Recent Research Analysts’ Ratings Changes for Cheniere Energy (LNG)

A number of research firms have changed their ratings and price targets for Cheniere Energy (NYSEAMERICAN: LNG):

  • 1/17/2018 – Cheniere Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “With a string of losses likely to dampen investor confidence, we are recalibrating our investment thesis on Cheniere Energy to Sell from Hold. An expansion stage company with high cash outflow and limited predictability, we rate Cheniere Energy as a risky bet going forward. The company is in the business of setting up natural gas liquefication plants, which is a costly affair that requires high capital spending. This has translated into a huge debt burden for the company – currently at nearly $25 billion – and has raised its risk profile. What's more, Cheniere's leveraged balance sheet is unlikely to improve in the next few years due to low internally generated cash flow. Considering these headwinds, we expect Cheniere Energy to perform below the industry, which gives investors little reason to hold the stock.”
  • 1/8/2018 – Cheniere Energy was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Cheniere Energy – with its first-mover advantage in exporting liquefied natural gas from the U.S. – is primed for significant revenue and earnings growth. The company is the only LNG exporter of the U.S. and plans to turn the natural gas glut into export revolution, currently exporting to over 20 countries. Further, Cheniere Energy's long term contracts protect its future income and lowers exposure to commodity price fluctuations, while offering excellent cash flow visibility. The company's recent gas supply deals with Poland, Lithuania and South Korea is likely to boost its revenue growth trajectory in the coming years. However, setting up natural gas liquefaction plants is a costly affair that requires high capital spending. This has translated into a huge debt burden for the company, thereby deteriorating its leverage and credit metrics. Therefore, we take a cautious stance on the prospects of the stock.”
  • 1/4/2018 – Cheniere Energy is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $65.00 price target on the stock.
  • 1/2/2018 – Cheniere Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “With a string of losses likely to dampen investor confidence, we are recalibrating our investment thesis on Cheniere Energy to Strong Sell from Hold. An expansion stage company with high cash outflow and limited predictability, we rate Cheniere Energy as a risky bet going forward. The company is in the business of setting up natural gas liquefication plants, which is a costly affair that requires high capital spending. This has translated into a huge debt burden for the company –  currently at nearly $25 billion – and has raised its risk profile. What's more, Cheniere's leveraged balance sheet is unlikely to improve in the next few years due to low internally generated cash flow. Considering these headwinds, we expect Cheniere Energy to perform below the industry, which gives investors little reason to hold the stock.”

Cheniere Energy, Inc. (NYSEAMERICAN:LNG) opened at $55.68 on Thursday. The stock has a market cap of $13,000.00, a PE ratio of -31.64 and a beta of 1.81. Cheniere Energy, Inc. has a 52-week low of $40.36 and a 52-week high of $56.80.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its earnings results on Tuesday, November 14th. The energy company reported ($1.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($1.08). The business had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.27 billion. The company’s revenue was up 201.7% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.41) EPS.

In other news, Director Vicky A. Bailey sold 5,800 shares of the business’s stock in a transaction that occurred 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 transaction, the director now owns 35,765 shares of the company’s stock, valued at $1,947,046.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Nuno Brandolini sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $50.02, for a total transaction of $1,000,400.00. Following the completion of the transaction, the director now directly owns 232,271 shares of the company’s stock, valued at approximately $11,618,195.42. The disclosure for this sale can be found here. In the last three months, insiders sold 45,800 shares of company stock valued at $2,299,152.

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.

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