Cheniere Energy, Inc. (LNG) Looks Very Tasty on This Recent Change

General Counsel & Corp Sec Markowitz Sean N acquired 1,700 shares in Cheniere Energy, Inc. (NYSE:LNG) for $57,643 in transaction occurred on 2018/11/14. After making this transaction, the General Counsel & Corp Sec owns a direct stake of 100,470 shares, worth $3,463,768, as per the last closing price. On 2018/11/14 Fusco Jack A, President and CEO at LNG, purchased 15,000 shares at an average price of $59.2 per share. The new stake is valued at $44,104,678.

Separately, it had been reported that some other LNG insiders also took part of the insider trading activity. Director, Kilpatrick David B had divested 15,000 shares for $81,662 through a trade on 2018/09/27. Following this activity, the insider holds 1,033,200 shares worth $4,907,070 as of recent close. Wall Street’s most bullish Cheniere Energy, Inc. (NYSE:LNG) analysts are predicting the share price to blow past $89 per share during the next 12 months. The current median share price forecast by them is $80, suggesting that the stock could increase 33.13% in that time frame. The average price target of $79.24 calls for a nearly 31.87% increase in the stock price.

Cheniere Energy, Inc. (LNG) trading activity significantly improved as the volume at ready counter increased to 3,075,243 shares versus 2,502,255 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 2,258,224 shares. The share price dropped -0.81% in recent trade and currently has a stock-market value of $15.57B. The shares finished at $60.09, after trading as low as $57.32 earlier in the session. It hit an intraday high Thursday at $60.21. The stock is now 30.63% above against its bear-market low of $46 on December 12, 2017. It has retreated -18.21% since it’s 52-week high of $71.03 reached in October. Now the market price is up 26.51% on the year and up 11.61% YTD.

LNG’s 50 day simple moving average (SMA 50) price is $62.71 and its 200-day simple moving average (SMA 200) price is $61.61. The company’s stock currently has a total float of 254.01M shares. Its weekly volatility is hovering around 3.89% and felt 3.68% volatility in price over a month. On the upside, the share price will test short term resistance at around $61.09. On a downside, the stock is likely to find some support, which begins at $58.2. The failure to get near-term support could push it to $56.32.

It had seen a new analyst call from Guggenheim, which initiated the stock at Buy on December 04. Analysts at JP Morgan, started covering the stock on October 31 with a Overweight rating. Analysts at Credit Suisse, made their first call about the stock on October 11, recommending it is Outperform. Goldman, released new analyst coverage on October 09, calling the stock is Neutral.

When looking at valuations, Cheniere Energy, Inc. (LNG) has a cheap P/E of 15.23x as compared to industry average of 58.95x. Moreover, it trades for 20.4 times the next 12 months of expected earnings. Compared to others, Cheniere Energy, Inc. is in a different league with regards to profitability, having net margins of 7.2%. To put some perspective around this, the industry’s average net margin is 10.59%. LNG’s ROE is -44.4%, which is also considerably worse than the industry’s ROE of 8.66%. It’s also very liquid in the near term, with a current ratio of 2.7. The stock has a debt/capital of 0.

Shares of Cheniere Energy, Inc. (LNG) have dropped -1.8% since the company’s last earnings report. Over the past 12 fiscal quarters, Cheniere Energy, Inc. (NYSE:LNG) has topped consensus earnings estimates in 3 quarters (25%), missed earnings in 9 quarters (75%), whereas at 0 occasion EPS met analyst expectations. LNG last reported earnings on November 08, 2018 when it released Sep-18 results that exceeded expectations. The company raked in $0.26 per share, -99% change on the same period last year. That was better than consensus for $0.21. Revenue for the recent quarter stood at $1.82 billion, up 30% on last year and above the $1.63 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $1.43 billion to $1.96 billion, which should be compared with $1.49 billion generated last year. EPS is seen in a range of -$1.00E-02 to $0.48, against the $0.34 reported a year ago.