During the last session, Cheniere Energy Inc. (AMEX:LNG)’s traded shares were 0.75 million, with the beta value of the company hitting 1.63. At the end of the trading day, the stock’s price was $89.92, reflecting an intraday gain of 0.19% or $0.17. The 52-week high for the LNG share is $91.25, that puts it down -1.48 from that peak though still a striking 50.34% gain since the share price plummeted to a 52-week low of $44.65. The company’s market capitalization is $22.35B, and the average intraday trading volume over the past 10 days was 1.04 million shares, and the average trade volume was 1.13 million shares over the past three months.
Cheniere Energy Inc. (LNG) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.60. LNG has a Sell rating from 0 analyst(s) out of 23 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 3 suggest Overweight, and 20 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.94.
Cheniere Energy Inc. (AMEX:LNG) trade information
Cheniere Energy Inc. (LNG) registered a 0.19% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.19% in intraday trading to $89.92 this Friday, 09/03/21, hitting a weekly high. The stock’s 5-day price performance is 0.25%, and it has moved by 4.67% in 30 days. Based on these gigs, the overall price performance for the year is 69.63%. The short interest in Cheniere Energy Inc. (AMEX:LNG) is 4.27 million shares and it means that shorts have 3.42 day(s) to cover.
The consensus price target of analysts on Wall Street is $103.14, which implies an increase of 12.82% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $90.00 and $123.00 respectively. As a result, LNG is trading at a discount of -36.79% off the target high and -0.09% off the low.
Cheniere Energy Inc. (LNG) estimates and forecasts
Statistics show that Cheniere Energy Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Cheniere Energy Inc. (LNG) shares have gone up 22.84% during the last six months, with a year-to-date growth rate more than the industry average at 923.53% against 10.80. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 20.50% this quarter and then jump 162.50% in the quarter after that. In the rating firms’ projections, revenue will increase 37.10% compared to the previous financial year.
Revenue for the current quarter is expected to be $3.02 billion as predicted by 8 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to $3.46 billion by the end of Sep 2021.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 39.90%. While earnings are projected to return -113.40% in 2021, the next five years will return 24.02% per annum.
Cheniere Energy Inc. is due to release its next quarterly earnings between November 04 and November 08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Cheniere Energy Inc. (AMEX:LNG)’s Major holders
Cheniere Energy Inc. insiders own 1.17% of total outstanding shares while institutional holders control 95.05%, with the float percentage being 96.18%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 751 institutions own stock in it. As of Mar 30, 2021, the company held over 21.26 million shares (or 8.38% of all shares), a total value of $1.53 billion in shares.
The next largest institutional holding, with 16.99 million shares, is of Blackrock Inc.’s that is approximately 6.70% of outstanding shares. At the market price on Mar 30, 2021, these shares were valued at $1.22 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Cheniere Energy Inc. (LNG) shares are Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund. Data provided on Mar 30, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 6.43 million shares. This amounts to just over 2.54 percent of the company’s overall shares, with a $462.95 million market value. The same data shows that the other fund manager holds slightly less at 5.12 million, or about 2.02% of the stock, which is worth about $368.93 million.