Peabody Energy (BTU) Projected to Post Earnings on Thursday

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

Peabody Energy Trading Down 3.5 %

BTU stock opened at $17.51 on Tuesday. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 4.63 and a beta of 0.95. Peabody Energy has a 52 week low of $17.49 and a 52 week high of $29.94. The company has a quick ratio of 1.75, a current ratio of 2.32 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $20.73 and a 200-day simple moving average of $23.00.

Insider Buying and Selling at Peabody Energy

In other news, CFO Mark Spurbeck sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $29.52, for a total value of $295,200.00. Following the completion of the sale, the chief financial officer now owns 65,710 shares of the company’s stock, valued at $1,939,759.20. This trade represents a 13.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on BTU. Jefferies Financial Group decreased their price objective on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Benchmark raised their price target on Peabody Energy from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, BMO Capital Markets upgraded Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 price objective for the company in a research report on Monday, December 16th.

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.