Q2 2018 EPS Estimates for Contura Energy Lifted by B. Riley (CNTE)

Contura Energy (OTCMKTS:CNTE) – B. Riley increased their Q2 2018 earnings per share estimates for shares of Contura Energy in a research report issued on Tuesday. B. Riley analyst L. Pipes now forecasts that the energy company will post earnings per share of $5.33 for the quarter, up from their previous estimate of $3.55. B. Riley currently has a “Buy” rating and a $76.00 target price on the stock. B. Riley also issued estimates for Contura Energy’s Q3 2018 earnings at $5.13 EPS, Q4 2018 earnings at $3.36 EPS, FY2018 earnings at $19.88 EPS, FY2019 earnings at $10.51 EPS and FY2020 earnings at $9.84 EPS.

Contura Energy (OTCMKTS:CNTE) last announced its quarterly earnings results on Monday, November 27th. The energy company reported $1.82 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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%.

A number of other analysts have also recently issued reports on the company. Zacks Investment Research upgraded Contura Energy from a “hold” rating to a “strong-buy” rating and set a $78.00 price objective on the stock in a research report on Tuesday, January 30th. ValuEngine upgraded Contura Energy from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Clarkson Capital cut Contura Energy from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 17th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $79.33.

Contura Energy (CNTE) opened at $66.25 on Thursday. The company has a quick ratio of 1.43, a current ratio of 1.66 and a debt-to-equity ratio of 12.75. Contura Energy has a one year low of $54.00 and a one year high of $78.00. The firm has a market capitalization of $720.28 and a P/E ratio of 6.75.

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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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