Peabody Energy Co. (NYSE:BTU) – B. Riley dropped their FY2020 earnings per share estimates for Peabody Energy in a note issued to investors on Thursday. B. Riley analyst L. Pipes now anticipates that the coal producer will post earnings per share of $2.26 for the year, down from their prior estimate of $2.84. B. Riley has a “Buy” rating and a $49.00 price objective on the stock.

Peabody Energy (NYSE:BTU) last announced its quarterly earnings results on Wednesday, February 7th. The coal producer reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.19. Peabody Energy had a return on equity of 32.83% and a net margin of 14.41%. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the business earned ($10.53) EPS. Peabody Energy’s revenue was up 5.3% compared to the same quarter last year.

A number of other research analysts also recently issued reports on the company. Zacks Investment Research upgraded Peabody Energy from a “hold” rating to a “strong-buy” rating and set a $44.00 price target on the stock in a report on Tuesday, December 26th. ValuEngine downgraded Peabody Energy from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Jefferies Group upgraded Peabody Energy to a “buy” rating and boosted their price target for the company from $38.00 to $43.00 in a report on Tuesday, December 5th. Finally, Stifel Nicolaus restated a “hold” rating and set a $43.00 price target on shares of Peabody Energy in a report on Tuesday, January 16th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $41.20.

Shares of Peabody Energy (NYSE BTU) traded up $1.20 during trading hours on Monday, reaching $39.94. The company had a trading volume of 1,468,214 shares, compared to its average volume of 1,114,552. Peabody Energy has a 52 week low of $22.58 and a 52 week high of $41.17. The stock has a market cap of $4,050.00 and a P/E ratio of 3.97. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.53 and a current ratio of 1.76.

The company also recently announced a Not Available dividend, which will be paid on Monday, March 5th. Shareholders of record on Monday, February 19th will be issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a dividend yield of 0.00296468161897396%.

Hedge funds have recently bought and sold shares of the business. Ameritas Investment Partners Inc. purchased a new position in shares of Peabody Energy during the 2nd quarter worth approximately $105,000. SG Americas Securities LLC purchased a new position in shares of Peabody Energy during the 4th quarter worth approximately $110,000. New York State Teachers Retirement System purchased a new position in shares of Peabody Energy during the 3rd quarter worth approximately $125,000. Meeder Asset Management Inc. grew its holdings in shares of Peabody Energy by 147.2% during the 4th quarter. Meeder Asset Management Inc. now owns 3,624 shares of the coal producer’s stock worth $142,000 after acquiring an additional 2,158 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Peabody Energy during the 4th quarter worth approximately $179,000. Hedge funds and other institutional investors own 94.33% of the company’s stock.

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Peabody Energy Company Profile

Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.

Earnings History and Estimates for Peabody Energy (NYSE:BTU)

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