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Tellurian Inc. (AMEX: TELL): A Good Investment At Current Prices?

Tellurian Inc. (AMEX:TELL)’s traded shares stood at 12.98 million during the last session, with the company’s beta value hitting 2.30. At the close of trading, the stock’s price was $1.11, to imply a decrease of -4.31% or -$0.05 in intraday trading. The TELL share’s 52-week high remains $6.53, putting it -488.29% down since that peak but still an impressive -3.6% since price per share fell to its 52-week low of $1.15. The company has a valuation of $655.99M, with an average of 10.61 million shares in intraday trading volume over the past 10 days and average of 12.12 million shares over the past 3 months.

Analysts have given a consensus recommendation of a Hold for Tellurian Inc. (TELL), translating to a mean rating of 2.90. Of 7 analyst(s) looking at the stock, 1 analyst(s) give TELL a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 3 recommend it as a Buy. 1 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.02.

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Tellurian Inc. (AMEX:TELL) trade information

After registering a -4.31% downside in the last session, Tellurian Inc. (TELL) has traded red over the past five days. The stock hit a weekly high of 1.4300 this Wednesday, 03/15/23, dropping -4.31% in its intraday price action. The 5-day price performance for the stock is -20.14%, and -37.99% over 30 days. With these gigs, the year-to-date price performance is -33.93%. Short interest in Tellurian Inc. (AMEX:TELL) saw shorts transact 87.28 million shares and set a 6.31 days time to cover.

Tellurian Inc. (TELL) estimates and forecasts

Looking at statistics comparing Tellurian Inc. share performance against respective industry, we note that the company has underperformed competitors. Tellurian Inc. (TELL) shares are -72.46% down over the last 6 months, with its year-to-date growth rate lower than industry average at -100.00% against -18.00%. Revenue is forecast to grow 122.20% this quarter before jumping 78.60% for the next one. The rating firms project that company’s revenue will grow 428.80% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is $97.47 million. Meanwhile, for the quarter ending Mar 2023, a total of 3 analyst(s) estimate revenue growth to $131.04 million.Earnings reports from the last fiscal year show that sales brought in $21.58 million and $146.94 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 351.70% before dropping -10.80% in the following quarter.

TELL Dividends

Tellurian Inc. has its next earnings report out between May 02 and May 08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Tellurian Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Tellurian Inc. (AMEX:TELL)’s Major holders

Tellurian Inc. insiders hold 13.56% of total outstanding shares, with institutional holders owning 40.87% of the shares at 47.27% float percentage. In total, 40.87% institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Sep 29, 2022, the company held over 38.74 million shares (or 9.00% of shares), all amounting to roughly $92.59 million.

The next major institution holding the largest number of shares is Blackrock Inc. with 32.77 million shares, or about 7.61% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $78.32 million.

We also have SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Tellurian Inc. (TELL) shares. Going by data provided on Dec 30, 2022, SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF holds roughly 35.58 million shares. This is just over 8.26% of the total shares, with a market valuation of $59.77 million. Data from the same date shows that the other fund manager holds a little less at 15.33 million, or 3.56% of the shares, all valued at about 36.63 million.

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