A Stock With Stellar Fundamentals? Tellurian Inc (AMEX:TELL): Is It Right For You?

In yesterday’s Wall Street session, Tellurian Inc (AMEX:TELL) shares traded at $0.56, up 7.11% from the previous session.

As of this writing, 5 analysts cover Tellurian Inc (AMEX:TELL). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $5.00 and a low of $0.40, we find $2.50. Given the previous closing price of $0.52, this indicates a potential upside of 380.77 percent. TELL stock price is now -40.43% away from the 50-day moving average and -56.61% away from the 200-day moving average. The market capitalization of the company currently stands at $356.53M.

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There are 1 analysts who have given it a hold rating, whereas 3 have given it a buy rating. Brokers who have rated the stock have averaged $2.64 as their price target over the next twelve months.

With the price target reduced from $4 to $1.50, BofA Securities Downgraded its rating from Buy to Underperform for Tellurian Inc (AMEX: TELL).

In other news, GROSS JONATHAN S, Director bought 100,000 shares of the company’s stock on Nov 07. The stock was bought for $61,000 at an average price of $0.61. Upon completion of the transaction, the Director now directly owns 340,000 shares in the company, valued at $0.19 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 30, Director GROSS JONATHAN S bought 100,000 shares of the business’s stock. A total of $138,000 was incurred on buying the stock at an average price of $1.38. This leaves the insider owning 240,000 shares of the company worth $0.13 million. Insiders disposed of 22,907,928 shares of company stock worth roughly $12.83 million over the past 1 year. A total of 4.92% of the company’s stock is owned by insiders.

Monday morning saw Tellurian Inc (AMEX: TELL) opened at $0.5349. During the past 12 months, Tellurian Inc has had a low of $0.49 and a high of $3.09. As of last week, the company has a debt-to-equity ratio of 0.90, a current ratio of 0.62, and a quick ratio of 0.62. The fifty day moving average price for TELL is $0.9428 and a two-hundred day moving average price translates $1.2943 for the stock.

The latest earnings results from Tellurian Inc (AMEX: TELL) was released for Sep, 2023. According to the Oil & Gas E&P Company, earnings per share came in at -$0.12, missing analysts’ expectations of -$0.06 by -0.06. This compares to -$0.03 EPS in the same period last year. The net profit margin was -53.11% and return on equity was -20.06% for TELL. The company reported revenue of $43.25 million for the quarter, compared to $81.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -46.67 percent. For the current quarter, analysts expect TELL to generate $63.84M in revenue.

Tellurian Inc(TELL) Company Profile

Tellurian Inc. engages in the natural gas business worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) marketing, and infrastructure assets that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline. It owns interests in 27,689 net acres of natural gas assets and 143 producing wells located in the Haynesville Shale trend of northern Louisiana. The company was founded in 2016 and is headquartered in Houston, Texas.

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