Arch Coal, Inc. Class A (NYSE:ARCH) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “Arch Coal, Inc. is a natural resource company. It produces metallurgical and thermal coal, used to manufacture steel and generate electricity. The company operates primarily in Alabama, Indiana, Washington, Arkansas, California, Utah and Texas. Arch Coal, Inc. is headquartered in St. Louis, Missouri. “

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Several other equities analysts also recently issued reports on ARCH. ValuEngine raised Arch Coal, Inc. Class A from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Stifel Nicolaus set a $109.00 price target on Arch Coal, Inc. Class A and gave the stock a “buy” rating in a research report on Tuesday, January 16th. JPMorgan Chase & Co. downgraded Arch Coal, Inc. Class A from an “overweight” rating to a “neutral” rating and set a $90.00 price target on the stock. in a research report on Thursday, January 25th. Finally, Jefferies Group set a $120.00 price target on Arch Coal, Inc. Class A and gave the stock a “buy” rating in a research report on Tuesday, February 13th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $101.25.

Arch Coal, Inc. Class A (NYSE ARCH) opened at $97.78 on Tuesday. The company has a current ratio of 2.49, a quick ratio of 2.10 and a debt-to-equity ratio of 0.47. Arch Coal, Inc. Class A has a 12-month low of $60.13 and a 12-month high of $101.84.

Arch Coal, Inc. Class A (NYSE:ARCH) last released its earnings results on Tuesday, February 13th. The energy company reported $4.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $1.80. The firm had revenue of $560.20 million during the quarter, compared to analyst estimates of $574.83 million. During the same period in the previous year, the company earned $1.65 earnings per share. Arch Coal, Inc. Class A’s revenue was down 2.7% on a year-over-year basis. equities analysts predict that Arch Coal, Inc. Class A will post 12.3 EPS for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP purchased a new stake in shares of Arch Coal, Inc. Class A during the 3rd quarter worth about $35,030,000. Gendell Jeffrey L boosted its stake in shares of Arch Coal, Inc. Class A by 12.1% during the 4th quarter. Gendell Jeffrey L now owns 75,000 shares of the energy company’s stock worth $6,987,000 after acquiring an additional 8,119 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Arch Coal, Inc. Class A during the 3rd quarter worth about $3,894,000. Ingalls & Snyder LLC purchased a new stake in shares of Arch Coal, Inc. Class A during the 4th quarter worth about $279,000. Finally, Ontario Teachers Pension Plan Board purchased a new stake in shares of Arch Coal, Inc. Class A during the 4th quarter worth about $217,000. 59.80% of the stock is currently owned by institutional investors.

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About Arch Coal, Inc. Class A

Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.

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