Cloud Peak Energy Inc (NYSE:CLD) posted its earnings results on Thursday, October 26th. The mining company reported $0.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.01, Briefing.com reports. The business had revenue of $249.00 million for the quarter, compared to the consensus estimate of $254.82 million. The business’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.06 earnings per share.
Cloud Peak Energy (NYSE:CLD) traded up $0.06 during mid-day trading on Friday, hitting $4.24. 828,200 shares of the stock were exchanged, compared to its average volume of 1,251,032. The company has a market cap of $318.60, a PE ratio of 53.00 and a beta of 1.64. The company has a quick ratio of 1.61, a current ratio of 2.14 and a debt-to-equity ratio of 0.41. Cloud Peak Energy has a one year low of $2.78 and a one year high of $7.73.
A number of brokerages have weighed in on CLD. B. Riley reissued a “neutral” rating on shares of Cloud Peak Energy in a research report on Wednesday, November 1st. BidaskClub cut Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. ValuEngine cut Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Zacks Investment Research downgraded shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Finally, BMO Capital Markets set a $4.00 price target on shares of Cloud Peak Energy and gave the stock a “hold” rating in a report on Saturday, August 5th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. Cloud Peak Energy currently has an average rating of “Hold” and an average price target of $5.14.
Cloud Peak Energy Company Profile
Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.
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