Cheniere Energy (NYSE:LNG – Get Free Report)‘s stock had its “outperform” rating reissued by Sanford C. Bernstein in a research report issued on Friday, Benzinga reports. They presently have a $283.00 price objective on the energy company’s stock. Sanford C. Bernstein‘s price target indicates a potential downside of 5.29% from the stock’s previous close.
LNG has been the topic of several other research reports. Scotiabank set a $311.00 price objective on shares of Cheniere Energy in a report on Thursday, October 15th. JPMorgan Chase & Co. upped their price objective on shares of Cheniere Energy from $327.00 to $334.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. UBS Group restated a “buy” rating on shares of Cheniere Energy in a report on Tuesday, September 1st. Weiss Ratings upgraded shares of Cheniere Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Finally, Argus set a $330.00 price objective on shares of Cheniere Energy in a report on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $310.65.
Get Our Latest Stock Analysis on LNG
Cheniere Energy Stock Up 4.1%
Shares of Cheniere Energy stock traded up $11.79 during trading on Friday, reaching $298.80. 2,304,880 shares of the company traded hands, compared to its average volume of 2,298,929. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.87 and a quick ratio of 0.72. Cheniere Energy has a 1-year low of $186.20 and a 1-year high of $300.89. The company has a 50 day moving average price of $278.86 and a 200-day moving average price of $261.05. The firm has a market capitalization of $61.71 billion, a PE ratio of 22.25, a P/E/G ratio of 1.13 and a beta of 0.06.
Cheniere Energy (NYSE:LNG – Get Free Report) last released its earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.11 by ($0.09). Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The company had revenue of $5.73 billion for the quarter, compared to analyst estimates of $4.92 billion. During the same quarter in the previous year, the firm earned $7.30 EPS. The firm’s revenue was up 23.5% on a year-over-year basis. As a group, equities research analysts expect that Cheniere Energy will post 16.75 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of LNG. Norris Perne & French LLP MI bought a new stake in shares of Cheniere Energy in the 3rd quarter worth $2,281,000. Signaturefd LLC grew its stake in shares of Cheniere Energy by 3.1% in the 3rd quarter. Signaturefd LLC now owns 4,694 shares of the energy company’s stock worth $1,263,000 after acquiring an additional 143 shares in the last quarter. Citizens Financial Group Inc. RI grew its stake in shares of Cheniere Energy by 75.5% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 8,609 shares of the energy company’s stock worth $2,316,000 after acquiring an additional 3,704 shares in the last quarter. Anderson Hoagland & Co. increased its stake in Cheniere Energy by 23.1% in the 3rd quarter. Anderson Hoagland & Co. now owns 9,297 shares of the energy company’s stock valued at $2,668,000 after buying an additional 1,743 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its stake in Cheniere Energy by 4.7% in the 3rd quarter. Capital Investment Advisors LLC now owns 1,658 shares of the energy company’s stock valued at $446,000 after buying an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.
Key Stories Impacting Cheniere Energy
Here are the key news stories impacting Cheniere Energy this week:
- Positive Sentiment: Large QatarEnergy contract strengthens long-term visibility: Cheniere agreed to supply QatarEnergy with 4 million metric tons of LNG annually through 2054—2 million tons each from its Sabine Pass and Corpus Christi facilities. The decades-long, take-or-pay-style demand commitment could support stable cash flows and reduce marketing risk. Cheniere Energy Boosts LNG Contract Backlog With QatarEnergy Deal
- Positive Sentiment: Potential support for Sabine Pass expansion: The agreement helps underpin Cheniere’s planned capacity expansion, potentially improving utilization and creating additional long-term earnings and cash-flow opportunities. QatarEnergy is seeking U.S. LNG as geopolitical disruptions affect Middle Eastern supply routes. Cheniere signs LNG supply deals with QatarEnergy through 2054
- Positive Sentiment: One analyst raised its valuation: JPMorgan increased its price target from $334 to $344 and maintained an “overweight” rating, indicating confidence in Cheniere’s contracted growth outlook.
- Positive Sentiment: Related partnership continues returning cash: Cheniere Energy Partners, L.P. declared a quarterly cash distribution of $0.890 per common unit, highlighting ongoing cash generation from the associated LNG infrastructure. This distribution is made by the partnership rather than directly by Cheniere Energy.
- Neutral Sentiment: Earnings expectations are favorable but unconfirmed: Analysts expect Cheniere to potentially exceed estimates in its upcoming report, though this is based on consensus indicators rather than reported results.
- Negative Sentiment: Valuation and analyst views are mixed: Bernstein reaffirmed an “outperform” rating but set a $283 price target, below the current trading level. Investors may also weigh execution, financing, and construction risks associated with expansion projects.
About Cheniere Energy
Cheniere Energy, Inc is an energy infrastructure company engaged primarily in the production and export of liquefied natural gas (LNG). The company purchases natural gas, processes it through liquefaction facilities, and delivers LNG to customers in international energy markets. Its operations also include natural gas procurement, transportation, storage, and LNG marketing.
Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility near Corpus Christi, Texas.
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