In yesterday’s Wall Street session, Peabody Energy Corp. (NYSE:BTU) shares traded at $24.71, down -1.75% from the previous session.
BTU stock price is now -2.65% away from the 50-day moving average and 5.61% away from the 200-day moving average. The market capitalization of the company currently stands at $3.17B.
With the price target enhanced from $25 to $36, Jefferies Upgraded its rating from Hold to Buy for Peabody Energy Corp. (NYSE: BTU). On October 29, 2021, The Benchmark Company Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $16, while ‘B. Riley Securities’ rates the stock as ‘Buy’
In other news, Jarboe Scott T., CAO and Corporate Secretary sold 14,582 shares of the company’s stock on Feb 27 ’24. The stock was sold for $362,363 at an average price of $24.85. Upon completion of the transaction, the CAO and Corporate Secretary now directly owns 66,133 shares in the company, valued at $1.63 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 23 ’24, EVP & COO Yeates Darren Ronald sold 25,793 shares of the business’s stock. A total of $637,345 was realized by selling the stock at an average price of $24.71. This leaves the insider owning 80,367 shares of the company worth $1.99 million. A total of 0.63% of the company’s stock is owned by insiders.
During the past 12 months, Peabody Energy Corp. has had a low of $17.71 and a high of $27.70. As of last week, the company has a debt-to-equity ratio of 0.11, a current ratio of 2.06, and a quick ratio of 1.70. The fifty day moving average price for BTU is $25.39 and a two-hundred day moving average price translates $23.43 for the stock.
The latest earnings results from Peabody Energy Corp. (NYSE: BTU) was released for Dec, 2023. According to the Thermal Coal Company, earnings per share came in at $1.33, missing analysts’ expectations of $1.4 by -0.07. This compares to $0.04 EPS in the same period last year. The net profit margin was 15.62% and return on equity was 22.42% for BTU. The company reported revenue of $1.24 billion for the quarter, compared to $1.63 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -24.05 percent. For the current quarter, analysts expect BTU to generate $1.04B in revenue.
