Peabody Energy Corp. (NYSE:BTU) shares, rose in value, with the stock price up by 8.90% to the previous day’s close as strong demand from buyers drove the stock to $26.89.
Actively observing the price movement in the recent trading, the stock is buoying the session at $24.69, falling within a range of $25.665 and $27.29. The value of beta (5-year monthly) is 0.959 whereas the PE ratio is 6.97 over 12-month period. Referring to stock’s 52-week performance, its high was $27.24, and the low was $20.21. On the whole, BTU has fluctuated by 3.69% over the past month.
With the market capitalization of Peabody Energy Corp. currently standing at about $3.39 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Oct-31. The company’s Forward Dividend Ratio is 0.30, with its dividend yield at 1.12%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.2B, with a low estimate of 1.06B and a high estimate of 1.07B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.07B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BTU’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of BTU currently trading nearly 5.34% and 11.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.03, while the 7-day volatility ratio is showing 2.64% which for the 30-day chart, stands at 2.65%. Furthermore, Peabody Energy Corp. (BTU)’s beta value is 0.98, and its average true range (ATR) is 0.83.
A comparison of Peabody Energy Corp. (BTU) with its peers suggests the former has fared considerably weaker in the market. BTU showed an intraday change of 8.90% in today’s session so far, and over the past year, it grew by 13.98%%.
Data on historical trading for Peabody Energy Corp. (NYSE:BTU) indicates that the trading volumes over the past 10 days have averaged 2.0 and over the past 3 months, they’ve averaged 2.72 million. According to company’s latest data on outstanding shares, there are 128.70 million shares outstanding.
Nearly 0.66% of Peabody Energy Corp.’s shares belong to company insiders and institutional investors own 89.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 17.78 million shares as on 2024-10-15, resulting in a short ratio of 5.75. According to the data, the short interest in Peabody Energy Corp. (BTU) stood at 1871.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 17.46 million. The stock has risen by 10.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BTU stock heading into the next quarter.
