ValuEngine upgraded shares of Contura Energy (OTCMKTS:CNTE) from a sell rating to a hold rating in a research note issued to investors on Monday.
CNTE has been the topic of a number of other research reports. B. Riley upped their target price on shares of Contura Energy from $78.00 to $88.00 and gave the stock a buy rating in a report on Tuesday, May 1st. Clarkson Capital raised shares of Contura Energy from a neutral rating to a buy rating in a research report on Monday, April 30th. Finally, Zacks Investment Research downgraded shares of Contura Energy from a strong-buy rating to a hold rating in a research report on Thursday, May 31st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Contura Energy has a consensus rating of Buy and a consensus target price of $83.00.
CNTE opened at $73.50 on Monday. Contura Energy has a fifty-two week low of $54.00 and a fifty-two week high of $80.00. The stock has a market capitalization of $790.16 million, a P/E ratio of 7.20 and a beta of 1.26.
Contura Energy (OTCMKTS:CNTE) last posted its earnings results on Thursday, March 29th. The energy company reported $1.57 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.66 by ($0.09). Contura Energy had a return on equity of 324.63% and a net margin of 9.63%. The business had revenue of $352.65 million during the quarter, compared to analyst estimates of $383.00 million. analysts expect that Contura Energy will post 19.85 earnings per share for the current fiscal year.
About Contura Energy
Contura Energy, Inc extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial customers the United States. The company operates in four segments: Central Appalachia Operations, Northern Appalachia Operations, Powder River Basin Operations, and Trading and Logistics.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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