Chart Industries
GTLS

$161.27

1.07%

Market Cap: 6.9B

About: Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas (LNG) 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

Consumer Discretionary Fabricated Plate Work (Boiler Shops)

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 10 analysts

0

News positive %

of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

26% more repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 137

21% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 57

19% more capital invested

Capital invested by funds: $6.74B [Q4 2023] → $8.02B (+$1.28B) [Q1 2024]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 8 (+1) [Q1 2024]

3% more funds holding

Funds holding: 425 [Q4 2023] → 437 (+12) [Q1 2024]

3% more call options, than puts

Call options by funds: $92.1M | Put options by funds: $89.7M

0.39% less ownership

Funds ownership: 115.6% [Q4 2023] → 115.21% (-0.39%) [Q1 2024]

See Fund Rankings

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$151

6%

downside

Avg. target

$188

17%

upside

High target

$265

64%

upside

10 analyst ratings

5 positive

50%

5 neutral

50%

0 negative

0%

B of A Securities Chase Mulvehill	15%upside $185	Buy Maintained	15 Jul 2024
Goldman Sachs Ati Modak	4%upside $168	Neutral Maintained	28 May 2024
Barclays David Anderson	20%upside $193	Equal-Weight Reinstated	8 May 2024
Stifel Benjamin Nolan	36%upside $220	Buy Maintained	6 May 2024
TD Cowen Marc Bianchi	64%upside $265	Buy Maintained	6 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about GTLS published over the past 30 days

Zacks Investment Research

Chart Industries (GTLS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Chart Industries (GTLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Chart Industries (GTLS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Chart Industries' IPSMR® Process Technology Delivers First LNG at New Fortress Energy's Fast LNG Project

ATLANTA, July 22, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, announces that its Integrated Pre-Cooled Single Mixed Refrigerant (“IPSMR®”) process technology delivered First LNG at New Fortress Energy Inc.'s (NASDAQ: NFE) (“NFE”) initial Fast LNG (“FLNG”) asset located offshore Altamira, Mexico. With this significant milestone, FLNG establishes itself as the fastest large-scale LNG project ever developed.

Chart Industries' IPSMR® Process Technology Delivers First LNG at New Fortress Energy's Fast LNG Project

Chart Industries: When Analysts Decide Management Is Right

Chart Industries made an acquisition, causing the stock to plummet. The market placed little value on the long lead times that led to a very visible earnings forecast. Clearly, the market never expected management to execute as planned despite a long history of successful acquisitions.

Chart Industries: When Analysts Decide Management Is Right

Chart Industries Named Winner of Frost & Sullivan Institute's Enlightened Growth Leadership Best Practices Awards

ATLANTA, July 11, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, has been named a winner of the 2024 Enlightened Growth Leadership Best Practices Awards. This prestigious accolade honors companies that have successfully integrated sustainable practices into their business models, leading the way in both innovation and social responsibility. This year's winners have shown outstanding leadership in sustainability, from minimizing carbon footprints and championing renewable energy to advancing health care and ensuring responsible resource use. Their efforts reflect a deep commitment to creating a sustainable and equitable world.

Chart Industries Named Winner of Frost & Sullivan Institute's Enlightened Growth Leadership Best Practices Awards

Zacks Investment Research

GTLS or CR: Which Is the Better Value Stock Right Now?

Investors looking for stocks in the Manufacturing - General Industrial sector might want to consider either Chart Industries (GTLS) or Crane (CR). But which of these two stocks offers value investors a better bang for their buck right now?

GTLS or CR: Which Is the Better Value Stock Right Now?

Chart Industries to Announce Second Quarter 2024 Results on August 2

ATLANTA, July 05, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, has scheduled a conference call for Friday, August 2, 2024 at 8:30 a.m. ET to discuss its second quarter 2024 financial results. Chart plans to issue its second quarter 2024 earnings release prior to market open on August 2nd.

Chart Industries to Announce Second Quarter 2024 Results on August 2

Zacks Investment Research

Chart Industries' (GTLS) IPSMR Technology Selected by Argent

Chart Industries' (GTLS) IPSMR process technology, which offers superior efficiency and performance, is selected by Argent's Louisiana-based 20 MTPA LNG facility.

Chart Industries' (GTLS) IPSMR Technology Selected by Argent

Argent LNG Selects Chart Industries' IPSMR® Process Technology

ATLANTA, June 26, 2024 (GLOBE NEWSWIRE) -- Argent LNG, a leader in innovative energy solutions, announced its strategic decision to select Chart Industries' (NYSE: GTLS ) mid-scale modular liquefaction solution for its upcoming 20 MTPA LNG facility in Port Fourchon, Louisiana (USA). This move represents a significant departure from conventional large-scale LNG facilities, challenging the industry's traditional operational paradigm.

Argent LNG Selects Chart Industries' IPSMR® Process Technology

Chart Industries: Closing The Gap

The market doubts the future growth potential of Chart Industries, Inc. and worries about the debt load. Chart Industries management expects to save $14 million in interest, leading to potential annual savings of $.30 per share before taxes. Market estimates for earnings trail management guidance.

Chart Industries: Closing The Gap

Chart Industries Announces Favorable Repricing of Term Loan Facility

ATLANTA, June 13, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, has successfully syndicated the repricing of its $1,631 million senior secured term loan facility (the “Term Loan”), which matures on March 17, 2030. Following the completion of the repricing, all outstanding amounts under the Term Loan will bear interest at a rate per annum equal to SOFR with a 0.50% floor plus a margin equal to 2.50%. The repricing represents a reduction of 0.75% per annum compared to the SOFR margin applicable prior to the repricing as well as the removal of the 0.10% credit spread adjustment. This is anticipated to result in cost savings of approximately $14 million in annual interest expense on the Term Loan.

Chart Industries Announces Favorable Repricing of Term Loan Facility

See News Rankings