Cloud Peak Energy Inc (NYSE:CLD) has been assigned a $6.00 price target by Stifel Nicolaus in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the mining company’s stock. Stifel Nicolaus’ price target indicates a potential upside of 86.92% from the company’s current price.

A number of other equities research analysts have also issued reports on CLD. BidaskClub lowered Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research raised Cloud Peak Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. BMO Capital Markets set a $4.00 target price on Cloud Peak Energy and gave the company a “hold” rating in a research report on Saturday, August 5th. ValuEngine lowered Cloud Peak Energy from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Finally, MKM Partners reissued a “neutral” rating and issued a $4.00 target price (down previously from $6.00) on shares of Cloud Peak Energy in a research report on Wednesday, May 10th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the stock. Cloud Peak Energy presently has a consensus rating of “Hold” and an average target price of $5.41.

Shares of Cloud Peak Energy (NYSE:CLD) opened at 3.21 on Friday. The firm’s 50 day moving average is $3.34 and its 200 day moving average is $3.88. Cloud Peak Energy has a 1-year low of $2.78 and a 1-year high of $8.03. The firm’s market capitalization is $241.17 million.

Cloud Peak Energy (NYSE:CLD) last released its quarterly earnings results on Thursday, July 27th. The mining company reported ($0.04) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.04). Cloud Peak Energy had a positive return on equity of 0.54% and a negative net margin of 0.47%. The company had revenue of $229.20 million for the quarter, compared to analyst estimates of $236.94 million. During the same quarter last year, the firm posted $0.48 earnings per share. Cloud Peak Energy’s revenue was up 31.6% compared to the same quarter last year. Analysts anticipate that Cloud Peak Energy will post ($0.49) EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. KCG Holdings Inc. bought a new position in Cloud Peak Energy during the first quarter worth $112,000. BNP Paribas Arbitrage SA increased its position in Cloud Peak Energy by 78.5% in the first quarter. BNP Paribas Arbitrage SA now owns 24,555 shares of the mining company’s stock worth $112,000 after buying an additional 10,801 shares in the last quarter. Point View Wealth Management Inc. increased its position in Cloud Peak Energy by 9.1% in the first quarter. Point View Wealth Management Inc. now owns 26,611 shares of the mining company’s stock worth $122,000 after buying an additional 2,219 shares in the last quarter. TFS Capital LLC bought a new position in Cloud Peak Energy during the first quarter worth $132,000. Finally, Louisiana State Employees Retirement System increased its position in Cloud Peak Energy by 23.5% in the first quarter. Louisiana State Employees Retirement System now owns 30,500 shares of the mining company’s stock worth $140,000 after buying an additional 5,800 shares in the last quarter. Hedge funds and other institutional investors own 81.08% of the company’s stock.

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.

Analyst Recommendations for Cloud Peak Energy (NYSE:CLD)

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