Peabody Energy Co. (NYSE:BTU) – Equities research analysts at FBR & Co issued their Q1 2017 earnings per share (EPS) estimates for shares of Peabody Energy in a report issued on Tuesday. FBR & Co analyst L. Pipes forecasts that the coal producer will post earnings per share of $1.97 for the quarter. FBR & Co currently has a “Outperform” rating and a $34.00 target price on the stock. FBR & Co also issued estimates for Peabody Energy’s Q2 2017 earnings at $1.08 EPS, Q3 2017 earnings at $0.97 EPS, Q4 2017 earnings at $0.86 EPS, FY2017 earnings at $5.19 EPS, Q1 2018 earnings at $0.38 EPS, Q2 2018 earnings at $0.40 EPS, Q3 2018 earnings at $0.45 EPS, Q4 2018 earnings at $0.41 EPS, FY2018 earnings at $1.65 EPS and FY2019 earnings at $0.91 EPS.
A number of other research firms have also recently issued reports on BTU. Seaport Global Securities began coverage on Peabody Energy in a research note on Friday, April 7th. They set a “neutral” rating for the company. Stifel Nicolaus began coverage on Peabody Energy in a research note on Wednesday, April 5th. They set a “hold” rating and a $29.00 target price for the company. Finally, Clarkson Capital reissued a “buy” rating and set a $44.00 target price on shares of Peabody Energy in a research note on Sunday, April 2nd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Peabody Energy currently has an average rating of “Hold” and an average price target of $32.25.
Shares of Peabody Energy (NYSE:BTU) opened at 25.00 on Friday. The company has a 50-day moving average of $26.44 and a 200 day moving average of $26.44. Peabody Energy has a 12 month low of $22.61 and a 12 month high of $32.50. The company’s market capitalization is $462.28 million.
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In other news, major shareholder Associates L.P. Elliott purchased 262,071 shares of Peabody Energy stock in a transaction on Wednesday, April 19th. The stock was purchased at an average price of $24.30 per share, with a total value of $6,368,325.30. Following the transaction, the insider now directly owns 1,477,659 shares in the company, valued at approximately $35,907,113.70. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.
Peabody Energy Company Profile
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. Its Powder River Basin Mining operations consist of its mines in Wyoming.
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