Peabody Energy (NYSE:BTU) Posts Earnings Results, Beats Expectations By $0.20 EPS

Peabody Energy (NYSE:BTU) announced its quarterly earnings results on Tuesday. The coal producer reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.20, Zacks reports. Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. During the same period in the prior year, the business posted $0.30 EPS. The company’s revenue for the quarter was down 4.7% on a year-over-year basis.

Peabody Energy Trading Up 6.7 %

NYSE BTU traded up $0.90 on Tuesday, reaching $14.43. The company had a trading volume of 4,696,814 shares, compared to its average volume of 3,295,836. Peabody Energy has a 52 week low of $9.61 and a 52 week high of $29.94. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 5.35 and a beta of 0.49. The stock’s 50 day moving average is $12.86 and its 200-day moving average is $18.41.

Peabody Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Thursday, May 15th will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.08%. Peabody Energy’s dividend payout ratio (DPR) is 11.11%.

Wall Street Analyst Weigh In

BTU has been the topic of a number of research analyst reports. B. Riley lowered their price objective on shares of Peabody Energy from $27.00 to $19.00 and set a “buy” rating on the stock in a research note on Friday, April 11th. Jefferies Financial Group dropped their price target on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Finally, Benchmark lowered their price target on Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, February 7th.

Peabody Energy Company Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.