Consol Energy Inc (NYSE:CEIX) has earned an average broker rating score of 1.00 (Strong Buy) from the three analysts that cover the company, Zacks Investment Research reports. Three investment analysts have rated the stock with a strong buy recommendation.
Brokers have set a 1-year consensus price objective of $42.33 for the company and are forecasting that the company will post $0.96 EPS for the current quarter, according to Zacks. Zacks has also given Consol Energy an industry rank of 75 out of 255 based on the ratings given to related companies.
Several equities analysts have recently commented on CEIX shares. ValuEngine lowered shares of Consol Energy from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Zacks Investment Research lowered shares of Consol Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 25th.
Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of Consol Energy in the 4th quarter valued at approximately $110,686,000. Kestrel Investment Management Corp purchased a new stake in shares of Consol Energy in the 4th quarter valued at approximately $10,399,000. Swiss National Bank purchased a new stake in shares of Consol Energy in the 4th quarter valued at approximately $1,570,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of Consol Energy in the 4th quarter valued at approximately $3,399,000. Finally, California Public Employees Retirement System purchased a new stake in shares of Consol Energy in the 4th quarter valued at approximately $2,546,000. Institutional investors own 92.77% of the company’s stock.
Shares of Consol Energy traded down $0.33, hitting $40.75, during trading hours on Tuesday, MarketBeat.com reports. The company had a trading volume of 4,678 shares, compared to its average volume of 446,121. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.97 and a current ratio of 1.13. Consol Energy has a fifty-two week low of $19.51 and a fifty-two week high of $48.12. The firm has a market cap of $1.15 billion and a P/E ratio of 9.21.
Consol Energy (NYSE:CEIX) last issued its quarterly earnings data on Thursday, May 3rd. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $0.83 by $1.37. The company had revenue of $351.01 million during the quarter, compared to analyst estimates of $357.70 million. The business’s quarterly revenue was up 10.9% on a year-over-year basis. research analysts predict that Consol Energy will post 4.68 EPS for the current fiscal year.
Consol Energy Company Profile
CONSOL Energy Inc produces and exports bituminous thermal and crossover metallurgical coal. The company owns and operates its mining operations in the Northern Appalachian Basin. Its flagship operation is the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey.
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