Peabody Energy Co. (NYSE:BTU) – Stock analysts at Jefferies Financial Group upped their FY2022 earnings per share (EPS) estimates for shares of Peabody Energy in a research report issued to clients and investors on Wednesday, September 22nd. Jefferies Financial Group analyst C. Lafemina now forecasts that the coal producer will post earnings per share of $4.07 for the year, up from their prior estimate of $3.13. Jefferies Financial Group also issued estimates for Peabody Energy’s FY2024 earnings at $1.17 EPS and FY2025 earnings at $0.65 EPS.
Peabody Energy (NYSE:BTU) last announced its earnings results on Thursday, July 29th. The coal producer reported ($0.35) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.76) by $0.41. Peabody Energy had a negative return on equity of 23.85% and a negative net margin of 10.96%. The firm had revenue of $723.40 million for the quarter, compared to the consensus estimate of $691.00 million.
Peabody Energy stock opened at $12.97 on Friday. The company has a market cap of $1.48 billion, a price-to-earnings ratio of -4.18 and a beta of 1.56. The business’s 50 day simple moving average is $13.86 and its 200 day simple moving average is $8.70. Peabody Energy has a 12 month low of $0.80 and a 12 month high of $19.83. The company has a current ratio of 1.58, a quick ratio of 1.29 and a debt-to-equity ratio of 1.39.
In other news, insider Kemal Williamson sold 77,821 shares of Peabody Energy stock in a transaction on Friday, September 17th. The shares were sold at an average price of $14.88, for a total transaction of $1,157,976.48. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Elliott Investment Management sold 1,188,801 shares of Peabody Energy stock in a transaction on Wednesday, September 15th. The stock was sold at an average price of $17.14, for a total transaction of $20,376,049.14. The disclosure for this sale can be found here. Insiders have sold 1,441,620 shares of company stock valued at $24,178,245 in the last ninety days. Insiders own 0.78% of the company’s stock.
Several institutional investors have recently bought and sold shares of BTU. PDT Partners LLC bought a new position in Peabody Energy during the 1st quarter valued at about $31,000. XTX Topco Ltd acquired a new stake in shares of Peabody Energy in the first quarter worth $51,000. AQR Capital Management LLC acquired a new stake in shares of Peabody Energy in the first quarter worth $54,000. Steel Peak Wealth Management LLC acquired a new stake in shares of Peabody Energy in the first quarter worth $70,000. Finally, UBS Group AG boosted its holdings in Peabody Energy by 36.2% during the first quarter. UBS Group AG now owns 24,046 shares of the coal producer’s stock worth $73,000 after buying an additional 6,397 shares in the last quarter. Hedge funds and other institutional investors own 71.50% of the company’s stock.
About Peabody Energy
Peabody Energy Corp. engages in the business of coal mining. It operates through the following segments: Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Seaborne Metallurgical Mining, Seaborne Thermal Mining and Corporate and Other. The Powder River Basin Mining segment consists of its mines in Wyoming.
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