Core Natural Resources (CNR) Expected to Announce Quarterly Earnings on Thursday

Core Natural Resources (NYSE:CNR) is projected to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Core Natural Resources to post earnings of $1.63 per share and revenue of $493.50 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Core Natural Resources Stock Down 1.2 %

Shares of Core Natural Resources stock opened at $78.48 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 1.16 and a debt-to-equity ratio of 0.05. The business’s 50 day simple moving average is $130.73 and its 200-day simple moving average is $138.45. The stock has a market capitalization of $2.31 billion, a price-to-earnings ratio of 5.76 and a beta of 1.74. Core Natural Resources has a twelve month low of $75.43 and a twelve month high of $134.59.

Analyst Ratings Changes

CNR has been the topic of a number of research reports. Jefferies Financial Group upgraded Core Natural Resources from a “hold” rating to a “buy” rating and dropped their price target for the stock from $165.00 to $150.00 in a research report on Monday, January 6th. Benchmark increased their price target on Core Natural Resources from $105.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. Piper Sandler upgraded Core Natural Resources from a “neutral” rating to an “overweight” rating and dropped their price target for the stock from $165.00 to $150.00 in a research report on Monday, January 6th. Finally, StockNews.com initiated coverage on Core Natural Resources in a research report on Thursday, January 30th. They set a “hold” rating on the stock. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $158.83.

About Core Natural Resources

Core Natural Resources, Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company’s PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.