Peabody Energy Co. (NYSE:BTU) has earned a consensus rating of “Buy” from the eight research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $41.20.

BTU has been the topic of several research analyst reports. Clarkson Capital cut shares of Peabody Energy from a “buy” rating to a “neutral” rating in a research note on Friday, November 16th. Zacks Investment Research upgraded shares of Peabody Energy from a “sell” rating to a “hold” rating in a research note on Thursday, January 3rd. B. Riley reduced their target price on shares of Peabody Energy from $45.00 to $42.00 and set a “buy” rating on the stock in a research note on Monday, November 5th. ValuEngine cut Peabody Energy from a “sell” rating to a “strong sell” rating in a report on Thursday, November 1st. Finally, MKM Partners set a $44.00 target price on Peabody Energy and gave the stock a “buy” rating in a research report on Friday.

BTU stock traded down $0.21 during trading on Wednesday, reaching $29.52. 28,074 shares of the company were exchanged, compared to its average volume of 835,701. Peabody Energy has a 52-week low of $29.08 and a 52-week high of $47.84. The company has a market cap of $3.39 billion, a P/E ratio of 9.39 and a beta of 0.77. The company has a current ratio of 1.85, a quick ratio of 1.58 and a debt-to-equity ratio of 0.39.

Peabody Energy (NYSE:BTU) last released its quarterly earnings data on Wednesday, February 6th. The coal producer reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.20. Peabody Energy had a net margin of 11.73% and a return on equity of 14.57%. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the previous year, the firm earned $2.47 earnings per share. Peabody Energy’s revenue for the quarter was down 7.9% on a year-over-year basis. On average, equities research analysts expect that Peabody Energy will post 2.36 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 6th. Shareholders of record on Wednesday, February 20th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, February 19th. This represents a $0.52 annualized dividend and a dividend yield of 1.76%. Peabody Energy’s payout ratio is presently 16.51%.

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Peabody Energy by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 8,245,056 shares of the coal producer’s stock worth $293,854,000 after buying an additional 160,452 shares during the period. Vanguard Group Inc boosted its stake in Peabody Energy by 2.0% in the third quarter. Vanguard Group Inc now owns 8,245,056 shares of the coal producer’s stock valued at $293,854,000 after buying an additional 160,452 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Peabody Energy by 7.7% in the third quarter. Dimensional Fund Advisors LP now owns 3,292,224 shares of the coal producer’s stock valued at $117,367,000 after buying an additional 236,776 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Peabody Energy by 90.7% in the third quarter. JPMorgan Chase & Co. now owns 2,593,969 shares of the coal producer’s stock valued at $92,449,000 after buying an additional 1,233,753 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in Peabody Energy by 11.1% in the third quarter. Renaissance Technologies LLC now owns 1,837,509 shares of the coal producer’s stock valued at $65,489,000 after purchasing an additional 183,209 shares during the last quarter. Institutional investors own 99.16% of the company’s stock.

About Peabody Energy

Peabody Energy Corporation engages in coal mining business. The company operates through six segments: Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, and Trading and Brokerage. It is involved in mining, preparation, and sale of thermal coal primarily to electric utilities; and metallurgical coal that include hard coking coal, semi-hard coking coal, semi-soft coking coal, and low-volatile pulverized coal injection for industrial customers.

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Analyst Recommendations for Peabody Energy (NYSE:BTU)

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