Peabody Energy Corp. Sees Unusually Large Options Volume (BTU)
Shares of Peabody Energy Corp. (NYSE:BTU) saw some unusual options trading activity on Wednesday. Traders purchased 7,523 put options on the company, American Banking and Market News reports. This represents an increase of 152% compared to the typical volume of 2,982 put options.
A number of analysts have recently weighed in on BTU shares. Analysts at Macquarie initiated coverage on shares of Peabody Energy Corp. (NYSE:BTU) in a research note to investors on Friday, September 6th. They set a “neutral” rating on the stock. Separately, analysts at TheStreet downgraded shares of Peabody Energy Corp. (NYSE:BTU) from a “hold” rating to a “sell” rating in a research note to investors on Wednesday, August 14th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Peabody Energy Corp. (NYSE:BTU) in a research note to investors on Thursday, July 25th. They now have a $17.00 price target on the stock.
Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company’s stock. Peabody Energy Corp. currently has an average rating of “Hold” and an average target price of $25.35.
Shares of Peabody Energy Corp. (NYSE:BTU) traded down 0.43% on Wednesday, hitting $18.69. The stock had a trading volume of 7,342,485 shares. Peabody Energy Corp. has a 1-year low of $14.34 and a 1-year high of $29.84. The stock has a 50-day moving average of $17.19 and a 200-day moving average of $18.66. The company’s market cap is $5.043 billion.
Peabody Energy Corp. (NYSE:BTU) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.05) by $0.38. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter last year, the company posted $0.51 earnings per share. Peabody Energy Corp.’s revenue was down 12.9% compared to the same quarter last year. Analysts expect that Peabody Energy Corp. will post $0.14 EPS for the current fiscal year.
Peabody Energy Corporation (NYSE:BTU) is a private-sector coal company.
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