Stifel Nicolaus Issues Pessimistic Forecast for Cheniere Energy (NYSE:LNG) Stock Price

Cheniere Energy (NYSE:LNG - Get Free Report) had its target price dropped by equities researchers at Stifel Nicolaus from $255.00 to $247.00 in a report released on Tuesday,Benzinga reports. The firm currently has a "buy" rating on the energy company's stock. Stifel Nicolaus' price target suggests a potential upside of 5.91% from the stock's previous close.

A number of other equities research analysts have also recently issued reports on the company. UBS Group reaffirmed a "buy" rating and set a $277.00 target price on shares of Cheniere Energy in a research report on Tuesday, March 18th. Scotiabank reiterated an "outperform" rating on shares of Cheniere Energy in a research note on Thursday, March 6th. StockNews.com raised shares of Cheniere Energy from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Barclays raised their price target on Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. Finally, Morgan Stanley increased their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Fifteen research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Cheniere Energy currently has an average rating of "Buy" and a consensus price target of $245.15.

Cheniere Energy Stock Up 0.4 %

LNG stock traded up $0.96 during trading hours on Tuesday, hitting $233.23. The company's stock had a trading volume of 1,169,657 shares, compared to its average volume of 1,880,481. The stock has a 50 day moving average price of $221.95 and a two-hundred day moving average price of $216.35. Cheniere Energy has a 12 month low of $153.03 and a 12 month high of $257.65. The company has a market capitalization of $51.97 billion, a PE ratio of 16.39 and a beta of 0.67. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. On average, equities research analysts expect that Cheniere Energy will post 11.69 earnings per share for the current year.

Insider Buying and Selling at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the transaction, the director now owns 33,934 shares in the company, valued at $7,448,852.34. The trade was a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.26% of the company's stock.

Institutional Investors Weigh In On Cheniere Energy

Several hedge funds and other institutional investors have recently made changes to their positions in LNG. Miracle Mile Advisors LLC acquired a new stake in Cheniere Energy in the fourth quarter worth about $2,127,000. Fractal Investments LLC grew its position in shares of Cheniere Energy by 31.0% during the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock worth $12,720,000 after buying an additional 14,000 shares during the period. Anderson Hoagland & Co. bought a new stake in shares of Cheniere Energy during the fourth quarter worth approximately $2,460,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Cheniere Energy by 31.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock valued at $7,812,000 after buying an additional 8,756 shares during the period. Finally, Insight Wealth Strategies LLC bought a new position in Cheniere Energy in the fourth quarter valued at approximately $4,455,000. 87.26% of the stock is owned by institutional investors and hedge funds.

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.