Cheniere Energy (NYSE:LNG) Earns Outperform Rating from Sanford C. Bernstein

Cheniere Energy (NYSE:LNG)‘s stock had its “outperform” rating reaffirmed by equities researchers at Sanford C. Bernstein in a report released on Thursday, Benzinga reports. They presently have a $283.00 price objective on the energy company’s stock. Sanford C. Bernstein‘s target price points to a potential downside of 4.80% from the stock’s current price.

Several other research analysts also recently commented on the company. JPMorgan Chase & Co. increased their price objective on Cheniere Energy from $334.00 to $344.00 and gave the company an “overweight” rating in a research note on Friday, October 23rd. Royal Bank Of Canada lifted their target price on shares of Cheniere Energy from $300.00 to $319.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. Weiss Ratings raised shares of Cheniere Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Jefferies Financial Group reiterated a “buy” rating and issued a $336.00 target price on shares of Cheniere Energy in a research report on Saturday, October 10th. Finally, Argus set a $330.00 price target on shares of Cheniere Energy in a research note on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Cheniere Energy currently has an average rating of “Moderate Buy” and an average price target of $310.65.

Cheniere Energy Stock Down 0.8%

LNG opened at $297.28 on Thursday. Cheniere Energy has a twelve month low of $186.20 and a twelve month high of $304.73. The company has a quick ratio of 0.72, a current ratio of 0.87 and a debt-to-equity ratio of 1.97. The company has a 50-day moving average price of $280.16 and a 200 day moving average price of $254.38. The company has a market cap of $61.40 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 1.19 and a beta of 0.06.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share for the quarter, missing analysts’ consensus estimates of $3.11 by ($0.09). Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The company had revenue of $5.73 billion during the quarter, compared to analysts’ expectations of $4.92 billion. During the same period in the prior year, the business posted $7.30 earnings per share. The company’s quarterly revenue was up 23.5% compared to the same quarter last year. Sell-side analysts expect that Cheniere Energy will post 20.86 earnings per share for the current fiscal year.

Institutional Trading of Cheniere Energy

Several large investors have recently added to or reduced their stakes in LNG. Financial Life Planners acquired a new position in shares of Cheniere Energy during the 1st quarter valued at about $26,000. Community Financial Services Group LLC purchased a new stake in shares of Cheniere Energy in the second quarter valued at about $29,000. Eastern Bank increased its position in Cheniere Energy by 130.0% during the third quarter. Eastern Bank now owns 115 shares of the energy company’s stock worth $31,000 after purchasing an additional 65 shares during the last quarter. Washington Trust Advisors Inc. increased its position in Cheniere Energy by 510.5% during the third quarter. Washington Trust Advisors Inc. now owns 116 shares of the energy company’s stock worth $31,000 after purchasing an additional 97 shares during the last quarter. Finally, Transamerica Financial Advisors LLC increased its position in Cheniere Energy by 91.3% during the second quarter. Transamerica Financial Advisors LLC now owns 132 shares of the energy company’s stock worth $32,000 after purchasing an additional 63 shares during the last quarter. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Cheniere Energy

Here are the key news stories impacting Cheniere Energy this week:

• Positive Sentiment: Cheniere reported third-quarter revenue of $6.17 billion, well above analysts’ $5.41 billion consensus estimate. Net income also increased year over year, helped by strong demand for liquefied natural gas. Cheniere reports rise in third-quarter net income
• Positive Sentiment: US Capital Advisors raised its EPS forecasts for several future periods, including 2027 quarterly estimates, FY2027 to $17.88 from $15.85, and FY2028 to $13.89 from $12.63. The revisions suggest the analyst sees stronger future profitability.
• Positive Sentiment: Long-term LNG demand remains supported by international supply needs. QatarEnergy’s agreement to receive U.S. LNG from Woodside highlights continued demand for American exports, although the deal is not directly a Cheniere contract. Australia’s Woodside to supply QatarEnergy with Louisiana LNG in 20-year deal
• Negative Sentiment: Third-quarter EPS was $3.63, missing the $4.28 consensus estimate by $0.65. Despite the revenue beat, the earnings shortfall may lead investors to question quarterly profitability and operating performance. Cheniere Energy posts Q3 total revenue of $6.17 billion

About Cheniere Energy

Cheniere Energy, Inc is an energy infrastructure company engaged primarily in the production and export of liquefied natural gas (LNG). The company purchases natural gas, processes it through liquefaction facilities, and delivers LNG to customers in international energy markets. Its operations also include natural gas procurement, transportation, storage, and LNG marketing.

Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility near Corpus Christi, Texas.