A share price of Cheniere Energy Inc. [LNG] is currently trading at $156.83, up 0.27%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LNG shares have gain 2.04% over the last week, with a monthly amount drifted -1.30%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 5, March 2024, Cheniere Announces Pricing of $1.5 Billion Senior Notes due 2034. In a post published today on Yahoo Finance, Cheniere Energy, Inc. (“Cheniere”) (NYSE: LNG) today announced that it has priced its previously announced offering of Senior Notes due 2034 (the “Cheniere 2034 Notes”). The Cheniere 2034 Notes will bear interest at a rate of 5.650% per annum. The Cheniere 2034 Notes will be issued at 99.789% of par and will mature on April 15, 2034. The closing of the offering is expected to occur on March 19, 2024.
From an analyst’s perspective:
Cheniere Energy Inc. [NYSE: LNG] stock has seen the most recent analyst activity on February 27, 2024, when TD Cowen reiterated its Outperform rating and also revised its price target to $178 from $185. On September 06, 2023, CapitalOne initiated with a Overweight rating and assigned a price target of $200 on the stock. Scotiabank started tracking the stock assigning a Sector Outperform rating. Citigroup initiated its recommendation with a Buy and recommended $205 as its price target on December 09, 2022. Jefferies started tracking with a Buy rating for this stock on October 19, 2022, and assigned it a price target of $210. In a note dated November 18, 2021, Mizuho initiated an Buy rating and provided a target price of $122 on this stock.
Cheniere Energy Inc. experienced fluctuations in its stock price throughout the past year between $135.30 and $183.46. Currently, Wall Street analysts expect the stock to reach $163.33 within the next 12 months. Cheniere Energy Inc. [NYSE: LNG] shares were valued at $156.83 at the most recent close of the market. An investor can expect a potential return of 4.14% based on the average LNG price forecast.
Analyzing the LNG fundamentals
Trailing Twelve Months sales for Cheniere Energy Inc. [NYSE:LNG] were 20.24B which represents -47.77% decline. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.76%, Pretax Profit Margin comes in at 0.71%, and Net Profit Margin reading is 0.48%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 2.83 and Total Capital is 0.4. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 156.11 points at the first support level, and at 155.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 157.84, and for the 2nd resistance point, it is at 158.86.
Cheniere Energy Inc. [LNG] reported earnings per share of $5.85 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.75/share, meaning a difference of $3.1 and a surprise factor of 112.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $7.03 per share as compared to estimates of $2.53 per share, a difference of $4.5 representing a surprise of 177.90%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cheniere Energy Inc. [NYSE:LNG] is 1.63. Further, the Quick Ratio stands at 1.51, while the Cash Ratio is 1.05. Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 7.37 and price to earnings (TTM) ratio is 3.87.
