Contura Energy (OTCMKTS:CNTE) had its target price lifted by equities research analysts at B. Riley from $73.00 to $76.00 in a report released on Tuesday, February 13th. The brokerage currently has a “buy” rating on the energy company’s stock. B. Riley’s price target suggests a potential upside of 13.77% from the stock’s previous close. B. Riley also issued estimates for Contura Energy’s Q1 2018 earnings at $6.06 EPS, Q2 2018 earnings at $5.33 EPS, Q3 2018 earnings at $5.13 EPS, Q4 2018 earnings at $3.36 EPS, FY2018 earnings at $19.88 EPS, FY2019 earnings at $10.51 EPS and FY2020 earnings at $9.84 EPS.
CNTE has been the subject of a number of other reports. ValuEngine lowered Contura Energy from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Zacks Investment Research raised Contura Energy from a “hold” rating to a “strong-buy” rating and set a $78.00 price target for the company in a research note on Tuesday, January 30th. Finally, Clarkson Capital lowered Contura Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 17th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $79.33.
Contura Energy (OTCMKTS CNTE) opened at $66.80 on Tuesday. The firm has a market capitalization of $720.28 and a PE ratio of 6.75. The company has a debt-to-equity ratio of 12.75, a current ratio of 1.66 and a quick ratio of 1.43. Contura Energy has a one year low of $54.00 and a one year high of $78.00.
Contura Energy (OTCMKTS:CNTE) last released its quarterly earnings data on Monday, November 27th. The energy company reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.41. Contura Energy had a return on equity of 219.93% and a net margin of 4.71%. research analysts forecast 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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