Tellurian Inc. (AMEX: TELL) is -10.06% lower on its value in year-to-date trading and has touched a low of $2.23 and a high of $6.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TELL stock was last observed hovering at around $3.11 in the last trading session, with the day’s loss setting it -0.34% off its average median price target of $5.00 for the next 12 months. It is also 72.3% off the consensus price target high of $10.00 offered by 7 analysts, but current levels are 7.67% higher than the price target low of $3.00 for the same period.
Currently trading at $2.77, the stock is -31.50% and -28.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 27.74 million and changing -10.93% at the moment leaves the stock -27.85% off its SMA200. TELL registered -17.31% loss for a year compared to 6-month gain of -37.19%.
The stock witnessed a -39.78% loss in the last 1 month and extending the period to 3 months gives it a -5.46%, and is -28.24% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.37% over the week and 9.87% over the month.
Tellurian Inc. (TELL) has around 107 employees, a market worth around $1.54B and $245.50M in sales. Fwd P/E is 395.71. Profit margin for the company is -50.40%. Distance from 52-week low is 24.22% and -57.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.30%).
Tellurian Inc. (TELL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Tellurian Inc. (TELL) is a “Overweight”. 7 analysts offering their recommendations for the stock have an average rating of 2.40, where 3 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Tellurian Inc. is expected to release its quarterly report on 11/02/2022.The EPS is expected to grow by 64.20% this year
Tellurian Inc. (TELL) Top Institutional Holders
The shares outstanding are 534.52M, and float is at 489.38M with Short Float at 21.17%.
Tellurian Inc. (TELL) Insider Activity
A total of 8 insider transactions have happened at Tellurian Inc. (TELL) in the last six months, with sales accounting for 0 and purchases happening 8 times. The most recent transaction is an insider purchase by Harvey Claire, the company’s Director. SEC filings show that Harvey Claire bought 16,000 shares of the company’s common stock on Jan 13 at a price of $3.19 per share for a total of $51072.0. Following the purchase, the insider now owns 49955.0 shares.
Tellurian Inc. disclosed in a document filed with the SEC on Nov 10 that Bennett James Donald (Director) bought a total of 20,000 shares of the company’s common stock. The trade occurred on Nov 10 and was made at $4.05 per share for $81000.0. Following the transaction, the insider now directly holds 65326.0 shares of the TELL stock.
Tellurian Inc. (TELL): Who are the competitors?
The company’s main competitors (and peers) include Civitas Resources Inc. (CIVI) that is trading 40.60% up over the past 12 months and Barnwell Industries Inc. (BRN) that is 20.09% higher over the same period. Plains All American Pipeline L.P. (PAA) is 20.06% up on the 1-year trading charts.