Cheniere Energy, Inc. (NYSEAMERICAN:LNG) Director Vicky A. Bailey sold 5,800 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $54.44, for a total value of $315,752.00. Following the completion of the sale, the director now owns 35,765 shares in the company, valued at $1,947,046.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Cheniere Energy, Inc. (NYSEAMERICAN LNG) traded down $0.26 on Thursday, hitting $55.01. The stock had a trading volume of 2,300,051 shares, compared to its average volume of 2,578,700. Cheniere Energy, Inc. has a twelve month low of $40.36 and a twelve month high of $56.14. The firm has a market capitalization of $13,140.00, a price-to-earnings ratio of -31.26 and a beta of 1.81.
Cheniere Energy (NYSEAMERICAN:LNG) last issued its quarterly earnings results on Tuesday, November 14th. The energy company reported ($1.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($1.08). The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the business earned ($0.41) earnings per share. The firm’s revenue for the quarter was up 201.7% compared to the same quarter last year.
A number of analysts have weighed in on the company. Stifel Nicolaus assumed coverage on Cheniere Energy in a research report on Thursday. They issued a “buy” rating and a $65.00 price target on the stock. Zacks Investment Research lowered Cheniere Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Cowen assumed coverage on Cheniere Energy in a research note on Friday, November 17th. They issued a “market perform” rating and a $56.00 price objective on the stock. Citigroup boosted their price objective on Cheniere Energy from $57.00 to $59.00 and gave the stock a “buy” rating in a research note on Thursday, November 16th. Finally, BidaskClub raised Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Saturday, November 4th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. Cheniere Energy has an average rating of “Buy” and a consensus price target of $54.46.
COPYRIGHT VIOLATION WARNING: This story was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was stolen and reposted in violation of international copyright & trademark legislation. The correct version of this story can be viewed at https://www.americanbankingnews.com/2018/01/04/cheniere-energy-inc-lng-director-vicky-a-bailey-sells-5800-shares.html.
About Cheniere Energy
Cheniere Energy, Inc (Cheniere) is an energy company primarily engaged in liquefied natural gas (LNG)-related businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business. Its LNG terminal segment consists of the Sabine Pass and Corpus Christi LNG terminals.
Receive News & Ratings for Cheniere Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy and related companies with MarketBeat.com's FREE daily email newsletter.