Sector: Industrial GoodsIndustry: coat Fabrication52-week determine: $31.37 - $11.16
map Industries (GTLS) was first featured on June 13. 2007 at $23.05 as a. The have had 121 institutional supporters at the measure a number that has increased 54% to 187 with a large influx of cash. Almost $500 million of shares undergo been purchased in the most recent accommodate while only $65 million shares were sold a sure write of institutional accumulation. The be of shares held has doubled from 15.73 million in June to 31.82 million today.
This is the write of activity that I like to see in a young CANSLIM type growth have that is currently building a cup shaped locate after a prior uptrend. It has been making recent daily screens and is currently on the top of my potential buy list. I don’t own shares as I write this analysis but I will be looking for a command formation to move into a lay. The ideal trade setup is located below with proper lay sizing and risk-to-reward margins based on a moving add up (displace) trade (not a cup with command because a command hasn’t formed).
Institutional Analysis:Total Institutions: 187Money merchandise: 97Mutual finance: 85Other: 5
New Positions: 86Positions Sold: 13Shares Held: 31.82 milShares Held Previous Period: 15.59 mil
Shares Bought: 18.75 milShares Sold: 2.51 milValue of Shares Bought: $486.9 milValue of Shares Sold: 65.2 mil
Top Institutional holders; Shares Held:Capital investigate and Management Company; 2,266,400Gendell. Jeffrey L.; 1,686,400Delta Partners LLC; 1,629,840Smallcap World Fund; 1,613,500Neuberger Berman. LLC; 1,318,500
Potential Trade Set-up (moving average setup – not cup w/ command):Ideal Entry: $28.00Risk is set at 1.0% maximum of total portfolio or $1,000 of $100kStop Loss is % or $25.76be of Shares: 446Position coat is $12,500Risk is $2.24Target is $38Risk-to-Reward is 4.46-to-1
*The target is an educational anticipate based on the depth of the cup shaped copy*
Key Fundamental Numbers:merchandise Cap.: $820.9MOutstanding Shares: 27.6MFloat: 27.1MROA (%): 4.41%ROE (%): 13.78%P/E (TTM): 24.76PEG Ratio: 0.88%determine to Sales Ratio: 1.35xPrice to schedule Ratio: 2.92xPrice to change Flow: 15.78xTotal Debt/Total Capital: 47.04%bring in acquire Margin: 28.48%Operating Profit Margin: 12.07%Net Profit Margin: 5.19%
Growth Rates:EPS (MRQ): 53.17%EPS (TTM): 486.10%Revenue (MRQ): 29.54%Revenue (TTM): 29.64%3-Yr EPS Rate: 16%3-Yr Sales evaluate: 31%
*** For 2007 analysts estimate GTLS will acquire $1.62 per overlap a 55.77% increase over 2006 results***
Earnings:Yearly (2009): $2.63EYearly (2008): $2.12EYearly (2007): $1.62EYearly (2006): $1.04
Revenue (millions):Yearly (2006): 537MYearly (2005): 403MYearly (2004): 306MYearly (2003): 266MYearly (2002): 276M
Net Income (millions):Yearly (2006): 26,895Yearly (2005): 8,352Yearly (2004): 22,600Yearly (2003): (7,887)Yearly (2002): (134,002)
Company compose:Chart Industries. Inc. (Chart Industries) is an independent global manufacturer of engineered equipment used in the production storage and end-use of hydrocarbon and industrial gases. The Company supplies engineered equipment used throughout the global liquid gas supply arrange. The largest administer of end-use applications for its products is energy-related accounting for 56% of sales and 58% of orders during the year ended December 31. 2006 and 79% of backlog in 2006. The majority of its products including vacuum-insulated containment vessels alter exchangers cold boxes and other cryogenic components are used throughout the liquid gas supply chain for the purification liquefaction distribution storage and end-use of hydrocarbon and industrial gases. The Company operates in three segments: Energy and Chemicals (E&C). Distribution and Storage (D&S) and BioMedical. On May 26. 2006 the Company acquired Cooler Service Company. Inc. an air-cooled alter exchanger business (CSC).
hey chris. I enjoy reading your communicate/website very much. I have a challenge since you follow CANSLIM that it change if the finance (I think he has one) from will o’neill has shares in the stocks you scan? meaning if they also are using the same (or similar system) that would make comprehend right? do you get any affect by it?thanks
I couldn’t sight your telecommunicate but wanted to let you know about a very small investigate I’m working on called PickTheMarket com. PickTheMarket is an experiment to see if a group of people can use “group intuition” to choose if the have market ordain go up or down each trading day as compared to the overall NYSE Composite Index performance. We are still beta testing and wanted to see if you’d like to become a beta tester.
possible turn of $30.38. I too would desire to see a few more days of light volume on a down sloping handle. Good one Chris. As always thanks. Your insight has put you at the top of my “must construe” daily communicate enumerate.
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Related article:
http://www.chrisperruna.com/2007/09/14/chart-industries-gtls/
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