Cloud Peak Energy Inc (CLD) Given Average Recommendation of “Hold” by Analysts

Cloud Peak Energy Inc (NYSE:CLD) has been assigned an average recommendation of “Hold” from the twelve analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $5.11.

Several equities analysts have commented on the stock. B. Riley reissued 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 “buy” rating to a “hold” rating in a research report on Monday, November 13th. BidaskClub lowered shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. BMO Capital Markets set a $4.00 price target on shares of Cloud Peak Energy and gave the stock a “hold” rating in a research note on Saturday, August 5th. Finally, TheStreet upgraded shares of Cloud Peak Energy from a “d+” rating to a “c-” rating in a research note on Friday, October 27th.

Cloud Peak Energy (CLD) opened at $4.30 on Friday. Cloud Peak Energy has a 1 year low of $2.78 and a 1 year high of $6.65. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.61 and a current ratio of 2.14. The company has a market cap of $321.61, a P/E ratio of 52.63 and a beta of 1.64.

Cloud Peak Energy (NYSE:CLD) last posted its earnings results on Thursday, October 26th. The mining company reported $0.03 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.01. The firm had revenue of $249.00 million for the quarter, compared to the consensus estimate of $254.82 million. During the same period in the prior year, the business earned $0.06 EPS. Cloud Peak Energy’s quarterly revenue was up 14.7% compared to the same quarter last year. sell-side analysts forecast that Cloud Peak Energy will post -0.39 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.dispatchtribunal.com/2017/12/04/cloud-peak-energy-inc-cld-given-average-recommendation-of-hold-by-analysts.html.

A number of institutional investors have recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System grew its stake in Cloud Peak Energy by 0.3% in the 2nd quarter. Louisiana State Employees Retirement System now owns 30,600 shares of the mining company’s stock valued at $108,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System grew its stake in Cloud Peak Energy by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 39,153 shares of the mining company’s stock valued at $138,000 after buying an additional 100 shares in the last quarter. Texas Permanent School Fund grew its stake in Cloud Peak Energy by 1.0% in the 2nd quarter. Texas Permanent School Fund now owns 54,799 shares of the mining company’s stock valued at $193,000 after buying an additional 523 shares in the last quarter. Prudential Financial Inc. grew its stake in Cloud Peak Energy by 0.8% in the 2nd quarter. Prudential Financial Inc. now owns 122,295 shares of the mining company’s stock valued at $432,000 after buying an additional 920 shares in the last quarter. Finally, Thrivent Financial For Lutherans grew its stake in Cloud Peak Energy by 4.0% in the 2nd quarter. Thrivent Financial For Lutherans now owns 44,860 shares of the mining company’s stock valued at $158,000 after buying an additional 1,730 shares in the last quarter. Institutional investors and hedge funds own 80.70% 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.

Analyst Recommendations for Cloud Peak Energy (NYSE:CLD)

Receive News & Ratings for Cloud Peak Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloud Peak Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply