Mixed reviews, has been rather volatile.
TODAYS STOCKS: THE CLOUD PEAK ENERGY INC. (CLD) STOCK RATING REAFFIRM BY THE STEPHENS
December 22, 2016 Marie Curie
Cloud Peak Energy Inc. (NYSE:CLD)‘s stock had its “neutral” rating restated by equities research analysts at Stephens in a report released on Wednesday.
CLD has been the topic of a number of other research reports. Zacks Investment Research lowered Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Monday, August 1st. FBR & Co reiterated a “sell” rating and issued a $4.00 target price (up previously from $1.75) on shares of Cloud Peak Energy in a research note on Thursday, October 13th. Seaport Global Securities assumed coverage on Cloud Peak Energy in a research note on Wednesday. They issued a “neutral” rating and a $7.00 target price on the stock. Finally, Stifel Nicolaus increased their target price on Cloud Peak Energy from $5.50 to $8.50 and gave the stock a “buy” rating in a research note on Friday, October 28th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $8.71.
Cloud Peak Energy (NYSE:CLD) opened at 6.55 on Wednesday. Cloud Peak Energy has a 52 week low of $1.08 and a 52 week high of $6.81. The company has a 50-day moving average of $5.30 and a 200-day moving average of $3.34. The company’s market cap is $401.94 million.
Cloud Peak Energy (NYSE:CLD) last released its earnings results on Thursday, October 27th. The mining company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.19. Cloud Peak Energy had a positive return on equity of 2.60% and a negative net margin of 19.07%. The business had revenue of $217.10 million for the quarter, compared to analyst estimates of $222.06 million. During the same quarter last year, the firm posted $0.24 earnings per share. The business’s revenue was down 28.0% compared to the same quarter last year. On average, equities analysts expect that Cloud Peak Energy will post ($0.16) EPS for the current year.
A number of institutional investors have recently bought and sold shares of the stock. Brandes Investment Partners LP bought a new position in Cloud Peak Energy during the second quarter valued at about $145,000. JPMorgan Chase & Co. bought a new position in Cloud Peak Energy during the second quarter valued at about $199,000. Ameriprise Financial Inc. raised its position in Cloud Peak Energy by 3.7% in the second quarter. Ameriprise Financial Inc. now owns 295,424 shares of the mining company’s stock valued at $609,000 after buying an additional 10,413 shares during the period. Oxford Asset Management raised its position in Cloud Peak Energy by 15.0% in the second quarter. Oxford Asset Management now owns 1,060,830 shares of the mining company’s stock valued at $2,185,000 after buying an additional 138,461 shares during the period. Finally, Phoenix Investment Adviser LLC bought a new position in Cloud Peak Energy during the second quarter valued at about $416,000. Institutional investors own 76.45% of the company’s stock
And another article from today:
Analyst Research Summary: Cloud Peak Energy Inc. (NYSE:CLD ...