Consol Energy (NYSE:CEIX) – Analysts at B. Riley decreased their FY2019 earnings estimates for Consol Energy in a report issued on Tuesday, April 24th. B. Riley analyst L. Pipes now forecasts that the company will post earnings per share of $3.40 for the year, down from their prior estimate of $3.89.

Several other equities research analysts also recently weighed in on the company. Stifel Nicolaus lowered their price target on Consol Energy from $41.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, February 8th. Zacks Investment Research raised Consol Energy from a “hold” rating to a “strong-buy” rating and set a $34.00 price target for the company in a report on Tuesday, April 10th. Finally, ValuEngine downgraded Consol Energy from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $35.33.

CEIX opened at $31.21 on Thursday. Consol Energy has a 1 year low of $19.51 and a 1 year high of $41.89. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.82 and a current ratio of 0.95.

Consol Energy (NYSE:CEIX) last posted its earnings results on Tuesday, February 6th. The company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.43. The company had revenue of $352.32 million during the quarter, compared to analysts’ expectations of $344.75 million.

A number of hedge funds and other institutional investors have recently modified their holdings of CEIX. Louisiana State Employees Retirement System acquired a new stake in Consol Energy in the fourth quarter worth about $439,000. Bank of Montreal Can acquired a new stake in Consol Energy in the fourth quarter worth about $10,322,000. Schwab Charles Investment Management Inc. acquired a new stake in Consol Energy in the fourth quarter worth about $3,399,000. State of Alaska Department of Revenue acquired a new stake in Consol Energy in the fourth quarter worth about $269,000. Finally, Texas Permanent School Fund acquired a new stake in Consol Energy in the fourth quarter worth about $711,000. 94.22% of the stock is owned by institutional investors and hedge funds.

Consol Energy Company Profile

CONSOL Energy Inc produces and exports bituminous thermal and crossover metallurgical coal. The company owns and operates its mining operations in the Northern Appalachian Basin. Its flagship operation is the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey.

Earnings History and Estimates for Consol Energy (NYSE:CEIX)

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