Tellurian Inc. (AMEX:TELL) saw an upside of 3.15% to close Monday at $1.31 after adding $0.04 on the day. The 5-day average trading volume is 7,233,760 shares of the company’s common stock. It has gained $1.3700 in the past week and touched a new high 1 time within the past 5 days. An average of 7,851,280 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 9,352,334.
TELL’s 1-month performance is -16.03% or -$0.2500 on its low of $1.2150 reached on 08/17/23. The company’s shares have touched a 52-week low of $0.94 and high of $4.89, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, TELL has lost -22.02% or -$0.3700 and has reached a new high 7 times. However, the current price is down -73.21% from the 52-week high price.
Insider Transactions
TELL stock investors last saw insider trading activity on Jun 30.SOUKI CHARIF (Executive Chairman) most recently sold 195,220 shares at $1.21 per share on Apr 05. This transaction cost the insider $236,216. Executive Chairman, SOUKI CHARIF, sold 187,257 shares at a price of $1.26 on Apr 04. Then, on Apr 03, Executive Chairman SOUKI CHARIF sold 630,405 shares at a price of $1.25 per share. This transaction amounted to $788,006.
Valuation Metrics
TELL stock has a beta of 2.33. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.89 while the price-to-book (PB) in the most recent quarter is 1.18.
Tellurian Inc.’s quick ratio for the period ended June 29 was 1.00, with the current ratio over the same period at 1.00. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.84, while the total debt to equity was 0.84. In terms of profitability, the gross margin trailing 12 months is 75.00%. The trailing 12-month EBITDA margin is 6.94% while for the period ending June 29, Tellurian Inc.’s operating margin was -28.50%. The firm’s gross profit as reported stood at $260.26 million against revenue of $391.93 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 99.93% to -$59.62 million, while revenue of -$27.49 million was 53.89% off the previous quarter. Analysts expected TELL to announce -$0.06 per share in earnings in its latest quarter, but it posted -$0.11, representing a -83.30% surprise. EBITDA for the quarter stood at more than -$30.98 million. TELL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 660.88 million, with total debt at $522.47 million. Shareholders hold equity totaling $581.82 million.
Let’s look briefly at Tellurian Inc. (TELL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 33.34% to suggest the stock is trending Neutral, with historical volatility in this time period at 42.81%.
The stock’s 5-day moving average is $1.2900, reflecting a -5.07% or -$0.0700 change from its current price. TELL is currently trading -19.14% above its 20-day SMA, +11.97% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +2.34% and SMA200 by-52.19%.
Stochastic %K and %D was 14.19% and 12.93% and the average true range (ATR) pointed at 0.0931. The RSI (14) points at 38.77%, while the 14-day stochastic is at 18.81% with the period’s ATR at 0.0977. The stock’s 9-day MACD Oscillator is pointing at -0.0822 and -0.1690 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Tellurian Inc. (AMEX: TELL), BofA Securities downgraded it to an Underperform rating. They previously had a Buy rating on the stock. Analysts offering their rating for TELL stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate TELL as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.
What is TELL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $0.90 and a high of $5.00, with their median price target at $2.50. Looking at these predictions, the average price target given by analysts is for Tellurian Inc. (TELL) stock is $2.58.
