Extremely significant positive changes in Chart Industries Inc (NYSE: GTLS) investment behavior have recently occurred: its shorter term price trend turned up, and its longer term price trend turned up.
Notable positive changes in Chart Industries Inc (NYSE: GTLS) fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
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 A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Chart Industries has a good Power Rating of 80 and a good Appreciation Score of 82, leading to the Highest Value Trend Rating.
Recent Price Action
Chart Industries Inc (NYSE: GTLS) stock closed at $168.35 on 7/16/24 after a large increase of 4.5%. Moreover, unusually high trading volume at 167% of normal accompanied the advance. The stock has risen 20.9% during the last week and has been strong relative to the market over the last nine months.
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