Cloud Peak Energy Inc. (NYSE:CLD) – Stock analysts at B. Riley issued their Q1 2019 earnings per share (EPS) estimates for Cloud Peak Energy in a research report issued on Friday. B. Riley analyst L. Pipes forecasts that the mining company will earn ($0.12) per share for the quarter. B. Riley has a “Neutral” rating on the stock. B. Riley also issued estimates for Cloud Peak Energy’s Q2 2019 earnings at ($0.13) EPS, Q3 2019 earnings at ($0.13) EPS and Q4 2019 earnings at ($0.13) EPS.
A number of other brokerages have also recently issued reports on CLD. Stifel Nicolaus restated a “buy” rating and set a $7.00 price objective on shares of Cloud Peak Energy in a report on Tuesday, January 16th. BMO Capital Markets set a $5.00 price objective on Cloud Peak Energy and gave the stock a “hold” rating in a report on Friday, October 27th. Zacks Investment Research upgraded Cloud Peak Energy from a “hold” rating to a “strong-buy” rating and set a $5.00 price target for the company in a research note on Monday, January 1st. TheStreet upgraded Cloud Peak Energy from a “d+” rating to a “c-” rating in a research note on Friday, October 27th. Finally, JPMorgan Chase & Co. cut Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a research note on Monday, November 20th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. Cloud Peak Energy presently has an average rating of “Hold” and a consensus target price of $4.83.
Shares of Cloud Peak Energy (NYSE:CLD) traded down $0.17 during trading hours on Monday, hitting $3.18. The stock had a trading volume of 1,743,634 shares, compared to its average volume of 1,275,481. Cloud Peak Energy has a 12 month low of $2.78 and a 12 month high of $5.98. The company has a market capitalization of $239.70, a PE ratio of -24.54 and a beta of 1.79. The company has a current ratio of 2.26, a quick ratio of 1.65 and a debt-to-equity ratio of 0.40.
Cloud Peak Energy (NYSE:CLD) last issued its quarterly earnings data on Thursday, February 15th. The mining company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.15). Cloud Peak Energy had a negative return on equity of 3.29% and a negative net margin of 0.75%. The firm had revenue of $213.89 million for the quarter, compared to the consensus estimate of $244.38 million. During the same quarter in the prior year, the firm earned $0.39 EPS. The company’s revenue was down 6.1% on a year-over-year basis.
Several hedge funds have recently modified their holdings of CLD. Schwab Charles Investment Management Inc. lifted its stake in Cloud Peak Energy by 113.2% during the third quarter. Schwab Charles Investment Management Inc. now owns 1,172,787 shares of the mining company’s stock worth $4,293,000 after purchasing an additional 622,821 shares during the last quarter. Kopernik Global Investors LLC lifted its stake in Cloud Peak Energy by 3.9% during the third quarter. Kopernik Global Investors LLC now owns 4,436,525 shares of the mining company’s stock worth $16,239,000 after purchasing an additional 167,978 shares during the last quarter. Vanguard Group Inc. lifted its stake in Cloud Peak Energy by 10.1% during the second quarter. Vanguard Group Inc. now owns 3,944,464 shares of the mining company’s stock worth $13,923,000 after purchasing an additional 362,972 shares during the last quarter. TIAA CREF Investment Management LLC bought a new stake in Cloud Peak Energy during the second quarter worth $711,000. Finally, Macquarie Group Ltd. bought a new stake in Cloud Peak Energy during the third quarter worth $396,000. Institutional investors and hedge funds own 78.73% of the company’s stock.
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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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