Recent Investment Analysts’ Ratings Changes for Arch Coal, Inc. Class A (ARCH)

Arch Coal, Inc. Class A (NYSE: ARCH) recently received a number of ratings updates from brokerages and research firms:

  • 2/13/2018 – Arch Coal, Inc. Class A was given a new $120.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 1/30/2018 – Arch Coal, Inc. Class A was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Arch Coal, Inc. is a natural resource company. It produces metallurgical and thermal coal, used to manufacture steel and generate electricity. The company operates primarily in Alabama, Indiana, Washington, Arkansas, California, Utah and Texas. Arch Coal, Inc. is headquartered in St. Louis, Missouri. “
  • 1/29/2018 – Arch Coal, Inc. Class A was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $104.00 price target on the stock. According to Zacks, “Arch Coal, Inc. is a natural resource company. It produces metallurgical and thermal coal, used to manufacture steel and generate electricity. The company operates primarily in Alabama, Indiana, Washington, Arkansas, California, Utah and Texas. Arch Coal, Inc. is headquartered in St. Louis, Missouri. “
  • 1/25/2018 – Arch Coal, Inc. Class A was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. They now have a $90.00 price target on the stock.
  • 1/16/2018 – Arch Coal, Inc. Class A was given a new $109.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 1/9/2018 – Arch Coal, Inc. Class A was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Arch Coal, Inc. is a natural resource company. It produces metallurgical and thermal coal, used to manufacture steel and generate electricity. The company operates primarily in Alabama, Indiana, Washington, Arkansas, California, Utah and Texas. Arch Coal, Inc. is headquartered in St. Louis, Missouri. “
  • 1/2/2018 – Arch Coal, Inc. Class A was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $107.00 price target on the stock. According to Zacks, “Arch Coal, Inc. is a natural resource company. It produces metallurgical and thermal coal, used to manufacture steel and generate electricity. The company operates primarily in Alabama, Indiana, Washington, Arkansas, California, Utah and Texas. Arch Coal, Inc. is headquartered in St. Louis, Missouri. “

Shares of Arch Coal, Inc. Class A (ARCH) traded up $1.78 during trading hours on Wednesday, hitting $91.91. 393,626 shares of the company were exchanged, compared to its average volume of 342,955. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.79 and a quick ratio of 2.40. Arch Coal, Inc. Class A has a fifty-two week low of $60.13 and a fifty-two week high of $99.53.

Arch Coal, Inc. Class A (NYSE:ARCH) last issued its quarterly earnings results on Tuesday, February 13th. The energy company reported $4.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $1.80. The company had revenue of $560.20 million during the quarter, compared to the consensus estimate of $574.83 million. The firm’s quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.65 EPS. equities research analysts predict that Arch Coal, Inc. Class A will post 9.21 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Monday, March 5th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Friday, March 2nd. This is an increase from Arch Coal, Inc. Class A’s previous quarterly dividend of $0.35.

In other Arch Coal, Inc. Class A news, major shareholder Monarch Alternative Capital Lp sold 500,000 shares of Arch Coal, Inc. Class A stock in a transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James N. Chapman sold 1,002 shares of Arch Coal, Inc. Class A stock in a transaction on Friday, November 24th. The stock was sold at an average price of $80.99, for a total transaction of $81,151.98. Following the completion of the transaction, the director now directly owns 2,226 shares of the company’s stock, valued at approximately $180,283.74. The disclosure for this sale can be found here. Insiders own 1.34% of the company’s stock.

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.

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