The stock of Tellurian Inc. (AMEX:TELL) decreased by -$0.02 on Monday to finish at $1.15, down -1.71 percent. The last five days have seen an average of 8,255,800 shares of common stock traded. 7 times new highs were reached in the current year, with a fall of -$0.5300. The average number of shares traded over the last 20 days was 8,006,295, while the average volume over the last 50 days totaled 9,176,276.
TELL stock dropped -29.45% since last month. On 08/25/23, the company’s shares reached a one-month low of $1.0800. The stock touched a high of $4.66 on 01/13/23, after rallying from a low of $0.94 in 52 weeks. The price of TELL stock has declined by -31.55% or -$0.5300 this year, reaching a new high 7 times. Still, the stock price is down -75.30% from the 52-week high.
Insider Transactions
TELL stock investors should be aware that Tellurian Inc. (TELL) stock had its last reported insider trading activity 60 days ago on Jun 30. On Jun 30, Director GROSS JONATHAN S acquired 100,000 shares at $1.38 each. This transaction resulted in the insider spending $138,000. On Apr 05, SOUKI CHARIF sold 195,220 shares at a price of US$1.21. After the transaction, the insider now owns 1,659,639 shares. Executive Chairman SOUKI CHARIF had earlier sold 187,257 shares on Apr 04 for $1.26 a share. The transaction was completed for $235,944.
Valuation Metrics
Beta for the stock is 2.35. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.37, the price-to-book (PB) ratio of 1.04.
Financial Health
For the three months ended June 29, Tellurian Inc.’s quick ratio was 1.00, while its current ratio was 1.00, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.84, and the total debt to equity ratio is 0.84. As far as profitability goes, gross margin for the trailing twelve months is 75.00% percent. Tellurian Inc.’s EBITDA margin for the year ended June 29 was 6.94%, whereas its operating margin stood at -28.50% for the same period. Based on annual data, it had gross profit of $260.26 million and revenue of $391.93 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TELL’s return on assets (ROA) during the last 12 months has been -5.20%. There was a -1.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -11.00%.
Earnings Surprise
According to Tellurian Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $31.99 million, while revenues fell by -91.78% to $50.94 million. It was predicted that Tellurian Inc.’s quarterly earnings would be -$0.11, but it ended up being -$0.06, beating the consensus by -83.30%. EBITDA was -$30.98 million for the quarter. At the end of Tellurian Inc.’s most recent quarter ended June 29, its liabilities totaled 660.88 million, while its total debt was $522.47 million. Equity owned by shareholders amounts to $581.82 million.
Technical Picture
Here’s a quick look at Tellurian Inc.’s (TELL) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 30.30%, suggesting the stock is Neutral, with a 63.02% historical volatility rate.
The stochastic %K and %D were 10.29% and 11.04% respectively, while the average true range (ATR) was 0.0947. Based on the 14-day stochastic reading of 12.70%, the RSI (14) reading is 34.25%. On the 9-day MACD Oscillator, the stock is at -0.0744, and the 14-day reading is at -0.1536.
Analyst Ratings
Tellurian Inc. (AMEX: TELL) was downgraded by BofA Securities to a an Underperform rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Tellurian Inc. (TELL) an Overweight rating. TELL is a stock that is recommended for selling by 1 brokerage firm, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.
What is TELL’s price target for the next 12 months?
The current consensus forecast for the stock is between $0.90 and $5.00, with a median target price of $2.50. In analyzing these forecasts, the average price target given by analysts for Tellurian Inc. (TELL) is $2.58.
