Stifel Nicolaus set a $6.00 target price on Cloud Peak Energy Inc (NYSE:CLD) in a report issued on Friday. The brokerage currently has a buy rating on the mining company’s stock.

Other equities research analysts have also recently issued research reports about the company. MKM Partners reiterated a neutral rating and set a $4.00 price objective (down previously from $6.00) on shares of Cloud Peak Energy in a research note on Wednesday, May 10th. BidaskClub cut Cloud Peak Energy from a hold rating to a sell rating in a research note on Tuesday, July 25th. ValuEngine cut Cloud Peak Energy from a buy rating to a hold rating in a research note on Friday, July 28th. Zacks Investment Research cut Cloud Peak Energy from a hold rating to a strong sell rating in a research note on Tuesday, May 23rd. Finally, BMO Capital Markets set a $4.00 price objective on Cloud Peak Energy and gave the stock a hold rating in a research note on Tuesday, July 4th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $5.41.

Cloud Peak Energy (NYSE CLD) opened at 3.07 on Friday. The firm’s market cap is $230.65 million. The company’s 50-day moving average is $3.34 and its 200 day moving average is $3.88. Cloud Peak Energy has a 12 month low of $2.78 and a 12 month high of $8.03.

Cloud Peak Energy (NYSE:CLD) last announced its quarterly earnings data on Thursday, July 27th. The mining company reported ($0.04) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.04). Cloud Peak Energy had a positive return on equity of 0.54% and a negative net margin of 0.47%. The company had revenue of $229.20 million for the quarter, compared to analysts’ expectations of $236.94 million. During the same quarter in the prior year, the business posted $0.48 EPS. The business’s revenue was up 31.6% compared to the same quarter last year. On average, equities research analysts predict that Cloud Peak Energy will post ($0.49) earnings per share for the current year.

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Hedge funds and other institutional investors have recently modified their holdings of the stock. Parametric Portfolio Associates LLC raised its position in shares of Cloud Peak Energy by 31.2% in the first quarter. Parametric Portfolio Associates LLC now owns 263,407 shares of the mining company’s stock worth $1,206,000 after buying an additional 62,612 shares in the last quarter. Advantage Investment Management LLC raised its position in shares of Cloud Peak Energy by 6.5% in the first quarter. Advantage Investment Management LLC now owns 73,739 shares of the mining company’s stock worth $338,000 after buying an additional 4,508 shares in the last quarter. TFS Capital LLC purchased a new position in shares of Cloud Peak Energy during the first quarter worth approximately $132,000. Ameriprise Financial Inc. raised its position in shares of Cloud Peak Energy by 55.1% in the first quarter. Ameriprise Financial Inc. now owns 476,591 shares of the mining company’s stock worth $2,183,000 after buying an additional 169,338 shares in the last quarter. Finally, Texas Permanent School Fund raised its position in shares of Cloud Peak Energy by 21.1% in the first quarter. Texas Permanent School Fund now owns 54,276 shares of the mining company’s stock worth $249,000 after buying an additional 9,453 shares in the last quarter. 81.14% of the stock is currently owned by hedge funds and other institutional investors.

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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