Set Your Sights On Peabody Energy Corporation (NYSE: BTU)’S Upside Potential


    T. Rowe Price Associates, Inc. (I.. has recently announced that it has increased stake in Peabody Energy Corporation (NYSE:BTU) by 58.11%. After grabbing 9.16 million shares, the institutional investor is now in possession of 3.36 million shares of the Energy Company. The new investment brought the stake of investor firm to 9.37% having worth around $28.56 million. Moreover, Susquehanna Investment Group LLC increased its share by 47500.0 to have a control over 6.51 million shares. And BlackRock Fund Advisors raised its holdings to 0.15 million shares by acquiring 4.52 million shares or 4.63% of the stake.

    Peabody Energy Corporation (BTU) concluded trading on 08/26/20 at a closing price of $2.38, with 2.22 million shares of worth about $5.28 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -10.53% during that period and on Wednesday the price saw a gain of about 1.28%. Currently the company’s common shares owned by public are about 97.90M shares, out of which, 96.57M shares are available for trading.

    A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 7 analysts are covering the BTU stock and their offered price forecasts bring an average price target of $3.17. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $4.00 and could fall to a lowest price of $3.00. Analysts also issued an outlook of 3.00 for the Peabody Energy Corporation stock for next 12 months. The stock’s current price level is 24.92% above of average price target set by the analysts, while a rise to estimated low would result in gain of 20.67 for the stock. However, touching the estimated high of $4.00 would mean a gain of 40.5% for the stock.

    According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.

    T Rowe Price Mid Cap Value Fund, Vanguard Total Stock Market Index, and DFA US Small Cap Value Portfolio are the top 3 mutual funds which are holding stakes in Peabody Energy Corporation T Rowe Price Mid Cap Value Fund is currently holding 5.9 million shares of worth totaling $18.42 million. The company recently came buying 5.9 million shares which brought its stake up to 6.04% of the company’s outstanding shares. DFA US Small Cap Value Portfolio, after buying 1.87 million shares, have now control over 1.92% of the stake in the company. It holds 0.12 million shares of worth $5.84 million.

    Peabody Energy Corporation (NYSE: BTU) started trading at $2.34, below -$0.01 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $2.38, or with a gain of 1.28%. Stock saw a price change of -10.53% in past 5 days and over the past one month there was a price change of -26.09%. Year-to-date (YTD), BTU shares are showing a performance of -73.90% which decreased to -86.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.27 but also hit the highest price of $19.29 during that period. While comparing its average daily trading volume of 2.10 million shares, we see that about 2.22 million changed hands on the day. The stock is currently trading -14.20% below its 20-day simple moving average (SMA20), while that difference is down -18.16% for SMA50 and it goes to -55.05% lower than SMA200.

    T. Rowe Price Associates, Inc. (I.. acquired 9.16 million shares of Peabody Energy Corporation having value of about $28.56 million. Data submitted at the U.S SEC by T. Rowe Price Associates, Inc. (I.. revealed that the firm now holds 3.36 million shares in the company valued at close to $8007936.02, or have control over 58.11% stake in the company. Peabody Energy Corporation (NYSE: BTU) currently have 97.90M outstanding shares and institutions hold larger chunk of about 98.00% of that. Holding of mutual funds in the company is about 29.44% while other institutional holders and individual stake holders have control over 69.27% and 28.33% of the stake respectively.

    The stock has a current market capitalization of $250.26M and its 3Y-monthly beta is at 1.49. It has posted earnings per share of -$20.96 in the same period. It has Quick Ratio of 1.60 while making debt-to-equity ratio of 1.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BTU, volatility over the week remained 7.46% while standing at 8.19% over the month.

    Analysts are in expectations that Peabody Energy Corporation (BTU) stock would likely to be making an EPS of -$0.89 in the current quarter, while forecast for next quarter ESPS is -$0.53 and it is -$2.65 for next year. For the current quarter EPS, analysts have given the company a lowest target -$1.07 which is -$0.62 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.81 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -147.40% while it is estimated to increase by 85.60% in next year.

    Analysts at 7 brokerage firms have issued recommendations for the Peabody Energy Corporation (BTU)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.00. Out of those 7 Wall Street analysts, 0 recommended a “Buy” rating, while 7 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

    Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Vertical Research on August 07, 2020 offering a Hold rating for the stock and assigned a target price of $3 to it. Coverage by Clarksons Platou stated Peabody Energy Corporation (BTU) stock as a Neutral in their note to investors on May 07, 2020, suggesting a price target of for the stock. On March 20, 2020, Deutsche Bank Downgrade their recommendations, while on February 07, 2020, The Benchmark Company Initiated their ratings for the stock with a price target of. Stock get a Neutral rating from B. Riley FBR on October 30, 2019.


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