Why Tellurian Inc. (NASDAQ:TELL) Is A Stock To Set Your Sights On

Tellurian Inc. (NASDAQ: TELL) was one of the biggest movers in the recent trading session, with the company’s stock currently changing hands at 0.53 points up or 7.43% higher on the previous close. So what do we make of this stock that is clearly one of the hottest on the market now? The TELL stock is trading at $7.66 from a close of $7.13 on 01/15/20. The day’s price range saw the stock hit a low of $6.80, while the highest price level was $7.75 during the intraday trading.

Is the TELL stock going to continue the plunge or will it steady in coming sessions to climb above its 5-day high price of $7.75. Tellurian Inc. (NASDAQ: TELL) has a 52-week price range of between $5.12 and $11.80. Notably, the reduced performance in the current session comes on the back of condensed market activity for the stock, as its daily trading volume to 3525857, compared to its 3-months daily average volume of 844.59K. In comparison, the average volume for the last 50 days stands at 910,820.

What about the stock’s price forecasts? TELL had 8 analysts who offered their 12-month price predictions for the Tellurian Inc. shares. The group has given the stock a consensus price target of $10.94, with the lowest forecast being put at $6.00. The highest estimate by the 8 analysts is $20.00. The median price target estimate of $10.00 for the stock represents a 23.4% jump in value from the previous price of $7.66. Looking at the 52-week price ranges, the stock’s current price level is 49.61% from its 52-week high price and -35.08% down from its 52-week low in the same period.

Tellurian Inc. shares have surged 10.06% over the past week, but its 1-month performance is in the green at 16.59%. Its performance in the current quarter is down -9.03%, while that figure shoots to 14.84% over the past half-year period. Further, we see that the stock’s 12-month charts show that it has lost by -2.54%, with the year-to-date prices up by 5.22%.

The company has a market cap of 1.89 billion and a return on assets (ROA) of -36.30%. In gauging how profitable company analysts and investors look at the respective company’s ROA, with returns above 5% generally regarded as good. Also important is the company’s return on equity (ROE), with TELL’s at -57.20% indicating that the management is able to generate impressive income with whatever equity at their disposal. If you put your money on this stock, then a forecast ROI is at -35.90%.

But what do Wall Street analysts tracking this stock recommend, given that it has 246.85 million shares outstanding? 8 analysts polled have a consensus recommendation rating of 3.82, indicating that TELL is a Overweight stock at the moment. This mean rating was at 4.10 a month ago. Morgan Stanley called it a Underweight stock on September 20, 2019, while Evercore ISI rated it a Outperform in its note released on September 18, 2019. Of the 8 analysts, 1 analysts rate the TELL stock as Overweight, while 3 of them rated it as a Hold. 3 analysts rate Tellurian Inc. as a Buy, while 0 suggested its Underweight. Only 1 analyst advised investors to sell.

Let’s glean at the company’s earnings forecasts for the current quarter and annual growth estimate for the next 5-year period. The analyst forecasts for this stock’s earnings per share (EPS) for the current quarter (Dec 2019) ranged from a low of -$0.28 per share to -$0.06 per share. The average estimate by the 11 analysts for the TELL shares was -$0.15 a share, while the company’s last-quarter results returned an EPS of -$0.14. Looking at the current EPS trends, seven days ago, TELL had its Dec 2019 estimates at -$0.15 per share while the stock’s EPS was forecasted at the -$0.15, a month ago. However, the company’s EPS growth for this quarter stands at -7.10%, while that growth rate for the next fiscal quarter is forecasted at 31.20%. The annual earnings per share growth for the next five years is estimated to be 31.10%, which compares to the -6.42% recorded in the past five-year period.

Let’s briefly check out revenue growth estimates for the company, which is put at 562.40% in the current quarter. However, the next quarter should see net revenue growth of over 415.70%, with analysts forecasting the company’s 12-month growth estimates at 425.90%. 8 analysts have forecast that Tellurian Inc. will see its revenue growth net between $4.2 million and $35.17 million for the current quarter. The next quarter should see revenue returns of between $5 million and $61.91 million.The average revenue for the quarter is expected at $12.4 million, while for the next quarter, it jumps to $34.5 million. Sales growth for the year are estimated at 425.90%.