Venture Global (NYSE:VG) Earns Market Perform Rating from Sanford C. Bernstein

Venture Global (NYSE:VG)‘s stock had its “market perform” rating restated by stock analysts at Sanford C. Bernstein in a report released on Friday, Benzinga reports. They currently have a $14.00 price target on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 10.44% from the company’s previous close.

VG has been the topic of a number of other research reports. Mizuho raised their price target on shares of Venture Global from $13.00 to $15.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. The Goldman Sachs Group reissued a “buy” rating on shares of Venture Global in a report on Friday, October 9th. Royal Bank Of Canada restated an “outperform” rating on shares of Venture Global in a research report on Wednesday, October 7th. Scotiabank increased their price objective on shares of Venture Global from $15.00 to $16.00 and gave the company a “sector perform” rating in a research report on Thursday, September 10th. Finally, Weiss Ratings upgraded shares of Venture Global from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, September 28th. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.13.

Venture Global Stock Performance

Shares of NYSE:VG traded up $0.18 during midday trading on Friday, reaching $12.68. 22,589,367 shares of the company’s stock traded hands, compared to its average volume of 17,930,162. The company has a market cap of $31.69 billion, a price-to-earnings ratio of 9.98, a P/E/G ratio of 1.60 and a beta of 0.35. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.11 and a current ratio of 1.19. Venture Global has a one year low of $5.72 and a one year high of $17.62. The stock has a 50 day moving average of $13.90 and a 200 day moving average of $13.19.

Venture Global (NYSE:VG) last released its quarterly earnings data on Monday, August 10th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.50 by $0.01. Venture Global had a return on equity of 34.08% and a net margin of 21.24%. The company had revenue of $4.58 billion during the quarter. As a group, equities research analysts anticipate that Venture Global will post 1.73 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, VP Fory Musser sold 447,534 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $14.02, for a total value of $6,274,426.68. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Jonathan W. Thayer sold 111,111 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $14.40, for a total transaction of $1,599,998.40. The SEC filing for this sale provides additional information. In the last three months, insiders sold 2,493,553 shares of company stock valued at $35,242,247. 84.24% of the stock is currently owned by company insiders.

Institutional Trading of Venture Global

Large investors have recently added to or reduced their stakes in the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in Venture Global by 10.1% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 17,587 shares of the company’s stock worth $222,000 after purchasing an additional 1,618 shares during the period. Sanders Morris Harris LLC purchased a new position in Venture Global during the third quarter valued at $127,000. Courier Capital LLC grew its holdings in Venture Global by 92.9% during the third quarter. Courier Capital LLC now owns 39,592 shares of the company’s stock valued at $500,000 after purchasing an additional 19,071 shares during the period. Farther Finance Advisors LLC grew its holdings in Venture Global by 17.1% during the third quarter. Farther Finance Advisors LLC now owns 128,183 shares of the company’s stock valued at $1,620,000 after purchasing an additional 18,699 shares during the period. Finally, Artemis Investment Management LLP increased its position in Venture Global by 754.3% in the third quarter. Artemis Investment Management LLP now owns 7,143,406 shares of the company’s stock worth $90,293,000 after buying an additional 6,307,200 shares in the last quarter.

Trending Headlines about Venture Global

Here are the key news stories impacting Venture Global this week:

• Positive Sentiment: Power deals broaden growth prospects: Venture Global announced agreements with GE Vernova and Baker Hughes to support gas-fired power generation. The company intends to use this infrastructure for LNG expansion and potentially to supply electricity to AI-focused data centers, creating exposure to rising demand for reliable power. Reuters article
• Positive Sentiment: AI power strategy attracts investor interest: Reports said Venture Global is pursuing on-site power plants for data centers, positioning its natural-gas assets to benefit from the AI-driven electricity demand boom. The strategy helped support the stock as investors considered possible new revenue streams. Wall Street Journal article
• Positive Sentiment: Analyst sees moderate upside: Sanford C. Bernstein reaffirmed its “market perform” rating while setting a $14.00 price target, implying approximately 10.4% upside from the referenced price. The target is supportive, though the unchanged rating signals limited conviction for significant outperformance.
• Neutral Sentiment: Insider activity reported: A top executive made a significant transaction involving Venture Global stock on October 15. The available report does not specify whether the transaction was a purchase or sale, limiting its immediate interpretive value. TipRanks insider trading article
• Negative Sentiment: Contract economics remain a risk: One analysis argued that Venture Global may need higher LNG fees than its existing contracts provide, raising concerns about margins, cash flow and the profitability of its long-term agreements. Seeking Alpha article

Venture Global Company Profile

Venture Global, Inc (NYSE:VG) is a U.S. liquefied natural gas (LNG) company that develops, constructs, owns and operates LNG export facilities. The company’s business includes sourcing natural gas, processing and liquefying it, and delivering LNG to customers in international energy markets.

Venture Global’s principal operations are located along the U.S. Gulf Coast in Louisiana. Its Calcasieu Pass LNG facility began producing LNG in 2022, and the company is also developing the Plaquemines LNG facility near Port Sulphur, Louisiana.