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 company, 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.
Brokerages have set a 1 year 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 assigned Consol Energy an industry rank of 195 out of 256 based on the ratings given to its competitors.
A number of equities analysts have weighed in on the stock. Zacks Investment Research raised shares of DLH from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th. ValuEngine upgraded shares of VESTAS WIND SYS/ADR from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Robeco Institutional Asset Management B.V. bought a new stake in shares of Consol Energy in the 2nd quarter valued at $418,000. WINTON GROUP Ltd boosted its holdings in shares of Consol Energy by 4.6% in the 2nd quarter. WINTON GROUP Ltd now owns 250,469 shares of the company’s stock worth $6,665,000 after buying an additional 10,903 shares during the last quarter. Lancaster Investment Management LLP lifted its holdings in Consol Energy by 8.2% during the first quarter. Lancaster Investment Management LLP now owns 703,710 shares of the company’s stock valued at $24,081,000 after purchasing an additional 53,374 shares during the last quarter. AlphaCrest Capital Management LLC purchased a new stake in Consol Energy during the first quarter valued at about $445,000. Finally, AJO LP lifted its holdings in Consol Energy by 7.7% during the first quarter. AJO LP now owns 140,717 shares of the company’s stock valued at $4,815,000 after purchasing an additional 10,120 shares during the last quarter. Hedge funds and other institutional investors own 83.60% of the company’s stock.
CEIX stock traded down $0.14 during trading on Wednesday, hitting $23.48. The company had a trading volume of 125,766 shares, compared to its average volume of 265,219. The stock has a market cap of $652.15 million, a price-to-earnings ratio of 4.36 and a beta of 1.05. Consol Energy has a 1-year low of $22.66 and a 1-year high of $47.49. The company has a 50-day simple moving average of $25.92. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.84 and a current ratio of 0.97.
Consol Energy (NYSE:CEIX) last released its earnings results on Wednesday, May 8th. The company reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 analysts’ expectations of $366.50 million. During the same quarter in the previous year, the firm posted $2.20 EPS. The firm’s quarterly revenue was down 5.3% on a year-over-year basis. As a group, research analysts forecast that Consol Energy will post 4.06 EPS for the current year.
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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