuated between $101.60 and $176.85. Currently, Wall Street analysts expect the stock to reach $198.36 within the next 12 months. Chart Industries Inc [NYSE: GTLS] shares were valued at $119.77 at the most recent close of the market. An investor can expect a potential return of 65.62% 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 117.69 points at the first support level, and at 115.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 122.31, and for the 2nd resistance point, it is at 124.85.

Ratios To Look Out For

It is important to note that Chart Industries Inc [NYSE:GTLS] has a current ratio of 1.27. As well, the Quick Ratio is 0.98, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 1.83 and price to earnings (TTM) ratio is 56.06.

Transactions by insiders

Recent insider trading involved Harty Linda S, Director, that happened on Sep 16 ’24 when 5000.0 shares were purchased. VP, GC and Secretary, Hotchkiss Herbert completed a deal on Sep 16 ’24 to buy 212.0 shares. Meanwhile, Director Harty Linda S bought 1000.0 shares on Sep 13 ’24.

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