The stock of CONSOL Energy Inc. (NYSE:CEIX) decreased by -$0.89 on Friday to finish at $79.93, down -1.10 percent. The last five days have seen an average of 751,280 shares of common stock traded. 11 times new highs were reached in the current year, with a gain of $14.93. The average number of shares traded over the last 20 days was 505,275, while the average volume over the last 50 days totaled 567,622.
CEIX stock appreciated 22.89% since last month. On 07/17/23, the company’s shares reached a one-month low of $61.72. The stock touched a high of $84.21 on 08/09/23, after rallying from a low of $49.35 in 52 weeks. The price of CEIX stock has risen by 22.97% or $14.93 this year, reaching a new high 11 times. Still, the stock price is down -5.08% from the 52-week high.
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Insider Transactions
CEIX stock investors should be aware that CONSOL Energy Inc. (CEIX) stock had its last reported insider trading activity 164 days ago on Mar 03. On Mar 03, Chief Accounting Officer Rothka John sold 2,000 shares at $64.34 each. This transaction resulted in the insider making $128,680. On Dec 01, Brock James A sold 500 shares at a price of US$78.20. After the transaction, the insider now owns 473,020 shares. Chief Executive Officer Brock James A had earlier sold 3,314 shares on Nov 30 for $78.08 a share. The transaction was completed for $258,757.
Valuation Metrics
CONSOL Energy Inc. (CEIX) has a trailing price-to-earnings (P/E) ratio of 3.78. Beta for the stock is 1.85. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.10, the price-to-book (PB) ratio of 2.01, and the price-to-cash flow ratio of 4.50.
Company paid $1.10 per share in dividends, remained unchanged from $1.10 last year. A $0.05 dividend increase was reported on Tuesday February 7 2023.
Financial Health
For the three months ended June 29, CONSOL Energy Inc.’s quick ratio was 1.20, while its current ratio was 1.40, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.17, and the total debt to equity ratio is 0.19. As far as profitability goes, gross margin for the trailing twelve months is 90.20% percent. CONSOL Energy Inc.’s EBITDA margin for the year ended June 29 was 45.68%, whereas its operating margin stood at 35.60% for the same period. Based on annual data, it had gross profit of $1.92 billion and revenue of $2.1 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CEIX’s return on assets (ROA) during the last 12 months has been 27.50%. There was a 45.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 63.30%.
Earnings Surprise
According to CONSOL Energy Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $660.97 million, while revenues rose by 17.6% to $688.61 million. It was predicted that CONSOL Energy Inc.’s quarterly earnings would be $4.94, but it ended up being $4.66, beating the consensus by 6.00%. EBITDA was $278.92 million for the quarter. At the end of CONSOL Energy Inc.’s most recent quarter ended June 29, its liabilities totaled 1.34 billion, while its total debt was $251.21 million. Equity owned by shareholders amounts to $31.98 million.
Technical Picture
Here’s a quick look at CONSOL Energy Inc.’s (CEIX) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 67.38%, suggesting the stock is Neutral, with a 58.31% historical volatility rate.
The stochastic %K and %D were 81.63% and 86.67% respectively, while the average true range (ATR) was 3.26. Based on the 14-day stochastic reading of 69.82%, the RSI (14) reading is 66.77%. On the 9-day MACD Oscillator, the stock is at 5.43, and the 14-day reading is at 6.71.
Analyst Ratings
In a note to investors, The Benchmark Company maintained its a Buy rating on CONSOL Energy Inc. (NYSE: CEIX). However, the firm raised their price target to $7, indicating a possible decrease of -626.64% in the stock price. Analysts have assigned CONSOL Energy Inc. (CEIX) an Buy rating. CEIX is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.
What is CEIX’s price target for the next 12 months?
The current consensus forecast for the stock is between $89.00 and $90.00, with a median target price of $90.00. In analyzing these forecasts, the average price target given by analysts for CONSOL Energy Inc. (CEIX) is $89.67.
