Arch Coal, Inc. Class A (NASDAQ:ARCH) – Analysts at FBR & Co lifted their Q4 2017 earnings estimates for shares of Arch Coal, Inc. Class A in a research report issued on Wednesday. FBR & Co analyst L. Pipes now expects that the energy company will post earnings of $2.59 per share for the quarter, up from their prior forecast of $2.30. FBR & Co has a “Buy” rating and a $96.00 price objective on the stock. FBR & Co also issued estimates for Arch Coal, Inc. Class A’s FY2019 earnings at $3.72 EPS.

Other research analysts also recently issued reports about the stock. Clarkson Capital reissued a “buy” rating on shares of Arch Coal, Inc. Class A in a research note on Thursday, July 27th. Jefferies Group LLC set a $90.00 price target on shares of Arch Coal, Inc. Class A and gave the stock a “buy” rating in a research note on Friday, August 18th. MKM Partners reissued a “buy” rating and set a $104.00 price target on shares of Arch Coal, Inc. Class A in a research note on Tuesday, September 12th. Macquarie began coverage on shares of Arch Coal, Inc. Class A in a research note on Thursday, September 7th. They set a “neutral” rating and a $84.00 price target on the stock. Finally, Seaport Global Securities reissued a “buy” rating on shares of Arch Coal, Inc. Class A in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $93.00.

TRADEMARK VIOLATION WARNING: “Q4 2017 EPS Estimates for Arch Coal, Inc. Class A (ARCH) Raised by Analyst” was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another website, it was illegally stolen and reposted in violation of US and international copyright legislation. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/10/12/q4-2017-eps-estimates-for-arch-coal-inc-class-a-arch-raised-by-analyst.html.

Arch Coal, Inc. Class A (ARCH) traded up 0.18% during midday trading on Thursday, reaching $70.75. 39,665 shares of the company’s stock were exchanged. Arch Coal, Inc. Class A has a 12 month low of $66.20 and a 12 month high of $86.47. The stock has a market cap of $1.72 billion and a PE ratio of 0.98. The firm has a 50 day moving average of $73.05 and a 200-day moving average of $73.05.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last posted its earnings results on Thursday, July 27th. The energy company reported $1.85 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.92 by ($0.07). The business had revenue of $549.87 million for the quarter, compared to analysts’ expectations of $596.76 million. The business’s revenue for the quarter was up 30.8% compared to the same quarter last year.

A number of large investors have recently added to or reduced their stakes in ARCH. Wells Fargo & Company MN boosted its holdings in Arch Coal, Inc. Class A by 303.0% in the first quarter. Wells Fargo & Company MN now owns 21,024 shares of the energy company’s stock valued at $1,449,000 after acquiring an additional 15,807 shares in the last quarter. Teachers Advisors LLC boosted its holdings in Arch Coal, Inc. Class A by 37.3% in the first quarter. Teachers Advisors LLC now owns 610,925 shares of the energy company’s stock valued at $42,117,000 after acquiring an additional 165,887 shares in the last quarter. TIAA CREF Investment Management LLC boosted its holdings in Arch Coal, Inc. Class A by 198.2% in the first quarter. TIAA CREF Investment Management LLC now owns 82,010 shares of the energy company’s stock valued at $5,654,000 after acquiring an additional 54,510 shares in the last quarter. Ngam Advisors L.P. bought a new stake in Arch Coal, Inc. Class A in the first quarter valued at $1,562,000. Finally, Loomis Sayles & Co. L P bought a new stake in Arch Coal, Inc. Class A in the first quarter valued at $12,460,000.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Thursday, August 31st were issued a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $1.40 annualized dividend and a yield of 1.98%. This is a boost from Arch Coal, Inc. Class A’s previous quarterly dividend of $0.03.

Arch Coal, Inc. Class A Company Profile

Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.

Earnings History and Estimates for Arch Coal, Inc. Class A (NASDAQ:ARCH)

Receive News & Ratings for Arch Coal Inc. Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arch Coal Inc. Class A and related companies with MarketBeat.com's FREE daily email newsletter.