Shares of Peabody Energy Corporation (NYSE:BTU) have been given an average rating of “Buy” by the eleven research firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $34.67.

A number of research analysts have issued reports on the stock. B. Riley restated a “buy” rating on shares of Peabody Energy in a report on Wednesday, November 1st. ValuEngine upgraded shares of Peabody Energy from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Zacks Investment Research upgraded shares of Peabody Energy from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Monday. Jefferies Group upgraded shares of Peabody Energy to a “buy” rating and upped their target price for the company from $38.00 to $43.00 in a report on Tuesday. Finally, FBR & Co set a $35.00 target price on shares of Peabody Energy and gave the company a “buy” rating in a report on Wednesday, October 11th.

Shares of Peabody Energy (NYSE:BTU) opened at $33.99 on Friday. Peabody Energy has a 12 month low of $22.58 and a 12 month high of $34.47. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.75 and a quick ratio of 1.47.

Peabody Energy (NYSE:BTU) last issued its quarterly earnings data on Wednesday, October 25th. The coal producer reported $1.49 EPS for the quarter, beating the Zacks’ consensus estimate of $1.35 by $0.14. The firm had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Peabody Energy had a net margin of 4.60% and a return on equity of 19.92%. The firm’s revenue was up 22.4% on a year-over-year basis. During the same period in the prior year, the company earned ($7.53) EPS. equities analysts expect that Peabody Energy will post 9.62 EPS for the current year.

Several hedge funds have recently made changes to their positions in BTU. Ameritas Investment Partners Inc. purchased a new position in shares of Peabody Energy during the 2nd quarter worth about $105,000. New York State Teachers Retirement System purchased a new position in shares of Peabody Energy during the 3rd quarter worth about $125,000. FNY Partners Fund LP purchased a new position in shares of Peabody Energy during the 2nd quarter worth about $146,000. BNP Paribas Arbitrage SA purchased a new position in shares of Peabody Energy during the 2nd quarter worth about $162,000. Finally, Stratos Wealth Partners LTD. purchased a new position in shares of Peabody Energy during the 3rd quarter worth about $209,000. Institutional investors and hedge funds own 95.17% of the company’s stock.

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Peabody Energy Company Profile

Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.

Analyst Recommendations for Peabody Energy (NYSE:BTU)

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