A Quick Glance At Tellurian Inc (AMEX: TELL) Stock: It Is up 60.87% From Its 52-Week Low; YTD, It Is Up 21.30 Percent

During the recent session, Tellurian Inc (AMEX:TELL)’s traded shares were 10.16 million, with the beta value of the company hitting 2.58. At the last check today, the stock’s price was $0.92, reflecting an intraday loss of -1.33% or -$0.01. The 52-week high for the TELL share is $1.32, that puts it down -43.48 from that peak though still a striking 60.87% gain since the share price plummeted to a 52-week low of $0.36. The company’s market capitalization is $819.12M, and the average intraday trading volume over the past 10 days was 24.67 million shares, and the average trade volume was 47.08 million shares over the past three months.

Tellurian Inc (TELL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. TELL has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 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 -0.03.

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

Tellurian Inc (AMEX:TELL) trade information

Tellurian Inc (TELL) registered a -1.33% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.33% in intraday trading to $0.92, hitting a weekly high. The stock’s 5-day price performance is -1.45%, and it has moved by -1.98% in 30 days. Based on these gigs, the overall price performance for the year is -21.67%. The short interest in Tellurian Inc (AMEX:TELL) is 101.82 million shares and it means that shorts have 1.74 day(s) to cover.

The consensus price target of analysts on Wall Street is $4.5, which implies an increase of 79.56% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $0.25 and $8 respectively. As a result, TELL is trading at a discount of -769.57% off the target high and 72.83% off the low.

Tellurian Inc (TELL) estimates and forecasts

Statistics show that Tellurian Inc has outperformed its competitors in share price, compared to the industry in which it operates. Tellurian Inc (TELL) shares have gone up 19.45% during the last six months, with a year-to-date growth rate more than the industry average at 20.83% against -9.80. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 75.00% this quarter and then drop -50.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -73.30% compared to the previous financial year.

As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 43.25M and 39.96M respectively.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 13.14%. While earnings are projected to return 36.21% in 2024.

TELL Dividends

Tellurian Inc is due to release its next quarterly earnings on 2024-Oct-31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Tellurian Inc (AMEX:TELL)’s Major holders

Tellurian Inc insiders own 3.07% of total outstanding shares while institutional holders control 36.80%, with the float percentage being 37.97%. VANGUARD GROUP INC is the largest shareholder of the company, while 300.0 institutions own stock in it. As of 2024-06-30, the company held over 49.74 million shares (or 6.5949% of all shares), a total value of $34.45 million in shares.

The next largest institutional holding, with 20.97 million shares, is of BLACKROCK INC.’s that is approximately 2.7803% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $14.52 million.