Research Analysts Offer Predictions for Peabody Energy Co.’s Q1 2018 Earnings (BTU)

Peabody Energy Co. (NYSE:BTU) – Research analysts at Seaport Global Securities issued their Q1 2018 earnings per share (EPS) estimates for shares of Peabody Energy in a research note issued on Thursday. Seaport Global Securities analyst M. Levin forecasts that the coal producer will earn $0.70 per share for the quarter. Seaport Global Securities currently has a “Buy” rating and a $48.00 target price on the stock. Seaport Global Securities also issued estimates for Peabody Energy’s Q2 2018 earnings at $0.54 EPS, Q3 2018 earnings at $0.59 EPS, Q4 2018 earnings at $0.38 EPS and FY2018 earnings at $2.21 EPS.

Peabody Energy (NYSE:BTU) last issued its quarterly earnings data on Wednesday, February 7th. The coal producer reported $1.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.33 by $0.19. Peabody Energy had a return on equity of 32.83% and a net margin of 14.41%. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the company posted ($10.53) earnings per share. Peabody Energy’s revenue was up 5.3% compared to the same quarter last year.

Several other brokerages have also commented on BTU. ValuEngine lowered Peabody Energy from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research lowered Peabody Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, December 25th. B. Riley reaffirmed a “buy” rating on shares of Peabody Energy in a report on Wednesday, November 1st. Stifel Nicolaus reaffirmed a “hold” rating and issued a $43.00 price objective on shares of Peabody Energy in a report on Tuesday, January 16th. Finally, Jefferies Group raised Peabody Energy to a “buy” rating and lifted their price objective for the stock from $38.00 to $43.00 in a report on Tuesday, December 5th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Peabody Energy has an average rating of “Buy” and an average price target of $41.20.

Shares of Peabody Energy (BTU) opened at $38.21 on Monday. The company has a quick ratio of 1.47, a current ratio of 1.76 and a debt-to-equity ratio of 0.46. Peabody Energy has a fifty-two week low of $22.58 and a fifty-two week high of $41.17. The company has a market capitalization of $3,992.94 and a price-to-earnings ratio of 3.75.

The business also recently announced a Not Available dividend, which will be paid on Monday, March 5th. Investors of record on Monday, February 19th will be given a dividend of $0.115 per share. The ex-dividend date is Thursday, February 15th. This represents a yield of 0.00296468161897396%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. lifted its position in Peabody Energy by 147.2% during the fourth quarter. Meeder Asset Management Inc. now owns 3,624 shares of the coal producer’s stock valued at $142,000 after purchasing an additional 2,158 shares in the last quarter. SG Americas Securities LLC purchased a new position in Peabody Energy during the fourth quarter valued at $110,000. The Manufacturers Life Insurance Company lifted its position in Peabody Energy by 6.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 51,207 shares of the coal producer’s stock valued at $2,015,000 after purchasing an additional 3,310 shares in the last quarter. Legal & General Group Plc lifted its position in Peabody Energy by 28.5% during the third quarter. Legal & General Group Plc now owns 16,302 shares of the coal producer’s stock valued at $473,000 after purchasing an additional 3,616 shares in the last quarter. Finally, American International Group Inc. lifted its position in Peabody Energy by 8.8% during the fourth quarter. American International Group Inc. now owns 44,956 shares of the coal producer’s stock valued at $1,770,000 after purchasing an additional 3,620 shares in the last quarter. Institutional investors own 94.20% of the company’s stock.

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About Peabody Energy

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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