Peabody Energy Corp. (NYSE:BTU) finished Friday with an addition of $0.33 to close at $25.99, an upside of 1.29 percent. An average of 3,587,460 shares of common stock have been traded in the last five days. There was a gain of $2.99 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 3,043,470 shares traded, while the 50-day average volume stands at 3,115,232.
BTU stock has increased by 18.62% in the last month. The company shares reached their 1-month lowest point of $21.49 on 09/08/23. With the stock rallying to its 52-week high on 02/15/23, shares of the company touched a low of $17.71 and a high of $32.89 in 52 weeks. It has reached a new high 5 times so far this year and lost -1.63% or -$0.43 in price. In spite of this, the price is down -20.98% from the 52-week high.
Insider Transactions
BTU stock investors should be aware that Peabody Energy Corp. (BTU) stock had its last reported insider trading activity 211 days ago on Mar 03. In this transaction, the insider spent $7,307,206. EVP and CFO, Spurbeck Mark, disposed of 21,070 shares at a price of $25.88 on Feb 24. The insider now owns more than $545,292 worth of shares. Prior to that, CAO and Corporate Secretary Jarboe Scott T. went on to Sale 11,573 shares at $25.88 each on Feb 24. An amount of $299,509 was transacted.
Valuation Metrics
Peabody Energy Corp. (BTU) has a trailing price-to-earnings (P/E) ratio of 2.87. The stock’s beta is 1.02. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.63, the price-to-book (PB) ratio at 1.03, and the price-to-cash flow ratio at 1.47.
Financial Health
The quick ratio of Peabody Energy Corp. for the three months ended June 29 was 1.82, and the current ratio was 2.17, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.10 and a total debt to equity ratio of 0.10 for the quarter ending June 29. Its gross profit as reported stood at $1.69 billion compared to revenue of $4.98 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Peabody Energy Corp.’s return on assets was 26.14%.
Earnings Surprise
For the three-month period that ended June 29, Peabody Energy Corp. had $321.5 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $179.2 million in the quarter, while revenues of $268.5 million were shrunk -128.52%. The analyst consensus anticipated Peabody Energy Corp.’s latest quarter earnings to come in at $1.72 per share, but it turned out to be $1.15, a -33.10% surprise. For the quarter, EBITDA amounted to $341.4 million. Shareholders own equity worth $132.8 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Peabody Energy Corp. (BTU) price momentum. RSI 9-day as of the close on 29 September was 76.64%, suggesting the stock is Overbought, with historical volatility in this time frame at 39.94%.
As of today, BTU’s price is $24.67 +13.00% or $2.99 from its 5-day moving average. BTU is currently trading +20.44% higher than its 20-day SMA and +12.66% higher than its 100-day SMA. However, the stock’s current price level is +18.78% above the SMA50 and -6.68% below the SMA200.
The stochastic %K and %D were 90.37% and 80.78%, respectively, and the average true range (ATR) was 0.92. With the 14-day stochastic at 93.60% and the average true range at 0.86, the RSI (14) stands at 71.96%. The stock has reached 1.30 on the 9-day MACD Oscillator while the 14-day reading was at 1.48.
Analyst Ratings
Jefferies upgraded Peabody Energy Corp. (NYSE: BTU) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for Peabody Energy Corp. (BTU) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BTU, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.
What is BTU’s price target for the next 12 months?
Analysts predict a range of price targets between $25.00 and $32.00, with a median target of $28.00. Taking a look at these predictions, the average price target given by analysts for Peabody Energy Corp. (BTU) stock is $28.00.
