Contura Energy (OTCMKTS:CNTE) was downgraded by Clarkson Capital from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday.
Several other equities research analysts have also issued reports on the stock. Zacks Investment Research raised shares of Contura Energy from a “strong sell” rating to a “hold” rating in a report on Friday, November 17th. FBR & Co set a $84.00 target price on shares of Contura Energy and gave the stock a “buy” rating in a report on Wednesday, October 11th. B. Riley set a $71.00 target price on shares of Contura Energy and gave the stock a “buy” rating in a report on Monday, December 11th. Finally, ValuEngine raised shares of Contura Energy from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Contura Energy has an average rating of “Buy” and a consensus target price of $74.33.
Shares of Contura Energy (OTCMKTS CNTE) opened at $65.00 on Wednesday. The company has a quick ratio of 1.43, a current ratio of 1.66 and a debt-to-equity ratio of 12.75. The firm has a market cap of $670.11 and a price-to-earnings ratio of 7.39. Contura Energy has a twelve month low of $54.00 and a twelve month high of $78.00.
Contura Energy (OTCMKTS:CNTE) last released its earnings results on Monday, November 27th. The energy company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.41. Contura Energy had a net margin of 4.71% and a return on equity of 219.93%. sell-side analysts anticipate that Contura Energy will post 7.61 EPS for the current year.
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About Contura Energy
Contura Energy, Inc is a diversified provider of metallurgical (met) and steam coal. The Company operates coal mines across three United States coal basins. The Company operates through four segments: Central Appalachia (CAPP) Operations, Northern Appalachia (NAPP) Operations, Powder River Basin (PRB) Operations and Trading and Logistics Operations.
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