Analysts Anticipate Cloud Peak Energy Inc. (CLD) to Post -$0.01 Earnings Per Share

Wall Street analysts expect that Cloud Peak Energy Inc. (NYSE:CLD) will post ($0.01) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Cloud Peak Energy’s earnings, with the highest EPS estimate coming in at $0.09 and the lowest estimate coming in at ($0.09). Cloud Peak Energy posted earnings per share of $0.39 during the same quarter last year, which indicates a negative year-over-year growth rate of 102.6%. The company is expected to issue its next earnings results after the market closes on Thursday, February 15th.

On average, analysts expect that Cloud Peak Energy will report full-year earnings of ($0.37) per share for the current year, with EPS estimates ranging from ($0.45) to ($0.24). For the next fiscal year, analysts expect that the firm will post earnings of ($0.06) per share, with EPS estimates ranging from ($0.16) to $0.08. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Cloud Peak Energy.

CLD has been the topic of a number of recent analyst reports. TheStreet raised Cloud Peak Energy from a “d+” rating to a “c-” rating in a research note on Friday, October 27th. JPMorgan Chase & Co. lowered Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a research note on Monday, November 20th. Zacks Investment Research raised Cloud Peak Energy from a “hold” rating to a “strong-buy” rating and set a $5.00 price target on the stock in a research note on Monday, January 1st. B. Riley reissued a “neutral” rating on shares of Cloud Peak Energy in a research note on Wednesday, November 1st. Finally, BMO Capital Markets set a $5.00 price target on Cloud Peak Energy and gave the stock a “hold” rating in a research note on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $5.00.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Bogle Investment Management L P DE acquired a new stake in Cloud Peak Energy in the 4th quarter valued at $1,304,000. Geode Capital Management LLC increased its holdings in Cloud Peak Energy by 4.3% in the 4th quarter. Geode Capital Management LLC now owns 681,106 shares of the mining company’s stock valued at $3,030,000 after purchasing an additional 28,089 shares in the last quarter. Virtu Financial LLC increased its holdings in Cloud Peak Energy by 64.4% in the 4th quarter. Virtu Financial LLC now owns 162,653 shares of the mining company’s stock valued at $724,000 after purchasing an additional 63,741 shares in the last quarter. BlackRock Inc. increased its holdings in Cloud Peak Energy by 2.5% in the 4th quarter. BlackRock Inc. now owns 9,246,308 shares of the mining company’s stock valued at $41,147,000 after purchasing an additional 223,778 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Cloud Peak Energy by 3.3% in the 4th quarter. Bank of New York Mellon Corp now owns 797,753 shares of the mining company’s stock valued at $3,550,000 after purchasing an additional 25,501 shares in the last quarter. Hedge funds and other institutional investors own 79.44% of the company’s stock.

Shares of Cloud Peak Energy (CLD) traded down $0.29 during trading on Tuesday, hitting $4.07. The company’s stock had a trading volume of 1,140,213 shares, compared to its average volume of 1,183,377. Cloud Peak Energy has a one year low of $2.78 and a one year high of $6.30. The stock has a market cap of $307.33, a price-to-earnings ratio of 407.00 and a beta of 1.79. The company has a current ratio of 2.14, a quick ratio of 1.61 and a debt-to-equity ratio of 0.41.

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About Cloud Peak Energy

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

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Earnings History and Estimates for Cloud Peak Energy (NYSE:CLD)

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