Cloud Peak Energy (CLD) Given Buy Rating at Stifel Nicolaus

Cloud Peak Energy (NYSE:CLD)‘s stock had its “buy” rating restated by research analysts at Stifel Nicolaus in a note issued to investors on Tuesday. They currently have a $7.00 price target on the mining company’s stock. Stifel Nicolaus’ price objective suggests a potential upside of 27.27% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. B. Riley reaffirmed a “neutral” rating on shares of Cloud Peak Energy in a research report on Wednesday, November 1st. Zacks Investment Research cut shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. JPMorgan Chase & Co. cut shares of Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a research report on Monday, November 20th. BMO Capital Markets set a $5.00 target price on shares of Cloud Peak Energy and gave the stock a “hold” rating in a research report on Friday, October 27th. Finally, TheStreet raised shares of Cloud Peak Energy from a “d+” rating to a “c-” rating in a research report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $5.29.

Shares of Cloud Peak Energy (NYSE CLD) traded up $0.19 during trading on Tuesday, reaching $5.50. 1,214,000 shares of the company’s stock were exchanged, compared to its average volume of 1,445,209. The company has a market cap of $399.00, a price-to-earnings ratio of 183.39 and a beta of 1.61. Cloud Peak Energy has a 1-year low of $2.78 and a 1-year high of $6.30. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.61 and a current ratio of 2.14.

Cloud Peak Energy (NYSE:CLD) last announced its quarterly earnings results on Thursday, October 26th. The mining company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The firm had revenue of $249.00 million during the quarter, compared to the consensus estimate of $254.82 million. During the same period last year, the business earned $0.06 EPS. Cloud Peak Energy’s revenue was up 14.7% on a year-over-year basis. sell-side analysts expect that Cloud Peak Energy will post -0.36 earnings per share for the current year.

Several hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its position in Cloud Peak Energy by 7.7% during the third quarter. Dimensional Fund Advisors LP now owns 5,547,510 shares of the mining company’s stock valued at $20,304,000 after buying an additional 396,604 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Cloud Peak Energy by 21.0% in the second quarter. Renaissance Technologies LLC now owns 4,592,000 shares of the mining company’s stock worth $16,210,000 after buying an additional 796,400 shares in the last quarter. Kopernik Global Investors LLC lifted its holdings in shares of Cloud Peak Energy by 3.9% in the third quarter. Kopernik Global Investors LLC now owns 4,436,525 shares of the mining company’s stock worth $16,239,000 after buying an additional 167,978 shares in the last quarter. Vanguard Group Inc. raised its stake in Cloud Peak Energy by 10.1% during the second quarter. Vanguard Group Inc. now owns 3,944,464 shares of the mining company’s stock valued at $13,923,000 after purchasing an additional 362,972 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in Cloud Peak Energy by 47.7% during the third quarter. Russell Investments Group Ltd. now owns 2,832,085 shares of the mining company’s stock valued at $10,367,000 after purchasing an additional 915,266 shares in the last quarter. Hedge funds and other institutional investors own 79.25% of the company’s stock.

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Cloud Peak Energy Company Profile

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.

Analyst Recommendations for Cloud Peak Energy (NYSE:CLD)

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