Cheniere Energy Inc. (AMEX:LNG) closed Wednesday at $165.49 per share, down from $168.05 a day earlier. While Cheniere Energy Inc. has underperformed by -1.52%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LNG rose by 88.61%, with highs and lows ranging from $178.62 to $85.61, whereas the simple moving average jumped by 25.06% in the last 200 days.
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On November 18, 2021, Mizuho started tracking Cheniere Energy Inc. (AMEX: LNG) recommending Buy. A report published by Raymond James on January 11, 2021, Upgraded its rating to ‘Strong Buy’ for LNG. BofA/Merrill May 01, 2020d its ‘Buy’ rating to ‘Neutral’ for LNG, as published in its report on May 01, 2020. Cowen’s report from April 08, 2020 suggests a price prediction of $60 for LNG shares, giving the stock a ‘Outperform’ rating. Raymond James also rated the stock as ‘Outperform’.
Analysis of Cheniere Energy Inc. (LNG)
The current dividend for LNG investors is set at $1.32 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 165.40%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Cheniere Energy Inc.’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 91.20% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.70, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and LNG is recording an average volume of 2.60M. On a monthly basis, the volatility of the stock is set at 3.39%, whereas on a weekly basis, it is put at 3.59%, with a loss of -4.98% over the past seven days. Furthermore, long-term investors anticipate a median target price of $189.11, showing growth from the present price of $165.49, which can serve as yet another indication of whether LNG is worth investing in or should be passed over.
How Do You Analyze Cheniere Energy Inc. Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.20%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 93.50% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in LNG shares?
The recent increase in stakes in LNG appears to be a result of several institutional investors and hedge funds increasing their positions. The Vanguard Group, Inc.’s position in LNG has increased by 1.06% in the first quarter. The company now owns 20,976,021 shares of the stock, with a value of $3.36 billion, following the purchase of 219,671 additional shares during the last quarter. BlackRock Fund Advisors made another increased to its shares in LNG during the first quarter, upping its stake by 0.64%. During the last quarter, the company picked up 74,160 additional shares for a total stake of worth $1.85 billion, bringing number of shares owned by the company to 11,579,611.
During the first quarter, Fidelity Management & Research Co added a 51,181 position in LNG. SSgA Funds Management, Inc. sold an additional 26992.0 shares in the last quarter, decreasing its holdings by -0.39%, now holding 6.91 million shares worth $1.11 billion. At the end of the first quarter, Harvest Fund Advisors LLC decreased its LNG holdings by -11.64% and now holds 6.49 million LNG shares valued at $1.04 billion with the lessened -0.86 million shares during the period. LNG shares are owned by institutional investors to the tune of 93.50% at present.