Cheniere Energy Inc (NYSE:LNG) shares traded -5.19% lower at $218.62 on Wall Street last session.
LNG stock price is now -2.07% away from the 50-day moving average and 15.90% away from the 200-day moving average. The market capitalization of the company currently stands at $49.05B.
With the price target enhanced from $242 to $250, TD Cowen maintained Buy rating for Cheniere Energy Inc (NYSE: LNG). On January 10, 2025, Scotiabank recently initiated its ‘Sector Outperform’ rating on the stock quoting a target price of $242, while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, JOHN COREY GRINDAL, Advisor bought 15,998 shares of the company’s stock on Nov 15 ’24. The stock was bought for $3,368,027 at an average price of $210.53. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 11 ’24, Advisor JOHN COREY GRINDAL bought 16,000 shares of the business’s stock. A total of $3,405,030 was incurred on buying the stock at an average price of $212.81. A total of 1.07% of the company’s stock is owned by insiders.
During the past 12 months, Cheniere Energy Inc has had a low of $152.31 and a high of $257.65. As of last week, the company has a debt-to-equity ratio of 5.22, a current ratio of 1.07, and a quick ratio of 0.98. The fifty day moving average price for LNG is $223.3574 and a two-hundred day moving average price translates $188.3406 for the stock.
The latest earnings results from Cheniere Energy Inc (NYSE: LNG) was released for 2024-09-30. The net profit margin was 22.83% and return on equity was 79.00% for LNG. The company reported revenue of $3.76 billion for the quarter, compared to $4.16 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.52 percent. For the current quarter, analysts expect LNG to generate $4.44B in revenue.
