In the last trading session, 9,460,930 Peabody Energy Corporation (NYSE:BTU) shares changed hands as the company’s beta touched 1.46. With the company’s per share price at $7.17 changed hands at -$0.34 or -0.05% during last session, the market valuation stood at $733.83 Million. BTU’s last price was a discount, traded about -36.12% off its 52-week high of $9.76. The share price had its 52-week low at $0.8, which suggests the last value was 88.84% up since then. When we look at Peabody Energy Corporation’s average trading volume, we note the 10-day average is 8.49 Million shares, with the 3-month average coming to 6.2 Million.
Analysts gave the Peabody Energy Corporation (BTU) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3. If we narrow down to specifics, the data shows that none out of 4 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, 4 recommended BTU as a Hold, none felt it is a Buy and none rated the stock as Underweight. Peabody Energy Corporation’s EPS for the current quarter is expected to be -$0.67.
Peabody Energy Corporation (NYSE:BTU) trade information
Although BTU has turned red as seen at the end of in last trading. With action -4.53%, the performance over the past five days has been red. The jump to weekly highs of $9.00- on Tuesday, Jun 15 added 20.33% to the stock’s daily price. The company’s shares are showing year-to-date upside of 1.98%, with the 5-day performance at -0.18% in the red. However, in the 30-day time frame, Peabody Energy Corporation (NYSE:BTU) is 0.23% up. Looking at the short shares, we see there were 9.54 Million shares sold at short interest cover period of 1.54 days.
The consensus price target for the stock as assigned by Wall Street analysts is $4.67, meaning bulls need a downside of -34.87% from its current market value. According to analyst projections, BTU’s forecast low is $4 with $6 as the target high. To hit the forecast high, the stock’s price needs a -16.32% upsurge from its current level, while the stock would need to tank -44.21% for it to hit the projected low.
Peabody Energy Corporation (BTU) estimates and forecasts
Data shows that the Peabody Energy Corporation share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot +239.81% over the past 6 months, a 89.94% in annual growth rate that is considerably higher than the industry average of 47%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2021 revenue estimates. The rating firms predict current quarter revenue for Peabody Energy Corporation will rise +95.8%, while the growth in revenue is estimated to hit 43.5% for the next quarter. Year-over-year growth is forecast to reach -0.3% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of $665.63 Million. 2 analysts are of the opinion that Peabody Energy Corporation’s revenue for the quarter ending September 01, 2021 will be $751.4 Million. The company’s revenue for the corresponding quarters a year ago was $697Million and $671Million respectively. According to analysts, the company will likely register a drop in its current quarter sales, forecast at -4.5%. The estimates for the next quarter sales put growth at 12%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 28.1%. The 2021 estimates are for Peabody Energy Corporation earnings to decrease by -818.6%, but the outlook for the next 5-year period is at 0% per year.
Peabody Energy Corporation (NYSE:BTU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.45% of Peabody Energy Corporation shares while 77.01% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 78.14%. There are 152 institutions holding the Peabody Energy Corporation stock share, with Elliott Investment Management L.P. the top institutional holder. As of Mar 30, 2021, the company held 29.42% of the shares, roughly 28.92 Million BTU shares worth $88.48 Million.
Susquehanna International Group, LLP holds the second largest percentage of outstanding shares, with 6.56% or 6.45 Million shares worth $19.72 Million as of Mar 30, 2021.
Among Mutual Funds, the top two as of Mar 30, 2021 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 1905690 shares estimated at $5.83 Million under it, the former controlled 1.94% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.66% of the shares, roughly 1.63 Million shares worth around $4.99 Million.