Is Peabody Energy Corp (NYSE: BTU) Proving The Doubters Wrong?

Peabody Energy Corp (BTU) concluded trading on Wednesday at a closing price of $14.16, with 4.15 million shares of worth about $58.72 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -39.69% during that period and on Wednesday the price saw a loss of about -1.53%. Currently the company’s common shares owned by public are about 121.57M shares, out of which, 120.64M shares are available for trading.

Stock saw a price change of -5.47% in past 5 days and over the past one month there was a price change of -23.21%. Year-to-date (YTD), BTU shares are showing a performance of -32.38% which decreased to -42.79% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.30 but also hit the highest price of $29.94 during that period. The average intraday trading volume for Peabody Energy Corp shares is 3.07 million. The stock is currently trading -14.00% below its 20-day simple moving average (SMA20), while that difference is down -23.60% for SMA50 and it goes to -37.03% lower than SMA200.

Peabody Energy Corp (NYSE: BTU) currently have 121.57M outstanding shares and institutions hold larger chunk of about 92.51% of that.

The stock has a current market capitalization of $1.72B and its 3Y-monthly beta is at 0.93. PE ratio of stock for trailing 12 months is 5.30, while it has posted earnings per share of $2.67 in the same period. It has Quick Ratio of 1.68 while making debt-to-equity ratio of 0.12. 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 4.38% while standing at 4.66% over the month.

Stock’s fiscal year EPS is expected to drop by -49.43% while it is estimated to increase by 106.19% in next year.

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 BMO Capital Markets on December 16, 2024 offering an Outperform rating for the stock and assigned a target price of $26 to it. Coverage by Jefferies stated Peabody Energy Corp (BTU) stock as a Buy in their note to investors on June 07, 2022, suggesting a price target of $36 for the stock. On October 29, 2021, The Benchmark Company Upgrade their recommendations, while on October 04, 2021, B. Riley Securities Upgrade their ratings for the stock with a price target of $22. Stock get a Hold rating from Vertical Research on August 07, 2020.

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