Cheniere Energy (NYSE:LNG – Get Free Report)‘s stock had its “outperform” rating restated by investment analysts at Sanford C. Bernstein in a research note issued to investors on Friday, Benzinga reports. They presently have a $283.00 price target on the energy company’s stock. Sanford C. Bernstein‘s price objective indicates a potential downside of 4.59% from the company’s previous close.
Other equities research analysts have also issued reports about the stock. Scotiabank set a $311.00 target price on shares of Cheniere Energy in a report on Thursday, October 15th. Morgan Stanley reiterated an “overweight” rating and issued a $310.00 target price on shares of Cheniere Energy in a report on Friday, August 7th. Raymond James Financial reiterated a “strong-buy” rating and issued a $340.00 target price on shares of Cheniere Energy in a report on Monday. Royal Bank Of Canada increased their target price on shares of Cheniere Energy from $300.00 to $319.00 and gave the stock an “outperform” rating in a report on Monday, August 24th. Finally, Wall Street Zen upgraded shares of Cheniere Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $310.06.
View Our Latest Research Report on Cheniere Energy
Cheniere Energy Trading Up 3.3%
LNG traded up $9.60 during mid-day trading on Friday, hitting $296.61. The stock had a trading volume of 337,722 shares, compared to its average volume of 2,288,923. The stock’s fifty day simple moving average is $278.33 and its 200-day simple moving average is $260.79. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.87 and a quick ratio of 0.72. The firm has a market capitalization of $61.26 billion, a price-to-earnings ratio of 22.00, a price-to-earnings-growth ratio of 1.13 and a beta of 0.06. Cheniere Energy has a 1-year low of $186.20 and a 1-year high of $300.89.
Cheniere Energy (NYSE:LNG – Get Free Report) last posted its earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share for the quarter, missing the consensus estimate of $3.11 by ($0.09). The firm had revenue of $5.73 billion during the quarter, compared to analyst estimates of $4.92 billion. Cheniere Energy had a return on equity of 29.80% and a net margin of 13.57%. The company’s revenue for the quarter was up 23.5% on a year-over-year basis. During the same quarter last year, the business posted $7.30 earnings per share. As a group, research analysts forecast that Cheniere Energy will post 16.75 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of LNG. Capital Investment Advisors LLC grew its position in shares of 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 acquiring an additional 74 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in shares of Cheniere Energy by 18.7% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 2,320 shares of the energy company’s stock worth $624,000 after buying an additional 365 shares during the period. Washington Trust Advisors Inc. raised its stake in Cheniere Energy by 510.5% in the 3rd quarter. Washington Trust Advisors Inc. now owns 116 shares of the energy company’s stock worth $31,000 after purchasing an additional 97 shares in the last quarter. Yousif Capital Management LLC raised its stake in Cheniere Energy by 10.8% in the 3rd quarter. Yousif Capital Management LLC now owns 4,761 shares of the energy company’s stock worth $1,281,000 after purchasing an additional 463 shares in the last quarter. Finally, BIP Wealth LLC raised its stake in Cheniere Energy by 3.2% in the 3rd quarter. BIP Wealth LLC now owns 4,170 shares of the energy company’s stock worth $1,122,000 after purchasing an additional 131 shares in the last quarter. Institutional investors own 87.26% of the company’s stock.
More Cheniere Energy News
Here are the key news stories impacting Cheniere Energy this week:
- Positive Sentiment: Long-term QatarEnergy contracts strengthen revenue visibility. Cheniere signed agreements to supply QatarEnergy with 4 million tonnes per annum of LNG through 2054—2 million tonnes each from its Sabine Pass and Corpus Christi facilities. The free-on-board contracts provide decades of committed demand and could support cash flow, particularly as Middle East supply disruptions increase QatarEnergy’s need for U.S. LNG. Cheniere signs LNG supply deals with QatarEnergy through 2054
- Positive Sentiment: Expansion and earnings expectations remain supportive. Coverage highlights rising export capacity from Cheniere’s expansion projects. Separately, Zacks upgraded Cheniere to Rank #2, or “Buy,” citing improving earnings prospects and factors that could support a beat in the upcoming report. Cheniere Energy upgraded to Buy
- Neutral Sentiment: Bernstein maintained an Outperform rating but set a $283 price target. The target is below the stock’s $287.04 opening level, suggesting limited near-term upside despite the favorable rating. Investors may also focus on valuation after the stock’s strong run toward its 52-week high. Bernstein reaffirms Cheniere rating
- Negative Sentiment: Execution and earnings risks remain. Cheniere’s latest reported quarter produced $3.02 in EPS, below the $3.11 consensus estimate, although revenue exceeded expectations and increased year over year. The new contracts are strategically positive, but investors still face LNG market, geopolitical, debt and project-execution risks.
Cheniere Energy Company Profile
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.
Featured Articles
- Five stocks we like better than Cheniere Energy
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
- Capital One Earnings: After a Double Beat the Rally Is On
- Tractor Supply’s Q3 Beat Plants the Seeds for a Stock Rebound
- WD-40 Could Reward Patient Investors—Here’s Why
Receive News & Ratings for Cheniere Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy and related companies with MarketBeat.com's FREE daily email newsletter.
