Chart Industries Inc (GTLS) Stock Forecast & Predictions

Chart Industries Inc GTLS: $147.33

3055 Torrington Dr, Ball Ground, Georgia, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.chartindustries.com/

  • Market Cap$4.93B
  • Change (52 Weeks)387.59%
  • Low (52 Weeks)$28.11
  • Chart Industries Inc (GTLS) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Chart Industries Inc (GTLS) stock price is $147.33 and the 52 weeks low is $28.11, which means the Chart Industries Inc stock price is up 387.59% in the last 12 months.

    Chart Industries Inc (GTLS) Stock Price has been Trending Strongly with an ADX reading of 41.65 as per the Weekly Chart.

    A Upward trend indicates that Chart Industries Inc (GTLS) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that GTLS Stock price might rise further, 31.25% indicating that GTLS Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall GTLS stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Chart Industries Inc (GTLS) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Chart Industries Inc (GTLS) is based on 23 Institutional Analyst Ratings where 60.87% are on Strong Buy, 26.09% on Moderate Buy, 8.70% remains on Hold, 0.00% are on Moderate Sell and 4.35% are on Strong Sell.

    Out of 23 Institutional Analysts, majority recommended GTLS stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Chart Industries Inc.

    Chart Industries Inc (GTLS) Stock Price Prediction By Analysts


    HighLowAverage
    $199.50$44.44$162.29
    $162.2910.16% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for GTLS set by the institutional analysts is $162.29 where High Estimate is $199.50, Median $173.4 and Low $44.44.

    The average price target for GTLS by Institutional Analysts is $162.29, which is 10.16% Upside from the current price. So according to the Institutional Analysts, GTLS Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Chart Industries Inc (GTLS) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with GTLS stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about GTLS and holding their positions hoping for a further rise in the stock price and more profit.

    Chart Industries Inc (GTLS) Stock Forecast Based on News Sentiment


    Bullish
    Based on 10 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about GTLS, it shows that Chart Industries Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that GTLS stock price may surge in the next few weeks.

    Chart Industries Inc (GTLS) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyOverweightMaintained
    Northland Capital MarketsOutperformMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightInitiated
    Piper SandlerOverweightInitiated
    Raymond JamesOutperformMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    Cowen & Co.OutperformInitiated
    Credit SuisseOutperformMaintained
    Raymond JamesOutperformMaintained
    B of A SecuritiesBuyInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    StifelBuyMaintained
    Morgan StanleyOverweightMaintained
    Evercore ISI GroupOutperformUpgraded
    StifelBuyMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Credit SuisseOutperformMaintained
    Craig-HallumBuyMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    BTIGBuyInitiated
    StifelBuyInitiated
    CitiBuyInitiated
    Morgan StanleyOverweightMaintained
    JP MorganNeutralInitiated
    Raymond JamesOutperformUpgraded
    Credit SuisseOutperformInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightInitiated
    Gabelli & Co.HoldDowngraded
    Evercore ISI GroupOutperformUpgraded
    Seaport GlobalBuyUpgraded
    Raymond JamesMarket PerformDowngraded
    Evercore ISI GroupHoldDowngraded
    Lake StreetHoldDowngraded
    Gabelli & Co.BuyInitiated
    Evercore ISI GroupHoldDowngraded
    Lake StreetBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    PiperJaffrayNeutralDowngraded
    Morgan StanleyEqual-WeightDowngraded
    Lake StreetHoldDowngraded
    Northcoast ResearchBuyUpgraded
    PiperJaffrayOverweightUpgraded
    Northland SecuritiesMarket PerformDowngraded
    ISI GroupBuyInitiated
    DA DavidsonNeutralMaintained
    Johnson RiceEqual-WeightDowngraded
    DA DavidsonNeutralMaintained
    BarclaysOverweightMaintained
    Morgan StanleyOverweightUpgraded
    PiperJaffrayNeutralDowngraded
    Clarksons PlatouOutperformInitiated
    Morgan StanleyEqual-WeightDowngraded
    Global Hunter SecuritiesNeutralDowngraded
    Raymond JamesOutperformInitiated
    BB&T CapitalDowngraded
    Morgan StanleyOverweightUpgraded
    Johnson RiceEqual-WeightDowngraded
    Lake StreetBuyInitiated
    BB&T CapitalBuyInitiated
    Stifel NicolausHoldInitiated
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Global Hunter SecuritiesAccumulateMaintained
    DoughertyBuyMaintained

    Chart Industries Inc (GTLS) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.844
    The average consensus EPS for GTLS is $0.844 with a high estimate of $1.001 and Low of $0.647 for the period 2021-06-30 and based on 20 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.63$0.62545380000000012020-09-30


    The latest average Earning Per Share Estimate for Chart Industries Inc is $0.84, which is higher than GTLS's last EPS, $0.63. This means that Analysts are expecting Chart Industries Inc to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Chart Industries Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.63$0.62545380000000012020-09-30
    $0.63$0.401882020-06-30
    $0.57$0.51981242020-03-31
    $0.72$0.92074382019-12-31
    $0.77$0.78308462019-09-30
    $0.68$0.6122019-06-30
    $0.39$0.45025862019-03-31
    $0.61$0.52165860000000012018-12-31
    $0.74$0.50854142018-09-30
    $0.55$0.45050342018-06-30
    $0.23$0.19234142018-03-31
    $0.46$0.3200252017-12-31
    $0.3$0.23022422017-09-30
    $0.21$0.197882017-06-30
    $0.01$0.01359662017-03-31
    $0$0.096328799999999992016-12-31
    $0.53$0.118320000000000012016-09-30
    $0.72$0.12069662016-06-30
    $-0.08$0.0170034000000000022016-03-31
    $0.19$0.02001242015-12-31
    $0.26$0.324360000000000042015-09-30
    $0.6$0.44561762015-06-30
    $0.19$0.295167600000000032015-03-31
    $0.88$0.59734262014-12-31
    $0.77$0.87183482014-09-30
    $0.7$0.75188280000000012014-06-30
    $0.41$0.67084382014-03-31
    $0.82$0.844562013-12-31
    $0.82$0.901682013-09-30
    $0.77$0.76976342013-06-30
    $0.54$0.67659662013-03-31
    $0.8$0.774182012-12-31
    $0.66$0.76160339999999992012-09-30
    $0.57$0.64631282012-06-30
    $0.48$0.50907182012-03-31
    $0.51$0.63242011-12-31
    $0.62$0.583952011-09-30
    $0.41$0.4592011-06-30
    $0.3$0.3047252011-03-31
    $0.36$0.321300000000000032010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).