Tellurian Inc. (NASDAQ:TELL) has a beta value of 2.43 and has seen 8,105,025 shares traded in the last trading session. The company, currently valued at $907.33 Million, closed the last trade at $2.21 per share which meant it lost -$0.09 on the day or -3.7% during that session. The TELL stock price is -98.64% off its 52-week high price of $4.39 and 69.23% above the 52-week low of $0.68. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.37 Million shares traded. The 3-month trading volume is 16.14 Million shares.
The consensus among analysts is that Tellurian Inc. (TELL) is a Hold stock at the moment, with a recommendation rating of 3. 2 analysts rate the stock as a Sell, while none rate it as Overweight. 7 out of 10 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.06.
Tellurian Inc. (NASDAQ:TELL) trade information
Despite being -3.7% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the TELL stock price touched $2.41-8 or saw a rise of 8.09%. Year-to-date, Tellurian Inc. shares have moved 73.05%, while the 5-day performance has seen it change 15.97%. Over the past 30 days, the shares of Tellurian Inc. (NASDAQ:TELL) have changed -1.12%. Short interest in the company has seen 33.8 Million shares shorted with days to cover at 2.09.
Wall Street analysts have a consensus price target for the stock at $2.72, which means that the shares’ value could jump 23.08% from current levels. The projected low price target is $0.9 while the price target rests at a high of $5.25. In that case, then, we find that the current price level is +137.56% off the targeted high while a plunge would see the stock lose -59.28% from current levels.
Tellurian Inc. (TELL) estimates and forecasts
Figures show that Tellurian Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +159.64% over the past 6 months, with this year growth rate of 45.65%, compared to 31% for the industry. Other than that, the company has, however Increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 66.7% and 90.6% for the next quarter. Revenue growth from the last financial year stood is estimated to be +113.1%.
7 analysts offering their estimates for the company have set an average revenue estimate of $13.38 Million for the current quarter. 7 have an estimated revenue figure of $18.32 Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $11.17 Million and $6.33 Million respectively for this quarter and the next, and analysts expect sales will grow by 19.8% for the current quarter and 189.5% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -35.8% over the past 5 years. Earnings growth for 2021 is a modest -13.4% while over the next 5 years, the company’s earnings are expected to increase by 31.1%.
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Tellurian Inc. (NASDAQ:TELL)’s Major holders
Insiders own 34.76% of the company shares, while shares held by institutions stand at 14.15% with a share float percentage of 21.69%. Investors are also buoyed by the number of investors in a company, with Tellurian Inc. having a total of 169 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc. (The) with over 11.98 Million shares worth more than $15.33 Million. As of December 30, 2020, Vanguard Group Inc. (The) held 3.1% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 11.62 Million shares as of December 30, 2020. The firm’s total holdings are worth over $14.88 Million and represent 3.01% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF and Vanguard Total Stock Market Index Fund. As of March 30, 2021, the former fund manager holds about 5.34% shares in the company for having 20654060 shares of worth $48.33 Million while later fund manager owns 6.3 Million shares of worth $8.06 Million as of December 30, 2020, which makes it owner of about 1.63% of company’s outstanding stock.