Arch Coal (ARCH) to Release Earnings on Thursday

Arch Coal (NYSE:ARCH) is set to issue its quarterly earnings data before the market opens on Thursday, February 14th. Analysts expect the company to announce earnings of $3.36 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

ARCH stock opened at $80.81 on Tuesday. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 7.11 and a beta of -0.02. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.62 and a quick ratio of 2.13. Arch Coal has a 12 month low of $75.09 and a 12 month high of $102.61.

ARCH has been the subject of a number of recent research reports. Macquarie set a $101.00 price objective on shares of Arch Coal and gave the company a “hold” rating in a report on Wednesday, October 24th. B. Riley increased their price objective on shares of Arch Coal from $106.00 to $107.00 and gave the company a “buy” rating in a report on Wednesday, October 24th. ValuEngine downgraded shares of Arch Coal from a “buy” rating to a “hold” rating in a report on Thursday, November 1st. MKM Partners set a $126.00 price objective on shares of Arch Coal and gave the company a “buy” rating in a report on Thursday, November 8th. Finally, BMO Capital Markets initiated coverage on shares of Arch Coal in a report on Friday, November 30th. They issued a “market perform” rating and a $95.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $103.78.

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About Arch Coal

Arch Coal, Inc produces and sells thermal and metallurgical coal from surface and underground mines. As of December 31, 2017, the company operated 9 active mines located in Wyoming, West Virginia, Kentucky, Virginia, Colorado, and Illinois. It also owned or controlled, primarily through long-term leases, approximately 28,292 acres of coal land in Ohio; 1,060 acres of coal land in Maryland; 10,108 acres of coal land in Virginia; 359,160 acres of coal land in West Virginia; 98,488 acres of coal land in Wyoming; 267,857 acres of coal land in Illinois; 34,446 acres of coal land in Kentucky; 9,840 acres of coal land in Montana; 21,802 acres of coal land in New Mexico; 358 acres of coal land in Pennsylvania; and 20,165 acres of coal land in Colorado, as well as owned or controlled through long-term leases smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.

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Earnings History for Arch Coal (NYSE:ARCH)

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