The stock of Chart Industries Inc (GTLS) has gone up by 14.10% for the week, with a 14.23% rise in the past month and a 15.80% rise in the past quarter. The volatility ratio for the week is 5.29%, and the volatility levels for the past 30 days are 3.41% for GTLS. The simple moving average for the last 20 days is 12.64% for GTLS’s stock, with a simple moving average of 2.77% for the last 200 days.
Is It Worth Investing in Chart Industries Inc (NYSE: GTLS) Right Now?
Chart Industries Inc (NYSE: GTLS) has a higher price-to-earnings ratio of 39.84x compared to its average ratio, The 36-month beta value for GTLS is at 1.73. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for GTLS is 42.56M, and currently, shorts hold a 17.42% of that float. The average trading volume for GTLS on November 05, 2024 was 784.18K shares.
GTLS) stock’s latest price update
Chart Industries Inc (NYSE: GTLS) has experienced a rise in its stock price by 8.79 compared to its previous closing price of 130.00. However, the company has seen a gain of 14.10% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-01 that 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.
Analysts’ Opinion of GTLS
Many brokerage firms have already submitted their reports for GTLS stocks, with Morgan Stanley repeating the rating for GTLS by listing it as a “Overweight.” The predicted price for GTLS in the upcoming period, according to Morgan Stanley is $175 based on the research report published on September 16, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see GTLS reach a price target of $193. The rating they have provided for GTLS stocks is “Equal Weight” according to the report published on May 08th, 2024.
TD Cowen gave a rating of “Buy” to GTLS, setting the target price at $265 in the report published on May 06th of the current year.
GTLS Trading at 15.97% from the 50-Day Moving Average
After a stumble in the market that brought GTLS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.62% of loss for the given period.
Volatility was left at 3.41%, however, over the last 30 days, the volatility rate increased by 5.29%, as shares surge +12.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.43% upper at present.
During the last 5 trading sessions, GTLS rose by +14.10%, which changed the moving average for the period of 200-days by +12.37% in comparison to the 20-day moving average, which settled at $125.56. In addition, Chart Industries Inc saw 3.74% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GTLS starting from Harty Linda S, who purchase 5,000 shares at the price of $48.05 back on Sep 16 ’24. After this action, Harty Linda S now owns 5,000 shares of Chart Industries Inc, valued at $240,230 using the latest closing price.
Hotchkiss Herbert, the VP, GC and Secretary of Chart Industries Inc, purchase 212 shares at $117.72 during a trade that took place back on Sep 16 ’24, which means that Hotchkiss Herbert is holding 212 shares at $24,957 based on the most recent closing price.
Stock Fundamentals for GTLS
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.21 for the gross margin
The net margin for Chart Industries Inc stands at 0.03. The total capital return value is set at 0.07. Equity return is now at value 6.77, with 2.05 for asset returns.
Based on Chart Industries Inc (GTLS), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 1.27. The interest coverage ratio of the stock is 1.66.
Currently, EBITDA for the company is 673.8 million with net debt to EBITDA at 6.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.59. The receivables turnover for the company is 7.58for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
In conclusion, Chart Industries Inc (GTLS) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
