The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Tellurian Inc (AMEX: TELL) closed at $0.47 up 7.71% from its previous closing price of $0.43. In other words, the price has increased by $7.71 from its previous closing price. On the day, 19.08 million shares were traded. TELL stock price reached its highest trading level at $0.4835 during the session, while it also had its lowest trading level at $0.4292.
Ratios:
For a deeper understanding of Tellurian Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 365221056 and an Enterprise Value of 782601280. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 4.711 whereas that against EBITDA is -15.578.
Stock Price History:
The Beta on a monthly basis for TELL is 2.45, which has changed by -0.6569343 over the last 52 weeks, in comparison to a change of 0.22363698 over the same period for the S&P500. 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 -29.60%, while the 200-Day Moving Average is calculated to be -45.94%.
Shares Statistics:
For the past three months, TELL has traded an average of 40.24M shares per day and 32818540 over the past ten days. A total of 833.21M shares are outstanding, with a floating share count of 751.92M. Insiders hold about 9.76% of the company’s shares, while institutions hold 31.56% stake in the company. Shares short for TELL as of 1713139200 were 167801947 with a Short Ratio of 4.17, compared to 1710460800 on 128666494. Therefore, it implies a Short% of Shares Outstanding of 167801947 and a Short% of Float of 22.259999999999998.
Earnings Estimates
Current recommendations for the stock of the company come from 4.0 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 2.0 analysts recommending between -$0.03 and -$0.24.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $30.68M this quarter.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 $50.94MFor the next quarter, 3 analysts are estimating revenue of $30.7M. 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
