|Bid||56.12 x 200|
|Ask||59.41 x 100|
|Day's range||57.59 - 59.05|
|52-week range||40.36 - 60.22|
|PE ratio (TTM)||N/A|
|Earnings date||4 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||64.00|
Recently, Bernstein upgraded Cheniere Energy (LNG) to “outperform,” which is equivalent to “buy.” Cheniere Energy was upgraded from “market-perform,” which is equivalent to “hold.” Bernstein also increased the company’s target price to $63 from $55. At the same time, Citigroup lowered Cheniere Energy’s target price to $65 from $67.
Cheniere Energy (LNG) was trading at an EV-to-sales multiple of 7.2x as of April 10, 2018—below the historical one-year average of 13.8x. The company’s forward EV-to-sales multiple, which is based on sales estimates for the next 12 months, was 6.1x as of April 10. The company’s forward EV-to-sales multiple is higher compared to the peer median of 2.0x.
Cheniere Energy’s (LNG) 30-day implied volatility was 30.9% as of April 10, 2018, which is lower than the 15-day average of 36.5%. In comparison, the Alerian MLP ETF (AMLP) has an implied volatility of 23.6%. Cheniere Energy’s higher implied volatility compared to AMLP is mainly due to its export-led business and the fluctuation in global LNG (liquefied natural gas) prices. However, Cheniere Energy’s exposure to global LNG prices is expected to come down following recent sale and purchase agreements.
Cheniere Energy (LNG) went above its 50-day moving average due to the recent rally, which indicates bullish sentiment in the stock. Cheniere Energy was trading 1.7% above its 50-day simple moving average and 12.9% above its 200-day simple moving average as of April 10, 2018.
Cheniere Energy (LNG) stock saw a sharp rally on April 9, 2018, due to a general recovery in the US energy sector and broader markets. There were signs of moderating trade war tensions between the US and China. Overall, Cheniere Energy has risen 4.1% since the beginning of April. At the same time, the Alerian MLP ETF (AMLP) and the Energy Select Sector SPDR ETF (XLE) have gained 2.7% and 3.7%.
The global liquefied natural gas market is set to see more U.S. LNG. So how do you want to play it: income or growth?
An agency ethics official at the Environmental Protection Agency says Administrator Scott Pruitt's lease of a Capitol Hill condo tied to a prominent fossil-fuels lobbyist didn't violate federal ethics ...
Cheniere Energy (LNG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Zacks Industry Outlook Highlights: Chevron, BP, Royal Dutch Shell, Total S.A. and Cheniere Energy
China’s push for cleaner cities has driven natural gas demand up significantly, and the United States is well positioned to seize the opportunity