CONSOL Coal Resources LP Expected to Post FY2021 Earnings of $1.13 Per Share (CCR)
CONSOL Coal Resources LP (NYSE:CCR) – Analysts at Jefferies Group issued their FY2021 earnings per share (EPS) estimates for shares of CONSOL Coal Resources in a report released on Friday. Jefferies Group analyst C. Lafemina anticipates that the energy company will post earnings per share of $1.13 for the year. Jefferies Group also issued estimates for CONSOL Coal Resources’ FY2022 earnings at $1.13 EPS.
A number of other brokerages have also weighed in on CCR. BidaskClub upgraded CONSOL Coal Resources from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Stifel Nicolaus reiterated a “buy” rating and issued a $23.00 price objective on shares of CONSOL Coal Resources in a research report on Friday, October 13th. FBR & Co set a $23.00 price objective on CONSOL Coal Resources and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Zacks Investment Research lowered CONSOL Coal Resources from a “hold” rating to a “sell” rating in a research report on Monday, October 9th. Finally, Citigroup cut their price objective on CONSOL Coal Resources from $18.00 to $16.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $20.20.
Shares of CONSOL Coal Resources (NYSE CCR) traded down $0.20 during mid-day trading on Monday, hitting $15.80. The stock had a trading volume of 15,093 shares, compared to its average volume of 23,240. The company has a market cap of $434.31 and a price-to-earnings ratio of 11.45. CONSOL Coal Resources has a 12-month low of $12.56 and a 12-month high of $19.55. The company has a current ratio of 0.70, a quick ratio of 0.52 and a debt-to-equity ratio of 1.26.
CONSOL Coal Resources (NYSE:CCR) last issued its quarterly earnings data on Monday, October 30th. The energy company reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.35). The business had revenue of $78.26 million during the quarter, compared to the consensus estimate of $76.46 million. CONSOL Coal Resources had a return on equity of 21.14% and a net margin of 9.94%.
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CONSOL Coal Resources Company Profile
Consol Coal Resources LP, formerly CNX Coal Resources LP, is a producer of high-British thermal units (Btu) thermal coal. It is engaged in the management and development of coal operations of CONSOL Energy Inc (CONSOL Energy) in Pennsylvania. It holds interest in, and operational control over, CONSOL Energy’s Pennsylvania Mining Complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal that is sold primarily to electric utilities in the eastern United States.
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