Press coverage about Peabody Energy (NYSE:BTU) has been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Peabody Energy earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the coal producer an impact score of 47.4552107306999 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
Several research firms recently weighed in on BTU. Zacks Investment Research cut shares of Peabody Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 20th. JPMorgan Chase restated an “overweight” rating and issued a $48.00 price objective (down previously from $52.00) on shares of Peabody Energy in a research report on Friday, March 16th. ValuEngine cut shares of Peabody Energy from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. B. Riley restated a “buy” rating and issued a $49.00 price objective on shares of Peabody Energy in a research report on Tuesday, January 23rd. Finally, Seaport Global Securities restated a “buy” rating and issued a $48.00 price objective on shares of Peabody Energy in a research report on Monday, January 22nd. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Peabody Energy has an average rating of “Buy” and an average target price of $42.11.
Shares of Peabody Energy opened at $41.64 on Friday, MarketBeat.com reports. The firm has a market cap of $5.28 billion and a price-to-earnings ratio of 11.51. Peabody Energy has a 52 week low of $22.58 and a 52 week high of $42.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.25 and a quick ratio of 2.02.
Peabody Energy (NYSE:BTU) last issued its earnings results on Wednesday, April 25th. The coal producer reported $0.83 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.01). The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.37 billion. Peabody Energy had a net margin of 15.59% and a return on equity of 26.49%. The business’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.80 EPS. sell-side analysts forecast that Peabody Energy will post 3.46 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 4th. Shareholders of record on Monday, May 21st will be given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Friday, May 18th.
In other Peabody Energy news, insider Kemal Williamson sold 1,461 shares of the company’s stock in a transaction on Wednesday, April 4th. The shares were sold at an average price of $36.92, for a total transaction of $53,940.12. Following the completion of the sale, the insider now owns 205,386 shares in the company, valued at approximately $7,582,851.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Charles F. Meintjes sold 1,125 shares of the business’s stock in a transaction on Wednesday, April 4th. The shares were sold at an average price of $36.92, for a total transaction of $41,535.00. Following the completion of the transaction, the executive vice president now directly owns 206,135 shares of the company’s stock, valued at approximately $7,610,504.20. The disclosure for this sale can be found here. Insiders have sold a total of 3,519 shares of company stock valued at $129,921 in the last quarter. Corporate insiders own 0.42% of the company’s stock.
About Peabody Energy
Peabody Energy Corporation engages in coal mining business. The company operates through six segments: Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, and Trading and Brokerage. It is involved in mining, preparation, and sale of thermal coal primarily to electric utilities; and metallurgical coal that include hard coking coal, semi-hard coking coal, semi-soft coking coal, and low-volatile pulverized coal injection for industrial customers.
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