CONSOL Energy Inc. (NYSE:CEIX) saw an upside of 6.58% to $77.72 after adding $4.8 on Tuesday. The 5-day average trading volume is 428,110 shares of the company’s common stock. It has gained $79.16 in the past week and touched a new high 4 times within the past 5 days. An average of 466,888 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 560,685.
CEIX’s 1-month performance is 14.58% or $9.86 on its low of $61.72 reached on 07/17/23. The company’s shares have touched a 52-week low of $49.35 and high of $79.17, with the stock’s rally to the 52-week high happening on 08/08/23. YTD, CEIX has achieved 19.57% or $12.69 and has reached a new high 10 times. However, the current price is down -1.83% from the 52-week high price.
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Insider Transactions
CEIX stock investors last saw insider trading activity on Mar 03.Rothka John (Chief Accounting Officer) most recently sold 2,000 shares at $64.34 per share on Mar 03. This transaction cost the insider $128,680. Chief Executive Officer, Brock James A, sold 500 shares at a price of $78.20 on Dec 01. Then, on Nov 30, Chief Executive Officer Brock James A sold 3,314 shares at a price of $78.08 per share. This transaction amounted to $258,757.
Valuation Metrics
CEIX stock has a beta of 1.87. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.07 while the price-to-book (PB) in the most recent quarter is 2.10, with the price to cash flow ratio at 5.13.
CONSOL Energy Inc.’s quick ratio for the period ended March 30 was 1.20, with the current ratio over the same period at 1.40. As well, the company’s long term debt to equity for the quarter ending March 30 was 0.22, while the total debt to equity was 0.24. In terms of profitability, the gross margin trailing 12 months is 91.30%. The trailing 12-month EBITDA margin is 45.68% while for the period ending March 30, CONSOL Energy Inc.’s operating margin was 37.10%. The firm’s gross profit as reported stood at $1.92 billion against revenue of $2.1 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 101.93% to $230.38 million, while revenue of $193.02 million was 16.22% off the previous quarter. Analysts expected CEIX to announce $5.04 per share in earnings in its latest quarter, but it posted $6.55, representing a 30.00% surprise. EBITDA for the quarter stood at more than $345.32 million. CEIX stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 1.41 billion, with total debt at $306.17 million. Shareholders hold equity totaling $33.92 million.
Let’s look briefly at CONSOL Energy Inc. (CEIX) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 75.15% to suggest the stock is trending Overbought, with historical volatility in this time period at 40.21%.
The stock’s 5-day moving average is $72.93, reflecting a +6.52% or $4.75 change from its current price. CEIX is currently trading +14.44% above its 20-day SMA, +52.05% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +34.23% and SMA200 by+20.76%.
Stochastic %K and %D was 80.45% and 75.86% and the average true range (ATR) pointed at 2.86. The RSI (14) points at 70.67%, while the 14-day stochastic is at 87.76% with the period’s ATR at 2.66. The stock’s 9-day MACD Oscillator is pointing at 1.24 and 2.15 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for CONSOL Energy Inc. (NYSE: CEIX), The Benchmark Company reiterated its a Buy rating for the company but lifted their price target by $11 to $7. Analysts offering their rating for CEIX stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate CEIX as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.
What is CEIX’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $75.00 and a high of $81.00, with their median price target at $80.00. Looking at these predictions, the average price target given by analysts is for CONSOL Energy Inc. (CEIX) stock is $78.67.
