Is Peabody Energy Corporation (BTU) Running Out of Gas?

Peabody Energy Corporation (BTU) shares saw a recent bid of $24.10 and 1.42M shares have exchanged hands in the recent trading session, yielding a 1.30% gain over the past week. The stock price decreased -5.97% or $1.53 versus $25.63 at the end of the prior session. This change led market cap to move at $2.33B, putting the price -25.85% below the 52-week high and 6.59% above the 52-week low. The company’s stock has a normal trading capacity of 1.15M shares while the relative volume is 1.23.

By historical standards, Peabody Energy Corporation remains a cheap stock. The company’s current price-earnings ratio amounts above the average P/E ratio of 14.03 times earnings. For now, Peabody Energy Corporation is the toast of Wall Street as its ABR stands at 2.00 with 1 out of 6 analysts rating the stock a buy. Over the short term, some market observers may have noticed that Peabody Energy Corporation has a 25.92% 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. Peabody Energy Corporation has far performed well this year, with the share price down -22.26% since January.

Last time, the company shocked Wall Street by reporting EPS of $10.66, smashing the consensus of $1.80 per share. Revenue for the quarter also did not kill consensus, coming in at $1.33B, compared to the consensus of 1.52B. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.95. The company is expected to report EPS as high as $1.57 and as low as $0.37 per share. Similarly, full-year EPS forecasts have ranged between $3.10 and $10.47. The mean EPS estimate is $6.27. On the other side, sales forecasts for the current quarter are $1.26B. The stock is expected to report revenue as high as $1.34B and as low as $1.23B per share. Similarly, full-year sales forecasts have ranged between $5.24B and $5.58B. The mean revenue estimate is $5.38B.

Over the last 5 years, Peabody Energy Corporation has averaged a -21.60% YoY EPS growth rate and a -9.80% revenue growth rate. Analysts are expecting EPS growth rates to be at 62.90% this quarter and EPS estimate for next year reflect -59.47% growth rate.

Sell-side analysts also have something to say about this company. Stifel analysts stated on 19/05/2017 that they maintained their Hold rating. FBR & Co. analysts stated on 18/04/2017 that they maintained their Outperform rating.

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