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GTLS - Chart Industries: When Analysts Decide Management Is Right
July, 16 2024 06:55 PM
Chart Industries Inc.
2024-07-16 18:55:08 ET
Summary Chart Industries made an acquisition, causing the stock to plummet. The market placed little value on the long lead times that led to a very visible earnings forecast. Clearly, the market never expected management to execute as planned despite a long history of successful acquisitions. The market still struggles to believe management's guidance for adjusted earnings to more than double from the previous year. This stock is likely on its way to returning to a historical valuation of a price-earnings ratio in the 30s. For further details see:
Chart Industries: When Analysts Decide Management Is Right
Stock Information
Company Name:
Chart Industries Inc.
Stock Symbol:
GTLS
Market:
NASDAQ
Website:
chartindustries.com
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