Consol Energy Inc (NYSE:CEIX) has received a consensus broker rating score of 1.50 (Buy) from the four brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.
Brokerages have set a 12 month consensus price target 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 157 out of 256 based on the ratings given to related companies.
CEIX has been the topic of a number of research analyst reports. ValuEngine cut Consol Energy from a “hold” rating to a “sell” rating in a research note on Friday, April 19th. Zacks Investment Research cut Consol Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 15th.
CEIX traded up $0.24 during trading hours on Tuesday, reaching $25.94. The company’s stock had a trading volume of 152,065 shares, compared to its average volume of 284,203. Consol Energy has a 52 week low of $24.78 and a 52 week high of $47.49. The company’s 50-day simple moving average is $26.72. The company has a current ratio of 0.97, a quick ratio of 0.84 and a debt-to-equity ratio of 1.41. The firm has a market cap of $716.23 million, a price-to-earnings ratio of 5.90 and a beta of 1.05.
Consol Energy (NYSE:CEIX) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.42. Consol Energy had a return on equity of 24.27% and a net margin of 7.04%. The business had revenue of $332.50 million for the quarter, compared to analysts’ expectations of $366.50 million. During the same quarter in the prior year, the business earned $2.20 EPS. The firm’s revenue for the quarter was down 5.3% on a year-over-year basis. Analysts predict that Consol Energy will post 4.06 EPS for the current year.
Hedge funds have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank increased 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 worth $62,000 after buying an additional 455 shares during the period. Meeder Asset Management Inc. increased 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 worth $70,000 after buying an additional 822 shares during the period. Globeflex Capital L P bought a new position in Consol Energy during the 4th quarter worth $106,000. NumerixS Investment Technologies Inc bought a new position in Consol Energy during the 1st quarter worth $136,000. Finally, Convergence Investment Partners LLC bought a new position in Consol Energy during the 1st quarter worth $148,000. Hedge funds and other 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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