ValuEngine lowered shares of Peabody Energy Corporation (NYSE:BTU) from a buy rating to a hold rating in a report issued on Thursday morning.

Several other equities analysts have also issued reports on the stock. FBR & Co lifted their price target on shares of Peabody Energy Corporation from $31.00 to $32.00 and gave the stock an outperform rating in a report on Wednesday, July 12th. MKM Partners reiterated a buy rating on shares of Peabody Energy Corporation in a research note on Tuesday, September 12th. Zacks Investment Research upgraded shares of Peabody Energy Corporation from a sell rating to a hold rating in a research note on Wednesday, July 26th. Stifel Nicolaus reiterated a hold rating and set a $32.00 price objective on shares of Peabody Energy Corporation in a research note on Sunday, September 10th. Finally, Macquarie assumed coverage on shares of Peabody Energy Corporation in a research note on Thursday, September 7th. They set a neutral rating and a $30.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of C$35.13.

Peabody Energy Corporation (NYSE BTU) traded up C$0.10 during midday trading on Thursday, reaching C$31.20. 203,951 shares of the company’s stock traded hands, compared to its average volume of 1,195,757. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.47 and a current ratio of 1.75. Peabody Energy Corporation has a fifty-two week low of C$22.58 and a fifty-two week high of C$32.50.

Peabody Energy Corporation (NYSE:BTU) last released its quarterly earnings results on Wednesday, October 25th. The company reported C$1.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$1.35 by C$0.14. Peabody Energy Corporation had a net margin of 4.60% and a return on equity of 19.92%. The business had revenue of C$1.48 billion for the quarter, compared to analyst estimates of C$1.50 billion. During the same period in the previous year, the company earned ($7.53) earnings per share. The business’s revenue for the quarter was up 22.4% on a year-over-year basis. sell-side analysts anticipate that Peabody Energy Corporation will post 9.62 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and international copyright and trademark law. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/11/13/valuengine-downgrades-peabody-energy-corporation-btu-to-hold.html.

In other news, major shareholder Discovery Capital Management, sold 12,800,000 shares of Peabody Energy Corporation stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of C$27.10, for a total transaction of C$346,880,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have bought 72,000 shares of company stock valued at $10,845 over the last quarter.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. South Dakota Investment Council acquired a new position in Peabody Energy Corporation during the second quarter valued at $14,308,000. TIAA CREF Investment Management LLC acquired a new position in Peabody Energy Corporation during the second quarter valued at $6,654,000. American Century Companies Inc. acquired a new position in Peabody Energy Corporation during the second quarter valued at $724,000. York Capital Management Global Advisors LLC acquired a new position in Peabody Energy Corporation during the second quarter valued at $5,863,000. Finally, Laurion Capital Management LP acquired a new position in Peabody Energy Corporation during the second quarter valued at $10,599,000. Institutional investors own 95.23% of the company’s stock.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Peabody Energy Corporation (NYSE:BTU)

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