Media headlines about Peabody Energy Corporation (NYSE:BTU) have trended somewhat positive on Monday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Peabody Energy Corporation earned a news impact score of 0.15 on Accern’s scale. Accern also gave media stories about the coal producer an impact score of 44.4775996352757 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Peabody Energy Corporation (BTU) Now Covered by Analysts at Macquarie (americanbankingnews.com)
- Peabody Energy Corporation (BTU) Given Hold Rating at Stifel Nicolaus (americanbankingnews.com)
- Peabody Energy Corporation (BTU) has a value of $30.08 per share … – Stocks Gallery (stocksgallery.com)
- Peabody Energy Corporation (BTU) Presents At Barclays CEO Energy-Power Conference – Slideshow (seekingalpha.com)
- Top Coal Stocks: Peabody, Arch (barrons.com)
Peabody Energy Corporation (BTU) opened at 29.29 on Monday. Peabody Energy Corporation has a 12 month low of $22.58 and a 12 month high of $32.50. The company has a 50-day moving average price of $28.37 and a 200 day moving average price of $25.81. The company’s market capitalization is $2.94 billion.
Peabody Energy Corporation (NYSE:BTU) last released its quarterly earnings results on Tuesday, August 1st. The coal producer reported ($0.18) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by $1.07. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.25 billion. The firm’s quarterly revenue was up 21.0% compared to the same quarter last year. On average, equities research analysts forecast that Peabody Energy Corporation will post $5.56 EPS for the current fiscal year.
Several research firms have recently weighed in on BTU. Stifel Nicolaus reissued a “hold” rating and issued a $32.00 price objective on shares of Peabody Energy Corporation in a research report on Sunday. Macquarie assumed coverage on Peabody Energy Corporation in a research report on Thursday. They issued a “neutral” rating and a $30.00 target price for the company. MKM Partners reaffirmed a “buy” rating and issued a $38.00 target price (up from $32.00) on shares of Peabody Energy Corporation in a research report on Thursday, August 24th. Zacks Investment Research raised Peabody Energy Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 26th. Finally, Clarkson Capital reaffirmed a “buy” rating on shares of Peabody Energy Corporation in a research report on Thursday, June 22nd. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $33.00.
In related news, major shareholder Discovery Capital Management, sold 12,800,000 shares of the business’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $27.10, for a total value of $346,880,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.27% of the company’s stock.
Peabody Energy Corporation Company Profile
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.
Receive News & Ratings for Peabody Energy Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peabody Energy Corporation and related companies with MarketBeat.com's FREE daily email newsletter.