Chart IndustriesGTLS
GTLS
About: Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas industries. It also provides natural gas processing solutions for the natural gas industry and specialty products that serve a variety of spaces, including hydrogen, biofuels, cannabis, and water treatment. The firm acquired Howden in a significant deal in early 2023, roughly doubling the size of the company.
Employees: 11,637
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
54% more repeat investments, than reductions
Existing positions increased: 205 | Existing positions reduced: 133
17% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 69
11% more call options, than puts
Call options by funds: $42.2M | Put options by funds: $38.1M
3% more funds holding
Funds holding: 459 [Q2] → 471 (+12) [Q3]
2.38% more ownership
Funds ownership: 116.64% [Q2] → 119.03% (+2.38%) [Q3]
12% less capital invested
Capital invested by funds: $7.2B [Q2] → $6.33B (-$872M) [Q3]
25% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 6 (-2) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$145
22%
downside
Avg. target
$183
1%
downside
High target
$210
14%
upside
8 analyst ratings
6 positive
75%
2 neutral
25%
0 negative
0%
Goldman Sachs Ati Modak 67% 1-year accuracy 2 / 3 met price target | 9%upside $201 | Neutral Maintained | 20 Dec 2024 |
BTIG Gregory Lewis 47% 1-year accuracy 23 / 49 met price target | 14%upside $210 | Buy Maintained | 16 Dec 2024 |
Raymond James Pavel Molchanov 60% 1-year accuracy 9 / 15 met price target | 3%upside $190 | Strong Buy Reiterated | 2 Dec 2024 |
Craig-Hallum Eric Stine 40% 1-year accuracy 12 / 30 met price target | 12%upside $207 | Buy Maintained | 4 Nov 2024 |
Stifel Benjamin Nolan 32% 1-year accuracy 12 / 37 met price target | 8%upside $200 | Buy Maintained | 4 Nov 2024 |
Financial journalist opinion
Based on 4 articles about GTLS published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Chart Industries Authorizes $250M Worth of Share Buyback Program
GTLS rewards shareholders with a share buyback program worth $250 million.
Positive
Seeking Alpha
1 week ago
Chart Industries: The First Look At 2025
Chart Industries' management expects robust earnings growth for fiscal years 2024 and 2025. The company anticipates continued margin expansion, driven by high-margin repair and maintenance services. Chart Industries is now generating free cash flow.
Neutral
GlobeNewsWire
1 week ago
Chart Industries, Inc. Announces $250 Million Share Repurchase Authorization
ATLANTA, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, today announced that its Board of Directors has authorized a share repurchase program of up to $250.0 million of its common stock. Under the stock repurchase program, Chart may purchase shares of its common stock through various means, including open market transactions, block purchases, privately negotiated transactions or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The program may be modified, discontinued or suspended at any time without prior notice.
Neutral
GlobeNewsWire
1 week ago
Chart Industries to Present at Wells Fargo 23rd Annual Midstream, Energy & Utilities Symposium
ATLANTA, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, will present at the Wells Fargo 23rd Annual Midstream, Energy & Utilities Symposium in New York. Jill Evanko, President and Chief Executive Officer will participate in a fireside discussion on Wednesday, December 11th, and a webcast is scheduled for 8:45 a.m. ET.
Neutral
GlobeNewsWire
1 month ago
Chart Industries Hosts 2024 Capital Markets Day
ATLANTA, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, is hosting a Capital Markets Day, today, November 12, 2024, at 9:00 am ET. A supplemental presentation was released this morning which will be discussed during the event and webcast.
Positive
The Motley Fool
1 month ago
This Under-the-Radar Industrial Stock is Actually A Stealth Artificial Intelligence (AI) Play
Whether taking heat out of data centers or supplying the power, this industrial stock has the goods.
Neutral
Seeking Alpha
1 month ago
Chart Industries: Mr. Market Finally Evaluates Earnings Progress
Adjusted earnings missed for non-operational and non-controllable reasons. Annual earnings are still expected to grow by roughly 50%. Initial guidance implies another year of rapid earnings growth.
Neutral
Seeking Alpha
1 month ago
Chart Industries, Inc. (GTLS) Q3 2024 Earnings Call Transcript
Chart Industries, Inc. (NYSE:GTLS ) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Jill Evanko - Chief Executive Officer Joe Brinkman - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Marc Bianchi - TD Cowen Ben Nolan - Stifel Martin Malloy - Johnson Rice Pavel Molchanov - Raymond James Manav Gupta - UBS Rob Brown - Lake Street Capital Craig Shere - Tuohy Brothers Walt Liptak - Seaport Research Alexa Patrick - Goldman Sachs Sherif Elmaghrabi - BTIG Saurabh Pant - Bank of America Operator Good morning, and welcome to the Chart Industries, Inc. 2024 Third Quarter Results Conference Call. All lines have been placed on mute to prevent background noise.
Positive
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About Chart Industries (GTLS) Q3 Earnings
Although the revenue and EPS for Chart Industries (GTLS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
1 month ago
Chart Industries (GTLS) Lags Q3 Earnings and Revenue Estimates
Chart Industries (GTLS) came out with quarterly earnings of $2.18 per share, missing the Zacks Consensus Estimate of $2.56 per share. This compares to earnings of $1.28 per share a year ago.
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