why Peabody Energy Corp [BTU] is a Good Choice for Investors After New Price Target of $27.60

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Peabody Energy Corp [NYSE: BTU] jumped around 0.31 points on Thursday, while shares priced at $19.36 at the close of the session, up 1.63%.

Compared to the average trading volume of 2.78M shares, BTU reached a trading volume of 5436312 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Peabody Energy Corp [BTU]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTU shares is $27.60 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 1.40. 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.

BMO Capital Markets have made an estimate for Peabody Energy Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 16, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price from $25 to $36. The new note on the price target was released on June 07, 2022, representing the official price target for Peabody Energy Corp stock. Previously, the target price had yet another raise to $16, while The Benchmark Company analysts kept a Buy rating on BTU stock. On October 04, 2021, analysts increased their price target for BTU shares from 15 to 22.

The Average True Range (ATR) for Peabody Energy Corp is set at 0.81, with the Price to Sales ratio for BTU stock in the period of the last 12 months amounting to 0.55. The Price to Book ratio for the last quarter was 0.65, with the Price to Cash per share for the same quarter was set at 6.36. Price to Free Cash Flow for BTU in the course of the last twelve months was 2.29 with Quick ratio for the last quarter at 1.75.

How has BTU stock performed recently?

Peabody Energy Corp [BTU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.70. With this latest performance, BTU shares dropped by -10.16% in over the last four-week period, additionally sinking by -13.30% over the last 6 months – not to mention a drop of -24.37% 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 41.60, with the RSI for the last a single of trading hit 46.51, and the three-weeks RSI is set at 39.80 for Peabody Energy Corp [BTU]. The present Moving Average for the last 50 days of trading for this stock 22.46, while it was recorded at 19.24 for the last single week of trading, and 23.21 for the last 200 days.

Peabody Energy Corp [BTU]: Deeper insight into the fundamentals

Peabody Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.75 and a Current Ratio set at 2.32.

Insider trade positions for Peabody Energy Corp [BTU]

There are presently around $96.60%, or 97.14%% of BTU stock, in the hands of institutional investors. The top three institutional holders of BTU stocks are: BLACKROCK INC. with ownership of 17.15 million shares, which is approximately 13.3873%. VANGUARD GROUP INC, holding 14.07 million shares of the stock with an approximate value of $$311.31 million in BTU stocks shares; and VANGUARD GROUP INC, currently with $$160.48 million in BTU stock with ownership which is approximately 5.6637%.