Cheniere Energy Inc. (AMEX:LNG) saw an upside of 2.68% to $164.21 after adding $4.29 on Monday. The 5-day average trading volume is 1,017,665 shares of the company’s common stock. It has gained $164.93 in the past week and touched a new high 1 time within the past 5 days. An average of 1,266,026 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,280,453.
LNG’s 1-month performance is 2.01% or $2.73 on its low of $158.72 reached on 09/21/23. The company’s shares have touched a 52-week low of $135.00 and high of $182.35, with the stock’s rally to the 52-week high happening on 08/09/23. YTD, LNG has achieved 9.50% or $13.97 and has reached a new high 8 times. However, the current price is down -9.95% from the 52-week high price.
Insider Transactions
LNG stock investors last saw insider trading activity on Jan 03.BAILEY VICKY A (Director) most recently sold 2,700 shares at $141.50 per share on Jan 03. This transaction cost the insider $382,059.
Valuation Metrics
LNG stock has a beta of 1.02. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.34 while the price-to-book (PB) in the most recent quarter is 13.79, with the price to cash flow ratio at 4.32.
Cheniere Energy Inc.’s quick ratio for the period ended June 29 was 1.25, with the current ratio over the same period at 1.33. As well, the company’s long term debt to equity for the quarter ending June 29 was 8.97, while the total debt to equity was 9.82. In terms of profitability, the gross margin trailing 12 months is 40.28%. The trailing 12-month EBITDA margin is 37.99% while for the period ending June 29, Cheniere Energy Inc.’s operating margin was 38.73%. The firm’s gross profit as reported stood at $6.1 billion against revenue of $33.43 billion.
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 45.87% to $1.37 billion, while revenue of $5.43 billion was -296.93% off the previous quarter. Analysts expected LNG to announce $2.71 per share in earnings in its latest quarter, but it posted $5.61, representing a 107.00% surprise. EBITDA for the quarter stood at more than $2.62 billion. LNG stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 35.31 billion, with total debt at $28.15 billion. Shareholders hold equity totaling $240.62 million.
Let’s look briefly at Cheniere Energy Inc. (LNG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 54.76% to suggest the stock is trending Neutral, with historical volatility in this time period at 21.00%.
The stock’s 5-day moving average is $161.16, reflecting a +0.36% or $0.58 change from its current price. LNG is currently trading +1.69% above its 20-day SMA, +9.81% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +6.52% and SMA200 by+0.12%.
Stochastic %K and %D was 25.68% and 19.55% and the average true range (ATR) pointed at 3.49. The RSI (14) points at 53.10%, while the 14-day stochastic is at 62.40% with the period’s ATR at 3.50. The stock’s 9-day MACD Oscillator is pointing at -1.42 and -1.30 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Cheniere Energy Inc. (AMEX: LNG), CapitalOne launched coverage with an Overweight rating. Analysts offering their rating for LNG stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate LNG as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 17 have offered a “buy” rating.
What is LNG’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $185.00 and a high of $236.00, with their median price target at $195.00. Looking at these predictions, the average price target given by analysts is for Cheniere Energy Inc. (LNG) stock is $200.74.
