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Cloud Peak Energy (NYSE:CLD) reached a new 52-week low during mid-day trading on Wednesday after FBR Capital Markets lowered their price target on the stock from $25.00 to $21.00, StockRatingsNetwork reports. FBR Capital Markets currently has an outperform rating on the stock. Cloud Peak Energy traded as low as $14.06 and last traded at $14.16, with a volume of 877,608 shares trading hands. The stock had previously closed at $14.44.

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. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $20.56.

The stock’s 50-day moving average is $15.70 and its 200-day moving average is $18.45. The company has a market cap of $857.4 million and a P/E ratio of 62.24.

Cloud Peak Energy (NYSE:CLD) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted ($0.02) earnings per share. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. On average, analysts predict that Cloud Peak Energy will post $0.05 earnings per share for the current fiscal year.

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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