The Price Target For Cheniere Energy Inc. (LNG)?


Cheniere Energy Inc. (AMEX:LNG) finished Wednesday with a subtraction of -$2.56 to close at $165.49, a downside of -1.52 percent. An average of 3,431,680 shares of common stock have been traded in the last five days. There was a fall of -$8.68 in the past week, and it reached a new high 39 times over the past 12 months. The last 20 days have seen an average of 3,205,390 shares traded, while the 50-day average volume stands at 2,601,404.

LNG stock has increased by 0.15% in the last month. The company shares reached their 1-month lowest point of $153.69 on 09/07/22. With the stock rallying to its 52-week high on 09/14/22, shares of the company touched a low of $85.61 and a high of $178.62 in 52 weeks. It has reached a new high 33 times so far this year and achieved 63.17% or $64.07 in price. In spite of this, the price is down -7.35% from the 52-week high.

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Insider Transactions

30 days have passed since Cheniere Energy Inc. (LNG) last reported insider trading activity. Stephenson Aaron D., who is SVP, Operations, most recently acquired $3,000 shares at $168.21 per share on Aug 23. In this transaction, the insider spent $504,630. Director, BOTTA G ANDREA, disposed of 9,200 shares at a price of $167.05 on Aug 18. The insider now owns more than $1,536,860 worth of shares. Prior to that, Director SHEAR NEAL A went on to Sale 10,318 shares at $140.16 each on Mar 31. An amount of $1,446,177 was transacted.

Valuation Metrics

Cheniere Energy Inc. (LNG) stock’s beta is 1.11. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.68, and the price-to-cash flow ratio at 9.35.

Financial Health

The quick ratio of Cheniere Energy Inc. for the three months ended June 29 was 0.70, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $640.0 million compared to revenue of $15.86 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Cheniere Energy Inc.’s return on assets was -6.30%.

Earnings Surprise

For the three-month period that ended June 29, Cheniere Energy Inc. had $26.05 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $741.0 million in the quarter, while revenues were grew 144.4%. The analyst consensus anticipated Cheniere Energy Inc.’s latest quarter earnings to come in at $3.17 per share, but it turned out to be $2.9, a -8.50% surprise. For the quarter, EBITDA amounted to $1.77 billion. Shareholders own equity worth $249.78 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Cheniere Energy Inc. (LNG) price momentum. RSI 9-day as of the close on 21 September was 51.47%, suggesting the stock is Neutral, with historical volatility in this time frame at 36.06%.

As of today, LNG’s price is $168.28 -4.98% or -$8.68 from its 5-day moving average. LNG is currently trading -3.23% lower than its 20-day SMA and +17.01% higher than its 100-day SMA. However, the stock’s current price level is +33.15% above the SMA50 and +59.88% above the SMA200.

The stochastic %K and %D were 54.78% and 58.15%, respectively, and the average true range (ATR) was 6.35. With the 14-day stochastic at 47.33% and the average true range at 6.08, the RSI (14) stands at 54.45%. The stock has reached 0.32 on the 9-day MACD Oscillator while the 14-day reading was at 3.36.

Analyst Ratings

Mizuho launched coverage on Cheniere Energy Inc. (AMEX: LNG) in its analyst report released on November 18, 2021. The firm assigned the stock a Buy rating. The consensus rating for Cheniere Energy Inc. (LNG) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LNG, while 0 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 17 others rate it as a “buy”.


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