Chart Industries Inc (NYSE: GTLS) has reported E.P.S. of $1.24 for its second fiscal quarter (ending June 30) versus $-0.01 for the same period a year ago. E.P.S. were $2.44 for the latest four quarters through June 30 versus $1.02 for the same period a year ago.
Recent Price Action
On 8/2/24, Chart Industries Inc (NYSE: GTLS) stock suffered a major decline of -18.1%, closing at $126.01. Moreover, trading volume in this decline was exceptionally high at 443% of normal. Relative to the market the stock has been strong over the last nine months but has declined -21.0% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Chart Industries has a good Power Rating of 83 and a very high Appreciation Score of 87, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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