Cloud Peak Energy (NYSE:CLD) released its earnings results on Thursday. The mining company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.15), Yahoo Finance reports. The firm had revenue of $213.89 million during the quarter, compared to analyst estimates of $244.38 million. Cloud Peak Energy’s quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.39 EPS.
Cloud Peak Energy (NYSE CLD) opened at $4.28 on Friday. Cloud Peak Energy has a 1 year low of $2.78 and a 1 year high of $6.24. The company has a market capitalization of $315.60, a P/E ratio of 52.50 and a beta of 1.80. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.61 and a current ratio of 2.14.
Several equities analysts have recently weighed in on CLD shares. Zacks Investment Research upgraded Cloud Peak Energy from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research report on Thursday, October 19th. BMO Capital Markets set a $5.00 target price on Cloud Peak Energy and gave the company a “hold” rating in a research report on Friday, October 27th. TheStreet upgraded Cloud Peak Energy from a “d+” rating to a “c-” rating in a research report on Friday, October 27th. B. Riley restated a “neutral” rating on shares of Cloud Peak Energy in a research report on Wednesday, November 1st. Finally, JPMorgan Chase & Co. downgraded Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a research report on Monday, November 20th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $5.00.
Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.
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