Peabody Energy (NYSE:BTU)‘s stock had its “hold” rating reiterated by equities researchers at Stifel Nicolaus in a research note issued on Tuesday. They presently have a $43.00 target price on the coal producer’s stock. Stifel Nicolaus’ price objective would indicate a potential upside of 8.64% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. B. Riley restated a “buy” rating on shares of Peabody Energy in a report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Peabody Energy from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a report on Wednesday, October 25th. FBR & Co restated a “buy” rating and set a $37.00 price target (up from $36.00) on shares of Peabody Energy in a report on Wednesday, October 25th. Jefferies Group upgraded shares of Peabody Energy to a “buy” rating and boosted their price target for the company from $38.00 to $43.00 in a report on Tuesday, December 5th. Finally, ValuEngine upgraded shares of Peabody Energy from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $38.33.

Shares of Peabody Energy (NYSE:BTU) traded down $1.03 during trading hours on Tuesday, reaching $39.58. 1,056,973 shares of the company’s stock traded hands, compared to its average volume of 947,330. 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 52 week low of $22.58 and a 52 week high of $40.92.

Peabody Energy (NYSE:BTU) last announced its earnings results on Wednesday, October 25th. The coal producer reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.14. Peabody Energy had a net margin of 4.60% and a return on equity of 19.92%. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the business earned ($7.53) EPS. The company’s revenue was up 22.4% on a year-over-year basis. sell-side analysts forecast that Peabody Energy will post 9.62 earnings per share for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. Ameritas Investment Partners Inc. bought a new stake in Peabody Energy in the second quarter worth $105,000. New York State Teachers Retirement System bought a new stake in Peabody Energy in the third quarter worth $125,000. BNP Paribas Arbitrage SA bought a new stake in Peabody Energy in the second quarter worth $162,000. Stratos Wealth Partners LTD. bought a new stake in Peabody Energy in the third quarter worth $209,000. Finally, Amalgamated Bank bought a new stake in Peabody Energy in the third quarter worth $211,000. 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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