Peabody Energy (BTU) to Release Quarterly Earnings on Thursday

Peabody Energy (NYSE:BTU) will likely be posting its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Peabody Energy to post earnings of $0.53 per share and revenue of $1.09 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Peabody Energy Trading Down 3.5 %

Shares of NYSE:BTU opened at $17.51 on Tuesday. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 4.63 and a beta of 0.95. The business’s 50 day moving average price is $20.73 and its 200-day moving average price is $23.00. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.32 and a quick ratio of 1.75. Peabody Energy has a 1 year low of $17.49 and a 1 year high of $29.94.

Insider Activity at Peabody Energy

In other news, CFO Mark Spurbeck sold 10,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $29.52, for a total transaction of $295,200.00. Following the completion of the transaction, the chief financial officer now directly owns 65,710 shares of the company’s stock, valued at approximately $1,939,759.20. The trade was a 13.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Jefferies Financial Group reduced their target price on Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a report on Monday, January 6th. BMO Capital Markets upgraded Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 target price on the stock in a report on Monday, December 16th. Finally, Benchmark upped their price objective on shares of Peabody Energy from $28.00 to $30.00 and gave the company a “buy” rating in a report on Friday, November 1st.

Peabody Energy Company Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.