The closing price of Tellurian Inc (AMEX: TELL) was $0.56 for the day, down -3.75% from the previous closing price of $0.58. In other words, the price has decreased by -$0.0219 from its previous closing price. On the day, 24913795 shares were traded. TELL stock price reached its highest trading level at $0.5895 during the session, while it also had its lowest trading level at $0.5450.
Ratios:
Our analysis of TELL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.66. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.79.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on February 14, 2023, Downgraded its rating to Underperform and sets its target price to $1.50 from $4 previously.
On August 09, 2022, BofA Securities Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $6.50 to $4.50.
Evercore ISI Downgraded its Outperform to In-line on August 02, 2022, whereas the target price for the stock was revised from $7.50 to $4.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 15 ’23 when GROSS JONATHAN S bought 120,000 shares for $0.67 per share. The transaction valued at 80,400 led to the insider holds 460,000 shares of the business.
GROSS JONATHAN S bought 100,000 shares of TELL for $61,000 on Nov 07 ’23. The Director now owns 340,000 shares after completing the transaction at $0.61 per share. On Jun 30 ’23, another insider, GROSS JONATHAN S, who serves as the Director of the company, bought 100,000 shares for $1.38 each. As a result, the insider paid 138,000 and bolstered with 240,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TELL now has a Market Capitalization of 439.55M and an Enterprise Value of 851.38M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 5.12 whereas that against EBITDA is -17.13.
Stock Price History:
Over the past 52 weeks, TELL has reached a high of $1.75, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is 0.6792, while the 200-Day Moving Average is calculated to be 0.9272.
Shares Statistics:
TELL traded an average of 38.56M shares per day over the past three months and 39.66M shares per day over the past ten days. A total of 782.39M shares are outstanding, with a floating share count of 706.06M. Insiders hold about 9.76% of the company’s shares, while institutions hold 33.63% stake in the company. Shares short for TELL as of Mar 15, 2024 were 128.67M with a Short Ratio of 3.34, compared to 125.65M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.45% and a Short% of Float of 17.07%.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.07, while EPS last year was -$0.05. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.05 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.14 and -$0.26 for the fiscal current year, implying an average EPS of -$0.21. EPS for the following year is -$0.13, with 2 analysts recommending between -$0.03 and -$0.24.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $32.4M to a low estimate of $28M. As of the current estimate, Tellurian Inc’s year-ago sales were $50.94M, an estimated decrease of -39.80% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $30.7M, a decrease of -3.80% over than the figure of -$39.80% in the same quarter last year. There is a high estimate of $33.81M for the next quarter, whereas the lowest estimate is $27.5M.
A total of 3 analysts have provided revenue estimates for TELL’s current fiscal year. The highest revenue estimate was $141.36M, while the lowest revenue estimate was $63.3M, resulting in an average revenue estimate of $104.8M. In the same quarter a year ago, actual revenue was $166.13M, down -36.90% from the average estimate.
