In the last trading session, 2,180,216 shares of the Peabody Energy Corporation(NYSE:BTU) were traded, and its beta was 1.53. Most recently the company’s share price was $3.87, and it changed around -$0.02 or -0.01% from the last close, which brings the market valuation of the company to $378.49 Million. BTU currently trades at a discount to its 52-week high of $7.03, offering almost -81.65% off that amount. The share price’s 52-week low was $0.8, which indicates that the current value has risen by an impressive 79.33% since then. We note from Peabody Energy Corporation’s average daily trading volume that its 10-day average is 3.36 Million shares, with the 3-month average coming to 4.44 Million.
Peabody Energy Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 3. If we narrow it down even further, the data shows that none out of 5 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 5 recommended BTU as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. Peabody Energy Corporation is expected to report earnings per share of -$0.82 for the current quarter.
Peabody Energy Corporation (NYSE:BTU): Trading Information
Although BTU has showed a red trend with a performance of -0.51% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $4.63- on Tuesday, Feb 16 increased the stock’s daily price by 16.41%. The company’s shares are currently up 0.61% year-to-date, but still up 0.0265 over the last five days. On the other hand, Peabody Energy Corporation (NYSE:BTU) is -0.05% down in the 30-day period. We can see from the shorts that 4.73 Million shares have been sold at a short interest cover period of 1.07 day(s).
The consensus price target as assigned by Wall Street analysts is $3.81, which translates to bears needing to reduce their stock price by -1.55% from its current value. Analyst projections state that BTU is forecast to be at a low of $3.5 and a high of $4.5. In order for the stock price to hit the forecast high, the stock would need to surge +16.28% from its current level, while the stock would need to crash -9.56% from its current level to reach the projected low.
Peabody Energy Corporation (BTU) projections and forecasts
Peabody Energy Corporation share prices are not performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +45.49 percent over the past six months and at a -88.57% annual growth rate that is well below the industry average of 3.5%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will gain +38.3% in revenue this quarter, and will report an increase of 94.1% in the next quarter. The year-over-year growth rate is expected to be -0.2%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $667.25 Million in revenue for the current quarter. 1 analysts expect Peabody Energy Corporation to make $706.4 Million in revenue for the quarter ending June 01, 2021. The company’s sales for the same quarters a year ago were $846.2 Million and $697Million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -21.1%. Forecasts for the next quarter put sales growth at 1.3%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 44.5%. Peabody Energy Corporation earnings are expected to decrease by -147.4% in 2021, but the outlook is negative 0% per year for the next five years.
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Peabody Energy Corporation (NYSE:BTU)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 1.26% of Peabody Energy Corporation shares, and 97.31% of them are in the hands of institutional investors. The stock currently has a share float of 98.55%. Peabody Energy Corporation stock is held by 175 institutions, with Elliott Investment Management L.P. being the largest institutional investor. By Sep 29, 2020, it held 29.57% of the shares, which is about 28.92 Million shares worth $66.51 Million.
Price (T.Rowe) Associates Inc, with 9.87% or 9.65 Million shares worth $22.2 Million as of Sep 29, 2020, holds the second largest percentage of outstanding shares.