Arch Coal (ARCH) Receiving Favorable Press Coverage, Analysis Shows

News coverage about Arch Coal (NYSE:ARCH) has been trending positive on Friday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Arch Coal earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned headlines about the energy company an impact score of 46.62416568574 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

NYSE:ARCH opened at $82.11 on Friday. The firm has a market capitalization of $2,059.85, a PE ratio of 7.23 and a beta of -0.14. Arch Coal has a 1-year low of $60.13 and a 1-year high of $102.61. The company has a current ratio of 2.49, a quick ratio of 2.10 and a debt-to-equity ratio of 0.47.

Arch Coal (NYSE:ARCH) last released its quarterly earnings data on Thursday, April 26th. The energy company reported $2.74 earnings per share for the quarter, missing the Zacks’ consensus estimate of $4.30 by ($1.56). The firm had revenue of $575.30 million for the quarter, compared to analysts’ expectations of $594.04 million. Arch Coal’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.55 EPS. research analysts predict that Arch Coal will post 13.4 EPS for the current fiscal year.

A number of brokerages have issued reports on ARCH. Seaport Global Securities set a $112.00 price target on shares of Arch Coal and gave the company a “buy” rating in a research note on Monday. Zacks Investment Research lowered shares of Arch Coal from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 17th. ValuEngine lowered shares of Arch Coal from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. JPMorgan Chase upped their price target on shares of Arch Coal from $90.00 to $94.00 and gave the company a “hold” rating in a research note on Thursday, February 15th. Finally, Jefferies Group set a $120.00 price target on shares of Arch Coal and gave the company a “buy” rating in a research note on Tuesday, February 13th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Arch Coal has an average rating of “Buy” and a consensus target price of $102.44.

Arch Coal Company Profile

Arch Coal, Inc produces and sells thermal and metallurgical coal from surface and underground mines. As of December 31, 2017, the company operated 9 active mines located in Wyoming, West Virginia, Kentucky, Virginia, Colorado, and Illinois. It also owned or controlled, primarily through long-term leases, approximately 28,292 acres of coal land in Ohio; 1,060 acres of coal land in Maryland; 10,108 acres of coal land in Virginia; 359,160 acres of coal land in West Virginia; 98,488 acres of coal land in Wyoming; 267,857 acres of coal land in Illinois; 34,446 acres of coal land in Kentucky; 9,840 acres of coal land in Montana; 21,802 acres of coal land in New Mexico; 358 acres of coal land in Pennsylvania; and 20,165 acres of coal land in Colorado, as well as owned or controlled through long-term leases smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.

Insider Buying and Selling by Quarter for Arch Coal (NYSE:ARCH)

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