Growth Story Still Intact For Peabody Energy Corp. (BTU)

Peabody Energy Corp. (BTU) concluded trading on 01/04/24 at a closing price of $25.39, with 2.92 million shares of worth about $74.19 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 19.03% during that period and on Thursday the price saw a gain of about 2.42%. Currently the company’s common shares owned by public are about 143.90M shares, out of which, 130.63M 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: 5 analysts are covering the BTU stock and their offered price forecasts bring an average price target of $28.60. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $32.00 and could fall to a lowest price of $25.00. The stock’s current price level is 11.22% above of average price target set by the analysts, while a rise to estimated low would result in loss of -1.56% for the stock. However, touching the estimated high of $32.00 would mean a gain of 20.66% for the stock.

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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 51 times over the past 12 months. They bought 162,107 shares in 40 of the transactions. In 11 selling transactions, insiders dumped 2,730,601 shares.

Peabody Energy Corp. (NYSE: BTU) started trading at $25.00, above $0.21 from concluding price of the previous day. However, the stock later moved at a day high price of 25.67, or with a gain of 2.42%. Stock saw a price change of 1.68% in past 5 days and over the past one month there was a price change of 5.44%. Year-to-date (YTD), BTU shares are showing a performance of 4.40% which increased to 1.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.71 but also hit the highest price of $31.22 during that period. The average intraday trading volume for Peabody Energy Corp. shares is 2.70 million. The stock is currently trading 5.57% above its 20-day simple moving average (SMA20), while that difference is up 6.70% for SMA50 and it goes to 10.48% higher than SMA200.

Peabody Energy Corp. (NYSE: BTU) currently have 143.90M outstanding shares and institutions hold larger chunk of about 79.71% of that.

The stock has a current market capitalization of $3.33B and its 3Y-monthly beta is at 1.00. PE ratio of stock for trailing 12 months is 3.36, while it has posted earnings per share of $7.55 in the same period. It has Quick Ratio of 1.88 while making debt-to-equity ratio of 0.10. 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 2.86% while standing at 2.92% over the month.

Analysts are in expectations that Peabody Energy Corp. (BTU) stock would likely to be making an EPS of $British American Tobacco Indus in the current quarter, while forecast for next quarter EPS is $30.13 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $BTC which is $B2Gold Corp 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 $Peabody Energy Corporation in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -40.05% while it is estimated to decrease by -24.11% in next year.

Analysts at 5 brokerage firms have issued recommendations for the Peabody Energy Corp. (BTU)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.80. Out of those 5 Wall Street analysts, 3 recommended a “Buy” rating, while 2 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 Jefferies on June 07, 2022 offering a Buy rating for the stock and assigned a target price range of between $25 and $36 to it.

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