Contura Energy (OTCMKTS:CNTE) – Analysts at B. Riley increased their Q1 2018 EPS estimates for Contura Energy in a research note issued to investors on Tuesday. B. Riley analyst L. Pipes now anticipates that the energy company will post earnings of $6.06 per share for the quarter, up from their prior forecast of $5.94. B. Riley currently has a “Buy” rating and a $76.00 target price on the stock.
Other equities analysts have also recently issued reports about the company. ValuEngine cut Contura Energy from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Zacks Investment Research upgraded Contura Energy from a “hold” rating to a “strong-buy” rating and set a $78.00 price target for the company in a research note on Tuesday, January 30th. Finally, Clarkson Capital lowered Contura Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 17th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $79.33.
Contura Energy (OTCMKTS:CNTE) last released its quarterly earnings results on Monday, November 27th. The energy company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.41. Contura Energy had a return on equity of 219.93% and a net margin of 4.71%.
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Contura Energy Company Profile
Contura Energy, Inc is a diversified provider of metallurgical (met) and steam coal. The Company operates coal mines across three United States coal basins. The Company operates through four segments: Central Appalachia (CAPP) Operations, Northern Appalachia (NAPP) Operations, Powder River Basin (PRB) Operations and Trading and Logistics Operations.
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