News articles about Peabody Energy Corporation (NYSE:BTU) have trended somewhat positive on Wednesday, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Peabody Energy Corporation earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the coal producer an impact score of 46.146420311231 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Billionaire Paul Singer’s Favorite Coal Stock (finance.yahoo.com)
- 35 Stocks For October 2017 (seekingalpha.com)
- HP Inc. (HPQ) registers a price change of -0.15% while Peabody Energy Corporation (BTU) finishes with a flow of -0.94% – Stocks Gallery (stocksgallery.com)
- Peabody Energy Corporation (BTU) 11.59% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- Investors should Buy on Stock: Peabody Energy Corporation (BTU) – Street Observer (press release) (streetobserver.com)
Shares of Peabody Energy Corporation (BTU) opened at 29.40 on Wednesday. The stock’s 50 day moving average is $29.27 and its 200 day moving average is $26.43. The stock’s market cap is $2.95 billion. Peabody Energy Corporation has a 52 week low of $22.58 and a 52 week high of $32.50.
Peabody Energy Corporation (NYSE:BTU) last released its quarterly earnings results on Tuesday, August 1st. The coal producer reported ($0.18) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($1.07). The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. The business’s quarterly revenue was up 21.0% compared to the same quarter last year. On average, equities analysts forecast that Peabody Energy Corporation will post $6.28 EPS for the current year.
Several equities research analysts have recently issued reports on the stock. MKM Partners restated a “buy” rating on shares of Peabody Energy Corporation in a research note on Tuesday, September 12th. FBR & Co set a $35.00 price target on shares of Peabody Energy Corporation and gave the stock a “buy” rating in a research note on Monday, September 11th. Stifel Nicolaus restated a “hold” rating and set a $32.00 price target on shares of Peabody Energy Corporation in a research note on Sunday, September 10th. Macquarie assumed coverage on shares of Peabody Energy Corporation in a research note on Thursday, September 7th. They set a “neutral” rating and a $30.00 price target for the company. Finally, Zacks Investment Research upgraded shares of Peabody Energy Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, July 26th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $35.00.
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In other Peabody Energy Corporation news, major shareholder Discovery Capital Management, sold 12,800,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $27.10, for a total value of $346,880,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
About Peabody Energy Corporation
Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.
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