Cloud Peak Energy Inc (NYSE:CLD) has been assigned an average rating of “Hold” from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $5.25.

Several equities research analysts have recently issued reports on the company. BidaskClub lowered Cloud Peak Energy from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Zacks Investment Research upgraded Cloud Peak Energy from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a report on Thursday, October 19th. BMO Capital Markets set a $4.00 price target on Cloud Peak Energy and gave the company a “hold” rating in a report on Saturday, August 5th. Stifel Nicolaus restated a “buy” rating and issued a $6.00 target price on shares of Cloud Peak Energy in a report on Friday, October 13th. Finally, ValuEngine lowered Cloud Peak Energy from a “buy” rating to a “hold” rating in a report on Friday, July 28th.

Cloud Peak Energy (CLD) opened at 4.49 on Wednesday. Cloud Peak Energy has a 12-month low of $2.78 and a 12-month high of $8.03. The stock’s market cap is $337.34 million. The company has a 50-day moving average of $3.66 and a 200 day moving average of $3.52.

Cloud Peak Energy (NYSE:CLD) last announced its quarterly earnings results on Thursday, July 27th. The mining company reported ($0.04) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.04). The business had revenue of $229.20 million during the quarter, compared to analyst estimates of $236.94 million. Cloud Peak Energy had a positive return on equity of 0.54% and a negative net margin of 0.47%. The firm’s revenue was up 31.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.48 EPS. Equities analysts anticipate that Cloud Peak Energy will post ($0.44) earnings per share for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Texas Permanent School Fund lifted its holdings in Cloud Peak Energy by 1.0% in the 2nd quarter. Texas Permanent School Fund now owns 54,799 shares of the mining company’s stock worth $193,000 after purchasing an additional 523 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Cloud Peak Energy by 27.9% in the 1st quarter. Vanguard Group Inc. now owns 3,581,492 shares of the mining company’s stock worth $16,403,000 after purchasing an additional 782,138 shares during the last quarter. Rhumbline Advisers lifted its holdings in Cloud Peak Energy by 138.3% in the 2nd quarter. Rhumbline Advisers now owns 144,888 shares of the mining company’s stock worth $511,000 after purchasing an additional 84,079 shares during the last quarter. Loews Corp lifted its holdings in Cloud Peak Energy by 14.3% in the 2nd quarter. Loews Corp now owns 1,200,000 shares of the mining company’s stock worth $4,236,000 after purchasing an additional 150,000 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Cloud Peak Energy by 55.1% in the 1st quarter. Ameriprise Financial Inc. now owns 476,591 shares of the mining company’s stock worth $2,183,000 after purchasing an additional 169,338 shares during the last quarter. Hedge funds and other institutional investors own 80.45% of the company’s stock.

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About Cloud Peak Energy

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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