CONSOL Energy (NYSE:CEIX) Trading 6.9% Higher

CONSOL Energy Inc. (NYSE:CEIX) rose 6.9% on Tuesday . The company traded as high as $89.23 and last traded at $89.23. Approximately 55,761 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 536,141 shares. The stock had previously closed at $83.48.

Analyst Ratings Changes

Separately, B. Riley decreased their price objective on CONSOL Energy from $100.00 to $98.00 and set a “buy” rating on the stock in a research note on Wednesday, April 10th.

CONSOL Energy Trading Up 5.4 %

The company has a debt-to-equity ratio of 0.14, a current ratio of 1.35 and a quick ratio of 1.16. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 4.25 and a beta of 1.77. The business’s 50-day moving average price is $84.56 and its two-hundred day moving average price is $92.41.

CONSOL Energy (NYSE:CEIX) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share for the quarter, topping analysts’ consensus estimates of $4.28 by $0.77. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. The company had revenue of $649.90 million for the quarter, compared to analyst estimates of $608.90 million. During the same quarter in the prior year, the company posted $3.89 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. Equities analysts expect that CONSOL Energy Inc. will post 11.02 earnings per share for the current year.

Insider Activity at CONSOL Energy

In other CONSOL Energy news, CAO John Rothka sold 2,000 shares of CONSOL Energy stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $94.56, for a total value of $189,120.00. Following the completion of the sale, the chief accounting officer now owns 13,108 shares in the company, valued at approximately $1,239,492.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.10% of the company’s stock.

Institutional Trading of CONSOL Energy

Several institutional investors have recently made changes to their positions in CEIX. Vanguard Group Inc. lifted its position in CONSOL Energy by 21.0% during the fourth quarter. Vanguard Group Inc. now owns 2,437,023 shares of the company’s stock valued at $244,994,000 after buying an additional 423,338 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in CONSOL Energy by 3.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,140,661 shares of the company’s stock worth $215,203,000 after purchasing an additional 71,873 shares during the period. Pacer Advisors Inc. increased its holdings in CONSOL Energy by 58.3% in the 4th quarter. Pacer Advisors Inc. now owns 1,208,213 shares of the company’s stock valued at $121,462,000 after purchasing an additional 445,155 shares in the last quarter. Invesco Ltd. raised its position in CONSOL Energy by 1.9% in the third quarter. Invesco Ltd. now owns 442,081 shares of the company’s stock valued at $46,379,000 after purchasing an additional 8,190 shares during the period. Finally, American Century Companies Inc. lifted its stake in shares of CONSOL Energy by 8.4% during the third quarter. American Century Companies Inc. now owns 418,065 shares of the company’s stock worth $43,859,000 after purchasing an additional 32,492 shares in the last quarter. 86.54% of the stock is owned by hedge funds and other institutional investors.

CONSOL Energy Company Profile

CONSOL Energy 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.