GTT Communications (GTT) Hit By KeyBanc Downgrade; Cheniere Energy (NYSEAMERICAN:LNG) Shorts Increased By 2.68%

January 18, 2018 - By Stephen Andrade

Among 8 analysts covering GTT Communications (NYSE:GTT), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. GTT Communications has $52.0 highest and $27 lowest target. $40.43’s average target is -7.06% below currents $43.5 stock price. GTT Communications had 18 analyst reports since August 7, 2015 according to SRatingsIntel. SunTrust maintained GTT Communications, Inc. (NYSE:GTT) rating on Friday, November 3. SunTrust has “Buy” rating and $38.0 target. As per Monday, October 12, the company rating was initiated by Cowen & Co. As per Thursday, August 3, the company rating was maintained by Jefferies. On Wednesday, September 16 the stock rating was maintained by Pacific Crest with “Overweight”. The rating was maintained by Jefferies with “Buy” on Monday, June 26. The firm has “Buy” rating given on Wednesday, October 18 by Cowen & Co. The firm has “Buy” rating by Jefferies given on Wednesday, October 25. The company was maintained on Tuesday, June 27 by Oppenheimer. As per Wednesday, December 20, the company rating was maintained by Oppenheimer. On Friday, August 7 the stock rating was maintained by Pacific Crest with “Overweight”.

Cheniere Energy Incorporated (NYSEAMERICAN:LNG) had an increase of 2.68% in short interest. LNG’s SI was 17.72 million shares in January as released by FINRA. Its up 2.68% from 17.26 million shares previously. With 1.56M avg volume, 11 days are for Cheniere Energy Incorporated (NYSEAMERICAN:LNG)’s short sellers to cover LNG’s short positions. The SI to Cheniere Energy Incorporated’s float is 10.04%. The stock decreased 0.14% or $0.08 during the last trading session, reaching $55.73. About 1.83 million shares traded. Cheniere Energy, Inc. (NYSEAMERICAN:LNG) has risen 51.31% since January 18, 2017 and is uptrending. It has outperformed by 34.61% the S&P500.

The stock increased 2.23% or $0.95 during the last trading session, reaching $43.5. About 179,334 shares traded. GTT Communications, Inc. (NYSE:GTT) has risen 78.59% since January 18, 2017 and is uptrending. It has outperformed by 61.89% the S&P500.

GTT Communications, Inc. provides cloud networking services to multinational enterprises, carriers, and government clients worldwide. The company has market cap of $1.89 billion. It offers private, public, and hybrid cloud network solutions; high bandwidth-Internet connectivity and IP transit, as well as broadband and wireless access services; managed equipment, security, and remote access services; and voice and unified communications services consisting of SIP trunking and enterprise PBX services. It currently has negative earnings. The companyÂ’s IP network consists of approximately 250 points of presence.

Analysts await GTT Communications, Inc. (NYSE:GTT) to report earnings on March, 14. They expect $-0.13 EPS, down 550.00% or $0.11 from last year’s $-0.02 per share. After $0.04 actual EPS reported by GTT Communications, Inc. for the previous quarter, Wall Street now forecasts -425.00% negative EPS growth.

Cheniere Energy, Inc., an energy company, engages in the liquefied natural gas related businesses in the United States. The company has market cap of $13.25 billion. It operates through two divisions, LNG Terminal Business, and LNG and Natural Gas Marketing Business. It currently has negative earnings. The firm owns and operates Sabine Pass LNG terminal in western Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas.

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