Analysts predict that Cloud Peak Energy Inc. (NYSE:CLD) will post sales of $248.71 million for the current quarter, according to Zacks. Four analysts have issued estimates for Cloud Peak Energy’s earnings, with estimates ranging from $236.52 million to $255.70 million. Cloud Peak Energy reported sales of $227.93 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 9.1%. The company is expected to announce its next earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Cloud Peak Energy will report full-year sales of $248.71 million for the current year, with estimates ranging from $910.64 million to $949.20 million. For the next fiscal year, analysts anticipate that the company will report sales of $994.22 million per share, with estimates ranging from $939.20 million to $1.01 billion. Zacks’ sales calculations are an average based on a survey of analysts that follow Cloud Peak Energy.

Cloud Peak Energy (NYSE:CLD) last posted its quarterly earnings data on Thursday, October 26th. The mining company reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.01. The company had revenue of $249.00 million during the quarter, compared to analyst estimates of $254.82 million. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.06 earnings per share.

A number of brokerages have commented on CLD. B. Riley reaffirmed a “neutral” rating on shares of Cloud Peak Energy in a research report on Wednesday, November 1st. Zacks Investment Research cut shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. JPMorgan Chase & Co. cut shares of Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a research report on Monday, November 20th. BMO Capital Markets set a $5.00 price objective on shares of Cloud Peak Energy and gave the stock a “hold” rating in a research report on Friday, October 27th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $6.00 price objective on shares of Cloud Peak Energy in a research report on Friday, October 13th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $5.14.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AJO LP bought a new position in Cloud Peak Energy in the 2nd quarter valued at about $120,000. BNP Paribas Arbitrage SA lifted its position in Cloud Peak Energy by 55.5% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 38,175 shares of the mining company’s stock valued at $135,000 after acquiring an additional 13,620 shares in the last quarter. Arizona State Retirement System lifted its position in Cloud Peak Energy by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 39,153 shares of the mining company’s stock valued at $138,000 after acquiring an additional 100 shares in the last quarter. Thrivent Financial For Lutherans lifted its position in Cloud Peak Energy by 4.0% in the 2nd quarter. Thrivent Financial For Lutherans now owns 44,860 shares of the mining company’s stock valued at $158,000 after acquiring an additional 1,730 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its position in Cloud Peak Energy by 81.3% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 52,406 shares of the mining company’s stock valued at $192,000 after acquiring an additional 23,502 shares in the last quarter. 79.25% of the stock is currently owned by institutional investors and hedge funds.

Shares of Cloud Peak Energy (CLD) opened at $5.50 on Friday. The company has a current ratio of 2.14, a quick ratio of 1.61 and a debt-to-equity ratio of 0.41. The company has a market cap of $413.28, a price-to-earnings ratio of 550.00 and a beta of 1.60. Cloud Peak Energy has a 1 year low of $2.78 and a 1 year high of $6.30.

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Cloud Peak Energy Company Profile

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

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Earnings History and Estimates for Cloud Peak Energy (NYSE:CLD)

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