Cloud Peak Energy Inc (NYSE:CLD) – Research analysts at Seaport Global Securities issued their Q3 2017 earnings per share estimates for Cloud Peak Energy in a report issued on Tuesday. Seaport Global Securities analyst M. Levin anticipates that the mining company will post earnings per share of $0.06 for the quarter. Seaport Global Securities also issued estimates for Cloud Peak Energy’s Q4 2017 earnings at $0.00 EPS, FY2017 earnings at ($0.34) EPS, FY2018 earnings at ($0.22) EPS and FY2019 earnings at ($0.30) EPS.
Cloud Peak Energy (NYSE:CLD) last issued its earnings results on Thursday, July 27th. The mining company reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). The company had revenue of $229.20 million for the quarter, compared to analysts’ expectations of $236.94 million. Cloud Peak Energy had a negative net margin of 0.47% and a positive return on equity of 0.54%. The firm’s revenue was up 31.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.48 EPS. TRADEMARK VIOLATION NOTICE: This news story was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this news story on another domain, it was stolen and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2017/10/29/research-analysts-set-expectations-for-cloud-peak-energy-incs-q3-2017-earnings-cld.html.
Several other equities research analysts also recently weighed in on CLD. BidaskClub downgraded shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Zacks Investment Research raised shares of Cloud Peak Energy from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research note on Thursday. Stifel Nicolaus reissued a “buy” rating and issued a $6.00 target price on shares of Cloud Peak Energy in a research note on Friday, October 13th. BMO Capital Markets set a $4.00 target price on shares of Cloud Peak Energy and gave the company a “hold” rating in a research note on Saturday, August 5th. Finally, ValuEngine downgraded shares of Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $5.25.
Cloud Peak Energy (NYSE:CLD) opened at 4.52 on Thursday. The stock’s market cap is $339.59 million. Cloud Peak Energy has a 12 month low of $2.78 and a 12 month high of $8.03. The company has a 50-day moving average of $3.56 and a 200-day moving average of $3.54.
Several hedge funds and other institutional investors have recently bought and sold shares of CLD. Louisiana State Employees Retirement System grew its holdings in shares of Cloud Peak Energy by 0.3% in the second quarter. Louisiana State Employees Retirement System now owns 30,600 shares of the mining company’s stock worth $108,000 after purchasing an additional 100 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of Cloud Peak Energy by 78.5% in the first quarter. BNP Paribas Arbitrage SA now owns 24,555 shares of the mining company’s stock worth $112,000 after purchasing an additional 10,801 shares during the last quarter. KCG Holdings Inc. bought a new position in shares of Cloud Peak Energy in the first quarter worth about $112,000. Hartford Investment Management Co. bought a new position in shares of Cloud Peak Energy in the second quarter worth about $119,000. Finally, AJO LP bought a new position in shares of Cloud Peak Energy in the second quarter worth about $120,000. Hedge funds and other institutional investors own 81.14% of the company’s stock.
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.
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