News headlines about Chart Industries (NASDAQ:GTLS) have been trending somewhat positive recently, according to AlphaOne Sentiment. AlphaOne, a service of Accern, scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chart Industries earned a news sentiment score of 0.05 on AlphaOne’s scale. AlphaOne also gave headlines about the industrial products company an impact score of 86 out of 100, indicating that recent news coverage is very likely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have impacted AlphaOne’s rankings:
Chart Industries (NASDAQ:GTLS) traded up 2.22% during trading on Friday, hitting $35.45. The stock had a trading volume of 109,706 shares. The firm has a 50 day moving average of $34.63 and a 200-day moving average of $35.64. Chart Industries has a 12 month low of $21.80 and a 12 month high of $40.87. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 36.62 and a beta of 1.62.
Chart Industries (NASDAQ:GTLS) last issued its quarterly earnings data on Thursday, April 27th. The industrial products company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by $0.01. The firm earned $204.10 million during the quarter, compared to analyst estimates of $198.57 million. Chart Industries had a positive return on equity of 6.10% and a negative net margin of 21.93%. The company’s revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.08) EPS. Equities analysts predict that Chart Industries will post $0.76 earnings per share for the current year.
Several analysts have commented on GTLS shares. Zacks Investment Research upgraded Chart Industries from a “hold” rating to a “strong-buy” rating and set a $45.00 target price on the stock in a research note on Thursday, January 26th. Lake Street Capital upgraded Chart Industries from a “hold” rating to a “buy” rating and increased their target price for the company from $32.00 to $44.00 in a research note on Friday, February 24th. Finally, TheStreet upgraded Chart Industries from a “d+” rating to a “c” rating in a research note on Friday, February 24th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $38.67.
About Chart Industries
Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.