Cheniere Energy's (LNG) "Outperform" Rating Reaffirmed at Sanford C. Bernstein

Key Points

• Sanford C. Bernstein reaffirmed its “outperform” rating on Cheniere Energy and set a $283 price target, implying approximately 4.8% downside from the reported share price.
• Analyst sentiment remains positive overall: Cheniere has a “Moderate Buy” consensus rating and an average price target of $310.65, supported by Buy and Strong Buy recommendations from multiple firms.
• Cheniere reported strong quarterly revenue growth, but earnings results were mixed: the latest quarter’s $6.17 billion revenue exceeded estimates, while EPS of $3.63 missed consensus expectations of $4.28.

Cheniere Energy (NYSE:LNG - Get Free Report)'s stock had its "outperform" rating reaffirmed by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $283.00 price target on the energy company's stock. Sanford C. Bernstein's price objective points to a potential downside of 4.80% from the company's current price.

LNG has been the subject of several other reports. JPMorgan Chase & Co. lifted their price target on Cheniere Energy from $334.00 to $344.00 and gave the company an "overweight" rating in a research report on Friday, October 23rd. Morgan Stanley restated an "overweight" rating and issued a $310.00 price objective on shares of Cheniere Energy in a research report on Friday, August 7th. Raymond James Financial restated a "strong-buy" rating and issued a $340.00 price objective on shares of Cheniere Energy in a research report on Monday, October 19th. Wall Street Zen raised shares of Cheniere Energy from a "sell" rating to a "hold" rating in a report on Saturday, July 25th. Finally, TD Cowen reaffirmed a "buy" rating on shares of Cheniere Energy in a report on Friday, October 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $310.65.

Cheniere Energy Stock Performance

NYSE LNG opened at $297.28 on Thursday. The stock has a 50-day simple moving average of $280.16 and a two-hundred day simple moving average of $254.38. The firm has a market capitalization of $61.40 billion, a P/E ratio of 22.14, a PEG ratio of 1.19 and a beta of 0.06. Cheniere Energy has a fifty-two week low of $186.20 and a fifty-two week high of $304.73. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.72 and a current ratio of 0.87.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analyst estimates of $4.92 billion. During the same period last year, the firm earned $7.30 EPS. The business's quarterly revenue was up 23.5% compared to the same quarter last year. On average, equities analysts forecast that Cheniere Energy will post 20.86 earnings per share for the current year.

Hedge Funds Weigh In On Cheniere Energy

A number of hedge funds have recently bought and sold shares of LNG. Financial Life Planners acquired a new position in shares of Cheniere Energy during the 1st quarter worth approximately $26,000. Community Financial Services Group LLC purchased a new position in shares of Cheniere Energy during the 2nd quarter valued at approximately $29,000. Eastern Bank lifted its position in shares of Cheniere Energy by 130.0% during the 3rd quarter. Eastern Bank now owns 115 shares of the energy company's stock valued at $31,000 after buying an additional 65 shares in the last quarter. Washington Trust Advisors Inc. lifted its position in shares of Cheniere Energy by 510.5% during the 3rd quarter. Washington Trust Advisors Inc. now owns 116 shares of the energy company's stock valued at $31,000 after buying an additional 97 shares in the last quarter. Finally, Transamerica Financial Advisors LLC grew its stake in Cheniere Energy by 91.3% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 132 shares of the energy company's stock valued at $32,000 after acquiring an additional 63 shares during the period. Hedge funds and other institutional investors own 87.26% of the company's stock.

Key Stories Impacting 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

Cheniere Energy Company Profile

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.

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