There is no way Cheniere Energy Inc. (LNG) can keep these numbers up

Cheniere Energy Inc. (AMEX: LNG) stock jumped 1.75% on Thursday to $165.56 against a previous-day closing price of $162.72. With 1.48 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.37 million shares. During the session, the Oil & Gas Midstream company that operates in wider Energy sector, reached to the highest price of $167.00 whereas the lowest price it dropped to was $164.32. The 52-week range on LNG shows that it touched its highest point at $182.35 and its lowest point at $135.00 during that stretch. It currently has a 1-year price target of $196.58. With its current market cap of 39.15 billion, LNG has annualized dividend of $1.58 while the current yield stands at 0.95%. Beta for the stock currently stands at 1.02.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LNG was up-trending over the past week, with a rise of 3.56%, but this was up by 1.97% over a month. Three-month performance surged to 12.63% while six-month performance rose 14.90%. The stock lost -0.07% in the past year, while it has gained 10.40% so far this year. A look at the trailing 12-month EPS for LNG yields 33.55 with Next year EPS estimates of 10.82. For the next quarter, that number is 2.26. This implies an EPS growth rate of 160.90% for this year and -61.42% for next year. EPS is expected to grow by 30.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 160.30%.

Float and Shares Shorts:

At present, 242.30 million LNG shares are outstanding with a float of 236.99 million shares on hand for trading. On Aug 30, 2023, short shares totaled 3.57 million, which was 1.48% higher than short shares on Jul 30, 2023. In addition to Mr. Jack A. Fusco as the firm’s Pres, CEO & Director, Mr. Zach Davis serves as its Exec. VP & CFO.

Institutional Ownership:

Through their ownership of 87.21% of LNG’s outstanding shares, institutional investors have majority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, LNG reported revenue of $8.01B and operating income of $1.48B. The EBITDA in the recently reported quarter was $1.76B and diluted EPS was $2.90.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LNG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With LNG analysts setting a high price target of $236.00 and a low target of $185.00, the average target price over the next 12 months is $201.06. Based on these targets, LNG could surge 42.55% to reach the target high and rise by 11.74% to reach the target low. Reaching the average price target will result in a growth of 21.44% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded LNG stock several times over the past three months with 0 Buys and 2 Sells. In these transactions, 0 shares were bought while 1,329 shares were sold. The number of buy transactions has increased to 24 while that of sell transactions has risen to 54 over the past year. The total number of shares bought during that period was 195,164 while 295,865 shares were sold.