Peabody Energy Co. (NYSE:BTU) – Investment analysts at Jefferies Group lowered their FY2018 EPS estimates for Peabody Energy in a research note issued on Wednesday. Jefferies Group analyst C. Lafemina now forecasts that the coal producer will post earnings per share of $2.22 for the year, down from their prior forecast of $2.65. Jefferies Group has a “Buy” rating and a $43.00 price target on the stock. Jefferies Group also issued estimates for Peabody Energy’s FY2019 earnings at $1.56 EPS, FY2020 earnings at $1.13 EPS and FY2021 earnings at $0.96 EPS.

Peabody Energy (NYSE:BTU) last posted its quarterly earnings data on Wednesday, February 7th. The coal producer reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.19. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.51 billion. Peabody Energy had a net margin of 14.41% and a return on equity of 32.83%. The firm’s revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($10.53) earnings per share.

A number of other equities analysts also recently issued reports on the stock. ValuEngine downgraded shares of Peabody Energy from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research raised shares of Peabody Energy from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a report on Wednesday, January 24th. B. Riley reissued a “buy” rating and issued a $49.00 price objective on shares of Peabody Energy in a report on Tuesday, January 23rd. Seaport Global Securities reissued a “buy” rating and issued a $48.00 price objective on shares of Peabody Energy in a report on Monday, January 22nd. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $43.00 price objective on shares of Peabody Energy in a report on Tuesday, January 16th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Peabody Energy currently has an average rating of “Buy” and an average target price of $41.20.

Peabody Energy (NYSE BTU) opened at $38.21 on Monday. The company has a quick ratio of 1.53, a current ratio of 1.76 and a debt-to-equity ratio of 0.46. The stock has a market cap of $3,992.95 and a P/E ratio of 3.97. Peabody Energy has a 1-year low of $22.58 and a 1-year high of $41.17.

The company also recently declared a Not Available dividend, which will be paid on Monday, March 5th. Shareholders of record on Monday, February 19th will be issued a dividend of $0.115 per share. This represents a yield of 0.00296468161897396%. The ex-dividend date is Thursday, February 15th.

A number of large investors have recently modified their holdings of the business. Gendell Jeffrey L purchased a new position in Peabody Energy during the fourth quarter valued at approximately $4,877,000. American International Group Inc. lifted its holdings in Peabody Energy by 8.8% during the fourth quarter. American International Group Inc. now owns 44,956 shares of the coal producer’s stock valued at $1,770,000 after purchasing an additional 3,620 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Peabody Energy during the fourth quarter valued at approximately $3,386,000. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in Peabody Energy by 56,411.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 134,497 shares of the coal producer’s stock valued at $5,295,000 after purchasing an additional 134,259 shares in the last quarter. Finally, Capital Growth Management LP purchased a new position in Peabody Energy during the fourth quarter valued at approximately $2,362,000. 94.33% of the stock is currently owned by institutional investors and hedge funds.

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About Peabody Energy

Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.

Earnings History and Estimates for Peabody Energy (NYSE:BTU)

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