A -74.51% Or Greater Growth Is Projected For Peabody Energy Corporation (NYSE: BTU) – Marketing Sentinel
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A -74.51% Or Greater Growth Is Projected For Peabody Energy Corporation (NYSE: BTU)

During the last session, Peabody Energy Corporation (NYSE:BTU)’s traded shares were 3.55 million, with the beta value of the company hitting 1.16. At the end of the trading day, the stock’s price was $18.91, reflecting an intraday loss of -2.48% or -$0.48. The 52-week high for the BTU share is $33.29, that puts it down -76.04 from that peak though still a striking 54.63% gain since the share price plummeted to a 52-week low of $8.58. The company’s market capitalization is $2.96B, and the average intraday trading volume over the past 10 days was 5.85 million shares, and the average trade volume was 5.98 million shares over the past three months.

Peabody Energy Corporation (BTU) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.60. BTU has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $3.62.

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Peabody Energy Corporation (NYSE:BTU) trade information

Peabody Energy Corporation (BTU) registered a -2.48% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.48% in intraday trading to $18.91 this Thursday, 08/04/22, hitting a weekly high. The stock’s 5-day price performance is -14.43%, and it has moved by 0.80% in 30 days. Based on these gigs, the overall price performance for the year is 71.75%. The short interest in Peabody Energy Corporation (NYSE:BTU) is 14.67 million shares and it means that shorts have 2.35 day(s) to cover.

The consensus price target of analysts on Wall Street is $28.40, which implies an increase of 33.42% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $24.00 and $33.00 respectively. As a result, BTU is trading at a discount of -74.51% off the target high and -26.92% off the low.

Peabody Energy Corporation (BTU) estimates and forecasts

Statistics show that Peabody Energy Corporation has outperformed its competitors in share price, compared to the industry in which it operates. Peabody Energy Corporation (BTU) shares have gone up 54.37% during the last six months, with a year-to-date growth rate more than the industry average at 135.67% against 40.40. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 1,052.60% this quarter and then drop -24.40% in the quarter after that. In the rating firms’ projections, revenue will increase 40.20% compared to the previous financial year.

Revenue for the current quarter is expected to be $1.36 billion as predicted by 3 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $1.38 billion by the end of Dec 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $905.77 million and $1.26 billion respectively. In this case, analysts expect current quarter sales to grow by 50.20% and then jump by 8.80% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 15.80%. While earnings are projected to return 115.80% in 2022.

BTU Dividends

Peabody Energy Corporation is due to release its next quarterly earnings between April 27 and May 02. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Peabody Energy Corporation (NYSE:BTU)’s Major holders

Peabody Energy Corporation insiders own 1.03% of total outstanding shares while institutional holders control 81.99%, with the float percentage being 82.84%. Elliott Investment Management L.P. is the largest shareholder of the company, while 285 institutions own stock in it. As of Mar 30, 2022, the company held over 25.86 million shares (or 17.98% of all shares), a total value of $634.35 million in shares.

The next largest institutional holding, with 8.21 million shares, is of State Street Corporation’s that is approximately 5.71% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $201.41 million.

Also, the Mutual Funds coming in first place with the largest holdings of Peabody Energy Corporation (BTU) shares are SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF and Vanguard Total Stock Market Index Fund. Data provided on Jun 29, 2022 indicates that SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF owns about 3.78 million shares. This amounts to just over 2.63 percent of the company’s overall shares, with a $80.69 million market value. The same data shows that the other fund manager holds slightly less at 3.09 million, or about 2.15% of the stock, which is worth about $75.84 million.

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