Peabody Energy (BTU) Earning Somewhat Positive Media Coverage, Study Finds
News articles about Peabody Energy (NYSE:BTU) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Peabody Energy earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave news stories about the coal producer an impact score of 45.961225536157 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Natural Gas Inventories Down: Positive for Coal? (finance.yahoo.com)
- BRIEF-Peabody Energy Amends Credit Agreement To Increase Incremental Revolving Facility By $80 Mln (BTU) (markets.businessinsider.com)
- Peabody Energy (BTU) and Prospect Global Resources (PGRX) Head-To-Head Contrast (americanbankingnews.com)
- ETFs with exposure to Peabody Energy Corp. : December 15, 2017 (finance.yahoo.com)
- Contrasting Horsehead (ZINCQ) & Peabody Energy (BTU) (americanbankingnews.com)
A number of equities research analysts recently weighed in on BTU shares. Zacks Investment Research upgraded Peabody Energy from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a research report on Wednesday, October 25th. FBR & Co restated a “buy” rating and set a $37.00 price objective (up previously from $36.00) on shares of Peabody Energy in a research report on Wednesday, October 25th. MKM Partners restated a “buy” rating on shares of Peabody Energy in a research report on Tuesday, September 12th. B. Riley restated a “buy” rating on shares of Peabody Energy in a research report on Wednesday, November 1st. Finally, Jefferies Group started coverage on Peabody Energy in a research report on Tuesday, November 14th. They set a “buy” rating and a $38.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Peabody Energy presently has an average rating of “Buy” and an average price target of $36.56.
Peabody Energy (NYSE:BTU) last issued its quarterly earnings data on Wednesday, October 25th. The coal producer reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.14. Peabody Energy had a return on equity of 19.92% and a net margin of 4.60%. The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the previous year, the company posted ($7.53) EPS. Peabody Energy’s quarterly revenue was up 22.4% compared to the same quarter last year. equities research analysts expect that Peabody Energy will post 9.62 EPS for the current fiscal year.
About Peabody Energy
Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.
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