Cheniere(US:LNG) Zacks Investment Researchยท2024-01-30 00:01Company Overview - Cheniere Energy (LNG) closed at $166.61, reflecting a -0.66% change from the previous day's closing price, underperforming the S&P 500's 0.76% gain [1] - Over the past month, shares of Cheniere Energy have decreased by 1.75%, compared to a 2.82% loss in the Oils-Energy sector and a 2.5% gain in the S&P 500 [1] Upcoming Financial Results - Cheniere Energy is set to announce its earnings on February 22, 2024, with an expected EPS of $2.70, indicating an 82.89% decline from the same quarter last year [1] - The consensus estimate for revenue is $4.5 billion, representing a 50.5% drop compared to the year-ago quarter [1] Analyst Estimates and Rankings - Recent adjustments to analyst estimates for Cheniere Energy indicate a changing business landscape, with positive revisions seen as a favorable sign for the company's outlook [2] - The Zacks Consensus EPS estimate has decreased by 2.49% in the past month, and Cheniere Energy currently holds a Zacks Rank of 3 (Hold) [2] Valuation Metrics - Cheniere Energy has a Forward P/E ratio of 16.71, which is a premium compared to the industry average Forward P/E of 8.42 [3] - The company has a PEG ratio of 0.63, slightly below the industry average PEG ratio of 0.66 [3] Industry Context - The Oil and Gas - Exploration and Production - United States industry, which includes Cheniere Energy, has a Zacks Industry Rank of 249, placing it in the bottom 2% of over 250 industries [3] - The Zacks Industry Rank indicates that the top 50% of rated industries outperform the bottom half by a factor of 2 to 1 [4]