Peabody Energy Corporation [NYSE: BTU] plunged by -$1.77 during the normal trading session on Wednesday and reaching a high of $23.565 during the day while it closed the day at $22.75. The company report on February 14, 2023 that PEABODY REPORTS RESULTS FOR FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2022.
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Reports Record Earnings; Retires All Senior Secured Debt.
Generates Fourth Quarter Operating Cash Flow of $670 million and Record Free Cash Flow1 of $580 million.
Peabody Energy Corporation stock has also loss -12.57% of its value over the past 7 days. However, BTU stock has declined by -18.31% in the 3 months of the year. Over the past six months meanwhile, it has gained 0.98% and lost -13.89% year-on date.
The market cap for BTU stock reached $3.28 billion, with 204.60 million shares outstanding and 142.42 million shares in the current float. Compared to the average trading volume of 4.42M shares, BTU reached a trading volume of 7741305 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Peabody Energy Corporation [BTU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTU shares is $34.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTU stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Peabody Energy Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 07, 2022. The new note on the price target was released on October 29, 2021, representing the official price target for Peabody Energy Corporation stock. Previously, the target price had yet another raise from $15 to $22, while B. Riley Securities kept a Buy rating on BTU stock.
The Average True Range (ATR) for Peabody Energy Corporation is set at 1.30, with the Price to Sales ratio for BTU stock in the period of the last 12 months amounting to 0.66. The Price to Book ratio for the last quarter was 1.44, with the Price to Cash per share for the same quarter was set at 9.07. Price to Free Cash Flow for BTU in the course of the last twelve months was 3.45 with Quick ratio for the last quarter at 2.30.
BTU stock trade performance evaluation
Peabody Energy Corporation [BTU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.57. With this latest performance, BTU shares dropped by -13.63% in over the last four-week period, additionally plugging by 0.98% over the last 6 months – not to mention a rise of 14.55% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BTU stock in for the last two-week period is set at 29.07, with the RSI for the last a single of trading hit 20.53, and the three-weeks RSI is set at 34.57 for Peabody Energy Corporation [BTU]. The present Moving Average for the last 50 days of trading for this stock 27.11, while it was recorded at 24.68 for the last single week of trading, and 25.39 for the last 200 days.
Peabody Energy Corporation [BTU]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Peabody Energy Corporation [BTU] shares currently have an operating margin of +31.56 and a Gross Margin at +33.19. Peabody Energy Corporation’s Net Margin is presently recorded at +23.72.
Return on Equity for this stock inclined to 51.89, with Return on Assets sitting at 24.53.
Peabody Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.30 and a Current Ratio set at 2.60.
Peabody Energy Corporation [BTU]: Insider Ownership positions
There are presently around $2,565 million, or 87.50% of BTU stock, in the hands of institutional investors. The top three institutional holders of BTU stocks are: ELLIOTT INVESTMENT MANAGEMENT L.P. with ownership of 23,025,000, which is approximately -10.963% of the company’s market cap and around 1.00% of the total institutional ownership; VANGUARD GROUP INC, holding 11,597,631 shares of the stock with an approximate value of $263.85 million in BTU stocks shares; and FMR LLC, currently with $180.47 million in BTU stock with ownership of nearly -27.91% of the company’s market capitalization.
Positions in Peabody Energy Corporation stocks held by institutional investors increased at the end of Tuesday and at the time of the Tuesday reporting period, where 178 institutional holders increased their position in Peabody Energy Corporation [NYSE:BTU] by around 13,003,635 shares. Additionally, 113 investors decreased positions by around 16,785,149 shares, while 33 investors held positions by with 82,942,760 shares. The mentioned changes placed institutional holdings at 112,731,544 shares, according to the latest SEC report filing. BTU stock had 78 new institutional investments in for a total of 5,456,551 shares, while 32 institutional investors sold positions of 6,029,415 shares during the same period.