Is Now The Right Time To Bet On Tellurian Inc. (TELL)?

Tellurian Inc. (TELL) shares saw a recent bid of $10.82 and 848.13TH shares have exchanged hands in the recent trading session, yielding a -7.52% decline over the past week. The stock price increased 4.34% or $-0.45 versus $10.37 at the end of the prior session. This change led market cap to move at $2.20B, putting the price -50.23% below the 52-week high and 874.77% above the 52-week low. The company’s stock has a normal trading capacity of 746.06K shares while the relative volume is 1.14.

By historical standards, Tellurian Inc. remains a cheap stock. The company’s current price-earnings ratio amounts above the average P/E ratio of 20.97 times earnings. Over the short term, some market observers may have noticed that Tellurian Inc. has a 8.62% short float with 15 days to cover. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Tellurian Inc. has far performed well this year, with the share price down -3.82% since January. Over the past 2 quarters, the stock is up 75.93%, compared with a fall of nearly -11.60% for 3 months and about -2.35% for the past 30 days.

Last time, the company shocked Wall Street by reporting EPS of $0.14, smashing the consensus of $-0.26 per share. Revenue for the quarter also killed consensus, coming in at $0.92M, compared to the consensus of 0.7M. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.14. The company is expected to report EPS as high as $0.40 and as low as $-153.85 per share. Similarly, full-year EPS forecasts have ranged between $-29.41 and $0.20. The mean EPS estimate is $-0.48. On the other side, sales forecasts for the current quarter are $0.92M. The stock is expected to report revenue as high as $0.22M and as low as $30.86M per share. Similarly, full-year sales forecasts have ranged between $2.69M and $0.03M. The mean revenue estimate is $1.26M.

Over the last 5 years, Tellurian Inc. has averaged a 49.00% YoY EPS growth rate. Analysts are expecting EPS growth rates to be at 95.80% this quarter.

Sell-side analysts also have something to say about this company.

Is Now The Right Time To Bet On Tellurian Inc. (TELL)? was last modified: June 14th, 2017 by Caleb Gerald
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