Chart Industries Inc (NYSE: GTLS) has reported E.P.S. of $0.16 for its first fiscal quarter (ending March 31) versus $-0.54 for the same period a year ago. Relative to the consensus estimate of $2.86, this was a shortfall of $-2.70. For the latest four quarters through March 31, E.P.S. were $1.19 compared to $1.39 a year ago — a decline of -14%.
Recent Price Action
Chart Industries Inc (NYSE: GTLS) stock closed at $155.00 on 5/3/24 after a very large increase of 6.9%. Moreover, trading volume in this advance was unusually high at 193% of normal. The stock has risen 2.0% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
GTLS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Chart Industries has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Chart Industries has a good Appreciation Score of 81 but a neutral Power Rating of 40, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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