Peabody Energy Co. (NYSE:BTU) – B. Riley lifted their Q4 2017 earnings estimates for Peabody Energy in a note issued to investors on Thursday. B. Riley analyst L. Pipes now forecasts that the coal producer will post earnings per share of $1.64 for the quarter, up from their prior estimate of $1.58. B. Riley currently has a “Buy” rating on the stock.

Peabody Energy (NYSE:BTU) last issued its quarterly earnings data on Wednesday, October 25th. The coal producer reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.14. Peabody Energy had a net margin of 4.60% and a return on equity of 19.92%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the firm earned ($7.53) EPS. The company’s quarterly revenue was up 22.4% compared to the same quarter last year.

A number of other research analysts also recently issued reports on BTU. FBR & Co set a $35.00 price objective on shares of Peabody Energy and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Zacks Investment Research downgraded shares of Peabody Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. ValuEngine raised shares of Peabody Energy from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Jefferies Group began coverage on shares of Peabody Energy in a research report on Tuesday, November 14th. They issued a “buy” rating and a $38.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Peabody Energy presently has an average rating of “Buy” and an average target price of $37.11.

Peabody Energy (NYSE:BTU) opened at $40.61 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.47 and a current ratio of 1.75. Peabody Energy has a 12-month low of $22.58 and a 12-month high of $40.92.

A number of large investors have recently added to or reduced their stakes in BTU. Schwab Charles Investment Management Inc. purchased a new stake in Peabody Energy during the 2nd quarter worth approximately $9,104,000. Rhumbline Advisers purchased a new stake in Peabody Energy during the 2nd quarter worth approximately $1,461,000. Bank of New York Mellon Corp purchased a new stake in Peabody Energy during the 2nd quarter worth approximately $5,434,000. Legal & General Group Plc purchased a new stake in shares of Peabody Energy in the 2nd quarter valued at $310,000. Finally, BNP Paribas Arbitrage SA purchased a new stake in shares of Peabody Energy in the 2nd quarter valued at $162,000. 95.17% of the stock is currently owned by institutional investors.

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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.

Earnings History and Estimates for Peabody Energy (NYSE:BTU)

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