At the time of writing, Peabody Energy Corp. [BTU] stock is trading at $24.01, down -1.19%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BTU shares have gain 1.78% over the last week, with a monthly amount drifted -5.10%, and not seem to be holding up well over a long-time horizon.
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On 28, March 2024, Peabody Announcement Regarding Reducing Slate of Directors Standing for Re-Election. In a post published today on Yahoo Finance, Peabody (NYSE: BTU) today filed its Proxy Statement for its 2024 Annual Meeting of Stockholders to be held on May 9, 2024, which disclosed that current members of Peabody’s Board of Directors Samantha B. Algaze and David J. Miller have determined that they will not stand for re-election. Algaze and Miller joined the board in 2020 as part of an agreement with Elliott Investment Management L.P. (“Elliott”) and were subsequently re-elected by Peabody’s stockholders in 2021, 2022 and 2023. Peabody’s Board will be reduced by two directors effective at the annual meeting.
From an analyst’s perspective:
Peabody Energy Corp. [NYSE: BTU] stock has seen the most recent analyst activity on June 07, 2022, when Jefferies upgraded its rating to a Buy and also boosted its price target to $36 from $25. Previously, The Benchmark Company upgraded its rating to Buy on October 29, 2021, and kept the price target unchanged to $16. On October 04, 2021, upgrade upgraded it’s rating to Buy and revised its price target to $22 on the stock. Vertical Research downgraded its rating to a Hold but stick to its price target of $3 on August 07, 2020. Clarksons Platou downgraded its rating to a Neutral. Deutsche Bank downgraded its rating to Hold for this stock on March 20, 2020, but kept the price target unchanged to $4. In a note dated February 07, 2020, The Benchmark Company initiated an Hold rating.
For the past year, the stock price of Peabody Energy Corp. fluctuated between $17.71 and $27.70. Currently, Wall Street analysts expect the stock to reach $33.5 within the next 12 months. Peabody Energy Corp. [NYSE: BTU] shares were valued at $24.01 at the most recent close of the market. An investor can expect a potential return of 39.53% based on the average BTU price forecast.
Analyzing the BTU fundamentals
According to Peabody Energy Corp. [NYSE:BTU], the company’s sales were 4.86B for trailing twelve months, which represents an -21.53% plunge. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.22 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.73 points at the first support level, and at 23.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.39, and for the 2nd resistance point, it is at 24.78.
Peabody Energy Corp. [BTU] reported earnings per share of $1.33 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.4/share, meaning a difference of -$0.07 and a surprise factor of -5.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.82 per share as compared to estimates of $0.99 per share, a difference of -$0.17 representing a surprise of -17.20%.
Ratios To Look Out For
It is important to note that Peabody Energy Corp. [NYSE:BTU] has a current ratio of 2.06. Also, the Quick Ratio is 1.70, while the Cash Ratio stands at 0.99. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 0.87 and price to earnings (TTM) ratio is 4.83.
Transactions by insiders
Recent insider trading involved Jarboe Scott T., CAO and Corporate Secretary, that happened on Feb 27 ’24 when 14582.0 shares were sold. EVP & COO, Yeates Darren Ronald completed a deal on Feb 23 ’24 to sell 25793.0 shares. Meanwhile, EVP and CFO Spurbeck Mark sold 6826.0 shares on Feb 23 ’24.
