Peabody Energy Corporation (NYSE:BTU) price is hovering higher on Monday, September 13, jumping 0.17% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $17.53, with intraday deals fluctuating between $17.29 and $19.44. The company’s 5Y monthly beta was ticking 1.58. Taking into account the 52-week price action we note that the stock hit a 52-week high of $19.83 and 52-week low of $0.80. The stock added 27.96% on its value in the past month.
Peabody Energy Corporation, which has a market valuation of $1.99 billion, is expected to release its quarterly earnings report Nov 08, 2021 – Nov 12, 2021. Analysts tracking BTU have forecast the quarterly EPS to grow by 0.47 per share this quarter, while the same analysts predict the annual EPS to hit -$0.02 for the year 2021 and up to $0.56 for 2022. In this case, analysts estimate an annual EPS growth of 99.90% for the year and 2,900.00% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $833.13 million, with the likely lows of $819 million and highs of $846.4 million. The average estimate suggests sales growth for the quarter will likely rise by 24.20% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $3.1 billion for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow 7.50% above that which the company brought in 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give BTU a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 5 analysts have assigned BTU a recommendation rating as follows: 5 rate it as a Hold; 0 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Peabody Energy Corporation (BTU) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Hold, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that BTU’s price is at present 12.59% off the SMA20 and 37.09% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 64.28, with weekly volatility standing at 7.31%. The indicator jumps to 8.63% when calculated based on the past 30 days. Peabody Energy Corporation (NYSE:BTU)’s beta value is holding at 1.55, while the average true range (ATR) indicator is currently reading 1.28. Considering analysts have assigned the stock a price target range of $11.00-$18.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $14.75. Based on this estimate, we see that today’s price at last check is roughly 37.36% off the estimated low and -2.51% off the forecast high. Investors will no doubt be excited to see the share price rise to $15.00, which is the median consensus price, and at that level BTU would be 14.58% from recent price.
Turning out attention to how the Peabody Energy Corporation stock has performed in comparison to its peers in the industry, here’s what we find: BTU’s stock is 0.17% on the day and 502.41% in the past 12 months. Elsewhere in the market, the S&P 500 Index has stumbled -0.24% in today’s early trading, with the Dow Jones Industrial also seeing a negative session so far with -0.53%.
An analysis of the Peabody Energy Corporation (NYSE:BTU) stock in terms of its daily trading volume indicates that the 3-month average is 7.82 million.
Current records show that the company has 101.20M in outstanding shares. The insiders’ percentage holdings are 1.30% of outstanding shares while the percentage share held by institutions stands at 72.90%. But the 627.39% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.