Cloud Peak Energy (CLD) Share Price Could Be Rising After -41.71% fall In 2017

Cloud Peak Energy Inc. (CLD) shares saw a recent bid of $3.27 and 1.23M shares have exchanged hands in the recent trading session, yielding a -3.54% decline over the past week. The stock price increased 0.62% or $-0.02 versus $3.25 at the end of the prior session. This change led market cap to move at $257.71M, putting the price -59.30% below the 52-week high and 80.66% above the 52-week low. The company’s stock has a normal trading capacity of 1.34M shares while the relative volume is 0.92.

To stay one step ahead we extended our research by comparing different price targets. The stock notched a 12-month high of $4.71 while $7.00 target is by far the most aggressive out of analysts who are currently evaluating the company, $2.29 higher than the next highest 52-week price estimate. The lowest 12-month price target for the shares is $3.00, which would be decrease of about -8% of its current value. The mean target of $4.00 should be compared with the price when the stock was languishing around $1.81 a share. And it remains to be seen which target price CLD can achieve without sacrificing much as the company is holding a 50.00% gain for the past twelve months.

By historical standards, Cloud Peak Energy Inc. remains a cheap stock. The company’s current price-earnings ratio amounts to 5.29 times earnings, below the average P/E ratio of 13.66 times earnings. For now, Cloud Peak Energy Inc. is the toast of Wall Street as its ABR stands at 2.70 with 1 out of 9 analysts rating the stock a buy. Over the short term, some market observers may have noticed that Cloud Peak Energy Inc. has a 4.94% short float with 15 days to cover. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Cloud Peak Energy Inc. has far performed well this year, with the share price down -41.71% since January. Over the past 2 quarters, the stock is down -48.75%, compared with a fall of nearly -18.45% for 3 months and about -4.66% for the past 30 days.

Last time, the company failed Wall Street by reporting EPS of $-0.26, smashing the consensus of $-0.03 per share. Revenue for the quarter also did not kill consensus, coming in at $195.73M, compared to the consensus of 233.57M. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $-0.05. The company is expected to report EPS as high as $0.03 and as low as $-0.11 per share. Similarly, full-year EPS forecasts have ranged between $-0.61 and $-0.22. The mean EPS estimate is $-0.37. On the other side, sales forecasts for the current quarter are $241.28M. The stock is expected to report revenue as high as $248.2M and as low as $228M per share. Similarly, full-year sales forecasts have ranged between $817.42M and $967.4M. The mean revenue estimate is $920.48M.

Over the last 5 years, Cloud Peak Energy Inc. has averaged a -35.50% YoY EPS growth rate and a -12.40% revenue growth rate. Analysts are expecting EPS growth rates to be at 110.40% this quarter and EPS estimate for next year reflect 51.40% growth rate.

Sell-side analysts also have something to say about this company. FBR & Co. raised its rating on Cloud Peak Energy Inc. to Mkt Perform on 23/03/2017 in a reversal from its prior Underperform rating. Jefferies analysts stated on 07/03/2017 that they launched coverage on this stock with Hold rating. JP Morgan raised its rating on Cloud Peak Energy Inc. to Overweight on 30/01/2017 in a reversal from its prior Neutral rating. MKM Partners analysts stated on 20/12/2016 that they launched coverage on this stock with Neutral rating.

Cloud Peak Energy (CLD) Share Price Could Be Rising After -41.71% fall In 2017 was last modified: June 8th, 2017 by Edward Walker
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