In the past week, LNG stock has gone down by -0.15%, with a monthly gain of 1.04% and a quarterly plunge of -5.55%. The volatility ratio for the week is 1.84%, and the volatility levels for the last 30 days are 1.53% for Cheniere Energy Inc. The simple moving average for the last 20 days is -0.61% for LNG’s stock, with a simple moving average of -3.61% for the last 200 days.
Is It Worth Investing in Cheniere Energy Inc. (NYSE: LNG) Right Now?
The price-to-earnings ratio for Cheniere Energy Inc. (NYSE: LNG) is 3.90x, which is above its average ratio. Moreover, the 36-month beta value for LNG is 0.96. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for LNG is 231.23M and currently, short sellers hold a 1.24% of that float. On April 11, 2024, LNG’s average trading volume was 1.96M shares.
LNG) stock’s latest price update
Cheniere Energy Inc. (NYSE: LNG) has experienced a rise in its stock price by 0.65 compared to its previous closing price of 157.04. However, the company has seen a fall of -0.15% in its stock price over the last five trading days. InvestorPlace reported 2024-04-08 that Energy was the top performing sector in March and the run is far from over. From an allocation perspective, energy stocks are under-owned and could gain further ground as flows to the sector increase.
Analysts’ Opinion of LNG
Many brokerage firms have already submitted their reports for LNG stocks, with TD Cowen repeating the rating for LNG by listing it as a “Outperform.” The predicted price for LNG in the upcoming period, according to TD Cowen is $178 based on the research report published on February 27, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see LNG reach a price target of $205. The rating they have provided for LNG stocks is “Buy” according to the report published on October 06th, 2023.
CapitalOne gave a rating of “Overweight” to LNG, setting the target price at $200 in the report published on September 06th of the previous year.
LNG Trading at -0.35% from the 50-Day Moving Average
After a stumble in the market that brought LNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.84% of loss for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares surge +1.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.13% lower at present.
During the last 5 trading sessions, LNG fell by -0.15%, which changed the moving average for the period of 200-days by +6.39% in comparison to the 20-day moving average, which settled at $159.12. In addition, Cheniere Energy Inc. saw -7.41% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LNG
Current profitability levels for the company are sitting at:
- 0.76 for the present operating margin
- 0.78 for the gross margin
The net margin for Cheniere Energy Inc. stands at 0.48. The total capital return value is set at 0.4. Equity return is now at value 945.10, with 22.05 for asset returns.
Based on Cheniere Energy Inc. (LNG), the company’s capital structure generated 0.84 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 5.29. The interest coverage ratio of the stock is 13.57.
Currently, EBITDA for the company is 16.9 billion with net debt to EBITDA at 1.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.93. The receivables turnover for the company is 18.44for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.63.
Conclusion
To wrap up, the performance of Cheniere Energy Inc. (LNG) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
