Cloud Peak Energy Inc (NYSE:CLD) – Equities research analysts at FBR & Co increased their Q2 2017 EPS estimates for Cloud Peak Energy in a report released on Tuesday. FBR & Co analyst L. Pipes now expects that the mining company will post earnings of ($0.05) per share for the quarter, up from their prior forecast of ($0.06). FBR & Co has a “Market Perform” rating and a $4.00 price objective on the stock. FBR & Co also issued estimates for Cloud Peak Energy’s Q3 2017 earnings at ($0.09) EPS, Q4 2017 earnings at ($0.17) EPS, FY2017 earnings at ($0.60) EPS and FY2018 earnings at ($1.06) EPS.

Cloud Peak Energy (NYSE:CLD) last released its earnings results on Thursday, April 27th. The mining company reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.28. Cloud Peak Energy had a return on equity of 4.00% and a net margin of 4.68%. The company had revenue of $195.73 million during the quarter, compared to analysts’ expectations of $233.58 million. During the same period last year, the firm posted ($0.53) EPS. Cloud Peak Energy’s quarterly revenue was up 8.0% compared to the same quarter last year. WARNING: “Q2 2017 Earnings Estimate for Cloud Peak Energy Inc (CLD) Issued By FBR & Co” was first reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://www.americanbankingnews.com/2017/06/15/q2-2017-earnings-estimate-for-cloud-peak-energy-inc-cld-issued-by-fbr-co.html.

Earnings History and Estimates for Cloud Peak Energy (NYSE:CLD)

A number of other brokerages have also recently weighed in on CLD. Zacks Investment Research cut Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Thursday, February 16th. Clarkson Capital upgraded Cloud Peak Energy from a “sell” rating to a “neutral” rating in a research note on Wednesday, February 15th. Jefferies Group LLC assumed coverage on Cloud Peak Energy in a research note on Tuesday, March 7th. They set a “hold” rating and a $5.00 price target for the company. MKM Partners restated a “neutral” rating and set a $4.00 price target (down previously from $6.00) on shares of Cloud Peak Energy in a research note on Wednesday, May 10th. Finally, Stifel Nicolaus set a $7.00 price target on Cloud Peak Energy and gave the stock a “buy” rating in a research note on Monday, May 1st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $5.91.

Cloud Peak Energy (NYSE:CLD) opened at 3.30 on Thursday. Cloud Peak Energy has a 12-month low of $1.81 and a 12-month high of $8.03. The stock has a market cap of $237.64 million, a P/E ratio of 5.51 and a beta of 1.47. The stock has a 50 day moving average of $3.45 and a 200 day moving average of $4.73.

A number of hedge funds and other institutional investors have recently made changes to their positions in CLD. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Cloud Peak Energy by 242.8% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 22,011 shares of the mining company’s stock worth $123,000 after buying an additional 15,590 shares in the last quarter. Bogle Investment Management L P DE raised its position in shares of Cloud Peak Energy by 3,069.7% in the fourth quarter. Bogle Investment Management L P DE now owns 1,401,025 shares of the mining company’s stock worth $7,859,000 after buying an additional 1,356,825 shares in the last quarter. Two Sigma Investments LP acquired a new position in shares of Cloud Peak Energy during the fourth quarter worth $4,364,000. A.R.T. Advisors LLC raised its position in shares of Cloud Peak Energy by 1,056.2% in the fourth quarter. A.R.T. Advisors LLC now owns 150,300 shares of the mining company’s stock worth $843,000 after buying an additional 137,300 shares in the last quarter. Finally, Menta Capital LLC raised its position in shares of Cloud Peak Energy by 20.2% in the fourth quarter. Menta Capital LLC now owns 165,085 shares of the mining company’s stock worth $926,000 after buying an additional 27,718 shares in the last quarter. 81.45% of the stock is currently owned by hedge funds and other institutional investors.

Cloud Peak Energy Company Profile

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

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