Media headlines about Peabody Energy Corporation (NYSE:BTU) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Peabody Energy Corporation earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the coal producer an impact score of 45.5063146818992 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
BTU has been the topic of several research reports. Zacks Investment Research raised shares of Peabody Energy Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 26th. Clarkson Capital reissued a “buy” rating on shares of Peabody Energy Corporation in a research report on Thursday, June 22nd. Stifel Nicolaus reissued a “hold” rating and issued a $32.00 price target (up previously from $30.00) on shares of Peabody Energy Corporation in a research report on Tuesday, August 8th. FBR & Co boosted their price target on shares of Peabody Energy Corporation from $31.00 to $32.00 and gave the company an “outperform” rating in a research report on Wednesday, July 12th. Finally, MKM Partners reissued a “buy” rating and issued a $38.00 price target (up previously from $32.00) on shares of Peabody Energy Corporation in a research report on Thursday, August 24th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Peabody Energy Corporation currently has a consensus rating of “Buy” and a consensus target price of $35.00.
Shares of Peabody Energy Corporation (BTU) opened at 29.62 on Thursday. Peabody Energy Corporation has a 52-week low of $22.58 and a 52-week high of $32.50. The stock has a 50 day moving average of $29.07 and a 200 day moving average of $26.34. The company’s market cap is $2.97 billion.
Peabody Energy Corporation (NYSE:BTU) last issued its quarterly earnings data on Tuesday, August 1st. The coal producer reported ($0.18) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($1.07). The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.25 billion. The company’s revenue was up 21.0% on a year-over-year basis. On average, equities research analysts expect that Peabody Energy Corporation will post $6.28 EPS for the current year.
In other news, major shareholder Discovery Capital Management, sold 12,800,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $27.10, for a total value of $346,880,000.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.27% of the stock is owned by corporate insiders.
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About Peabody Energy Corporation
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.
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