Consol Energy Inc (NYSE:CEIX) has been assigned a consensus broker rating score of 1.50 (Buy) from the four analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and three have issued a strong buy rating on the company.
Brokers have set a 1-year consensus price target of $48.25 for the company and are predicting that the company will post $0.86 EPS for the current quarter, according to Zacks. Zacks has also assigned Consol Energy an industry rank of 23 out of 257 based on the ratings given to related companies.
CEIX has been the topic of several research reports. B. Riley upped their price objective on shares of Consol Energy from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Monday. Seaport Global Securities reiterated a “buy” rating and issued a $52.00 price objective on shares of Consol Energy in a research note on Thursday, August 2nd. Finally, Zacks Investment Research lowered shares of Consol Energy from a “buy” rating to a “hold” rating in a research note on Thursday, July 26th.
Shares of NYSE:CEIX opened at $39.40 on Thursday. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.26 and a quick ratio of 1.12. The company has a market capitalization of $1.06 billion and a P/E ratio of 8.76. Consol Energy has a 52 week low of $19.51 and a 52 week high of $48.12.
Consol Energy (NYSE:CEIX) last issued its quarterly earnings results on Thursday, November 1st. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.33). The firm had revenue of $295.00 million during the quarter, compared to analysts’ expectations of $338.77 million. Consol Energy had a net margin of 5.61% and a return on equity of 34.09%. The business’s revenue was up 5.7% on a year-over-year basis. On average, research analysts expect that Consol Energy will post 5.1 earnings per share for the current year.
Institutional investors have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. increased its stake in Consol Energy by 246.0% in the 2nd quarter. Meeder Asset Management Inc. now owns 2,889 shares of the company’s stock valued at $111,000 after buying an additional 2,054 shares during the period. Pinebridge Investments L.P. acquired a new position in Consol Energy in the 2nd quarter valued at approximately $187,000. American Century Companies Inc. acquired a new position in Consol Energy in the 3rd quarter valued at approximately $201,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Consol Energy in the 2nd quarter valued at approximately $205,000. Finally, NumerixS Investment Technologies Inc increased its stake in Consol Energy by 1,275.0% in the 2nd quarter. NumerixS Investment Technologies Inc now owns 5,500 shares of the company’s stock valued at $211,000 after buying an additional 5,100 shares during the period. Hedge funds and other institutional investors own 88.27% of the company’s stock.
About Consol Energy
CONSOL Energy Inc produces and exports bituminous thermal and crossover metallurgical coal. The company owns and operates its mining operations in the Northern Appalachian Basin. Its flagship operation is the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey.
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