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Research analysts at FBR Capital Markets lowered their price objective on shares of Cloud Peak Energy (NYSE:CLD) from $25.00 to $21.00 in a report released on Wednesday. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ target price suggests a potential upside of 45.43% from the company’s current price.

Cloud Peak Energy (NYSE:CLD) opened at 14.44 on Wednesday. Cloud Peak Energy has a 52-week low of $14.17 and a 52-week high of $22.43. The stock has a 50-day moving average of $15.70 and a 200-day moving average of $18.45. The company has a market cap of $873.7 million and a P/E ratio of 67.72.

Cloud Peak Energy (NYSE:CLD) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.01 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.02. The company had revenue of $320.85 million for the quarter, compared to the consensus estimate of $333.90 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. The company’s quarterly revenue was down 2.8% on a year-over-year basis. On average, analysts predict that Cloud Peak Energy will post $0.04 earnings per share for the current fiscal year.

Separately, analysts at Cowen and Company cut their price target on shares of Cloud Peak Energy from $24.00 to $20.00 in a research note on Wednesday, July 30th. They now have an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $21.00.

Cloud Peak Energy Inc (NYSE:CLD) is a holding company that manages its wholly owned subsidiary Cloud Peak Energy Resources LLC (CPE Resources).

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