Tellurian Inc. (AMEX: TELL) is -30.95% lower on its value in year-to-date trading and has touched a low of $1.15 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 $1.18 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $2.50 for the next 12 months. It is also 88.4% off the consensus price target high of $10.00 offered by 7 analysts, but current levels are 10.77% higher than the price target low of $1.30 for the same period.
Currently trading at $1.16, the stock is -21.28% and -32.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.88 million and changing -1.69% at the moment leaves the stock -59.26% off its SMA200. TELL registered -71.29% loss for a year compared to 6-month loss of -72.51%.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
The stock witnessed a -35.91% gain in the last 1 month and extending the period to 3 months gives it a -45.79%, and is -17.73% 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 8.08% over the week and 7.84% over the month.
Tellurian Inc. (TELL) has around 171 employees, a market worth around $685.54M and $391.90M in sales. Profit margin for the company is -12.70%. Distance from 52-week low is 0.87% and -82.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.40%).
Tellurian Inc. (TELL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Tellurian Inc. (TELL) is a “Hold”. 7 analysts offering their recommendations for the stock have an average rating of 2.90, where 2 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 05/03/2023.The EPS is expected to grow by 66.40% this year.
Tellurian Inc. (TELL) Top Institutional Holders
The shares outstanding are 538.22M, and float is at 485.58M with Short Float at 17.57%.
Tellurian Inc. (TELL) Insider Activity
A total of 4 insider transactions have happened at Tellurian Inc. (TELL) in the last six months, with sales accounting for 4 and purchases happening 0 times. The most recent transaction is an insider sale by SOUKI CHARIF,the company’sExecutive Chairman. SEC filings show that SOUKI CHARIF sold 504,858 shares of the company’s common stock on Mar 09 at a price of $1.35 per share for a total of $0.68 million. Following the sale, the insider now owns 8.9 million shares.
Tellurian Inc. disclosed in a document filed with the SEC on Mar 08 that SOUKI CHARIF (Executive Chairman) sold a total of 310,381 shares of the company’s common stock. The trade occurred on Mar 08 and was made at $1.40 per share for $0.43 million. Following the transaction, the insider now directly holds 9.41 million shares of the TELL stock.
Still, SEC filings show that on Mar 07, SOUKI CHARIF (Executive Chairman) disposed off 500,664 shares at an average price of $1.44 for $0.72 million. The insider now directly holds 9,716,586 shares of Tellurian Inc. (TELL).
Tellurian Inc. (TELL): Who are the competitors?
The company’s main competitors (and peers) include Civitas Resources Inc. (CIVI) that is trading 27.94% up over the past 12 months and Barnwell Industries Inc. (BRN) that is -26.09% lower over the same period. Plains All American Pipeline L.P. (PAA) is 14.26% up on the 1-year trading charts.