Shares of Consol Energy Inc (NYSE:CEIX) have been given an average broker rating score of 1.50 (Buy) from the four analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and three have given a strong buy rating to the company.
Analysts have set a 1 year consensus price target of $43.00 for the company and are forecasting that the company will post $1.20 EPS for the current quarter, according to Zacks. Zacks has also assigned Consol Energy an industry rank of 156 out of 256 based on the ratings given to its competitors.
CEIX has been the subject of several recent research reports. Zacks Investment Research upgraded Consol Energy from a “hold” rating to a “strong-buy” rating and set a $42.00 price target for the company in a research note on Wednesday, February 20th. ValuEngine upgraded shares of Consol Energy from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Finally, Seaport Global Securities set a $50.00 price target on shares of Consol Energy and gave the company a “buy” rating in a report on Saturday, February 9th.
In other Consol Energy news, SVP James J. Mccaffrey sold 1,738 shares of the firm’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $38.40, for a total value of $66,739.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.26% of the stock is owned by company insiders.
Large investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Consol Energy by 33.5% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,812 shares of the company’s stock worth $62,000 after acquiring an additional 455 shares during the last quarter. Meeder Asset Management Inc. lifted its position in Consol Energy by 64.8% in the 1st quarter. Meeder Asset Management Inc. now owns 2,091 shares of the company’s stock valued at $70,000 after acquiring an additional 822 shares in the last quarter. Globeflex Capital L P bought a new position in Consol Energy in the 4th quarter valued at about $106,000. Oppenheimer Asset Management Inc. bought a new position in Consol Energy in the 4th quarter valued at about $128,000. Finally, NumerixS Investment Technologies Inc bought a new position in Consol Energy in the 1st quarter valued at about $136,000. 81.95% of the stock is owned by hedge funds and other institutional investors.
CEIX stock traded down $0.08 during mid-day trading on Friday, hitting $27.24. The stock had a trading volume of 236,336 shares, compared to its average volume of 261,480. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.97 and a quick ratio of 0.84. Consol Energy has a 1-year low of $27.13 and a 1-year high of $48.12. The firm has a market cap of $752.12 million, a P/E ratio of 5.06 and a beta of 0.78.
Consol Energy (NYSE:CEIX) last issued its earnings results on Wednesday, May 8th. The company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.42. Consol Energy had a return on equity of 24.27% and a net margin of 7.04%. The company had revenue of $332.50 million for the quarter, compared to analyst estimates of $366.50 million. During the same period in the prior year, the firm posted $2.20 EPS. The business’s revenue was down 5.3% compared to the same quarter last year. As a group, research analysts expect that Consol Energy will post 3.8 EPS for the current year.
Consol Energy Company Profile
CONSOL Energy Inc produces and exports bituminous coal. It owns and operates its mining operations in the Northern Appalachian Basin. The company owns and operates the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey; and CONSOL Marine Terminal located in the port of Baltimore.
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