At the time of writing, Cheniere Energy Inc [LNG] stock is trading at $188.77, up 0.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LNG shares have gain 2.83% over the last week, with a monthly amount glided 0.18%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On June 17, 2024, TD Cowen reiterated its Buy rating and revised its price target to $185 on the stock. Redburn Atlantic started tracking the stock assigning a Neutral rating and suggested a price target of $162 on April 16, 2024. TD Cowen reiterated its recommendation of a Outperform and reduced its price target to $178 on February 27, 2024. In a note dated September 06, 2023, CapitalOne initiated an Overweight rating and provided a target price of $200 on this stock.
For the past year, the stock price of Cheniere Energy Inc fluctuated between $152.31 and $193.16. Currently, Wall Street analysts expect the stock to reach $177.62 within the next 12 months. Cheniere Energy Inc [NYSE: LNG] shares were valued at $188.77 at the most recent close of the market. An investor can expect a potential drop of -5.91% based on the average LNG price forecast.
Analyzing the LNG fundamentals
According to Cheniere Energy Inc [NYSE:LNG], the company’s sales were 15.99B for trailing twelve months, which represents an -8.43% plunge. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.77 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.21.
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 186.32 points at the first support level, and at 183.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 190.34, and for the 2nd resistance point, it is at 191.90.
Ratios To Look Out For
It is important to note that Cheniere Energy Inc [NYSE:LNG] has a current ratio of 1.07. As well, the Quick Ratio is 0.98, while the Cash Ratio is 0.74. Considering the valuation of this stock, the price to sales ratio is 2.59, the price to book ratio is 8.34 and price to earnings (TTM) ratio is 12.04.
