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Cheniere Energy Inc. (LNG) Looks Ready for Growth Despite -5.52% Change This Year

Cheniere Energy Inc. (NYSE: LNG) is -5.52% lower on its value in year-to-date trading and has touched a low of $135.30 and a high of $183.46 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 LNG stock was last observed hovering at around $161.14 in the last trading session, with the day’s gains setting it 0.14%.

Currently trading at $161.28, the stock is 2.23% and 1.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing 0.09% at the moment leaves the stock -1.40% off its SMA200. LNG registered 5.05% gain for a year compared to 6-month loss of -2.53%. The firm has a 50-day simple moving average (SMA 50) of $2.97 and a 200-day simple moving average (SMA200) of $3.58.

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The stock witnessed a 5.49% gain in the last 1 month and extending the period to 3 months gives it a -5.88%, and is 1.00% up 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 0.99% over the week and 1.54% over the month.

Cheniere Energy Inc. (LNG) has around 1605 employees, a market worth around $37.85B and $20.24B in sales. Current P/E ratio is 3.98 and Fwd P/E is 15.52. Profit margin for the company is 48.82%. Distance from 52-week low is 19.20% and -12.09% from its 52-week high. The company has generated returns on investments over the last 12 months (31.98%).

Cheniere Energy Inc. quarterly earnings per share for the current quarter are estimated at $2.28 with sales reaching $4.14B over the same period.The EPS is expected to shrink by -78.63% this year, but quarterly earnings will post -19.00% year-over-year. Quarterly sales are estimated to shrink -43.40% in year-over-year returns.

Cheniere Energy Inc. (LNG) Top Institutional Holders

1,381 institutions hold shares in Cheniere Energy Inc. (LNG), with institutional investors hold 89.89% of the company’s shares. The shares outstanding are 237.90M, and float is at 231.23M with Short Float at 1.28%. Institutions hold 89.28% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 22.56 million shares valued at $3.44 billion. The investor’s holdings represent 9.38% of the LNG Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 22.42 million shares valued at $3.42 billion to account for 9.32% of the shares outstanding. The other top investors are FMR, LLC which holds 10.32 million shares representing 4.29% and valued at over $1.57 billion, while JP Morgan Chase & Company holds 2.89% of the shares totaling 6.95 million with a market value of $1.06 billion.

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