Arch Coal, Inc. Class A (ARCH) to Release Earnings on Tuesday

Arch Coal, Inc. Class A (NYSE:ARCH) will be releasing its earnings data before the market opens on Tuesday, February 13th. Analysts expect Arch Coal, Inc. Class A to post earnings of $2.59 per share for the quarter.

Arch Coal, Inc. Class A (ARCH) opened at $86.02 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.40 and a current ratio of 2.79. Arch Coal, Inc. Class A has a 52-week low of $60.13 and a 52-week high of $99.53.

Several research analysts recently commented on the company. FBR & Co reissued a “buy” rating on shares of Arch Coal, Inc. Class A in a research report on Tuesday, October 31st. Zacks Investment Research raised Arch Coal, Inc. Class A from a “hold” rating to a “buy” rating and set a $104.00 price target for the company in a research report on Monday, January 29th. JPMorgan Chase & Co. cut Arch Coal, Inc. Class A from an “overweight” rating to a “neutral” rating and set a $90.00 price target for the company. in a research report on Thursday, January 25th. ValuEngine raised Arch Coal, Inc. Class A from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Jefferies Group reissued a “buy” rating on shares of Arch Coal, Inc. Class A in a research report on Thursday, October 19th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $96.50.

In other Arch Coal, Inc. Class A news, Director James N. Chapman sold 1,002 shares of the company’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $80.99, for a total value of $81,151.98. Following the sale, the director now owns 2,226 shares in the company, valued at $180,283.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Monarch Alternative Capital Lp sold 500,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $85.26, for a total value of $42,630,000.00. The disclosure for this sale can be found here. 1.34% of the stock is owned by corporate insiders.

ILLEGAL ACTIVITY WARNING: This article was reported by American Banking News and is the property of of American Banking News. If you are reading this article on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright law. The correct version of this article can be read at https://www.americanbankingnews.com/2018/02/06/arch-coal-inc-class-a-arch-to-release-earnings-on-tuesday.html.

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 for Arch Coal, Inc. Class A (NYSE: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.

Leave a Reply