Arch Coal, Inc. Class A (NASDAQ:ARCH) – Equities researchers at FBR & Co decreased their FY2019 EPS estimates for Arch Coal, Inc. Class A in a report released on Wednesday. FBR & Co analyst L. Pipes now anticipates that the energy company will post earnings of $5.04 per share for the year, down from their prior estimate of $5.14. FBR & Co currently has a “Outperform” rating and a $103.00 target price on the stock.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last posted its earnings results on Wednesday, February 8th. The energy company reported $1.65 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.13 by $1.52. The firm had revenue of $575.69 million for the quarter, compared to the consensus estimate of $556.23 million. The firm’s revenue was down 58.8% on a year-over-year basis.

ILLEGAL ACTIVITY WARNING: This piece was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/04/21/fy2019-earnings-estimate-for-arch-coal-inc-class-a-arch-issued-by-fbr-co.html.

Earnings History and Estimates for Arch Coal, Inc. Class A (NASDAQ:ARCH)

ARCH has been the topic of several other research reports. Jefferies Group LLC assumed coverage on shares of Arch Coal, Inc. Class A in a research report on Friday, February 17th. They issued a “buy” rating and a $90.00 price target on the stock. Zacks Investment Research cut shares of Arch Coal, Inc. Class A from a “buy” rating to a “hold” rating in a research report on Tuesday, January 3rd. Finally, MKM Partners set a $98.00 price objective on shares of Arch Coal, Inc. Class A and gave the company a “buy” rating in a research report on Sunday, January 8th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Arch Coal, Inc. Class A has an average rating of “Buy” and a consensus price target of $92.67.



Arch Coal, Inc. Class A (NASDAQ:ARCH) traded down 0.97% during mid-day trading on Friday, reaching $70.55. 258,486 shares of the company were exchanged. The stock has a market capitalization of $1.76 billion and a price-to-earnings ratio of 1.24. The stock has a 50 day moving average of $69.50 and a 200-day moving average of $72.14. Arch Coal, Inc. Class A has a one year low of $59.05 and a one year high of $86.47.

In other news, VP Kenneth D. Cochran sold 663 shares of the business’s stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $71.42, for a total transaction of $47,351.46. Following the completion of the sale, the vice president now directly owns 1,234 shares of the company’s stock, valued at $88,132.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John A. Ziegler sold 515 shares of the business’s stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $71.42, for a total transaction of $36,781.30. Following the sale, the insider now directly owns 961 shares of the company’s stock, valued at $68,634.62. The disclosure for this sale can be found here. Insiders have sold 4,412 shares of company stock worth $315,105 in the last quarter.

Hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth about $3,757,000. State Street Corp bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth about $1,405,000. Alken Asset Management Ltd. bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth about $48,592,000. TCW Group Inc. bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth about $1,069,000. Finally, Federated Investors Inc. PA bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth about $3,044,000.

About Arch Coal, Inc. Class A

Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.

5 Day Chart for NASDAQ:ARCH

Receive News & Stock Ratings for Arch Coal Inc. Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arch Coal Inc. Class A and related stocks with our FREE daily email newsletter.