Chart Industries (NASDAQ:GTLS) announced its earnings results on Tuesday. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.01, Stock Ratings Network.com reports. The company had revenue of $298.30 million for the quarter, compared to the consensus estimate of $296.90 million. During the same quarter in the previous year, the company posted $0.57 earnings per share. The company’s revenue for the quarter was up 24.3% on a year-over-year basis. Chart Industries updated its FY13 guidance to $3.10-3.40 EPS.
A number of analysts have recently weighed in on GTLS shares. Analysts at Johnson Rice raised their price target on shares of Chart Industries from $90.00 to $100.00 in a research note to investors on Thursday. They now have an “equal weight” rating on the stock. On the ratings front, analysts at Barclays Capital raised their price target on shares of Chart Industries from $95.00 to $127.00 in a research note to investors on Wednesday, July 31st. They now have an “overweight” rating on the stock. Finally, analysts at Craig Hallum raised their price target on shares of Chart Industries to $150.00 in a research note to investors on Wednesday, July 31st.
Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Chart Industries currently has an average rating of “Hold” and an average target price of $114.67.
Chart Industries (NASDAQ:GTLS) traded up 0.99% on Monday, hitting $115.77. Chart Industries has a 1-year low of $55.89 and a 1-year high of $117.25. The stock’s 50-day moving average is currently $99.46. The company has a market cap of $3.513 billion and a price-to-earnings ratio of 46.83.
Chart Industries, Inc (NASDAQ:GTLS) is a holding company.