Arch Coal, Inc. Class A (NASDAQ:ARCH) – Research analysts at FBR & Co increased their Q2 2017 earnings per share (EPS) estimates for shares of Arch Coal, Inc. Class A in a research note issued to investors on Monday. FBR & Co analyst L. Pipes now expects that the energy company will post earnings per share of $2.43 for the quarter, up from their prior forecast of $2.13. FBR & Co has a “Outperform” rating and a $105.00 price target on the stock. FBR & Co also issued estimates for Arch Coal, Inc. Class A’s Q4 2017 earnings at $1.27 EPS, Q1 2018 earnings at $0.76 EPS, Q2 2018 earnings at $0.83 EPS, Q3 2018 earnings at $1.24 EPS, Q4 2018 earnings at $1.16 EPS and FY2019 earnings at $3.75 EPS.

Several other equities analysts also recently issued reports on the company. Zacks Investment Research downgraded Arch Coal, Inc. Class A from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 11th. Stifel Nicolaus lowered their target price on Arch Coal, Inc. Class A from $96.00 to $92.00 and set a “buy” rating for the company in a research note on Friday, May 19th. Jefferies Group LLC set a $90.00 target price on Arch Coal, Inc. Class A and gave the company a “buy” rating in a research note on Thursday, June 1st. Finally, MKM Partners reissued a “buy” rating and issued a $89.00 target price (up from $86.00) on shares of Arch Coal, Inc. Class A in a research note on Tuesday, May 9th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Arch Coal, Inc. Class A presently has a consensus rating of “Buy” and an average target price of $91.67.

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Shares of Arch Coal, Inc. Class A (NASDAQ ARCH) opened at 75.07 on Wednesday. The stock has a 50 day moving average price of $68.85 and a 200 day moving average price of $70.76. Arch Coal, Inc. Class A has a one year low of $59.05 and a one year high of $86.47. The firm has a market cap of $1.88 billion and a price-to-earnings ratio of 1.14.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last announced its quarterly earnings data on Tuesday, May 2nd. The energy company reported $2.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.95 by $0.60. The firm had revenue of $600.97 million during the quarter, compared to analyst estimates of $590.60 million. The company’s quarterly revenue was up 40.4% compared to the same quarter last year. During the same quarter last year, the company earned ($9.71) EPS.

Large investors have recently made changes to their positions in the company. Ladenburg Thalmann Financial Services Inc. bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth approximately $107,000. Teachers Retirement System of The State of Kentucky bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth approximately $812,000. Numeric Investors LLC bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth approximately $289,000. Quadrature Capital Ltd bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth approximately $205,000. Finally, Brookfield Asset Management Inc. bought a new stake in shares of Arch Coal, Inc. Class A during the fourth quarter worth approximately $542,000.

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.

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

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