Chart Industries: Strong Performance and Promising Outlook Justify Buy Rating Amid Resilience to Macroeconomic Challenges

TD Cowen analyst Marc Bianchi has maintained their bullish stance on GTLS stock, giving a Buy rating yesterday.

Marc Bianchi has given his Buy rating due to a combination of factors including Chart Industries’ strong performance and promising outlook. The company’s recent earnings were in line with expectations, alleviating fears of a potential miss, and its order book is robust, with management anticipating year-over-year growth in the second quarter. Despite macroeconomic uncertainties and tariff concerns, Chart Industries has demonstrated resilience, with minimal disruption to demand or margins.
The company’s diverse order growth in sectors such as nuclear, space exploration, and marine, along with a significant opportunity in LNG-related awards, further supports the positive outlook. Additionally, while tariffs present a cost headwind, the impact is relatively small compared to revenue projections, and Chart Industries is confident in passing any increased costs onto customers. These factors, combined with consistent cash flow performance, contribute to the attractive valuation and credibility that underpin Bianchi’s Buy rating.

In another report released yesterday, Stifel Nicolaus also reiterated a Buy rating on the stock with a $214.00 price target.

Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GTLS in relation to earlier this year.