Cheniere Energy, Inc. (NYSE:LNG) Given Consensus Rating of “Buy” by Analysts

Shares of Cheniere Energy, Inc. (NYSE:LNG) have been given a consensus rating of “Buy” by the nineteen analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $263.60.

A number of equities analysts recently commented on LNG shares. BMO Capital Markets started coverage on shares of Cheniere Energy in a research report on Friday, September 19th. They issued an “outperform” rating and a $268.00 target price on the stock. Cowen reiterated a “buy” rating on shares of Cheniere Energy in a research report on Friday, August 8th. Barclays reiterated an “overweight” rating and issued a $262.00 target price (up previously from $253.00) on shares of Cheniere Energy in a research report on Tuesday, July 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cheniere Energy in a research report on Saturday, September 27th. Finally, Scotiabank reiterated an “outperform” rating on shares of Cheniere Energy in a report on Tuesday, July 15th.

Cheniere Energy Price Performance

Shares of Cheniere Energy stock opened at $232.15 on Monday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.85 and a current ratio of 0.98. Cheniere Energy has a 52-week low of $180.62 and a 52-week high of $257.65. The company has a fifty day moving average of $235.51 and a 200-day moving average of $232.86. The stock has a market capitalization of $51.02 billion, a price-to-earnings ratio of 13.55 and a beta of 0.37.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Thursday, August 7th. The energy company reported $7.30 EPS for the quarter, topping analysts’ consensus estimates of $2.35 by $4.95. The company had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.48 billion. Cheniere Energy had a net margin of 21.05% and a return on equity of 37.83%. The firm’s revenue was up 42.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.84 EPS. Equities research analysts expect that Cheniere Energy will post 11.69 EPS for the current year.

Institutional Investors Weigh In On Cheniere Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LNG. Brighton Jones LLC bought a new stake in Cheniere Energy during the 4th quarter valued at $335,000. MassMutual Private Wealth & Trust FSB raised its holdings in Cheniere Energy by 100.8% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 239 shares of the energy company’s stock valued at $55,000 after buying an additional 120 shares during the last quarter. Versant Capital Management Inc raised its holdings in Cheniere Energy by 47.8% during the 1st quarter. Versant Capital Management Inc now owns 788 shares of the energy company’s stock valued at $182,000 after buying an additional 255 shares during the last quarter. AdvisorNet Financial Inc increased its position in Cheniere Energy by 23.7% during the 1st quarter. AdvisorNet Financial Inc now owns 1,454 shares of the energy company’s stock valued at $336,000 after purchasing an additional 279 shares during the period. Finally, GAMMA Investing LLC increased its position in Cheniere Energy by 25,232.4% during the 1st quarter. GAMMA Investing LLC now owns 342,241 shares of the energy company’s stock valued at $79,195,000 after purchasing an additional 340,890 shares during the period. 87.26% of the stock is currently owned by institutional investors.

About Cheniere Energy

Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.