Cheniere Energy Inc. (LNG) Stock: A Look at the Monthly Trend

In the past week, LNG stock has gone up by 8.21%, with a monthly gain of 6.82% and a quarterly surge of 4.84%. The volatility ratio for the week is 2.23%, and the volatility levels for the last 30 days are 1.93% for Cheniere Energy Inc. The simple moving average for the past 20 days is 5.49% for LNG’s stock, with a 2.50% simple moving average for the past 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 above average at 8.17x. The 36-month beta value for LNG is also noteworthy at 0.96. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 6 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”

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The public float for LNG is 226.06M, and at present, short sellers hold a 1.39% of that float. The average trading volume of LNG on June 25, 2024 was 1.81M shares.

LNG) stock’s latest price update

Cheniere Energy Inc. (NYSE: LNG) has seen a rise in its stock price by 1.12 in relation to its previous close of 165.96. However, the company has experienced a 8.21% gain in its stock price over the last five trading sessions. news.sky.com reported 2024-06-24 that The EU today launched its 14th package of sanctions against Russia – this time targeting Vladimir Putin’s liquefied natural gas exports (LNG) for the first time..

Analysts’ Opinion of LNG

TD Cowen, on the other hand, stated in their research note that they expect to see LNG reach a price target of $185, previously predicting the price at $178. The rating they have provided for LNG stocks is “Buy” according to the report published on June 17th, 2024.

Redburn Atlantic gave a rating of “Neutral” to LNG, setting the target price at $162 in the report published on April 16th of the current year.

LNG Trading at 5.90% 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 -8.52% of loss for the given period.

Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 2.23%, as shares surge +6.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.80% upper at present.

During the last 5 trading sessions, LNG rose by +7.97%, which changed the moving average for the period of 200-days by +4.74% in comparison to the 20-day moving average, which settled at $159.62. In addition, Cheniere Energy Inc. saw -1.69% 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:

  • 0.5 for the present operating margin
  • 0.53 for the gross margin

The net margin for Cheniere Energy Inc. stands at 0.29. The total capital return value is set at 0.24. Equity return is now at value 160.89, with 11.90 for asset returns.

Based on Cheniere Energy Inc. (LNG), the company’s capital structure generated 0.87 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 6.69. The interest coverage ratio of the stock is 7.79.

Currently, EBITDA for the company is 16.9 billion with net debt to EBITDA at 2.38. When we switch over and look at the enterprise to sales, we see a ratio of 3.6. The receivables turnover for the company is 25.68for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.

Conclusion

In summary, Cheniere Energy Inc. (LNG) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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