Shares of Cloud Peak Energy Inc (NYSE:CLD) have been assigned an average rating of “Hold” from the twelve brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $5.29.

CLD has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Cloud Peak Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 20th. Stifel Nicolaus reaffirmed a “buy” rating and set a $6.00 price objective on shares of Cloud Peak Energy in a research report on Friday, July 21st. BMO Capital Markets set a $4.00 price objective on shares of Cloud Peak Energy and gave the stock a “hold” rating in a research report on Saturday, August 5th. ValuEngine cut shares of Cloud Peak Energy from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Finally, BidaskClub cut shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th.

A number of hedge funds and other institutional investors have recently bought and sold shares of CLD. State Street Corp raised its position in Cloud Peak Energy by 231.3% in the second quarter. State Street Corp now owns 1,329,134 shares of the mining company’s stock worth $4,691,000 after buying an additional 927,987 shares in the last quarter. Voya Investment Management LLC raised its position in Cloud Peak Energy by 55.2% in the second quarter. Voya Investment Management LLC now owns 87,872 shares of the mining company’s stock worth $310,000 after buying an additional 31,246 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Cloud Peak Energy by 17.1% in the second quarter. Dimensional Fund Advisors LP now owns 5,150,906 shares of the mining company’s stock worth $18,183,000 after buying an additional 751,657 shares in the last quarter. Renaissance Technologies LLC raised its position in Cloud Peak Energy by 21.0% in the second quarter. Renaissance Technologies LLC now owns 4,592,000 shares of the mining company’s stock worth $16,210,000 after buying an additional 796,400 shares in the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in Cloud Peak Energy by 43.0% in the second quarter. Parametric Portfolio Associates LLC now owns 376,732 shares of the mining company’s stock worth $1,330,000 after buying an additional 113,325 shares in the last quarter. Institutional investors own 81.08% of the company’s stock.

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Cloud Peak Energy (NYSE CLD) traded up 0.98% during mid-day trading on Friday, reaching $3.10. The company’s stock had a trading volume of 650,636 shares. The company’s 50-day moving average price is $3.50 and its 200 day moving average price is $4.03. Cloud Peak Energy has a 52 week low of $2.90 and a 52 week high of $8.03. The firm’s market capitalization is $232.91 million.

Cloud Peak Energy (NYSE:CLD) last issued its quarterly earnings results on Thursday, July 27th. The mining company reported ($0.04) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.04). Cloud Peak Energy had a negative net margin of 0.47% and a positive return on equity of 0.54%. The company had revenue of $229.20 million during the quarter, compared to analysts’ expectations of $236.94 million. During the same quarter last year, the company posted $0.48 EPS. The firm’s revenue was up 31.6% compared to the same quarter last year. On average, equities analysts forecast that Cloud Peak Energy will post ($0.49) earnings per share for the current fiscal year.

Cloud Peak Energy Company Profile

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

Analyst Recommendations for Cloud Peak Energy (NYSE:CLD)

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