News stories about Peabody Energy Corporation (NYSE:BTU) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Peabody Energy Corporation earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the coal producer an impact score of 46.3459530823697 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Head-To-Head Contrast: Peabody Energy (BTUUQ) vs. Peabody Energy Corporation (BTU) (americanbankingnews.com)
- Critical Comparison: Peabody Energy Corporation (NYSE:BTU) and Arch Coal, Inc. Class A (ARCH) (americanbankingnews.com)
- Surging Earnings Estimates Signal Good News for Peabody Energy (BTU) (finance.yahoo.com)
- [$$] Contura Pulls IPO as Optimism Over Coal Revival Dissipates (finance.yahoo.com)
- Peabody Energy Corporation (BTU) soon to be worth around $34.43, financial analysts predict – AllStockNews (allstocknews.com)
Several research firms have recently weighed in on BTU. Stifel Nicolaus set a $32.00 price objective on shares of Peabody Energy Corporation and gave the company a “hold” rating in a report on Wednesday, August 2nd. FBR & Co reissued an “outperform” rating and set a $34.00 price objective (up from $33.00) on shares of Peabody Energy Corporation in a report on Tuesday, April 18th. Seaport Global Securities raised shares of Peabody Energy Corporation from a “neutral” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Monday, April 24th. MKM Partners began coverage on shares of Peabody Energy Corporation in a report on Thursday, April 27th. They set a “buy” rating and a $53.00 price objective for the company. Finally, J P Morgan Chase & Co reissued an “overweight” rating and set a $35.00 price objective on shares of Peabody Energy Corporation in a report on Wednesday, April 26th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $35.57.
Shares of Peabody Energy Corporation (NYSE BTU) traded down 0.56% during mid-day trading on Friday, reaching $28.25. 905,625 shares of the company traded hands. Peabody Energy Corporation has a 52 week low of $8.75 and a 52 week high of $32.50. The firm’s market capitalization is $2.73 billion. The firm has a 50-day moving average price of $25.76 and a 200 day moving average price of $25.25.
Peabody Energy Corporation (NYSE:BTU) last announced its quarterly earnings data on Tuesday, August 1st. The coal producer reported ($0.18) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by $1.07. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.25 billion. The firm’s revenue for the quarter was up 21.0% compared to the same quarter last year. On average, analysts anticipate that Peabody Energy Corporation will post $5.56 earnings per share for the current year.
In other Peabody Energy Corporation news, major shareholder Associates L.P. Elliott purchased 24,045 shares of Peabody Energy Corporation stock in a transaction on Friday, June 2nd. The stock was bought at an average cost of $23.49 per share, with a total value of $564,817.05. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Glenn L. Kellow purchased 8,520 shares of Peabody Energy Corporation stock in a transaction on Monday, May 22nd. The shares were acquired at an average cost of $23.49 per share, with a total value of $200,134.80. Following the completion of the transaction, the insider now directly owns 689,410 shares in the company, valued at approximately $16,194,240.90. The disclosure for this purchase can be found here. Insiders have acquired a total of 191,010 shares of company stock valued at $4,702,051 over the last three months. 1.27% of the stock is currently owned by insiders.
About Peabody Energy Corporation
Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.
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