Research Analysts Set Expectations for Peabody Energy Corporation's Q3 2017 Earnings (BTU)

Claudine Rigal
Août 12, 2017

In the latest earnings report the EPS was $-6.27 and is expected to be $5.56 for the current year with 96,800,000 shares now outstanding. The number of shares now owned by investors are 363.6 mln. The stock presently has a consensus rating of "Buy" and a consensus target price of $35.57.

Peabody Energy Corporation (NYSE:BTU) last posted its quarterly earnings results on Tuesday, August 1st. Analysts expect next quarter's EPS to be $0.91 with next year's EPS anticipated to be $2.22. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. The firm's revenue was up 21.0% on a year-over-year basis.

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A number of equities research analysts have recently issued reports on the company.

In other Peabody Energy Corporation news, major shareholder Associates L.P. Elliott purchased 24,045 shares of the stock in a transaction that occurred on Friday, June 2nd. Stifel Nicolaus reaffirmed a "hold" rating and issued a $29.00 price objective on shares of Peabody Energy Corporation in a report on Wednesday, April 19th. Stifel Nicolaus set a $32.00 price target on Peabody Energy Corporation and gave the company a "hold" rating in a research report on Wednesday. The firm has "Underweight" rating by BB&T Capital given on Tuesday, February 16. They issued a "buy" rating and a $53.00 price objective for the company.

According to the latest research reports released, 1 analyst has issued a rating of "buy", 4 analysts "outperform", 1 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". It opened the session with a $93.98 price tag, later ranging from $93.84 to $94.33, the range at which the stock has traded at throughout the day.

01/12/2016 - Peabody Energy Corporation was downgraded to " by analysts at Jefferies. The stock has a 50 day moving average price of $24.67 and a 200 day moving average price of $24.92. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The company had a trading volume of 1,724,397 shares. The 50 day moving average moved up $2.94 and the 200 day average went up $3.24 or +12.85%. Following the completion of the acquisition, the insider now directly owns 689,410 shares of the company's stock, valued at $16,194,240.90. The disclosure for this purchase can be found here.

Peabody Energy Corporation (NYSE BTU) traded down 1.78% on Friday, reaching $28.22.

A number of hedge funds and other institutional investors have recently modified their holdings of BTU. TD Asset Management Inc. acquired a new position in shares of Peabody Energy Corporation during the second quarter valued at about $11,766,000.

10/28/2015 - Peabody Energy Corporation had its " rating reiterated by analysts at Cowen. Finally, Strs Ohio acquired a new position in shares of Peabody Energy Corporation during the second quarter valued at about $933,000. JB Investments Management LLC bought a new position in Peabody Energy Corporation during the second quarter worth $37,940,000.

Peabody Energy Corporation is a coal company. The Company's segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other.

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