Headlines about Peabody Energy (NYSE:BTU) have been trending somewhat positive this week, according to Alpha One Sentiment. The research firm, a subsidiary of Accern, identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Peabody Energy earned a news sentiment score of 0.23 on Alpha One’s scale. Alpha One also gave headlines about the coal producer an impact score of 84 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected AlphaOne’s analysis:
- How Does Peabody Energy Corporation (NYSE:BTU) Stack Up? – Pearson Press (pearsonnewspress.com)
- Peabody Energy (BTU) PT Lowered to $27 at Stifel; Remains Sidelined – StreetInsider.com (streetinsider.com)
- Increased Earnings Estimates Seen for Peabody Energy (BTU): Can It Move Higher? (finance.yahoo.com)
- Increased Earnings Estimates Seen for Peabody Energy (BTU): Can It Move Higher? – Nasdaq (nasdaq.com)
- [$$] Randles’s Take: In Missouri, Hedge Funds Fight Over Peabody Equity (finance.yahoo.com)
BTU has been the topic of a number of recent research reports. FBR & Co initiated coverage on Peabody Energy in a research note on Thursday, March 30th. They issued an “outperform” rating on the stock. Clarkson Capital reaffirmed a “buy” rating and issued a $44.00 target price on shares of Peabody Energy in a research note on Sunday, April 2nd. Stifel Nicolaus initiated coverage on Peabody Energy in a research note on Wednesday, April 5th. They issued a “hold” rating and a $29.00 target price on the stock. Seaport Global Securities initiated coverage on Peabody Energy in a research note on Friday, April 7th. They issued a “neutral” rating on the stock. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a $35.00 target price on shares of Peabody Energy in a research note on Wednesday, April 26th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $35.14.
Peabody Energy (NYSE:BTU) opened at 23.30 on Friday. The firm has a 50-day moving average price of $25.53 and a 200 day moving average price of $25.53. Peabody Energy has a one year low of $22.61 and a one year high of $32.50. The firm’s market capitalization is $2.26 billion.
Peabody Energy (NYSE:BTU) last announced its earnings results on Thursday, May 4th. The coal producer reported $6.80 EPS for the quarter, topping the consensus estimate of $1.97 by $4.83. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.54 billion. The business’s quarterly revenue was up 29.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($8.85) EPS. Equities research analysts anticipate that Peabody Energy will post $4.04 earnings per share for the current year.
In related news, major shareholder International L.P. Elliott bought 327,056 shares of Peabody Energy stock in a transaction that occurred on Thursday, April 27th. The stock was acquired at an average price of $26.34 per share, with a total value of $8,614,655.04. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Associates L.P. Elliott acquired 173,760 shares of the company’s stock in a transaction on Thursday, April 6th. The stock was acquired at an average price of $27.82 per share, with a total value of $4,834,003.20. Following the purchase, the insider now directly owns 1,055,427 shares in the company, valued at $29,361,979.14. The disclosure for this purchase can be found here. Insiders have purchased a total of 2,596,623 shares of company stock valued at $64,431,311 in the last ninety days.
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Peabody Energy Company Profile
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.
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