Chart Industries, Inc. (NASDAQ:GTLS) COO John Champion Vii Bishop acquired 10,000 shares of the stock in a transaction dated Wednesday, March 18th. The stock was acquired at an average price of $18.18 per share, for a total transaction of $181,800.00. Following the completion of the transaction, the chief operating officer now directly owns 24,454 shares of the company’s stock, valued at $444,573.72. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ GTLS traded up $2.72 during trading hours on Thursday, hitting $27.73. 22,867 shares of the company were exchanged, compared to its average volume of 1,048,925. The stock has a 50-day moving average price of $49.48 and a 200 day moving average price of $58.80. The company has a quick ratio of 1.20, a current ratio of 1.78 and a debt-to-equity ratio of 0.64. Chart Industries, Inc. has a 52 week low of $15.00 and a 52 week high of $93.75. The stock has a market cap of $934.48 million, a PE ratio of 20.85 and a beta of 1.11.
Chart Industries (NASDAQ:GTLS) last issued its quarterly earnings data on Thursday, February 13th. The industrial products company reported $0.72 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.18). Chart Industries had a return on equity of 8.06% and a net margin of 3.57%. The company had revenue of $342.40 million for the quarter, compared to the consensus estimate of $379.58 million. During the same period in the previous year, the firm earned $0.59 earnings per share. The company’s revenue was up 18.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Chart Industries, Inc. will post 4.62 earnings per share for the current year.
GTLS has been the topic of several research reports. Stifel Nicolaus initiated coverage on Chart Industries in a report on Friday, December 6th. They issued a “buy” rating and a $83.00 target price on the stock. Zacks Investment Research cut Chart Industries from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Evercore ISI cut Chart Industries to a “hold” rating in a report on Tuesday, March 17th. BidaskClub raised Chart Industries from a “strong sell” rating to a “sell” rating in a report on Wednesday. Finally, Citigroup lifted their target price on Chart Industries from $80.00 to $86.00 and gave the stock a “buy” rating in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. Chart Industries presently has an average rating of “Buy” and a consensus target price of $84.10.
About Chart Industries
Chart Industries, Inc manufactures and sells engineered equipment and packaged solutions; and provides value-add services for the energy and industrial gas industries worldwide. It operates through three segments: Energy & Chemicals, Distribution & Storage Western Hemisphere, and Distribution & Storage Eastern Hemisphere segments.
Recommended Story: Most Volatile Stocks – What Investors Need to Know to Maximize ROI
Receive News & Ratings for Chart Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries and related companies with MarketBeat.com's FREE daily email newsletter.