Consol Energy Inc (NYSE:CEIX) has been given a consensus broker rating score of 1.50 (Buy) from the four analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.
Analysts have set a 1 year consensus target price of $40.75 for the company and are predicting that the company will post $1.18 EPS for the current quarter, according to Zacks. Zacks has also given Consol Energy an industry rank of 182 out of 256 based on the ratings given to its competitors.
Several equities research analysts recently weighed in on CEIX shares. Zacks Investment Research upgraded Consol Energy from a “hold” rating to a “strong-buy” rating and set a $42.00 target price for the company in a report on Wednesday, February 20th. ValuEngine cut Consol Energy from a “hold” rating to a “sell” rating in a report on Friday, April 19th.
Consol Energy stock traded up $0.29 during midday trading on Monday, hitting $25.39. 13,344 shares of the company’s stock were exchanged, compared to its average volume of 229,504. The stock’s 50-day moving average price is $29.21. Consol Energy has a 52-week low of $24.78 and a 52-week high of $47.49. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.84 and a current ratio of 0.97. The firm has a market capitalization of $693.01 million, a P/E ratio of 4.72 and a beta of 1.21.
Consol Energy (NYSE:CEIX) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.42. The firm had revenue of $332.50 million during the quarter, compared to analysts’ expectations of $366.50 million. Consol Energy had a return on equity of 24.27% and a net margin of 7.04%. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period in the prior year, the business earned $2.20 EPS. As a group, research analysts expect that Consol Energy will post 3.84 earnings per share for the current year.
A number of hedge funds have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Consol Energy by 33.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,812 shares of the company’s stock valued at $62,000 after purchasing an additional 455 shares during the last quarter. Meeder Asset Management Inc. raised its position in Consol Energy by 64.8% during the 1st quarter. Meeder Asset Management Inc. now owns 2,091 shares of the company’s stock valued at $70,000 after purchasing an additional 822 shares during the last quarter. Globeflex Capital L P bought a new position in Consol Energy during the 4th quarter valued at approximately $106,000. Oppenheimer Asset Management Inc. bought a new position in Consol Energy during the 4th quarter valued at approximately $128,000. Finally, NumerixS Investment Technologies Inc bought a new position in Consol Energy during the 1st quarter valued at approximately $136,000. Institutional investors own 83.56% of the company’s stock.
About Consol Energy
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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