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.
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