Cloud Peak Energy Inc (NYSE:CLD) – Analysts at Jefferies Group raised their FY2018 earnings per share (EPS) estimates for Cloud Peak Energy in a research report issued to clients and investors on Thursday. Jefferies Group analyst C. Lafemina now forecasts that the mining company will post earnings per share of ($0.11) for the year, up from their previous forecast of ($0.16). Jefferies Group also issued estimates for Cloud Peak Energy’s FY2019 earnings at ($0.02) EPS, FY2020 earnings at $0.26 EPS and FY2021 earnings at $0.21 EPS.

Cloud Peak Energy (NYSE:CLD) last posted its earnings results on Thursday, July 27th. The mining company reported ($0.04) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.04). The company had revenue of $229.20 million for the quarter, compared to analyst estimates of $236.94 million. Cloud Peak Energy had a negative net margin of 0.47% and a positive return on equity of 0.54%. The business’s revenue for the quarter was up 31.6% compared to the same quarter last year. During the same period last year, the business posted $0.48 earnings per share.

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A number of other research analysts also recently issued reports on the stock. Stifel Nicolaus reiterated a “buy” rating and set a $6.00 target price on shares of Cloud Peak Energy in a research report on Friday, October 13th. BMO Capital Markets set a $4.00 target price on shares of Cloud Peak Energy and gave the company a “hold” rating in a research report on Saturday, August 5th. Zacks Investment Research upgraded shares of Cloud Peak Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. ValuEngine downgraded shares of Cloud Peak Energy from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Finally, BidaskClub downgraded shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. Cloud Peak Energy presently has a consensus rating of “Hold” and a consensus price target of $5.29.

Cloud Peak Energy (NYSE:CLD) traded down 1.15% during midday trading on Monday, reaching $4.28. 1,161,033 shares of the company’s stock traded hands. The firm’s market cap is $321.56 million. Cloud Peak Energy has a 1-year low of $2.78 and a 1-year high of $8.03. The stock’s 50 day moving average price is $3.44 and its 200 day moving average price is $3.53.

Institutional investors have recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System lifted its position in shares of Cloud Peak Energy by 0.3% during the 2nd quarter. Louisiana State Employees Retirement System now owns 30,600 shares of the mining company’s stock valued at $108,000 after acquiring an additional 100 shares during the period. BNP Paribas Arbitrage SA increased its stake in Cloud Peak Energy by 78.5% during the 1st quarter. BNP Paribas Arbitrage SA now owns 24,555 shares of the mining company’s stock valued at $112,000 after purchasing an additional 10,801 shares in the last quarter. KCG Holdings Inc. bought a new stake in Cloud Peak Energy during the 1st quarter valued at $112,000. Hartford Investment Management Co. bought a new stake in Cloud Peak Energy during the 2nd quarter valued at $119,000. Finally, AJO LP bought a new stake in Cloud Peak Energy during the 2nd quarter valued at $120,000. Institutional investors own 81.14% of the company’s stock.

About Cloud Peak Energy

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.

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

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