Cloud Peak Energy Inc (CLD) Given a $4.00 Price Target at BMO Capital Markets

BMO Capital Markets set a $4.00 price objective on Cloud Peak Energy Inc (NYSE:CLD) in a report issued on Tuesday morning. The firm currently has a hold rating on the mining company’s stock.

Other equities analysts also recently issued reports about the company. MKM Partners reiterated a neutral rating and set a $4.00 target price (down from $6.00) on shares of Cloud Peak Energy in a research report on Wednesday, May 10th. Zacks Investment Research downgraded Cloud Peak Energy from a hold rating to a strong sell rating in a research report on Tuesday, May 23rd. Stifel Nicolaus set a $7.00 target price on Cloud Peak Energy and gave the stock a buy rating in a research report on Monday, May 1st. Jefferies Group LLC assumed coverage on Cloud Peak Energy in a research report on Tuesday, March 7th. They set a hold rating and a $5.00 target price on the stock. Finally, FBR & Co upgraded Cloud Peak Energy from an underperform rating to a market perform rating and set a $4.00 target price on the stock in a research report on Thursday, March 23rd. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Cloud Peak Energy has an average rating of Hold and a consensus price target of $5.53.

Cloud Peak Energy (NYSE CLD) opened at 3.53 on Tuesday. The stock’s 50 day moving average price is $3.38 and its 200 day moving average price is $4.51. The stock has a market cap of $254.21 million, a price-to-earnings ratio of 5.89 and a beta of 1.42. Cloud Peak Energy has a 12-month low of $2.05 and a 12-month high of $8.03.

Cloud Peak Energy (NYSE:CLD) last released its earnings results on Thursday, April 27th. The mining company reported ($0.30) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by $0.28. Cloud Peak Energy had a return on equity of 4.00% and a net margin of 4.68%. The business had revenue of $195.73 million for the quarter, compared to analysts’ expectations of $233.58 million. During the same quarter last year, the company posted ($0.53) earnings per share. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. Analysts forecast that Cloud Peak Energy will post ($0.38) EPS for the current fiscal year.

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Several institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA increased its stake in shares of Cloud Peak Energy by 78.5% in the first quarter. BNP Paribas Arbitrage SA now owns 24,555 shares of the mining company’s stock valued at $112,000 after buying an additional 10,801 shares during the last quarter. KCG Holdings Inc. bought a new stake in shares of Cloud Peak Energy during the first quarter valued at approximately $112,000. Point View Wealth Management Inc. increased its stake in shares of Cloud Peak Energy by 9.1% in the first quarter. Point View Wealth Management Inc. now owns 26,611 shares of the mining company’s stock valued at $122,000 after buying an additional 2,219 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Cloud Peak Energy by 242.8% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 22,011 shares of the mining company’s stock valued at $123,000 after buying an additional 15,590 shares during the last quarter. Finally, TFS Capital LLC bought a new stake in shares of Cloud Peak Energy during the first quarter valued at approximately $132,000. Institutional investors own 80.87% 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.

Analyst Recommendations for Cloud Peak Energy (NYSE:CLD)

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