During the last session, CONSOL Energy Inc. (NYSE:CEIX)’s traded shares were 0.9 million, with the beta value of the company hitting 2.01. At the end of the trading day, the stock’s price was $61.88, reflecting an intraday gain of 1.51% or $0.92. The 52-week high for the CEIX share is $66.05, that puts it down -6.74 from that peak though still a striking 69.12% gain since the share price plummeted to a 52-week low of $19.11. The company’s market capitalization is $2.26B, and the average intraday trading volume over the past 10 days was 0.62 million shares, and the average trade volume was 788.49K shares over the past three months.
CONSOL Energy Inc. (CEIX) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 2.00. CEIX has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 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 $2.26.
CONSOL Energy Inc. (NYSE:CEIX) trade information
CONSOL Energy Inc. (CEIX) registered a 1.51% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.51% in intraday trading to $61.88 this Friday, 08/05/22, hitting a weekly high. The stock’s 5-day price performance is 0.91%, and it has moved by 27.43% in 30 days. Based on these gigs, the overall price performance for the year is 192.30%. The short interest in CONSOL Energy Inc. (NYSE:CEIX) is 1.75 million shares and it means that shorts have 1.88 day(s) to cover.
The consensus price target of analysts on Wall Street is $75.33, which implies an increase of 17.85% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $72.00 and $79.00 respectively. As a result, CEIX is trading at a discount of -27.67% off the target high and -16.35% off the low.
CONSOL Energy Inc. (CEIX) estimates and forecasts
Statistics show that CONSOL Energy Inc. has outperformed its competitors in share price, compared to the industry in which it operates. CONSOL Energy Inc. (CEIX) shares have gone up 159.89% during the last six months, with a year-to-date growth rate more than the industry average at 169.90% against 27.00. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 1,783.30% this quarter and then jump 170.60% in the quarter after that. In the rating firms’ projections, revenue will increase 36.30% compared to the previous financial year.
Revenue for the current quarter is expected to be $445.25 million as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $450.3 million by the end of Sep 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -8.20%. While earnings are projected to return 357.60% in 2022.
CONSOL Energy Inc. is due to release its next quarterly earnings between April 11 and April 15. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
CONSOL Energy Inc. (NYSE:CEIX)’s Major holders
CONSOL Energy Inc. insiders own 2.12% of total outstanding shares while institutional holders control 83.91%, with the float percentage being 85.73%. Blackrock Inc. is the largest shareholder of the company, while 257 institutions own stock in it. As of Mar 30, 2022, the company held over 5.19 million shares (or 14.90% of all shares), a total value of $195.26 million in shares.
The next largest institutional holding, with 2.38 million shares, is of State Street Corporation’s that is approximately 6.83% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $89.52 million.
Also, the Mutual Funds coming in first place with the largest holdings of CONSOL Energy Inc. (CEIX) shares are iShares Core S&P Smallcap ETF and SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF. Data provided on Jun 29, 2022 indicates that iShares Core S&P Smallcap ETF owns about 2.26 million shares. This amounts to just over 6.50 percent of the company’s overall shares, with a $111.8 million market value. The same data shows that the other fund manager holds slightly less at 1.36 million, or about 3.90% of the stock, which is worth about $67.13 million.